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Breaking Down Beneficial Ownership: A Former Regulator’s Perspective

Upcoming Webinar: Breaking Down Beneficial Ownership 


A Former Regulator’s Perspective on Customer Due Diligence 

FinCEN’s Final Ruling on Customer Due Diligence requirements for financial institutions calls for a number of changes that will affect every financial institution as it works to cultivate new relationships, open new accounts, and monitor its customer/member base. As your institution navigates through project plans ahead of the May 2018 deadline, it is important to take a step back and look at the broader picture to ensure success across all the effected lines of business.

In this webinar former OCC Examiner, Jessica Caballero, will discuss what steps you should be taking to impress your examiners and what they will be looking for in your next exam. We will cover:

  • Beneficial ownership requirements
  • Policy considerations
  • Training initiatives
  • Formal action plans
  • Enhanced customer due diligence procedures



Download The Q&A From This Webinar

Meet Your Presenter

Jessica Caballero

Jessica Caballero, CRCM
Banker’s Toolbox

Jessica Caballero is a former OCC Examiner with a focus in the Bank Secrecy Act and consumer compliance regulations. She started her career at a large community bank before joining the OCC. As an examiner, she was responsible for examining all functional areas including asset quality, consumer compliance, capital markets, and information technology for financial institutions of varying risk profiles and asset size. After her years as an examiner, she worked as a Bank Secrecy Act Officer at a small commercial bank. Before joining Banker’s Toolbox, Jessica was a compliance consultant with a boutique consulting firm assisting community banks with the implementation of Dodd-Frank. She assisted banks with the risk assessment process, policy creation, and the overall implementation of a comprehensive compliance management program.