This matrix outlines the compliance training required for Loan Officers, grouped by Topic and separated into Must Know and Nice to Know categories.
Anti-Money Laundering (AML)
Training Priority | Step Titles |
Must Know |
Bank Secrecy Act (BSA)
Training Priority | Step Titles |
Must Know | |
Nice to Know |
Office of Foreign Assets Control (OFAC)
Training Priority | Step Titles |
Must Know |
Office of Foreign Assets Control (OFAC): Identifying Red Flags ~28 mins
Office of Foreign Assets Control (OFAC): Overview 101 ~18 mins Resource: OFAC Resource: Specially Designated Nationals and Responsibilities and Obligations Mastery Test: OFAC: Overview 101 |
Nice to Know |
Office of Foreign Assets Control (OFAC): Overview 102 ~12 mins Mastery Test: OFAC: Overview 102 |
Fair Lending
Training Priority | Step Titles |
Must Know |
Fair Lending Overview and Discrimination Definitions ~22 mins Fair Lending Overview Resource: Fair Lending Discrimination Definitions
Establishing a Fair Lending Program ~20 mins Resource: Establishing a Fair Lending Program |
Nice to Know |
Predatory Lending and Redlining ~18 mins |
Gramm-Leach-Bliley Act (GLBA) / Consumer Privacy
Training Priority | Step Titles |
Must Know |
Gramm-Leach-Bliley Act (GLBA) / Consumer Privacy 101 ~20 mins Privacy Overview Mastery Test: Privacy: GLBA, CCPA and Consumer Privacy |
Deposit Compliance (Reg D, Reg DD, Reg CC, Reg E)
Training Priority | Step Titles |
Must Know |
Deposit Compliance, Regulation D, and Regulation DD 101 ~10 mins Resource: Overview of Regulations and Deposit Compliance Requirements Mastery Test: Deposit Compliance Overview, Regulation D, and Regulation DD
Regulation CC: Availability of Funds and Collection of Checks Act ~10 mins Resource: Regulation CC: Availability of Funds and Collection of Checks Mastery Test: Regulation CC: Availability of Funds and Collection of Checks
Regulation E: Electronic Fund Transfers and Garnishment Rule ~22 mins |
Nice to Know |
Deposit Compliance, Regulation D, and Regulation DD 101 ~20 mins Mastery Test: Deposit Compliance Overview, Regulation D, and Regulation DD
Regulation CC: Availability of Funds and Collection of Checks Act ~14 mins Resource: Regulation CC: Availability of Funds Mastery Test: Availability of Funds and Collection of Checks Act |
Cybersecurity
Training Priority | Step Titles |
Must Know |
Cybersecurity: Computer Security Basics 101 ~15 mins Resource: Cybersecurity Mastery Test: Cybersecurity |
U.S. Regulators
Training Priority | Step Titles |
Must Know |
U.S. Regulators 101 ~14 mins Mastery Test: U.S. Regulators 101 |
Code of Ethics
Training Priority | Step Titles |
Must Know | |
Nice to Know | (none — all included above are directly applicable to Loan Officers) |
Conflicts of Interest (subtopic of Code of Ethics)
Training Priority | Step Titles |
Must Know |