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Loan Officer Compliance Training Matrix (by Topic)

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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	Anti-Money Laundering (AML) 101 ~22 mins Resource: What is Anti-Money Laundering AML Defined AML Rules and Regulations Resource: The Three Stages of Money Laundering Stage 1: Placement Stage 2: Layering Stage 3: Integration Mastery Test: AML

Bank Secrecy Act (BSA)

Training Priority	Step Titles
Must Know	The Essentials of the Bank Secrecy Act 101 ~15 mins Resource: Currency Transaction Report The Ins and Outs of Currency Transaction Reporting Resource: Suspicious Activity Report The Ins and Outs of Suspicious Activity Reporting Mastery Test: Bank Secrecy Act 102
Nice to Know	The Essentials of the Bank Secrecy Act 102 ~18 mins Resource: Foreign Bank Account Report FBAR: What Needs and Doesn't Need to Be Reported Resource: Other Reports Other Reporting Requirements Resource: Background and History of the BSA Background of the BSA FinCEN's Scope and Mission

Office of Foreign Assets Control (OFAC)

Training Priority	Step Titles
Must Know	Office of Foreign Assets Control (OFAC): Identifying Red Flags ~28 mins Resource: Identifying Red Flags and Transactions Identifying Red Flags Red Flags: Transactions 1 Red Flags: Transactions 2 Resource: Other Transactions and Customer Accounts Red Flags: Other Transactions Red Flags: Customer Accounts Red Flags: Nature of Business, Origination of Funds, and Clients Mastery Test: Identifying Red Flags Office of Foreign Assets Control (OFAC): Overview 101 ~18 mins Resource: OFAC Overview of OFAC Resource: Specially Designated Nationals and Responsibilities and Obligations Specially Designated Nationals (SDNs) Responsibilities and Obligations Mastery Test: OFAC: Overview 101
Nice to Know	Office of Foreign Assets Control (OFAC): Overview 102 ~12 mins Resource: OFAC Authority The Ins and Outs of OFAC's Authority OFAC's Settlement With Standard Chartered Bank Mastery Test: OFAC: Overview 102

Fair Lending

Training Priority	Step Titles
Must Know	Resource: Fair Lending Overview Illegal Discrimination Overt Discrimination Disparate Illegal Discrimination Disparate Impact Discrimination Factors Lenders May Consider Fair Lending Program Requirements Preventing the Occurrence of Fair Lending Violations Fair Lending Risk Factors Fostering Fair Lending with Customers Mastery Test: Fair Lending Overview and Discrimination Definitions Mastery Test: Establishing a Fair Lending Program
Nice to Know	Resource: Establishing a Fair Lending Program Resource: Predatory Lending and Redlining What is Predatory Lending How Predatory Lending Works What is Redlining How Redlining Works Mastery Test: Predatory Lending and Redlining

Gramm-Leach-Bliley Act (GLBA) / Consumer Privacy

Training Priority	Step Titles
Must Know	Resource: GLBA, CCPA and Consumer Privacy Privacy Overview Key Privacy Regulations Implementing Privacy Best Practices Challenges in Privacy Management
Nice to Know	Historical Context of Privacy Regulations 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 Overview Overview of Relevant Regulations Resource: Regulation D ResourceL Regulation DD Regulation CC: Scope and Purpose Regulation CC: Requirements for Financial Institutions Regulation E: Scope and Purpose Garnishment Rule: Part 1 Garnishment Rule: Part 2
Nice to Know	Resource: Overview of Regulations and Deposit Compliance Requirements Regulation D: Scope and Implementation Regulation D: Covered Deposits and Liabilities Regulation D: Reserve Requirements Regulation DD: Scope and Purpose Regulation DD: Truth in Savings Act (TISA) Regulation CC: Next-Day Availability Deposits Resource: Collection of Checks Check 21 Resource: Garnishment Rule Regulation E: Covered EFT Types Mastery Test: Deposit Compliance, Regulation D, and Regulation DD Mastery Test: Regulation CC: Availability of Funds and Collection of Checks Act Mastery Test: Regulation E and Garnishment Rule

Cybersecurity

Training Priority	Step Titles
Must Know	Cybersecurity Overview Key Cybersecurity Regulations The Evolution of Cybersecurity in Financial Institutions Implementing Cybersecurity Best Practices Challenges in Cybersecurity Management
Nice to Know	Cybersecurity Case Studies Mastery Test: Cybersecurity

U.S. Regulators

Training Priority	Step Titles
Must Know	Resource: FinCEN FinCEN's Scope and Mission

Code of Ethics

Training Priority	Step Titles
Must Know	Resource: Introduction and Core Principles Code of Ethics: Overview Core Principles of a Code of Ethics Resource: Importance, Regulations and Ethical Compliance, and Ethical Challenges Why A Code of Ethics is Important Regulations and Ethical Compliance Ethical Challenges Mastery Step: Code of Ethics
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

Resource: Overview and Types of Conflicts of Interest
Overview: Conflicts of Interest
Types of Conflicts of Interest
Resource: Regulatory Framework, Impacts, and Best Practices for Managing Conflicts of Interest
Regulatory Framework for Managing Conflicts of Interest
Impact of Conflicts of Interest on Financial Institutions
Best Practices for Managing Conflicts of Interest
Mastery Step: Conflicts of Interest

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