Building an AFC Compliance Program
Building a Strong Foundation in AFC Compliance
Gain the practical knowledge and skills to build, implement, and manage an effective anti-financial crime (AFC) program. This course explores the critical components of an AFC/AML compliance framework – from risk assessment and transaction monitoring to customer due diligence and the investigative process, including engagement with law enforcement. It’s ideal for mid-level professionals responsible for compliance and risk management.
Building an AFC Compliance Program Course Content
This course is designed for professionals seeking to deepen their expertise in anti-financial crime compliance through focused, specialized training. It’s ideal for those in mid-level roles across banking, FinTech, non-bank financial institutions, consulting, legal, and corporate sectors who are looking to strengthen their practical skills to build and manage a risk-based AFC/AML compliance program.
You’ll learn to
- Understand the key components of an effective AFC risk management programme and the responsibilities associated with each element
- Explore different types of risk assessments, including how Enterprise-Wide Risk Assessments (EWRAs) shape control frameworks
- Follow the full customer lifecycle – from onboarding and screening through to transaction monitoring, periodic reviews, and offboarding – with compliance touchpoints highlighted throughout
- Learn how transaction monitoring systems generate alerts, how investigations progress, and how cases are concluded, including filing SARs, liaising with law enforcement, and applying best practices
Key course topics
- Components and responsibilities of an AML risk management program
- Types of risk assessments and their impact on controls
- Designing and implementing AML/CFT programs and controls
- Transaction monitoring and the investigation process
- Concluding investigations and engaging with law enforcement
Intended audience
- MLRO
- BSA Officer
- Compliance Officer
- Head of Compliance
- KYC Analyst
- Internal Auditor
- Onboarding Specialist
- Risk and Controls Analyst
- AFC Operations Support
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
CAMS starts here
"Building an AFC Compliance Program" 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
This course is designed for mid-level compliance professionals working in AFC. While there is no prerequisite for the course, learners are expected to have prior knowledge of the risks and methods related to financial crime, as well as the regulatory expectations related to financial crime prevention.
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 Building an AFC Compliance Program 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 – like 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.
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- 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