Red Flags of Money Laundering

Gina J. Lowdermilk
Oct 17, 2019 - 01:00 PM EDT
Starting at

$249


Buy Now

This webinar will explain what money laundering is, various types of money laundering including structuring, micro-structuring and cuckoo smurfing. Attendees will learn how to identify the red flags of money laundering in an account within your institution.

Why Should You Attend:

Money laundering is one of the primary concerns for any financial institution. The key to success is to know what to look for when reviewing accounts for money laundering. In order to identify possible money laundering in an account, it is first crucial to understand what money laundering is, various types of money laundering and how to spot the red flags of money laundering in an account.

This webinar will teach how to spot money laundering from a branch perspective along with a compliance department perspective.

Areas Covered in the Webinar:

  • What is money laundering
  • History of money laundering
  • Red flags of structuring
  • Red flags of micro-structuring
  • Red flags of cuckoo smurfing
  • How can allowing money laundering affect me/my financial institution/USA?
  • When do we tell the BSA officer, and what should we use to communicate?
  • The customer told me that she is hiding money from the IRS, should I tell BSA?
  • What are the Red Flags for Identity Theft?
  • We did not book the mortgage loan so why should I tell BSA that the identification and TIN did not match?

Who Will Benefit:

  • Banking compliance Personnel
  • Credit Union compliance Personnel
  • Financial institution compliance Personnel
  • Branch Management Staff
  • Training Department/Program Professionals
  • District Bank/Credit Union/Financial Institution Managers
  • Teller Supervisors
  • Compliance Managers
  • Compliance Analyst/Investigators
Webinar Events
Attend Live Webinar
Oct 17, 2019 - 01:00 PM EDT

Duration: 90 Minutes

Single Attendee


Group of 3 to 5


Group of 6 to 10 + DVD-USB


Training CD-DVD

Physical CD-DVD of recorded session will be despatched after 72 hrs on completion of payment


Recorded video

Recorded video session



Speaker: Gina J. Lowdermilk, BSA/Compliance Auditor and Consultant

Dr. Gina J. Lowdermilk,PhD (ABD), CAMS, CRMS is a highly experienced and educated BSA/AML and Financial Regulatory Compliance professional with extensive policy and procedure development and implementation, training, internal audit, monitoring, risk management, and reporting experience. Her emphasis has been working with financial institutions that are experiencing regulatory concerns and resolutions, including enforcement actions such as memorandums of understanding and cease and desist orders. Her 15 years of experience has given her the opportunity to work from small community banks to large, international financial institutions. Her roles not only included BSA/AML and Compliance, but also operations, lending services, business development, marketing, management, department development, and asset quality.

Ms. Lowdermilk has worked with all of the financial regulators and examiners. She possesses advanced Microsoft Excel, PowerPoint, Word, Internet Explorer, Visio, and Access skills. She also has experience with FiServ, BAM, CRA Wiz, TeamMate, COGNOS, and Metavante banking software. She has been responsible for creating both recurring and ad hoc executive management and board presentations. In addition to her above experience, she is also an adjunct instructor for the business and construction management programs at a local college, as well as writes numerous BSA/AML and Compliance articles, training materials, and manuals as requested from numerous clients.


Follow us

Toll Free

1-866-978-0800

Fax

1-888-883-7697