After the September 11th, 2001, attacks on the United States, the 91st US Congress enacted the Bank Secrecy Act (BSA) which assists financial institutions and local, state, and federal law enforcement detect, investigate, and combat money laundering and terrorist financing. This course is designed to enhance your knowledge of the Anti-Money Laundering (AML) and Counter Financing of Terrorism (CFT) industry.
New or transitioning industry professionals – if you are new to, or you are attempting to transition to the profession, this course will provide you with a strong foundational base in industry knowledge that you can build upon as your skills develop.
Seasoned professionals currently working in the industry – if you are a seasoned professional that is already working in the industry, this will be a great back to basics course that will potentially even cover topics that you may have not received in your career development and training thus far.
Financial crimes program managers – if you are an AML program manager, director, or a BSA Officer, the course is a perfect option for providing your entire team with comprehensive AML training.
Modules covered in this training:
Modules covered in this training:
Duration 16:20
A holistic overview of criminology from the mindset of a fraudster, cybercriminal, and/or money launderer.
Duration 32:05
Understanding the difference and importance between critical and analytical thinking to give practical based application to financial crimes investigations.
Duration 19:21
Throughout your career in the financial crimes industry, you will be tasked with making a variety of risk-based decisions. This module will provide you with a comprehensive understanding of risk categories as well as how to minimize risk to your organization.
Duration 25:21
An overview of acronym identification and financial crime specific terminology will be provided in this module.
Duration 1:05:25
A holistic overview of the detection, analyst, investigations, and reporting function within a financial institution will be discussed in this section.
Duration 15:26
The policies, standards, and rules of law that govern a Bank Secrecy Act (BSA) program will be reviewed in this module.
Part 1 - Duration 40:60
Part 2 - Duration 28:54
There are various Anti-Money Laundering (AML) specific typologies that you may encounter working in the financial crimes industry. In this module, we will review the most common typologies:
- Cash Structuring
- Trade-Based Money Laundering (TBML)
- Wildlife Trafficking
- Human Trafficking/Smuggling
- Rapid Movement of Funds
- Money Mules
- Know Your Customer (KYC) Reviews
- Shell Companies
- Unknown of Suspicious Source of Funds
- Counter Financing of Terrorism (CFT)
Duration 1:25