8:25 – 8:30 am Welcome
Maelynn Lewis, Administration Director, Independent Bankers of Colorado
F. John Podvin, Jr., Partner, Otteson Shapiro LLP
8:30 – 9:30 am AML Reform 2021 – Studies, Strategies and New Requirements!
With the passage of the most dramatic changes to AML since the USA PATRIOT Act in 2001, financial crime professionals will have both the opportunity to weigh in on new regulatory requirements and receive more feedback from law enforcement. This session will cover the key provisions of the new law as well as the status of the many studies mandated by this law.
John Byrne, Esq., CAMS, Vice Chairman, AML RightSource
9:30 – 9:45 am Break
9:45 – 10:45 am Regulatory Panel
Representatives from each of the federal regulatory agencies and the Colorado Division of Banking will provide a review of their agencies’ current philosophies and practices. Panelist will provide an overview of their agency’s current approach to BSA/AML examinations, exam findings and you will have an opportunity to ask questions and participate in give and take discussions. This is your chance to discover what the focal point of your next examination might be.
10:45 am – 11:00 am Break
11:00 am – Noon Cybersecurity Panel with Law Enforcement
The world is more connected now than ever. Half the world’s population is now online, and billions of connected devices are connecting a wide variety of our daily activities to the internet. While these online connections bring opportunity, they also create risk, including large-scale data theft, privacy violations that affect millions of people each year. Join us for this interactive cybersecurity panel discussion.
Noon – 1:00 pm Break
1:00 – 2:00 pm Managing BSA/AML Risk with Financial Technology Partners
Financial technology companies are becoming invaluable partners to financial institutions, revolutionizing products and services for consumers. But, this innovation comes with risk for financial institutions. This session will cover the potential BSA/AML risks present in partnerships with financial technology companies, strategies for identifying these risks, and best practices for addressing these risks.
James Siegel, Manager, Plante Moran
2:00 – 2:15 pm Break
2:15 – 3:15 pm OFAC and Sanctions Compliance in 2021
Today’s sanctions compliance landscape is posing greater challenges for businesses and financial institutions of all sizes. The Treasury’s new framework guidance is suggesting that enforcements will include much greater personal accountability. This session is specifically designed to inform you of the monitoring expectations being communicated both in the US and internationally.
Tim White, Special Advisor and Sanctions Specialist, Financial Crimes Advisory, AML RightSource
3:15 – 3:30 pm Break
3:30 – 4:30 pm BSA/AML Hot Topics and Best Practices
This fast-paced session will provide you with the tools you need. Discussion topics include:
Angela Kernell, Manager, Financial Services, Crowe LLP and Cory Minard, Manager, Financial Services Financial Crimes and Digital Security, Crowe LLP
- Common Beneficial Ownership Challenges and Recommendations
- Risk Assessments and Risk Ratings
- Due Diligence
- Banking Non-Resident Aliens
- and More!
4:30 pm Adjourn
Schedule subject to change
Who Should Attend
This Summit is designed for those responsible for management and/or functional-level responsibilities for BSA/AML compliance and/or operations. Individuals with retail banking, risk management, compliance, audit, operational, corporate banking, bank presidents and directors, and training responsibilities will benefit from this program.
Professional Continuing Education Credit
IBC has applied for both ABA Professional Certification and ACAMS Accreditation professional education credits . Last year the Summit was approved for 7.5 CRCM and 7.5 CAFP credits and 6 CAMS credits.
The Summit will be channeled via
GoToWebinar. Upon registration you will receive connection information and Summit materials.
There are numerous hotels near the venue. Options include: Hyatt Regency Denver Tech Center, Hilton Garden Inn Denver Tech Center, Denver Marriott Denver Tech Center,
Anne Benigsen, SVP-Chief Information Officer and Chief Information Security Officer, Bankers’ Bank of the West and President, CivITas Bank Solutions, A Bankers’ Bank of the West Bancorp Inc. Subsidiary
has over 25 years of experience in technology, securing technology and securing people from technology. After a variety of positions in public and private industry, she now hangs her hat as the CI(S)O of Bankers' Bank of the West and President of their affiliate, CivITas Bank Solutions. She is passionate about helping community banks navigate through the trifecta that is cybersecurity, technology, and compliance by listening and understanding each banks' business strategy, objectives, and goals. Anne believes that sharing information and being open and transparent about the realities of securing data is the only way to stay zen in this rapidly changing world.
