Daily Log Management

This series of activities provides full daily and monthly performance and monitoring of tedious activities that your credit union performs to ensure compliance including:

• Bank Secrecy Act Report (BSA) review for completion and accuracy
• BSA weekly review to identify evidence of structuring with recommendations for SAR report if needed
• Wire transfer log review with Suspicious Activity Reporting (SAR) recommendations
• OFAC report creation and recommendations for internal review
• Review and reporting of employee accounts for identification of suspicious activity
• Dormant account activity and transaction verification
• Monthly preparation of Executive Summary outlining monitored activities and findings
• Monitoring of teller activity to identify suspicious activity such as reversals involving cash
• High-risk account reporting
• Review of downloaded data