OUR COMMITMENT:

  • Committed to completing your BSA/AML Risk Assessment within the deadline provided by your regulator or bank partner
  • Help identify factors to mitigate your overall risk like High Intensity Financial Crime Area (HIFCA) and High Drug Trafficking Area (HIDTA)
Risk Assessment

A BSA/AML compliance program must be commensurate with risk and in order to do so, financial institutions need a risk assessment

RISK CATEGORIES

test 1

Evaluating the risk profile of a financial institution includes the following risk categories:

  • Customer Profiles
  • Product Offerings
  • Geographic Locations
  • Operational Processes

LET THE COMPLIANCE EXPERTS HELP

We are a preferred Anti Money Laundering Consulting Firm for banks, IRS auditors, service providers and money service businesses.

We will walk you through it!

  • Step 1: We will work with you to gather the information we need to start the risk assessment
  • Step 2: Our certified CAMS representatives will perform an in-depth BSA/AML Risk Assessment on your business
  • Step 3: You will be presented with a comprehensive risk matrix that calculates your risk level based on a scale of high, moderate or low
BSA/AML Risk Assessment

THE FACTS:

BSA Risk

A BSA/AML compliance program must be commensurate with the Company’s risk and in order to do so, financial institutions need a risk assessment.

The BSA/AML Risk Assessment will allow you to have a better understanding of your overall risk. A risk assessment should be comprehensive and well documented.

When complete, an effective risk assessment should enable the financial institution to establish policies, procedures, and internal controls to develop the company’s BSA/AML Compliance Program.

"We just received the approval letter from Wells Fargo, thank you again so much for everything. Without you guys we wouldn't be in business."

Deira Ramos, Compliance Officer, Joyeria Deira, San Fransicso, CA