ACAMS Certification - Anti Money Laundering Course

Anti-Money Laundering (AML) Course encompasses a set of rules, processes, and technologies designed to prevent money laundering. This course is recognised by ACAMS - Association of Certified Anti Money Laundering Specialists. These systems find application in governmental frameworks and major financial institutions to track potential fraudulent activities. Enrolling in this course deepens your understanding of money laundering mechanisms and identification of risks. It also helps you shield your organization from associated threats.

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  • 40 Hours Training
  • Online / Classroom / Onsite
  • 20 Jul, 2024 / 27 Jul, 2024
  • Additional Program Dates
  • 100K+ Happy Students

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What is This ACAMS Certification Course All About?

Anti Money Laundering Course consists of policies, laws, and regulations created to detect the financial crimes of criminals. Across the globe, both global and local regulators are taught to pinpoint financial crimes, forming comprehensive policies to achieve this objective.

Why is This ACAMS Certification Course Important?

Anti Money Laundering Course ensures that employees are equipped to recognize suspicious transactions and find out evidence of money laundering. They will gain proficiency in the accurate customer verification process, understand the risks involved, and respond based on it.

How Can an ACAMS Certification Help You Get Hired by Top Companies?

Anti Money Laundering Course helps employees to understand the money laundering concepts and the necessary measures to tackle it. They gain insights into the functioning of international, national, and corporate AML compliance strategies. This equips the organization and its staff to contribute more effectively to preventing financial crimes.

Industry Trends

As financial institutions use cutting-edge technology like big data analytics, cloud computing, artificial intelligence, and machine learning to tackle financial crimes like money laundering. The Anti Money Laundering course is becoming more and more important. It will reduce terrorism financing and money laundering. 

Market trends

All around the world, there is a great demand for the anti-money laundering course. Considering that the market is anticipated to grow from its projected US$ 3.18 billion in 2023 to US$ 16.37 billion by 2033. The demand for the course is anticipated to increase at a noteworthy Compound Annual Growth Rate (CAGR) of 17.8% throughout the forecast period.

Salary Trends

The career outlook for individuals in the Anti Money Laundering Course, specifically for roles like anti-money laundering analysts, is at par with the overall job market. According to the Bureau of Labor Statistics, there is a projected 6% growth in the employment of financial analysts, including those in anti-money laundering roles, from now until 2028. 

These are some of the salaries earned by professionals in the MENA region. The list is as follows:

  • Dubai: AED 5,000 - AED 14,000 monthly
  • Saudi Arabia: SAR 117K yearly
  • Oman: OMR 2520

These figures showcase the lucrative opportunities and financial rewards that come after attaining the Anti Money Laundering Course. This makes it a valuable investment in one's career.

 

Demand & Opportunities

For those seeking a career path with growth, stability, and the chance to make a meaningful impact. The Anti Money Laundering Course is an ideal choice. Given the escalating pressures on financial institutions, there is a huge growth in demand for compliance professionals.

 

Some of the in-demand job roles are listed below:

  1. AML Analysts
  2. AML Compliance Officers
  3. AML Specialists
  4. Compliance Managers
  5. AML Policy Advisors

Course Outcome

Successful completion of the Anti Money Laundering Course will enable you to:

  • Acquire the expertise to define and distinguish between various types of financial crime risks.
  • Articulate the risk-based approach and comprehend its associated components.
  • Evaluate risks and adeptly report instances of money laundering.
  • Proactively handle regulatory expectations.
  • Develop skills in identifying the necessary components of risk management programs.

Course Module

  • Types of financial crime, including money laundering, terrorist financing, fraud, bribery and corruption, tax, and sanctions evasion
  • Risks from financial crime, including types of risk and categories of risk
  • The concept and practice of “risk-based approach”
  • The role of compliance and the three lines of defense
  • Risk-based escalation
  • Identifying and reporting suspicious activity
  • Record keeping
  • Offenses and penalties
  • Verification of identity: individuals and corporates
  • Risk management programs, including KYC, transaction monitoring, name screening, sanctions screening
  • Customer due diligence: Know Your Customer (KYC) and Customer Risk Assessment
  • Money Laundering and Terrorist Financing defined: the nature and scale of the problem
  • The stages of Money Laundering and CTF and where financial services firms could be vulnerable
  • FATF initiatives and UN Sanctions
  • The functions of the Money Laundering Reporting Officer (MLRO)
  • The risks associated with Politically Exposed Persons (PEPs) and Higher Risk Jurisdictions
  • Ongoing transaction monitoring and Customer Due Diligence (CDD)

Program Dates

20 Jul
  • 09:00 AM
  • Sat
  • Classroom
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27 Jul
  • 11:00 AM
  • Sat
  • Online Live
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Expert Instructors & Teaching Methods

Dr Srinivas is a leading industry professional in the field of finance and accounting. He is an established corporate trainer with demonstrated experience in his field. He is the holder of some of the world’s most valued professional credentials such as CMA, CPA, PMP, CCA, CFE, etc. He has an extensive educational background as well in finance which establishes his mettle in designing, developing and delivering excellent training programs. His training records mark exceptional results in guiding and teaching professionals of all experience levels and from diversified backgrounds. He integrates his excellent presentation skills with the knowledge of educational theories and methodologies to provide onsite and virtual training that is of unparalleled quality. His high community services contribution also ascertains his commitment to training potential aspirants to become tomorrow’s professionals.

