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Career Opportunities

Individuals who have obtained the CAMS designation may receive a range of benefits. They include furthering one's professional portfolio via demonstrating a better understanding of the detection and prevention techniques of financial crime, helping to protect their organization from money laundering threats, and lessening financial crime risks. What's more, by flaunting this qualification on your resume, you can opt for such job roles as an Anti-Money Laundering Analyst, Bank Secrecy Act (BSA) Officer, Staff Auditor, Management Consultant, etc. When it comes to the annual payment received by those specialists who got CAMS certified, it equals almost $82k per year as shown by Payscale.com.

If you're looking for the prestigious AML certificate issued by a reputed international organization that specializes in and is dedicated to the detection and prevention of financial crime, then you should opt for the ACAMS Certified Anti-Money Laundering Specialist (CAMS) certification exam which ensures an individual's skill in the field of anti-money laundering.

Reference: https://www.acams.org/sites/default/files/2024-02/EN-CAMS_011924.pdf

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There are two options. Candidate can choose either with a virtual classroom package or without a virtual classroom package.

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  • The price of this package is $1,880 for private sectors and $1,540 for public sectors

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  • This package consists of a CAMS study guide, Online Preparation Course and CAMS Examination

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ACAMS CAMS 中文 Exam Syllabus Topics:

SectionWeightObjectives
AML/CFT Compliance Programs28%- Customer due diligence requirements
  • 1. Ongoing monitoring
  • 2. KYC/CDD and enhanced due diligence
  • 3. Beneficial ownership identification
- Core elements of compliance programs
  • 1. Governance and oversight
  • 2. Policies, procedures and controls
  • 3. Risk assessment and management
- Reporting and record-keeping
  • 1. Suspicious activity reporting (SAR/STR)
  • 2. Record retention requirements
- Training, audit and independent review
  • 1. Staff training programs
  • 2. Internal and external audit functions
  • 3. Continuous improvement
Compliance Standards for AML/CFT25%- International organizations and bodies
  • 1. Financial Action Task Force
  • 2. Standard-setting bodies
  • 3. Egmont Group of Financial Intelligence Units
- Risk-based approach fundamentals
  • 1. Principles of risk assessment
  • 2. Application across jurisdictions
- Global regulatory frameworks
  • 1. FATF 40 Recommendations
  • 2. USA PATRIOT Act and national regulations
  • 3. Basel Committee guidelines
  • 4. Wolfsberg Principles
  • 5. EU AML Directives
Conducting and Responding to Investigations21%- Information sharing and cooperation
  • 1. Domestic and international cooperation
  • 2. Working with FIUs and law enforcement
- Investigation process and case management
  • 1. Case documentation and reporting
  • 2. Evidence gathering and analysis
- Disciplinary and remedial actions
  • 1. Corrective measures and sanctions
  • 2. Preventing recurrence
- Detection and red flags
  • 1. Industry-specific red flags
  • 2. Identifying suspicious activities and transactions
Risks and Methods of Money Laundering and Terrorist Financing26%- Sanctions and related risks
  • 1. Consequences of non-compliance
  • 2. UN, EU, OFAC and other sanctions regimes
- Sector-specific vulnerabilities
  • 1. Real estate
  • 2. Money services businesses
  • 3. Gaming and casinos
  • 4. Banking and deposit-taking institutions
  • 5. Insurance sector
  • 6. Legal and professional service providers
  • 7. Securities and capital markets
  • 8. Precious metals and high-value goods
- Money laundering stages and mechanisms
  • 1. Placement, layering, integration
  • 2. Terrorist financing methods
  • 3. Trade-based money laundering

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