SWOAFP February 2008 Meeting Notice
Meeting at The Original Montgomery Inn in
Topic: The PATRIOT Act: Corporate and
Banker Compliance Perspectives – Panel Discussion
Panel Discussion:
1) Susan Cruse, Vice President for Fifth Third Bank, Investigative
Services Manager for The Anti-Money Laundering (AML) Office and Anti-Money
Laundering Specialist (CAMS)
3) Scott Graham, CTP, Director of Treasury and Risk Management for
CareSource Management Group
Date:
Time: 4:15 p.m................Networking Opportunity, hors
d’oeuvres, cash bar
6:00
p.m.………..Adjourn
Location: The
Original Montgomery Inn,
Telephone: 513.791.3482
World-famous and a local favorite, the original location in
the
Directions:
TAKING I-71 SOUTH – Go to Exit
TAKING I-71 NORTH – Go to Exit
TAKING I-75 NORTH – Follow to Ronald Reagan Exit -
go east. Follow until Ronald Reagan ends - stay in left lane - follow
TAKING I-75 SOUTH – Follow to I-275 East - Exit
16. Follow I-275 East to I-71 South - (approximately 5 miles) - Exit 49. Follow
to
TOPIC: The
PATRIOT Act: Corporate and Banker Compliance Perspectives – Panel Discussion
Listed below are some talking points from the different
perspectives regarding the Patriot Act.
1) What is the Patriot Act?
2) How, in general, have banks
been affected by this Act?
3) What is a Customer
Identification Program (CIP)?
4) What does a bank do if suspicious activity is confirmed?
5) Are banks audited by the OCC - re: their processes?
6) How are companies affected by the Patriot Act?
7) Differences for international companies
Biographies:
Susan has been with Fifth Third Bank since February 2002 and
currently serves as the Investigative Services Manager for The Anti-Money Laundering
(AML) Office. Susan manages the daily AML
operational functions, which include suspicious activity investigations and
reporting and compliance with the USA PATRIOT Act. She also monitors ongoing
industry trends to ensure appropriate risk measures are effective. Susan assists in the development of AML
training and works with the Bank’s lines of business representatives to make
certain processes are in place to migrate the chances of the Bank being used to
facilitate money- laundering activities. Other responsibilities include developing
policies and procedures to enhance BSA/AML controls within the Bancorp,
building and maintaining relationships with each line of business in order to
assess and improve facilitation of AML initiatives Bank wide. She also provides regulatory interpretation and
maintaining up-to-date knowledge of changes within the industry, as well as
changes in legislation. Susan is an Anti-Money Laundering Specialist
(CAMS), earned her Bachelors Degree
from the University of Detroit Mercy in Business Administration, and a Graduate
Degree from the University of Phoenix, Master of Arts in Organizational
Management.
Michael J. McAdams, Treasurer for Robbins & Myers
Inc.
Michael (Mac) has been Treasurer at Robbins & Myers since October 2005. He was the Assistant Treasurer from September 2004 to September 2005. From 1999 to 2003, Mac was the Treasurer of Evenflo Company, Inc. He was Treasurer of Advanced Silicon Materials, Inc. from 1996 to 1999. He was also employed by Armco, Inc. for 15 years holding various finance positions, including the position of Assistant Treasurer.
Scott Graham, CTP, Director of Treasury
& Risk Management for CareSource Management Group
Scott oversees all Treasury Operations, manages a
significant fixed income securities portfolio, and is responsible for the
procurement of all required insurance.
Scott spent 25 years in the Commercial Banking Group of Chase out of
Upcoming Activities
·
March 12th - Technology Update – Iron Horse Inn,
· April 16th – Tour of Givaudan Flavors (dinner afterwards)
·
The COTMA/SWOAFP Conference – will be held on
April 21, 2008 at the
Of Note
·
The
annual dues notice will be sent out the first week of February. Please call Mary Fetch or Susan Albonetti if
you have any questions. Susan’s number
is 513-474-7999 and Mary’s number is 345-1141.
Membership Info
·
If
you know friends or peers that are interested in becoming a SWOAFP member,
please contact Susan Albonetti at 513-474-7999 or Mary Fetch at
513-345-1141.
Other
·
Want to know what’s going on in the local
job market? Check out the SWOAFP website (www.swoafp.org) for recent job
postings. If you are looking to fill a position and would like to post it on
the site, please feel free to email any of the Board members.
·
New SWOAFP Membership Brochure
– Our new SWOAFP brochure is in the process of being approved by the
board. We will be displaying this
brochure at the next meeting.