Show the regulators that your institution puts a premium on BSA/AML/OFAC compliance!

Sheshunoff’s BSA Officer Certification Training Program is your opportunity to receive the in-depth knowledge and resources you need to effectively manage the BSA/AML function at your financial institution. Plus, you’ll earn a professional BSA designation! With this in-depth, training program you can:

• Effectively manage money laundering issues for your financial institution
• Anticipate and control risk 
• Protect your institution from civil and monetary penalties

This unique BSA/AML training and certification program offers you the flexibility to attend the entire program in-house. Our comprehensive program includes 8 interactive sessions as well as an accompanying manual. We recommend all attendees familiarize themselves with the accompanying manual in advance of the webinar sessions. This valuable self-study guide covers the Bank Secrecy Act, USA PATRIOT Act, Anti-Money Laundering Requirements and OFAC Requirements. During the webinar portion of the training, our expert will give you the information and skills needed to administer this critical function, and will address:

• BSA/OFAC/Anti-Money Laundering/Patriot Act General Requirements
• CTR’s and Exemptions
• BSA Management and Independent Test
• CIP, 314 and Other issues
• Risk Assessment and Exam Procedures
• Money Laundering and OFAC
• SAR Reporting and Administration

Training will be conducted twice daily, from 11-12:30 and 2:30-4 Eastern Time. Each session is approximately 60 minutes, followed by 30 minutes for questions and answers. Plan to attend each session in its entirety in order to take full advantage of this unique learning experience. 

Attendees present for all 8 webinars and who complete a survey will receive a certificate for 9.5 continuing education credits. Those unable to attend a specific session will have access to audio recordings for all sessions along with presentation material on a secure website. All attendees must call in from one phone line. Additional charges will apply for multiple phone lines. If you are unable to attend this training session, contact your account representative to register for the next Certification Training Program.

Certification:

Upon successful completion, candidates who meet the requirements below will earn certification from Sheshunoff – a certification that shows your employer and regulators that you have met the standards of education, experience and skill required for this prestigious recognition by the industry leader in bank compliance. 

To qualify for Sheshunoff's BSA Certification, candidates must:

• Successfully complete the course and exam. Examinations are electronic but other arrangements can be made as necessary. Registrants have up to one year to request the exam
• Have at least one year of BSA–related experience (Training can be taken prior to reaching this point, but certification requires one year experience.)  
• One letter of recommendation
• Sign and adhere to a Code of Ethics
• Complete 5 hours of BSA-related continuing education per year. Hours may include other Sheshunoff webinars
• Recertify every two years

To request your BSA Certification Exam:  

Send an email to certification@sheshunoff.com containing the following information within one year of the purchase date of the BSA Certification:  

• The name, title and e-mail address of the student, as it should appear on the certificate
• The name of the test being requested
• The name, title and e-mail address of the proctor
• The name and mailing address of the financial institution, as it should appear on the certificate
• The date on which you would like to take the exam. Please allow 5 business days from the time of request

Once this information has been processed, an e-mail will be sent to the exam proctor that contains exam instructions and login information. The exams are administered online and consist of multiple-choice questions. Students are allotted 75 minutes to complete the timed exam, and a timer will be clearly displayed on the screen during the exam.  A score of 70% is required to pass the exam and achieve certification. Students may attempt the exam twice within one year from date of purchase. There is no additional fee for taking the exam. Should technical difficulties occur during the test, the proctor should call client services at 1-800-456-2340.

About Nelson Everhardt

Nelson F. Everhardt is a former Senior Vice President and Corporate Compliance Executive for Bank of America where he directed a global BSA/AML compliance Program. He is also President of Everhardt & Associates, LLC, an independent consulting firm specializing in proactive compliance solutions to the Financial Services Industry. As an expert on anti-money laundering compliance programs, software solutions and regulatory topics including fraud, Nelson has consulted with top financial institutions-both large and small and leading software providers. He is a frequent speaker at global industry and government conferences, including a recent United Nations Forum in Vienna, Austria. In addition to leading our BSA Certification Program, Mr. Everhardt has partnered with Sheshunoff to develop Internet-based, business-specific AML training programs. See all works by Mr. Everhardt