Ultimate Aml Transaction Monitoring Bootcamp

What you'll learn
AML
KYC
TRANSACTION MONITORING
FINANCIAL CRIME
Requirements
None
Description
Transaction monitoring is the process of continuously reviewing and analyzing financial transactions to detect and prevent fraud, money laundering, and other financial crimes. This is typically done through the use of automated systems and algorithms that analyze large amounts of transaction data to identify patterns, anomalies, and trends that may indicate suspicious activity. The goal of transaction monitoring is to maintain the integrity and security of financial transactions, protect organizations and their customers from financial losses, and comply with regulatory requirements for anti-money laundering and countering the financing of terrorism (AML/CFT).Being in Financial Crime is one of the hottest global jobs around the world, and even in uncertain economic times will only grow as more and more nations force large-scale regulatory and legal demands on big financial institutions.This course goes through Financial Crime, Transaction Monitoring, and Anit Money Laundering, These skills are required at major financial institutions such as Investment Banks, Hedge Funds, Private Equity, and now Crypto.People who complete this course will have the skills and knowledge to become:AML AnalystTransaction MonitoringAML InvestigationsFinancial Crime AnalystFinancial Crime ComplianceVarious Projects with PWC, EY, KPMGI'm a qualified financial crime expert, I've been previously focusing on exam preparation but now I've dived into the course realm. I currently work as an Investment Advisor in Los Angeles but have previously worked in Sydney, London, New York, and Perth. I have a Masters's degree in Anti Money Laundering and Counter-Terrorism Financing from Charles Sturt University. I've previously worked for MUFG, CBA, JP Morgan, and BMO Capital Markets.I'm happy and always willing to provide continuous support to people who are here if you have any queries or questions on various certifications and becoming a Financial Crime Analyst
Overview
Section 1: Introduction
Lecture 1 Introduction
Section 2: Transaction Monitoring/AML
Lecture 2 What is Transaction Monitoring?
Lecture 3 Requirements of Transaction Monitoring and What must be done?
Lecture 4 The role of transaction monitoring systems in AML
Lecture 5 What is a Transaction Monitoring Analyst?
Lecture 6 Transaction Monitoring Automated and Non Automated
Lecture 7 Transaction Monitoring before Automation
Lecture 8 Why is Transaction Monitoring Challenging?
Lecture 9 Risk based approach to Transaction Monitoring
Lecture 10 Evolution of Transaction Monitoring
Lecture 11 Alert Generation
Lecture 12 How are Alerts matched with Customers?
Lecture 13 KYC Profile with Transaction Monitoring
Lecture 14 Rules
Lecture 15 False Positives
Lecture 16 Reducing False Positives
Lecture 17 Terrorism Financing and Transaction Monitoring
Lecture 18 Transaction Monitoring Vs Name Screening
Lecture 19 Scenarios that would generate an Alert.
Lecture 20 How much Transaction Monitoring Data needs to be collected and kept.
Lecture 21 Clearing Alerts
Lecture 22 Can Transaction be reasonable explained?
Lecture 23 Cash Transaction Threshold (CTR)
Lecture 24 Structuring
Lecture 25 Structuring - Example
Lecture 26 Smurfing
Lecture 27 Smurfing Example
Lecture 28 Cookoo Smurfing
Lecture 29 High Value Item
Lecture 30 High Transaction Value
Lecture 31 High Number of Transactions in a Period
Lecture 32 Jurisdiction Risk
Lecture 33 Sanctions Example
Lecture 34 High Risk Country Example
Lecture 35 Transaction then withdrawal (Layering)
Lecture 36 Human Trafficking
Lecture 37 Bribery/Corruption Example
Lecture 38 Unusual Activity Referals
Lecture 39 Record Keeping Requirements.
Lecture 40 Suspicious Activity Report (SAR)
Lecture 41 Who decides and that a SAR is needed and actually files it?
Lecture 42 Tipping Off/Control of the SAR Information
Lecture 43 Overview of a SAR
Lecture 44 Transacton Monitoring Job
Lecture 45 CTMA Certified Transaction Monitoring Assoicate
Lecture 46 Conclusion
Anyone who wants to learn Transaction Monitoring/AML


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