AML Case Investigation Skills

Overview

This course is designed to provide candidates with a thorough knowledge of the practical aspects to being an AML investigator in Transaction Monitoring. The aim of this course is to enable candidates to confidently answer questions at a job interview for a position in the field, including the all-important question of "Why should you be hired for a job in the AML field with no prior experience in the industry?"

Syllabus

• Introduction to AML (Anti-Money Laundering)
Overview of AML Regulations and Compliance
Importance of AML in Financial Institutions
• The Role of an AML Investigator
Key Responsibilities and Daily Tasks
Skills and Qualities Required
• Understanding Money Laundering
The Money Laundering Process
Common Indicators and Red Flags
• Transaction Monitoring Systems
Introduction to Transaction Monitoring
How Systems Detect Suspicious Activity
• Conducting an AML Investigation
Gathering and Analyzing Data
Developing a Case Hypothesis
• Investigative Techniques
Interview Techniques and Questioning Strategies
Report Writing and Documentation
• Case Studies and Real-life Scenarios
Analysis of Typical AML Cases
Common Challenges in AML Investigations
• Communicating Findings
Preparing Reports for Internal Use
Communication with Law Enforcement and Regulators
• Building a Career in AML
Responding to Interview Questions for AML Roles
Career Paths and Advancement Opportunities
• Conclusion and Final Assessment
Review of Course Objectives
Practical Exam or Interview Simulation

Taught by

Amal Jayasinghe

Subjects

Business