Understanding Risks and Methods of Financial Crime
Know the Risks. Understand the Methods. Strengthen Your Defenses.
Gain in-depth knowledge of money laundering methods and related financial crimes to better protect your organization. This course explores how criminal networks exploit financial and non-financial sectors, the risks associated with products and services in Banking, Non-Bank FIs, MSBs, PSPs, VASPs, DNFBPs, and other high-risk business sectors, as well as the methods used to conceal illicit activity. You'll develop the awareness needed to build stronger, risk-based compliance strategies.
Understanding Risks and Methods of Financial Crime Course Content
This understanding financial crime risks certificate course is designed for professionals who need to understand how financial crimes are committed – and learn how to recognize and mitigate the associated risks. It’s ideal for those in investigative, monitoring, or risk roles, or anyone seeking an in-depth understanding of the risks and methodologies linked to financial crime.
You’ll learn to
- Describe how money laundering works, and the crimes commonly linked to it
- Identify money laundering risks across different banking segments
- Explain the risks associated with non-bank financial services products
- Understand how non-financial services can be exploited for financial crime
Key course topics
- Introduction to money laundering and financial crime
- AML risk exposure in banking and financial services
- Risks in non-bank financial services (e.g., MSBs, PSPs, FinTech, or virtual assets)
- Money Laundering risks in DNFBPs and other high-risk business sectors
Intended audience
- AML Investigator
- Risk Analyst
- KYC Analyst
- Investigator
- AFC Analyst
- Internal Auditor
- Compliance Associate
Course structure
- Online and self-paced
- Five hours of coursework
- Complete within four weeks
- 20-question final assessment
- Immediate results and certificate of achievement upon completion
Want to go further?
Complement your training with sector-specific courses that explore real-world financial crime scenarios in a specific sector.
CAMS starts here
"Understanding Risks and Methods of Financial Crime" is one of the four core certificate courses that make up the enhanced CAMS Certification program.
By completing this course along with the three additional certificates listed below, candidates become eligible to sit for the CAMS exam and earn the globally recognized CAMS designation.
FAQs
While there are no prerequisites for taking this understanding financial crime risks certificate course, it is designed to support AFC professionals who are mid-level in their career. It will also benefit anyone in an organization who is interested in understanding AML risks and compliance practices across various sectors.
No, this certificate is a fully online, self-paced course. It does not include live instruction or interaction with other learners.
You have four weeks from the date you purchase the certificate to access the study materials and complete this Understanding Risks and Methods of Financial Crime certificate course. After four weeks, your access to the study materials will expire. The exact date your access will expire can be found on our LMS. Please contact us if you need to extend your access.
Yes, all ACAMS certificate courses are accessible on desktop, mobile, and most other devices.
An ACAMS certificate course is a short, self-paced online course focused on a specific topic within anti-financial crime (AFC). These courses are designed to be completed in about four weeks and include a 20-question final assessment. Upon completion, learners receive a certificate of achievement, demonstrating their understanding of the subject matter.
In contrast, an ACAMS certification program – such as the CAMS Certification – is a comprehensive, structured program that validates a professional’s knowledge and experience in a broader area of AFC. Certification programs typically require several months of study and preparation, culminating in a rigorous exam of approximately 120 multiple-choice questions. Upon passing, candidates earn a designation, which must be maintained through ongoing education and recertification every three years.
Pricing
- Access your self-paced online course
- 400 hours of training webinars live and on demand
- Practitioner toolkits and best practice guides
- Perspectives from 115,000+ global members
- Discounts on all ACAMS products