Challenges in Verification and Screening of Ultimate Beneficial Owners
In order to create a community for sanctions technology professionals as well as arm those professionals with most up-to-date knowledge in sanctions tech, the ACSS has created the Sanctions Innovation & Technology Taskforce (SITT).
As part of its goal to provide useful resources to sanctions professionals, SITT members are tasked with conducting regular Technology Webinars to keep the sanctions community abreast of all the latest developments in sanctions tech.
In this ACSS Tech Webinar, our expert speakers will discuss the challenges associated with identifying, verifying, and screening Ultimate Beneficial Owners and provide specific strategies to mitigate those challenges.
Duration: 75 minutes
Speakers: Deb Geister, Manager and CEO, Section 2 Financial | Jennifer McEntire, Senior Manager, Wells Fargo
Moderator: Natasha Bright, Reporter, ACSS
Date: Thursday, Dec 03, 2020
Time: 12:00 PM – 01:15 PM EST
05:00 PM – 06:15 PM London
06:00 PM – 07:15 PM Amsterdam
Topics will include:
- Overview of regulatory expectations regarding Ultimate Beneficial Owners
- Other benefits of collecting Ultimate Beneficial Owners and impact on the financial crime ecosystem
- Case study: Ultimate Beneficial Owner operational processes and challenges
- Best practices and tips from industry experts on how to optimize processes around Ultimate Beneficial Owners
Members of the Association
This webinar is included in your membership and you will be sent login details by email a day before the webinar.
If you would like to register for the webinar in advance, so that it is entered into your calendar.
Sign up today!
Tell your friends, clients, customers and colleagues about it.
ACSS webinars conduct audience polls that will give you vital benchmarking data so you can measure your sanctions compliance against others.
Registered attendees can request a Certiﬁcate of Attendance to demonstrate training to auditors and regulators. For any assistance please
Manager and CEO
Section 2 Financial
Previously Geister was Managing Director for AML Advisory Services at Matrix International Financial Services. Geister has 15 years of experience in leadership roles in banking compliance. She worked at US Bank as a VP of Risk and Compliance and spent three years at Meta Bank as Senior Vice President, leading the combined Fraud and Bank Secrecy Act (BSA) Unit. She successfully helped the bank to emerge from a cease and desist order.
Geister also spent nearly 10 years with LexisNexis Risk Solutions. In her various roles there she worked as a subject matter expert and product strategy lead for the AML and Fraud business lines.While at LexisNexis, she worked with big data and analytics, predictive modeling, product strategy and road map design. She was also instrumental in driving customer engagement and cross-functional team development. Her accomplishments include driving thought leadership and market interaction for the company which resulted in a leading market position and strong double-digit product growth year over year.
Geister has a degree in Speech Communications from Southwest Minnesota State University and has worked in broadcast media. She continues to be a frequent featured industry speaker and contributor.