Online Anti-Money Laundering (AML) Course
Welcome to our Anti Money Laundering (AML) course—a thrilling journey into the world of financial security and compliance!
Designed for professionals in finance, real estate, insurance, and more, this course equips you to combat financial crime. We’ll explore the fundamentals of money laundering, from methods and stages used by criminals to the devastating impact it has on businesses and society. Learn to identify suspicious activity, understand terrorist financing, and implement effective AML policies like Know Your Customer (KYC) and Customer Due Diligence (CDD). Become an AML champion and safeguard the financial system!
Anti-Money Laundering (AML) Course Highlights
This comprehensive Anti-Money Laundering (AML) course covers essential topics such as the three stages of money laundering, the differences between money laundering and terrorist financing, and the use of cryptocurrencies in financial crime. Additionally, it provides in-depth knowledge on AML/CTF regulations in the US and EU, and the development of effective AML/CTF compliance programs. Students can pursue careers as AML Specialists, with an average salary of $59,408 per year.
- Instructor Led Trainings
- Learn Anytime Anywhere
- Life-time access to Course Material
- Live Sessions with Industry Experts
- Gain Industry Experience
- 24*7 Help & Support
- Certification of completion
- Hands On Experience
Anti-Money Laundering (AML) Course Learnings
Understand the three stages of money laundering.
Identify similarities and differences between ML and TF.
Explore money laundering methods using financial businesses.
Learn how blockchain technology and cryptocurrencies work.
Learn how to introduce and handle Suspicious Activity Reports.
Anti-Money Laundering (AML) Course Curriculum
Module 1: Money Laundering and Terrorist Financing Foundation
- What is money laundering?
- A brief history of money laundering
- The three stages of money laundering
- Consequences of Money Laundering
- What is Terrorist Financing?
- The Four Stages of Terrorist Financing
- Similarities and differences between ML and TF
Module 2: Money Laundering and Terrorist Financing in Practice
- Money Laundering using Financial Businesses
- Money Laundering using non-financial
- Businesses
- Trade-based Money Laundering
- Black Market Peso Exchange
- Examples of terrorist financing
Module 3: Money Laundering and Financial Crime using Cryptocurrencies
- What is a Blockchain and how does it work?
- What are Cryptocurrencies
- Why cryptocurrencies are interesting for criminals
- The five most relevant cryptocurrencies for criminals
- Cryptocurrency money laundering methods
Module 4: Selected AML/CTF Regulation
- Introduction to AML and CTF
- Emergence of international AML and CTF Regulation
- Relevant organizations and standard-setting bodies
- The most important AML and CTF regulation in the US
- The most important AML and CTF regulation in the EU
- Consequences of Non-Compliance
Module 5: AML/CTF Compliance Program
- Risk-Based Approach
- AML/CTF Compliance Program
- Step 1 – Organizational Environment
- Step 2 – AML/CTF Risk Assessment
- Step 3 – Organizational Measures
Module 6: Customer Due Diligence and Know Your Customer
- Customer Due Diligence (CDD) and Know Your
- Customer (KYC)
- Types of Customer Due Diligence
- Politically Exposed Persons (PEPs)
- AML/CTF Screenings and Monitoring
Module 7: Dealing with Suspicion and Filing Suspicious Activity Reports (SAR)
- Introducing Suspicious Activity Reports
- Sources for identifying suspicious activity
- Red Flags and atypical customer behavior
- Organizational considerations
- SAR decision-making process
- Determining suspicious activity
- SAR Timing
- Confidentiality of SARs and Tipping Off
- Documentation Requirements
Training And Package Fee
Training Fee
Designed to get you trained with the core knowledge.
$1,399.00
- Online Live Training
- Live Projects
- Resume Building
- LinkedIn Grooming
- Profile Marketing
- Mock Interview Sessions
- Certificate Assistance
Job Seeker's Program Fee
Designed to make you job ready with knowledge, experience, and grooming.
