BSA/AML Training by Function

Authors: Nelson Everhardt, Daniel V. Kuhn
Format/Frequency: Looseleaf/Periodic
Price: $545

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Passage of the USA PATRIOT Act and the national fight to curb terrorism have made anti-money laundering (AML) compliance one of the most critical challenges facing financial institutions. Regulators are now looking to make examples of banks of all sizes, and a rigorous AML training program is a key ingredient that must be in place to ensure compliance.

AML training is no longer a “check-the-box” item for regulatory examiners. Regulators now look at much more than whether you have offered training—they review attendance records, the content of the training, the accuracy and currency of the curriculum, and whether trained staff members demonstrate an on-the-job understanding of AML requirements.

Sheshunoff’s BSA/AML Training by Function sets the standard for expert AML training. Our authors, Nelson Everhardt and Dan Kuhn, both nationally recognized authorities on AML training, have created this customized curriculum for your staff, with courses designed just for retail operations, private banking, correspondent banking, securities and broker-dealer services, commercial, and compliance and audit.

Train Your Staff on the Specific AML Requirements for their Job

This program gives you the tools to ensure that every person in your financial institution is well-versed in the AML requirements specific to his or her job.

We make it easy for you to tailor your AML training by specific lines of business. Chapter 1 covers the manual’s purpose and organization, with specific information on testing and topic certification. Chapter 2 is a general-knowledge course all staff members should take, except for those in retail banking, who have their own complete course in Chapter 3.

After completing the general course in Chapter 2, persons working in the following key areas should also take a specialized course for their job function:

Private Banking (Chapter 4)
Securities and Broker-Dealer (Chapter 5)
Correspondent Banking (Chapter 6)
Commercial Bankers (Chapter 7)
Audit and Compliance (Chapter 8)

Each chapter contains customized content, real-life scenarios, and examples followed by quizzes and tests to assess learning. Subscribers may send completed exams to Sheshunoff for scoring at a cost of $25 per exam. A final chapter contains a complete AML glossary and information on other useful resources.

Put the AML Authorities on your Team

Nelson Everhardt is President of Everhardt & Associates, LLC, a consulting firm specializing in providing solutions for financial institutions in the area for anti-money laundering. Mr. Everhardt previously headed anti-money laundering efforts at the Bank of America and regularly advises regulators, trade associations, and the world’s largest institutions on protecting the institutions from money laundering activities.

He is the former vice chairman of the US SWIFT National Group, where he chaired the Responsibility and Liability Subcommittee. He is also the former chairman of the International Financial Services Association, and is a frequent speaker at anti-money laundering conferences in the U.S. and Europe.

Co-author Daniel V. Kuhn is an Executive Consultant for Parks Consulting. He frequently collaborates with Everhardt & Associates, LLC, and is an expert at providing program development, assessment, training, and project management to clients looking to build cost-effective anti-money laundering compliance programs.

An executive with over 32 years of experience in banks and bank operations, Mr. Kuhn was a recent Senior Vice President at Bank of America where he successfully managed large scale, highly complex projects, including bank consolidations. He has also managed nationwide bank operations including treasury management, international and domestic wire transfer, ACH, and international bank operations. During his 14 years with the Bank he was responsible for installing and managing the first OFAC compliance software with NationsBank.

Prior to joining Bank of America, Mr. Kuhn was a Vice President at Chase Manhattan for over 17 years where he specialized in international bank operations which included overseas assignments in Tokyo, Hong Kong, and Taiwan. He also spent over 9 years in the audit group developing standards and programs. He has participated in the Planning Committee for the U.S. Council on International Banking (now IFSA) and was on the board of the North Carolina ACH Association.

Boost Your AML Training Program

When you subscribe to BSA/AML Training by Function, you’ll be assured that your staff members will receive the training they need to meet regulatory requirements and to protect your institution against money-laundering schemes.

For comprehensive, reliable training in an easy-to-use format, order Sheshunoff’s BSA/AML Training by Function today!