William Schlameuss
Consultant at ARC Risk and Compliance
William Schlameuss has over 20 years' experience in regulatory compliance, including BSA/AML/OFAC. He has worked with a wide range of US branches of major foreign banking organizations from all continents, both as chief compliance officer and compliance consultant. He has a prior background in IT as manager and implementer of core banking and payment systems, as well as compliance-related systems.

Mr. Schlameuss has extensive experience with State and Federal Banking regulators in examination preparation, assistance and response, including assistance in the remediation of written agreements for clients. As a project manager Mr. Schlameuss has led BSA/AML audits, BSA/OFAC Model Validations, remediation efforts of BSA audit issues , and BSA/OFAC look-backs for international banks, both self-imposed and directed by regulatory authorities. Model Validations included Prime, FCRM, Patriot Officer, Actimize, and eGIFTS.

He has conducted the Annual 3130 Supervisory Reviews for Broker-Dealers of the US branches of major FBOs. Mr. Schlameuss is also a member of the Association of International Bank Auditors and the International Bank Regulatory Compliance Committee.
Upcoming Webinar
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Recorded Webinar
Updating Your Bank's BSA/AML/OFAC Risk Assessment
In this webinar, you will learn the basic elements of a risk assessment, understanding your institution and the associated risks, determining the trends in your institution, and how to prepare the report.
Recorded Session Get life time access for one participant with download option!

AML Model Validation: A Critical Need in the New Regulatory Environment
This training program will discuss the history and origin of a model validation. It will also discuss the requirements by the OCC for a model validation, and what exactly a model validation should include. The session will also analyze the elements of a model validation to know what to look for in an RFP, and detail the requirements included in Final Rule 504.
Recorded Session Get life time access for one participant with download option!

Red Flags of Money Laundering
This webinar will explain what money laundering is, various types of money laundering including structuring, micro-structuring and cuckoo smurfing. Attendees will learn how to identify the red flags of money laundering in an account within your institution.
Recorded Session Get life time access for one participant with download option!

Updating Your Bank's BSA/AML/OFAC Risk Assessment
In this webinar, you will learn the basic elements of a risk assessment, understanding your institution and the associated risks, determining the trends in your institution, and how to prepare the report.
Recorded Session Get life time access for one participant with download option!

Red Flags of Money Laundering
Money laundering is one of the primary concerns for any financial institution. The key to success is to know what to look for when reviewing accounts for money laundering. In order to identify possible money laundering in an account, it is first crucial to understand what money laundering is, various types of money laundering and how to spot the red flags of money laundering in an account. This webinar will teach how to spot money laundering from a branch perspective along with a compliance department perspective.
Recorded Session Get life time access for one participant with download option!

BSA Risk Assessment: Documenting BSA/AML Risks to Comply with Regulatory Expectations
There has been an increase in regulatory scrutiny over how financial institutions document their BSA/AML risk controls in the risk assessment. Even though financial institutions have been documenting risk assessments over a long period of time, the expectations have moved from a generalist approach to a more meaningful and specific approach that truly outlines the specifics of the BSA/AML program. Regulators look to the bank to provide strong evidence that the risk assessment represents the BSA/AML program including customers, products & services, and geography. BSA/AML Risk Assessments that describe in depth the inherent risk, mitigating factors and residual risk are essential in a bank's strategic development and Board of Director's governance.
Recorded Session Get life time access for one participant with download option!

Are You Prepared? A Thorough Approach to Complying with Final Rule 504
This webinar will discuss the background and layout of Final Rule 504 and the requirements of Rule 504 for transaction monitoring and filtering program implementation. It will also discuss the foundation of complying with Final Rule 504.
Recorded Session Get life time access for one participant with download option!

Mastering Treasury's New Customer Due Diligence Final Rule
The U.S. Treasury Department released a long awaited final rule that formally requires financial institutions to collect beneficial ownership information from customers at account opening and to ensure the information is accurate on an ongoing basis.Framed as an enhancement to existing customer due diligence responsibilities financial institutions must meet, the rule will necessitate new policies and procedures and the creation of new recordkeeping capabilities.
Recorded Session Get life time access for one participant with download option!

Red Flags of Money Laundering
This webinar will explain what money laundering is, various types of money laundering including structuring, micro-structuring and cuckoo smurfing. Attendees will learn how to identify the red flags of money laundering in an account within your institution.
Recorded Session Get life time access for one participant with download option!

Managing the Alert/Case Clearing Investigation Process - BSA/AML/OFAC Compliance
This webinar will discuss the current 'industry best practice' for the alert/case management investigation process, and any guidance from the regulators. The instructor will cover a sample methodology meant to demonstrate what your institution may be doing, and opportunities to improve it. Participants will understand about the rules/scenarios thresholds that are leading to alerts/cases.
Recorded Session Get life time access for one participant with download option!

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