All banks and most financial institutions are required to have anti-money laundering (AML) programs in place within their organizations to detect and prevent money laundering and terrorist financing. For many of these entities, an individual in-depth analysis of all customers, accounts, products and services in not very feasible, given that the numbers of each may be significant and more than the capacity of the organization to deliver. Accordingly, a risk management program will help to identify and narrow down where the focus of attention should be. By identifying risks and basing decisions on factors that are related to higher risk elements, attention to addressing higher risk elements can be done more efficiently and more productively for the organization. A good AML Risk Management program will also better satisfy regulatory requirements.
WHY SHOULD YOU ATTEND?
This training is essential for anyone working in a financial institution who is involved in AML compliance. The course will inform the attendee of the basics of identifying money laundering risks and how to effectively manage a program to handle and address those risks.
AREA COVERED
What is AML Risk Management
Why is AML Risk Management important?
Identifying elements to consider when developing AML Risk Management
Creating an AML Risk Management profile and matrix
Using AML Risk Management in operations
Evaluating the effectiveness of AML Risk Management
How AML Risk Management principles can help your organization in other ways
LEARNING OBJECTIVES
Learn what AML Risk Management means
Learn why regulators prefer a risk management approach to AMLThis tra
Learn how to identify some common AML risks
Learn how to create and apply an AML risk management matrix in operations
Learn how to evaluate the effectiveness of your AML risk management program
Learn how to apply AML risk management principles in other areas of your business
WHO WILL BENEFIT?
- Bank compliance and AML officers
- Risk and compliance staff
- Bank and other financial institution management
This training is essential for anyone working in a financial institution who is involved in AML compliance. The course will inform the attendee of the basics of identifying money laundering risks and how to effectively manage a program to handle and address those risks.
What is AML Risk Management
Why is AML Risk Management important?
Identifying elements to consider when developing AML Risk Management
Creating an AML Risk Management profile and matrix
Using AML Risk Management in operations
Evaluating the effectiveness of AML Risk Management
How AML Risk Management principles can help your organization in other ways
Learn what AML Risk Management means
Learn why regulators prefer a risk management approach to AMLThis tra
Learn how to identify some common AML risks
Learn how to create and apply an AML risk management matrix in operations
Learn how to evaluate the effectiveness of your AML risk management program
Learn how to apply AML risk management principles in other areas of your business
- Bank compliance and AML officers
- Risk and compliance staff
- Bank and other financial institution management
Speaker Profile
Kenneth Barden
Kenneth Barden is a seasoned Compliance and Regulatory Specialist. He was trained as a lawyer and is admitted to the practice of law in the United States and abroad. He is a certified Anti-Money Laundering Specialist and is COSO-certified. He has over 37 years of experience in both the public and private sector, including over 14 years overseas. He has been a contributing author to several books, articles and other publications relating to compliance issues. He is a graduate of Indiana University School of Law, and has completed several post-graduate study programs.