Education

  • ⦾ Ph.D. in Management, 2018 (Provisional yet to be received) OPJS University, India
  • ⦾ M.Sc. in Applied Psychology 2016, Bhartiyar University, India
  • ⦾ MBA in Finance 2012, Nagarjuna University, India
  • ⦾ LLB 1998, Osmania University, India
  • ⦾ M.Com 1994, Osmania University, India
  • ⦾ B. Com 1990, Osmania University, India

 

Professional Qualifications

 

  • ⦾ Certified Public Accountant, (CPA), The American Institute of Certified Public Accountants, U.S.A
  • ⦾ Certified Management Accountant, (CMA), The Institute of Management Accountants, USA
  • ⦾ Certified Fraud Examiner, (CFE), Association of Fraud Examiners, USA
  • ⦾ Certified Cost Accountant (ICWA-Inter), The Institute of Cost and Works Accountants of India, India
  • ⦾ Project Management Professional (PMP), Project Management Institute

Dr. Srinivas, PhD, MSc, MBA, LLB, CMA, CPA, PMP

Why Count on Learners Point?

Being the leading provider of Anti Money Laundering Course, at Learners Point we help professionals master the necessary skill sets to successfully complete the ACAMS Certification.

Following are the USPs our Anti Money Laundering course offers you:

  • We look at real-world scenarios organizations face and formulate our Anti Money Laundering course evaluating practical requirements
  • Apart from theoretical knowledge, our training also focuses on practical case studies to give you a reality check and insight into what exactly will be asked of you while delivering in a demanding role
  • Our bespoke Anti Money Laundering course also equips you with hands-on experience by offering assignments related to the actual work environment
  • Apart from organizing group sessions, we also offer a guided learning experience to enhance the quality of our ACAMS Certification
  • We also take a discrete approach to career guidance so that one can be successfully placed as a professional

Learners Experience

"The career guidance and discreet approach at Learners Point were instrumental. After completing the Anti Money Laundering Course, I not only earned my ACAMS Certification but also secured a fulfilling role in AML compliance."

Zaman Fakir

AML Policy Advisor

"The Anti Money Laundering Course at Learners Point opened my eyes to the intricate world of financial crimes. The guidance provided in real-world situations has made me more adept at recognizing and preventing money laundering."

Rakima Sheikh

Compliance Manager

"The hands-on experience and case studies in the Anti Money Laundering Course at Learners Point gave me a practical understanding of the industry. It's more than just theory – it's about effectively applying what you learn."

Shaiful Islam

AML Specialist

"The ACAMS Certification prep in the Anti Money Laundering Course was rigorous but immensely valuable. It's a comprehensive program that not only enhances your knowledge but also prepares you for the dynamic world of compliance."

Shefali Khan

Compliance Officer

"Completing the Anti Money Laundering Course was a game-changer for me. The practical approach and real-world scenarios provided a solid foundation. I now feel confident in identifying and addressing financial crimes."

Taumar Shah

AML Analyst

Our Graduates

Our graduates are from big companies, small, companies, they are founders, career changers and life long learners. Join us and meet your tribe!

FAQs on Anti Money Laundering Course

The eligibility requirements for the Anti Money Laundering Course are as follows: 1) An active ACAMS membership. 2) Educational qualifications with a credit allocation of 10 for Associates, 20 for Bachelors, 30 for Masters, and 40 for JD or PhD. 3) Work experience, where each year contributes 10 credits. Training in financial-crime-related areas, with a credit earned for every hour of training.

The passing score is 75 out of 120, to receive ACAMS Certification.

The exam pattern of the Anti Money Laundering Course is multiple-choice and multiple-select questions.

Candidates can opt to reappear for the exam after waiting for 30 days following the first try, 60 days after the second attempt, and 90 days after the third and subsequent attempts.

The accreditation body of the Anti Money Laundering Course is the Association of Certified Anti-Money Laundering Specialists (ACAMS).

The Anti Money Laundering Course Examination consists of 120 questions.

The exam duration of the Anti Money Laundering Course is 3.5 hours.

The validity of ACAMS Certification is 3 years.

Yes, there is an extra fee you need to pay for retaking the ACAMS Certification exam. The examination reattempt fee is $299 for private-sector members and $199 for public-sector members.

Yes, the professionals will learn about Financial Action Task Force (FATF) guidelines in Anti-Money Laundering training. Its ultimate goal is to prevent terrorist financing. Some of the key components that are covered in the course are as follows: 1)Risk Assessment 2)Legal Framework and Regulatory Measures 3)Customer Due Diligence (CDD) 4)Record Keeping and Reporting 5)International Cooperation

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