Back to Basics: Strategic Due Diligence on Higher Risk Customers

Monday, November 30, 2020
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

Meet Your Presenters

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.

Full Bio

Sharon Blanchette, CPA, CIA, CRCM, CAMS

Sharon Blanchette serves as a Director of AML & Consumer Compliance for Chartwell and has over 20 years of risk management, audit, regulatory compliance, AML, and IT experience.  To this she has added significant experience with Fintechs and Fintech compliance.  Prior to her current role, Sharon held roles as diverse as Chief Risk Officer, Director of a Financial Investigations Unit, Director of Consumer Compliance, and Audit Director.  In some of her prior roles, Sharon was onboarded to remediate regulatory enforcement actions, and has extensive experience acting as a liaison to regulatory examiners.  In the Financial Crimes world, Sharon has extensive experience with AML, OFAC, and Fraud systems, and the process of documenting and testing the related models.  She has also designed cannabis risk management programs for financial institutions.  In the Consumer Compliance world, Sharon has experience implementing and testing compliance programs for UDAAP and the alphabet soup of lending and deposit regulations. 

Full Bio

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