Mastering AML/CFT Risk Assessment

Learn How to Identify, Assess, Mitigate Financial Crime Risks and Build Practical Compliance Skills

What you'll learn
- Understand the fundamentals and frameworks of AML/CFT Risk Assessment
- