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FIBA Anti Money Laundering Certified Associate
(AML/CA)

A Certification course for the Intermediate level AML/BSA Compliance Officer

   

Overview
The Anti Money Laundering Certified Associate (AML/CA) shows that the compliance officer has demonstrated a broad  understanding of the AML body of knowledge and has accepted the challenge to stay informed of new developments in the AML field.

The certification is a prestigious, internationally recognized credential. The training will review the knowledge and skills necessary to carry out the responsibilities of an AML Compliance Officer.

Highlights
This certification is designed to focus on the daily responsibilities of the AML/BSA compliance officer in a financial institution.  The certification gives a broad and comprehensive overview of the AML compliance function in a financial institution. This program does more than prepare you to sit for the exam. It helps you become a better contributor to your organization by expanding your knowledge and sharpening your AML knowledge and problem-solving skills.  

  • Application of AML laws, regulations
  • International & higher risk transactions
  • Understanding and risk rating at financial institutions
  • Customer Due Diligence & Enhanced Due Diligence
  • Conducting internal investigations
  • Self-monitoring AML compliance systems
  • Monitoring transactions
  • Preparing for exams & audits
  • Monitoring, identification, & reporting of suspicious activity
  • Dealing with regulatory/law enforcement requests & sanctions
  • The BSA/AML FFIEC Manual in practice

 Who Should Attend?

  • AML compliance officers
  • AML analysts
  • Risk managers
  • AML consultants
  • Chartered Accountants
  • Lawyers
  • Auditors
  • People who are new to AML compliance
  • Experienced AML officers who need to expand their knowledge base in order to advance in their institutions
  • General Managers who want a more comprehensive understanding of AML expectations and
    requirements

Eligibility Requirements / Advanced Preparation
Participants should be in the banking industry or other closely related professions.  Attendees are expected to complete a comprehensive pre-class reading list that will supplement the successful passing of the exam leading to the certification.  Reading list includes the most recent version of the FFIEC manual, FinCEN and FATF advisories, and additional information regarding regulations, etc. 
Suggested reading time:  10-15 hours

Certification Exam
The online certification exam shows that the participant has acquired the aspects and fundamentals of AML compliance in a financial institution.  The exam consists of 100 comprehensive questions that must be completed within 1 hour and 45 minutes.  Attendees passing the exam will receive the prestigious Anti Money Laundering Certified Associate (AML/CA) and be awarded the (AML/CA) designation. 

Continuing AML Education Requirements
To maintain the certification in active status, attendees are required to participate in 10 hours of annual continuing AML education.  Continuing AML education credits may be obtained through a variety of programs, such as the FIBA Anti Money Laundering Conference, select FIBA events, other approved Anti Money Laundering training programs, or through in-house AML training at your institution.  Please visit www.fibatraining.net for additional information.

Format / Language
Offered fully online, classroom style, and as an in-house program at financial institutions worldwide.  Training is offered in both English and Spanish.

  • Fully Online Format
    The online certification program gives participants the flexibility to "work at your own pace".  Offered entirely over the internet, the course is designed for self-directed, self-motivated, independent study, allowing students to proceed at their own pace within a 12 week period.  Participants will have 12 weeks from the course start date to complete the reading materials, PowerPoint narratives, practice quizzes, and final examination.  The fully online format utilizes a unique discussion forum in which students will be answering case study questions and interacting with classmates and the instructor.  Exam extensions beyond course end date will incur a processing fee of $50 USD per 30 day period.
  • Classroom Format
    FIBA recommends to register at least 30 days prior to the training as participants will be required to complete a comprehensive pre-class reading list prior to attending a 2-day lecture.  After the 2-day lecture, practice quiz and exam login information will be emailed.  Participants will have 90 days to complete the practice quizzes and certification exam.  Exam extensions beyond 90 days will incur a processing fee of $50 USD per 30 day period.  Coffee and lunch are included in classroom training.
  • In-House Format
    FIBA can certify the entire staff at financial institutions.  This is an investment in the institution which will prevent significant problems and additional expenses in the future.  Please contact FIBA to request information on group discounts.    

Registration (when registering please complete all the fields on the Registration Page)

Fee    Members $945    Non-Members $1145
Includes pre-reading material emailed to each participant, certification lecture, online certification exam through Florida International University, ongoing customer service, before and after the course and delivery of the official certification after successful completion of the certification exam.


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