Description
Overview: Compliance Risk Management and AML Training
This Compliance Risk Management and AML Training is a combination of compliance management and Anti Money Laundering which is designed for those who are working or aspiring a career in the financial industry and wants to develop the fundamental skills needed to identify and manage regulatory risk in their organisation.
This course is designed by industry experts to take you through key topics such as how to implement an efficient Compliance Management System, ethics and compliance, risk types and classifications. It will also teach how to design a solid risk management strategy. Along with these, the course covers the fundamental aspects of Anti Money Laundering, such as Proceeds of Crime Act 2002 and the development of anti-money laundering regulation.
In this course, you’ll learn about risk-based approach customer due diligence and identification of suspicious conduct and transactions. Also, you’ll understand the responsibilities of the money laundering reporting officer.
By the end of this comprehensive course, you’ll have an excellent understanding of money laundering and the core compliance issues, as well as how to promote a positive compliance culture for your organisation. The accredited certification will give you a head start to get into the competitive job market.
Accredited by CPD
Instant e-certificate and hard copy dispatch by next working day
Fully online, interactive course with audio voiceover
Developed by qualified professionals
Self-paced learning and laptop, tablet, smartphone-friendly
24/7 Learning Assistance
Discounts on bulk purchases
Who should take the Compliance Risk Management and AML Training course
This course is ideal for anyone who wants to start or boost his career in this field, which includes:
Compliance Officers
Risk & Compliance Managers
Heads of Compliance & Risk
Compliance Risk Reporting Managers
Bankers
Accountants
Money Laundering Reporting Officers
Certification
Once you’ve successfully completed your course, you will immediately be sent a digital certificate. Also, you can have your printed certificate delivered by post (shipping cost £3.99). Our certifications have no expiry dates, although we do recommend that you renew them every 12 months.
Learning Outcomes
By the end of the Compliance Risk Management and AML Training course, learners will be able to:
Discuss the role & responsibilities of the compliance department in detail.
Identify the five basic elements of compliance, auditing and development.
Implement and monitor a Compliance Management System in the workplace.
Understand the fundamentals of Anti Money Laundering.
Understand and identify different types of risk.
Understand the Proceeds of Crime Act 2002 and Anti-Money Laundering Regulation
Identify and deter suspicious conduct and transactions.
Understand the responsibilities of the Money Laundering Reporting Officer.
Assessment
At the end of the course, there will be an online assessment, which you will need to pass to complete the course. Answers are marked instantly and automatically, allowing you to know straight away whether you have passed. If you haven’t, there’s no limit on the number of times you can take the final exam. All this is included in the one-time fee you paid for the course itself.
Accreditation
All of our courses are fully accredited. The content of the Compliance Risk Management and AML Training course is certified by the CPD Certification Service as conforming to the continuous professional development principles. This course provides you with up-to-date skills and knowledge and helps you to become more competent and effective in your chosen field.
Curriculum
Module 01: Introduction to Compliance
Module 02: Five basic elements of compliance
Module 03: Compliance Management System (CMS)
Module 04: Introduction to Money Laundering
Module 05: Risk and Types of Risk
Module 06: Proceeds of Crime Act 2002
Module 07: Development of Anti-Money Laundering Regulation
Module 08: Responsibility of the Money Laundering Reporting Officer
Module 09: Risk-based Approach
Module 10: Customer Due Diligence
Module 11: Suspicious Conduct and Transactions
Module 12: Risk Management Process
