Reports and records are monitoring tools used for assessing the overall health of the credit union. They are extremely detailed with multiple layers of information. Your credit union relies on a level of specialized skill to interpret and analyze report data.

This backroom operations work has its own set of Bank Secrecy Act considerations affecting its daily activity. BSA imposes requirements for reporting certain transactions and keeping records of others. Operations staff should be aware of the scans required by the Office of Foreign Assets Control. Should monitoring transactions and analyzing reports generate red flags, the operations staff must initiate certain action steps. A solid understanding of how the Bank Secrecy Act touches monitoring and reporting keeps your credit union operating securely and in compliance.

This Training on Demand covers what operations staff need to know to be in compliance with the Bank Secrecy Act. In addition, it provides access to five onine exams with the opportunity to purchase additional for $24.50 each to record proof of the knowledge gained.

CUNA Training on Demand is a downloadable, video-like training tool that provides a 30-45 minute expert presentation.