Career Details

Anti-Money Laundering Professional Certification

Description

A BAI Anti-Money Laundering Professional Certification is the educational standard for anti-money laundering and Bank Secrecy Act (BSA) professionals employed within financial institutions, or national and state regulatory agencies. Financial institutions recognize that anti-money laundering prevention and detection is a critical issue with the demands of the Bank Secrecy Act and the USA PATRIOT Act. Increased training along with stronger policies and procedures help institutions meet regulatory examination requirements and avoid potential criminal risks. This certification helps professionals document their AML expertise and demonstrate that they and their organization take anti-money laundering responsibilities seriously.

Certifying Organization

BAI Center for Certification

Details

If significant education or training is needed? Unknown

If significant work experience is needed? Unknown

Is an exam required? Yes

How many years until certification must be renewed? 1 year(s)

Certification can be renewed with Continuing Education Units? Yes

Certification can be renewed with re-examination? No

Certification can be renewed with Continuing Professional Development? Unknown

Certification can be renewed in multiple ways? Unknown

Certificates

Certificate name

Certified Fraud Examiner

Certifying Organization

Association of Certified Fraud Examiners

Type

A - Core

Certificate name

Certified Anti-Money Laundering Specialist

Certifying Organization

Conference of State Bank Supervisors

Type

C - Specialty

Certificate name

International Certificate in Banking Risk and Regulation

Certifying Organization

Global Association of Risk Professionals

Type

B - Advanced

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