BSA and AML Consulting

As a financial institution, you’re facing intense regulatory requirements in regard to the Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) rules. It’s not enough to just keep up with the ever-expanding changes, you need to be ahead of the curve and prepared for the latest changes before they occur. Our BSA and AML consulting services will ensure your people are trained and your systems tested – so you’re in the know and ready.

At Mercadien, our professionals are Certified Anti-Money Laundering Specialists (CAMS) and serve as auditors and consultants to commercial and community banks. We understand how difficult it is for bank executives to oversee and address the increasing and complicated regulatory requirements and risk factors impacting your operations, while maintaining compliance, profitability and strategic focus in today’s competitive market. Our BSA and AML consulting services will help you predict regulatory trends as the bar keeps rising.


Complying with the Bank Secrecy Act requires resources and planning. We know it’s more than just costly, it’s a severe headache for many compliance officers. Staffing issues, maintaining functioning systems, new procedures, reporting and examinations – we hear you.

From coast to coast, we support our clients in navigating potential obstacles and obtaining effective, innovative solutions by anticipating the challenges, risks, and opportunities they face. Due to the continuity of our teams, year after year, our clients feel assured that their engagements are always managed by well-trained, committed and passionate professionals.

Our consultants are a mix of seasoned auditors and bankers, ready to come on board and solve your biggest challenges. Whether you engage us for an independent review or BSA and AML consulting services, you receive partner-level attention, recommendations for an action plan, and a myriad of resources at your disposal. Each Mercadien client receives a high level of service, passion, and attention to detail. We consider it delivering the Mercadien Client Experience.


Independent Review

Risk-based, customized and comprehensive, our reviews are a fundamental component of an effective BSA/AML compliance program. Whether core or expanded audit procedures are performed; from training, Office of Foreign Asset Control (OFAC) and Customer Identification programs (CIP) to customer monitoring, Enhanced Due Diligence (EDD), transactional testing, or international trade activities; we’ve got you covered. We know our clients, and regulators’ expectations, and our audits closely follow the Federal Financial Institutions Examination Council (FFIEC) BSA/AML Manual – achieving your objectives and satisfying their requirements.

Model Validation

We help clients avoid the trap into which many institutions fall – not ensuring their software system is accurately capturing and analyzing BSA/AML data. Your critical activities – transaction monitoring, account profiling, customer risk rating, Currency Transaction (CTR) and Suspicious Activity (SAR) reporting – can all be adversely impacted; it’s a major risk.

With our comprehensive knowledge of the systems and platforms utilized in the industry, we’ll perform effective software validation, model calibration and optimization, or help you with new systems. You avoid the noise and achieve optimal output and efficiencies, as we support you all the way.

Transactional Look-Back / Regulatory Remediation

In the banking industry today, it’s all about knowing your customer (KYC), and effectively evaluating and reporting activities and data, particularly the suspicious. If the day comes that a regulator asks you to perform a review of prior transactions, you want to foresee any red flags. Our team works collaboratively with you – identifying a risk-based approach and documenting relevant patterns and ownership trends, while providing hands-on support and individualized service – to ensure your institution successfully completes the mission and maintains compliance.

General / Program Consulting

When it comes to BSA and AML consulting, our thought leaders and advisors are here to help. We’re ready to step in as your BSA Manager and protect your institution from regulatory criticism. Our team of experts provide high level support in helping to update programs, implement remediation and provide staffing assessments and augmentation. Let us help you review your Marijuana Related Business (MRB) program to avoid regulatory criticism – our team can assist you with creating, implementing and enhancing your BSA program, perform risk assessments, and update policies and procedures to help limit your institution’s risk exposure.


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