Bank Security 101 is a pre-conference workshop designed for those who are new to the bank security world and for those who may need a refresher course in the regulations governing the issues related to the security function. Kevin will review the Bank Protection Act, UCC, Sarbanes Oxley, and much more to make you aware of your regulatory obligations and identify ways to achieve your goal of protecting company assets while staying within the lines of the coloring book. It is important for anyone associated with bank security (investigators, fraud analysts, anti-money laundering agents, and others) to understand the various technologies used to prevent or detect crimes against your institution, and this session will address all of those technologies. Bank Security 101 is intended to give each attendee an appreciation for the regulatory, physical security, fraud prevention and investigative environment, so they understand how the bank security function may be viewed as a valuable contributor to the bottom line.
Specific elements of Security 101 include the following:
- Recent changes and case law related to the Bank Protection Act.
- A theoretical discussion on bank security equipment
(Vaults, Video, Access Control, Dye Pacs, tracking, locks, safes, etc.)
- The realities of conducting bank security investigations.
- Proven investigative methodologies through a discussion of specific case studies.
- The benefits of using a case management system and process for
SAR reporting requirements, and
gathering information for regular management reports.
- Using the investigative process to reduce future losses through fraud prevention technologies.
- How regulations might actually increase the prospect of loss recoveries.
- Discussion of current trends in fraud, including ATM Skimming and identity theft.
- How investigations may be used to satisfy training requirements of the Bank Protection Act.
- Suspicious Activity Reporting requirements under the Bank Secrecy Act.
- How the Right to Financial Privacy impacts the investigative process.
- The importance of working with Law Enforcement to investigate and prosecute financial crimes.
Note: Agenda includes 15 minute break in morning, 15 minute break in afternoon, and 1 hour lunch break from 1200-1300. Total training time = 6.5 hours.P. Kevin Smith, CPP