Certification

Certified Anti-Money Laundering Specialist (CAMS)

ACAMS

Median earnings
Cost
$2,095
Duration
Completion

The Certified Anti-Money Laundering Specialist (CAMS) Certification is the global standard of competency for AML expertise, recognized by institutions, regulators, and the broader financial services industry. CAMS empowers professionals to combat financial crime while advancing their careers.

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Skills taught

Describe how money laundering works in a financial crime contextIdentify money laundering risks across banking segmentsExplain risks associated with non-bank financial services productsKnowledge of how non-financial services can be exploited for financial crimeKnowledge of AML risk exposure in banking and financial servicesKnowledge of money laundering risks in DNFBPs and high-risk business sectorsKnowledge of key international bodies that shape AFC guidance and global AML frameworksKnowledge of major AFC regulations and their impact on organisational risk postureApply guidance from global authorities in cooperation with regulatory and enforcement agenciesKnowledge of AFC regulations and enforcement regimes across multiple jurisdictionsKnowledge of components and responsibilities of an AML risk management programmeConduct enterprise-wide risk assessments to shape control frameworksApply AML controls across the customer lifecycle from onboarding to offboardingManage transaction monitoring alerts through to investigation conclusionFile SARs and liaise with law enforcement following investigationsDescribe key technologies used to detect and prevent financial crimeExplain how technology supports customer onboarding and due diligenceIdentify privacy, data, and regulatory considerations when implementing AFC solutionsKnowledge of RegTech tools used for ongoing monitoring and investigations
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