BSA/AML

Protect your financial institution from money laundering issues with guidance and expertise from our CAMS certified consultants. More and more we hear about regulatory enforcement actions for lack of a robust BSA/AML Program.

Our team of BSA/AML compliance consulting professionals help financial institutions establish a Risk-Based Anti-Money Laundering (BSA/AML) compliance program designed to detect and report potentially suspicious transactions.

Through our experience and expertise, we deliver creative solutions that should include policy development, risk assessment, internal controls design, detection procedures, and training.

We also help you establish BSA/AML programs, policies, and procedures to ensure accuracy of recordkeeping. Our consultants bring over 30 years of experience in an array of areas including regulatory compliance and internal auditing for financial institutions. With forward-thinking approaches to reduce risk exposure, RADD can ensure the accuracy of your recordkeeping all time.

In fact, through a custom-designed program we will help you comply with the 5 Pillars of the BSA/AML Program. One weak pillar could jeopardize your entire program and subject your organization to additional regulatory scrutiny.

Our methodology and process is to truly understand your business and any special nuances so we may capture them in the program and address potential gaps in monitoring and reporting.

We offer guidance and/or preparation of program requirements to allow you to measure your risk and plan for adequate staffing.