The deposit operations department is an area within each financial institution that may be misunderstood by many as having significant value for identifying fraud. Financial institutions may be missing the opportunity to identify fraud earlier in the risk management chain if deposit operations do not have the appropriate fraud management structure for identifying fraud. This webinar will focus on those areas of fraud risk mitigation controls that can be built into the deposit operations department for preventing and identifying fraudulent activities.
Topics include red flags and suggested procedures for identifying and preventing fraud on:
- Dormant accounts
- Debit Cards
- New Accounts
- Telephone Transfers
- Changes to Account
- Other Blind Spot areas in Deposit Operations
Who Should Attend?
- Deposit Operations Management and Staff
- Compliance Officers
- Electronic Banking Management/Staff
- Internal Auditors
- Risk Managers
- Deposit Operations Management/Staff
- Senior Management