What is a Bank Board’s Role in BSA/AML and OFAC Compliance? Part 2 | Calling All Bank Directors Ep. 29

2021-01-12

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This week, host and AABD President David Baris is joined again by Ross Marrazzo, Managing Partner and Head of Compliance and Ethics of Treliant LLC, a leading bank consulting firm. In Part 2 to our BSA/AML discussion, Ross will address metrics prepared by the BSA Officer for your board to review, the importance of accurate data across the organization, the role of the board in evaluating staffing and qualifications of management, the advantages of having at least one board member with relevant...

This week, host and AABD President David Baris is joined again by Ross Marrazzo, Managing Partner and Head of Compliance and Ethics of Treliant LLC, a leading bank consulting firm.

In Part 2 to our BSA/AML discussion, Ross will address metrics prepared by the BSA Officer for your board to review, the importance of accurate data across the organization, the role of the board in evaluating staffing and qualifications of management, the advantages of having at least one board member with relevant background, and measures that the board can take to mitigate the risk of enforcement actions.

Ross has over 34 years of domestic and international experience in the design, oversight, and assessment of AML/BSA, global economic sanctions, fraud, and anti-bribery/corruption programs.

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Thanks to our guest, Ross Marrazzo: https://www.treliant.com/our-team/ross-marrazzo/

Calling All Bank Directors is the podcast of the American Association of Bank Directors. AABD has been your advocate since 1989 and our podcast, hosted by AABD President David Baris, is designed to keep you well informed to help protect both you and your bank.

Questions? Contact dbaris@aabd.org.

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