Course Overview

The Anti Money Laundering (AML) Level 3 Training course is designed to provide those who are interested in a career in anti-money laundering or fraud prevention with an in-depth understanding of AML procedures, law and policies for banks and organisations. The course covers key topics such as the RBA framework, money laundering indicators, suspicious activity reporting and bank protection measures.

You will also learn the difference between money laundering and terrorist funding, how to identify financial fraud, apply for due diligence and other essential AML duties. This course also explores the steps to effective know your customer (KYC) compliance, equipping you with the fundamental skills to assess customer risk.

Highlights of Anti Money Laundering (AML) Level 3 Training Course

• Demonstrate an understanding of different the stages of money laundering
• Identify the key differences between money laundering and terrorist funding
• Understand what enhanced due diligence is and how to apply for it
• Learn what the most common money laundering indicators are 
• Know how to identify and report money laundering, with an understanding of the RBA framework
• Understand the key steps to effective Know Your Customer (KYC) compliance
• Gain an understanding of when a suspicious activity report should be filed
• Broaden your knowledge of bank protection measures against money laundering

Who is this Course for?

This course is ideal for aspiring professionals looking to secure a career in financial compliance, as well as existing professionals who have AML duties or work in the compliance department of a bank or organisation. To provide you with ease of access, this course is designed for both part-time and full-time students. There are no specific entry requirements for this course.

Career Path

On successful completion, learners will have the practical skills and knowledge to fast track their career in one of the following related professions:

• AML Analyst
• Compliance Manager
• Compliance & Financial Crime Assistant
• Risk & Compliance Officer