$1400.00 $1150.00
- Online Live Training
- Live Projects
- Resume Building
- LinkedIn Grooming
- Profile Marketing
- Mock Interview Sessions
- Certificate Assistance
One-On-One Training Course @ $1499
- Personal Instructor
- 24*7 Admin Support
- Personalized Study Plan
Anti-Money Laundering (AML) Course Outcomes
Understand the definition and history of money laundering.
Identify similarities and differences between ML and TF.
Examine examples of terrorist financing in real-world scenarios.
Study various cryptocurrency money laundering methods.
Identify sources for detecting suspicious customer activities.
What roles you can play?
AML Compliance Officer
Ensures compliance with AML regulations and laws. Monitors transactions and conducts thorough due diligence.
Financial Investigator
Investigates financial transactions to uncover illegal activities. Works with law enforcement to gather evidence.
Fraud Investigator
Investigates suspected cases of fraud and financial crime. Collects and analyzes evidence to support investigations.
Financial Crime Analyst
Analyzes financial data to detect and prevent financial crimes. Develops strategies to mitigate financial risks.
AML/KYC Analyst
Conducts AML and Know Your Customer (KYC) checks. Verifies customer identities and monitors transactions.
AML Consultant
Advises organizations on AML compliance and best practices. Conducts training and implements AML programs.
Know before you Start
What is the primary focus of the Anti-Money Laundering (AML) course?
The primary focus of the AML course is to provide comprehensive knowledge and understanding of various aspects related to money laundering, terrorist financing, and compliance with AML/CTF regulations.
Why is understanding money laundering and terrorist financing essential?
Understanding money laundering and terrorist financing is crucial in today’s financial landscape to combat financial crimes, protect the integrity of financial institutions, and prevent funding for illegal activities such as terrorism.
What job opportunities are available after completing the AML course?
After completing the AML course, you can apply for various job roles such as:
- AML Specialist
- Compliance Officer
- Financial Crime Investigator
- Risk Analyst
- Fraud Prevention Specialist
- KYC Analyst
- Investigative Analyst
- Regulatory Compliance Manager
- Anti-Bribery and Corruption Specialist
- Financial Intelligence Analyst
What is the current average salary of an AML expert?
The current average salary of an AML expert is $59,408 per year as of May 2024.
What is the future of anti-money laundering?
The global AML market is expected to reach USD 16.37 billion by 2033, growing at a CAGR of 17.8% during the forecast period 2023. This exponential growth indicates a rising demand for AML professionals worldwide, leading to numerous career opportunities across various sectors.
Skills You Will Gain
Money Laundering
Terrorist Financing
Financial Business
Cryptocurrencies
Blockchain
AML/CTF Regulation
Compliance Program
Know Your Customer (KYC)
AML/CTF Screenings
Suspicious Activity Reports (SAR)
SAR Timing
Documentation
Career Services
Job Assistance
Interview Preparation
Profile Building
Our Students Work at
FAQs
What is the payment procedure?
We accept all major credit and debit cards from leading banks. For any assistance, please contact Thinkcloudly Customer Support.
Would a Demo Session be available before I enroll?
Certainly, you can set up a free demo session, although if you’ve already viewed any sample recordings, you won’t need to look further. The enrollment process signifies a mutual commitment between you and us where you commit to be a good learner and we pledge to provide you with the best possible learning environment. A key part of your learning takes place in our sessions, which are supported by experienced instructors, dedicated Personal Learning Managers, and interactions with your peers. Get the full learning experience, and not just a demo.
When will I be able to access the Learning Content?
You will receive access to the LMS immediately after enrolling and will have it for the rest of your life. You will have access to all previous class recordings, PPTs, PDFs, and assignments. In addition, you will have instant access to our 24×7 support team. You can start learning as soon as possible.
I missed a class, what do I do?
At Thinkcloudly, you’ll never miss a lecture! You can view the recorded session in your LMS anytime also the missed session can be attended in another live batch.
Who are the intructors at Thinkcloudly ?
Teachers and tutors at Thinkcloudly are industry veterans with great experience.
What are the benefits of completing an AML course?
Completing an AML course equips individuals with the knowledge and skills needed to identify suspicious activities, comply with regulations, mitigate risks, and contribute to effective AML programs within their organizations.