John J. Byrne, Esq., Vice Chairman and member of the Board of Directors, AML RightSource
He is also an Adjunct Professor at George Mason University’s Schar School of Policy and Government. Byrne is an internationally known regulatory and legislative attorney, and one of the leading AML community voices for over 35 years. He has experience in a vast array of financial service related issues, with particular expertise in regulatory oversight, policy and governance, anti-money laundering (AML), privacy and terrorist financing. He has written hundreds of articles and blogs on AML, financial crime and privacy; represented the financial sector in this area before the United States Congress, state legislatures and international bodies such as the Financial Action Task Force (FATF); and appeared on CNN, Good Morning America, the Today Show, and many other media outlets in the United States and abroad. John has received numerous awards, including the Director's Medal for Exceptional Service from the US Treasury Department's Financial Crimes Enforcement Network (FinCEN), the American Bankers Association’s (ABA) Distinguished Service Award for his career work in the compliance field, the Patricia Wise Award from the West Coast AML Forum (WCAML) as well as several awards for writing columns and blogs and for his podcast, AML Now (which has become “AML Conversations”). John was recognized with the ACAMS Lifetime Service Award in September 2017 and remains on the ACAMS Advisory Board. He also serves on Marquette University’s Commercial Banking Board and a number of other boards and steering committees. John is also a member of the United States Running Streak Association (USRSA) for running three miles a day for 25 years and counting. (www.amlrightsource.com
Angela Kernell, Manager, Financial Services, Crowe LLP
Angela is a manager in Crowe’s Financial Services Consulting practice and is part of Crowe’s Financial Crimes team. She has over 15 years of experience specializing in global AML and fraud compliance and audit, including consent order remediation, program and project management, policy and procedure development and testing, investigations, regulatory response, business process and technology solutions, quality assurance/ quality control, and risk assessments. Angela successfully led teams of compliance project managers in executing on regulatory requirements. She has worked across business lines to develop long-term, sustainable global compliance processes and procedures. As a leader in the Global Compliance Project Management team, Angela successfully prioritized, assigned, and managed, multiple Global Compliance projects and programs that were a result of global regulatory requirements. Her experience includes technology builds, program development and testing, operational readiness and audit. During her career, Angela has been an integral part of multiple projects including consent order remediation, AML program and process development, compliance and operational testing, investigations and risk assessments and internal audit.
, Manager, Financial Services Financial Crime and Digital Security, Crowe LLP
Corey is a Manager in Crowe’s Financial Services Financial Crime and Digital Security practice with over six years of experience. His professional experience has focused on regulatory compliance consulting for the Financial Service Industry including AML transaction monitoring, sanctions screening and customer risk rating, and Fraud model validations. During his tenure at Crowe, Corey has primarily focused on engagement delivery for Financial Crime Model Validations and serves as one of Crowe’s subject matter experts in transaction monitoring, customer risk rating, and fraud model validations. Corey also has extensive experience with AML lookbacks, AML/BSA Investigations, NYSDFS 504 compliance, AML/BSA staffing assessments, and program/project management. Corey works primarily with anti-money laundering and compliance procedures supporting AML Model Validation and NYSDFS 504 engagements. Corey’s transaction monitoring, sanctions screening, and customer risk rating model and data validation experience has focused on Actimize, BAM/BAM+, FCRM, Verafin, ECS, SAS, YellowHammer, HotScan, AlertU, IBS Insight, Prime and Patriot Officer. While serving client’s subject matter needs, Corey has coordinated and delivered project management services. He has was worked for clients ranging from small community banks, FinTech institutions, to international multi-billion dollar financial institutions.
F. John Podvin, Jr., Partner, Shapiro Bieging Barber Otteson, LLC
John Podvin brings more than 25 years of regulatory agency, law firm and corporate experience to Shapiro Bieging Shapiro & Barber Otteson LLP. A partner in the firm, John advises corporate boards, board committees and management teams on federal and state banking laws. He has served his clients as a primary liaison to federal bank regulators. John is part of SBBO’s nationally recognized team of banking and financial institutions lawyers who provide comprehensive legal services to financial institutions, including local, community, regional and large banks.
Timothy R. White, Special Advisor and Sanctions Specialist, Financial Crimes Advisory, AML RightSource
With veteran experience within the banking and financial services sector, Mr. White has specifically focused on OFAC, international sanctions, and BSA compliance. Mr. White is an OFAC/Sanctions specialist and has consulted and trained on the topic for several government and private initiatives. He has spoken at many notable conferences, including ACAMS and ABA events, and has published articles in the ABA Bank Compliance Magazine, ACAMS Today, and Western Banking Magazine. Mr. White earned his Bachelors of Business Administration from the University of Iowa.