EDUCATIONAL & INDIVIDUAL TRAINING
Comprehensive Anti-Money Laundering Training for Institutions and Professionals
Did you know a 2019 study found that people who gained hands-on training were more productive and successful than those who solely focused on traditional experience.
The Best Way To Learn
Traditional education often falls short due to its broad curriculums, rigid schedules, lengthy commitments, and high costs. At Compliance Prep, we offer a flexible, practical, and affordable AML training option. Our hands-on approach equips students with the real-world skills needed to excel in their careers, without the drawbacks of traditional education.
16+
YEARS
With over 16 years of experience in conducting AML investigations for banks in the U.S., Dubai, and Hong Kong, we bring a wealth of expertise to our training programs. This extensive background allows us to offer insights and practical knowledge that are crucial for success in the AML field.
70+
LESSONS
Our curriculum emphasizes hands-on training through interactive exercises and real-world scenarios. Students engage in activities such as drafting Suspicious Activity Reports (SARs) and conducting transaction monitoring, which provide valuable writing samples and experience.
13+
INSTITUTIONS
Our graduates have successfully secured positions at over 13 prominent financial institutions, demonstrating the effectiveness of our training. This track record of success underscores our commitment to delivering education that translates into real-world job opportunities, helping students launch and advance their careers in AML.
100%
PRACTICAL FOCUS
Our training is designed to be entirely practical, ensuring that students gain real-world skills that can be immediately applied in their careers. By focusing on actual AML tasks and scenarios, we prepare students to effectively handle the challenges they will face in the field, making them highly valuable to employers.
Introduction to Anti-Money Laundering
Dive into "Intro to AML," covering key stages of money laundering: Placement, Layering, and Integration. Learn the tactics used to introduce, disguise, and reintegrate illicit funds into the economy through concise, real-world examples.
Currency Transaction Reports
Get an in-depth understanding of CTR requirements. Learn through lessons on CTR Overview, identifying exemptions, and the handling of monetary instruments, equipping you with the knowledge to manage large currency transactions effectively.
Transaction Monitoring
This module equips you with the skills to detect and analyze suspicious activities through an in-depth exploration of various red flags. It culminates in a practical test where students review actual transactions to identify and appropriately apply these red flags, reinforcing the application of theory in real-world scenarios.
Curriculum
Traditional education often falls short for many aspiring professionals due to its broad curriculums. At Compliance Prep, we understand these challenges and are dedicated to providing a flexible and practical option for AML training. Our hands-on, targeted approach equips students with the real-world skills they need to excel in their careers without the drawbacks of traditional education.
Client Identification Program
This module focuses on essential aspects of customer verification. Learn the necessary customer information, non-documentary verification methods, the implications of verification failures, and the recordkeeping requirements critical for compliance.
Know Your Customer (KYC)
This module is a cornerstone of our certification, focusing on thorough KYC practices for diverse entities such as individuals, corporations, hedge funds, trusts, and investment advisers. It offers detailed lessons on conducting KYC procedures for each entity type, accompanied by sample KYC investigations and practical assignments for students to conduct their own investigations,
Suspicious Activity Reports (SAR)
The "Suspicious Activity Reports" module trains you in identifying unusual transactions and the critical skills needed to draft SARs effectively. This comprehensive lesson includes a practical exercise where students must investigate a scenario and draft their own SAR, providing a real-world application of their learning and testing their ability to document suspicious activities accurately.
Boolean Searching
Delve into "Boolean Searching," a module that teaches the fundamentals and advanced techniques of Boolean logic in search queries. This course covers specific strategies for searching individuals, including women and people with common names, as well as companies, enhancing precision in data retrieval
Information Sharing
Learn the specifics of Sections 314(a) and 314(b) of the USA PATRIOT Act. It covers essential practices for lawful sharing of information between financial institutions to enhance the detection and reporting of potential money laundering or terrorist financing activities.
Interview Prep
This module equips students with essential skills to excel in job interviews and create standout resumes tailored for AML roles. Students will learn how to effectively highlight their knowledge and experience, including practical writing samples like Suspicious Activity Reports (SARs) and case investigation summaries. Students will learn interview techniques, common questions, and tips for confidently presenting oneself, ensuring students are fully prepared to secure their desired positions in the AML field.
Proven Success
Our Students Have Landed Jobs At:
“I just want to tell you that I got an offer from Standard Chartered Bank. I’ll let you know how it goes.”
“The course is the only comprehensive training course on the market that will help you transition to the Compliance field”
“Just wanted to let you know I got the AMEX EDD role. Just wanted to say thanks again for all your help. I will look into your website and write a great review of appreciation.”
“I’ve got the JOB!”
SUCCESS STORIES
“Let me tell you something. If I had to study only for CAMS, I could not have done well on the writing sample. I watched all your videos, took notes, reviewed these notes and was able to spot the issues with the short essay that they gave me during the first interview.”
“I’ve been doing KYC now, I still see some of the people I used to work with. I talk to them, and when they seem to be on the fence, I tell them were I’m working now and how much I’m making and they look at me as a testament to the efficacy fo the program.”
“I’m happy to announce that I got a job! A KYC Analyst position with Bank of Montreal in their Times Square office. I’m glad to have changed careers and grateful that this course worked out. It took three weeks after I got my resume back, to land a job. I start next week.”
“I wanted to give you an update on my job search... I know it’s been a while. I landed a KYC contract role with J.P. Morgan that I start this Monday. I truly believe the course experience was the icing on the cake that landed me the job. Next step is to apply what I learned, gain more experience and land a perm position.”