Upcoming Webinars
Do's and Don'ts of Documenting Employee Behaviour, Performa…
By:Diane L. Dee
June 15, 2026
10:00 AM PDT | 01:00 PM EDT
Data Integrity and Privacy - Compliance with 21 CFR Part 11…
By: Carolyn Troiano
June 15, 2026
12:00 PM PDT | 03:00 PM EDT
2-Hour Virtual Seminar on How to Conduct an Internal Harass…
By:Dr. Susan Strauss
June 15, 2026
12:00 PM PDT | 03:00 PM EDT
Payroll Record Keeping: How to Thin Out File Cabinets and Q…
By:Mark Schwartz
June 16, 2026
12:00 PM PDT | 03:00 PM EDT
The Perfect Storm Coming to Healthcare: Value Based Care Me…
By:Dr. Bill Trombetta
June 16, 2026
10:00 AM PDT | 01:00 PM EDT
Fostering a Culture of Respect: Eliminating Gossip, Rumour…
By:Bruce Lee
June 16, 2026
10:00 AM PDT | 01:00 PM EDT
Construction Lending And Real Credit Administration: Evalua…
By:Dev Strischek
June 17, 2026
12:00 PM PDT | 03:00 PM EDT
Medical Device Cybersecurity Following FDA’s 2026 Premarket…
By:Edwin Waldbusser
June 17, 2026
10:00 AM PDT | 01:00 PM EDT
HIPAA Compliance in 2026 — Practical Strategies for Breach …
By:Ms. Michael Redmond
June 18, 2026
10:00 AM PDT | 01:00 PM EDT
Moving From an Operational Manager to a Strategic Leader
By:Pete Tosh
June 22, 2026
12:00 PM PDT | 03:00 PM EDT
Launch Your Career: The Ultimate Guide for Emerging Profess…
By:Hulya Kurt
June 22, 2026
10:00 AM PDT | 01:00 PM EDT
Dealing With Difficult People: At Work & In Life
By:Paul J. Cline
June 23, 2026
10:00 AM PDT | 01:00 PM EDT
I-9 Audits: Strengthening Your Immigration Compliance Strat…
By:Diane L. Dee
June 23, 2026
12:00 PM PDT | 03:00 PM EDT
Discover how Emotional Intelligence turns AI from a technic…
By:Lesley Crook
June 23, 2026
10:00 AM PDT | 01:00 PM EDT
High-Impact Performance Management: Tools, Tactics & Coachi…
By:Marcia Zidle
June 24, 2026
12:00 PM PDT | 03:00 PM EDT
The 60 Minutes Introduction to DAX
By:Markus Ehrenmueller-Jensen
June 24, 2026
10:00 AM PDT | 01:00 PM EDT
Empowering Conflict Resolution: Letting Go to Gain Control
By:Aimee Bernstein
June 24, 2026
12:00 PM PDT | 03:00 PM EDT
The 6 Most Common Problems in FDA Software Validation and V…
By:David Nettleton
June 24, 2026
10:00 AM PDT | 01:00 PM EDT
AI Across the Business: Practical Use Cases for Founders an…
By:Kathryn E. Strachan
June 25, 2026
12:00 PM PDT | 03:00 PM EDT
Faster, Better Talent Acquisition: Leveraging AI & ChatGPT …
By:Marcia Zidle
June 25, 2026
12:00 PM PDT | 03:00 PM EDT
The Anti-Kickback Statute: Enforcement and Recent Updates
By: William Mack Copeland
June 26, 2026
12:00 PM PDT | 03:00 PM EDT
Copilot and HR: An Introduction for HR Professionals
By:Deb Schaffer
June 30, 2026
10:00 AM PDT | 01:00 PM EDT
Goal Mastery: From Resolutions to Results in 2026
By:Edlyn McGarity
June 30, 2026
10:00 AM PDT | 01:00 PM EDT
Your AI Advantage: How HR Professionals Can Use Claude to S…
By:Margie Faulk
July 1, 2026
10:00 AM PDT | 01:00 PM EDT
Human Error Reduction Techniques for Floor Supervisors
By:Ginette M. Collazo
July 2, 2026
12:00 PM PDT | 03:00 PM EDT
Validation of FDA-Regulated Medical Device and SaMD Product…
By: Carolyn Troiano
July 3, 2026
12:00 PM PDT | 03:00 PM EDT
Human Factors Usability Studies Following ISO 62366 and FDA…
By:Edwin Waldbusser
July 3, 2026
10:00 AM PDT | 01:00 PM EDT
Managing Toxic & Other Employees Who Have Attitude Issues
By:Pete Tosh
July 6, 2026
10:00 AM PDT | 01:00 PM EDT
4-Hour Virtual Seminar on Transformational Leadership - The…
By:Paul J. Cline
July 7, 2026
10:00 AM PDT | 01:00 PM EDT
Understanding EBITDA – Definition, Formula & Calculation
By:Justin Muscolino
July 8, 2026
12:00 PM PDT | 03:00 PM EDT
Navigating HR Like A Pro: What Every Small Business & New H…
By:William J. Rothwell
July 9, 2026
12:00 PM PDT | 03:00 PM EDT