Back to Basics: Strategic Due Diligence on Higher Risk Customers
2:00 PM ET / 1:00 PM CT
Conducting Due Diligence is nothing new for BSA professionals, but the events of 2020 made compliance professionals across the country view the requirement in a whole new light. What has the industry learned about strategic Due Diligence in 2020 and how can we use that intelligence to improve our compliance programs in the new year? Join this session to learn the latest on CDD, EDD, and best practices for Due Diligence in an increasingly digital world.
Join this session to learn:
- How Due Diligence has changed in 2020, and how can it be strategic?
- What gaps you may have in your current Due Diligence program
- Best practices for Due Diligence in an increasingly digital world
- What you can do to improve your Due Diligence in 2021
This session is eligible for 1.25 credits CAFP, CERP, & CRCM and 1 credit CAMS
Terri Luttrell, CAMS-Audit
Terri Luttrell is a seasoned AML professional and former director and AML/OFAC officer with over 20 years in the banking industry, working both in medium and large community and commercial banks ranging from $2 billion to $330 billion in asset size. She has successfully worked with institutions in developing BSA/OFAC programs, optimizing various automated solutions, and streamlining processes while ensuring all regulatory requirements are met. As the Compliance and Engagement Director at Abrigo, Terri provides insights that contribute and support long-term banking strategies based on analysis of market and industry trends, competitor developments, and financial and regulatory technology changes. She is an audit-certified anti-money laundering specialist and a board member of the Central Texas chapter of the Association of Certified Anti-Money Laundering Specialists (ACAMS). Terri earned her bachelor’s degree in business administration, specializing in business and finance, from the University of North Texas.