Description
RELEASE DATE: NOVEMBER 2, 2026
ESTIMATED DURATION: 75 MINUTES
Understanding who truly owns and controls member accounts is a critical component of an effective BSA/AML compliance program. In this webinar, Tyler Draffan, Compliance Specialist with ViClarity, will walk through the key requirements and expectations related to Beneficial Ownership and Member Due Diligence for credit unions. The session will cover regulatory requirements, practical application for account opening and ongoing monitoring, documentation and recordkeeping expectations, and common examiner findings. Attendees will gain practical insights to help strengthen controls, reduce risk, and maintain compliance. This webinar is ideal for BSA/AML officers, compliance and risk management staff, frontline and member service teams involved in account opening, lending and operations personnel, audit staff, and anyone responsible for customer/member due diligence or beneficial ownership compliance.
MEET THE SUBJECT MATTER EXPERT
Tyler Draffan is a compliance specialist with ViClarity, supporting credit unions nationwide by providing practical and risk-focused guidance. Based in California, Tyler works closely with credit unions and league associations across the country, navigating complex regulatory requirements and working to strengthen institutions’ programs. Tyler also contributes educational content to ViClarity’s various resources.
With a career spanning credit unions and banks, Tyler’s areas of expertise include Bank Secrecy Act compliance, risk management, and examination remediation. Tyler is driven by a natural inclination towards solving complex problems and the detailed analysis required.
LEARNING METHOD This is an on-demand e-learning program requiring learners to interact and actively engage throughout the training.
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