A Certification designed for the Beginner through Intermediate Level AML/BSA Compliance Officer
Overview
The FIBA - FIU Anti Money Laundering Certified Associate (AML/CA) program responds to the need in financial institutions to understand and apply the Anti Money Laundering laws and regulations. This program will help financial institutions to effectively implement “know your customer” policies, monitor transactions through their financial institution, and identify suspicious activity. This focus on practical application makes The FIBA AML Institute, in partnership with FIU, your best choice for AML learning.
Highlights
The FIBA - FIU Anti Money Laundering Certified Associate (AML/CA) is designed for AML compliance officers, BSA analysts, risk managers, AML consultants, people who are new to AML compliance, or experienced AML officers who need to expand their knowledge base in order to advance in their institutions. The FIBA - FIU Anti Money Laundering Certified Associate (AML/CA) certification is the foundation you need to build a robust AML compliance program. Upon completion of the program, participants will have an understanding of essential topics such as:
- Application of AML laws and regulations
- CDD, EDD, KYC
- AML compliance systems
- Transaction monitoring
- Elements of risk rating
- Identifying suspicious activity
- FFIEC Manual in practice and
- SARs
Pre Course Preparation
Participants must complete a comprehensive reading list and practice quizzes. It is recommended this be completed prior to attending the course. Keep in mind that participants will have up to 90 days after the course to complete the quizzes before the certification exam. Included is the most recent FFIEC manual, as well as selected FinCEN and FATF publications. Estimated preparation time: 15 hours minimum
On-Line Certification Exam
After completing the training, participants will have up to 90-days to complete the online comprehensive certification exam. Successfully passing the online certification exam demonstrates that the participant has acquired the basic knowledge and fundamentals of Anti Money Laundering compliance. Participants passing the exam with at least 75% will receive the prestigious FIBA - FIU Anti Money Laundering Certified Associate (AML/CA) designation.
Participant Eligibility
Participants should be in the banking industry or other closely related professions. All participants are expected to complete a comprehensive pre-course reading list and practice quizzes that will supplement the successful passing of the exam leading to the AML/CA certification.
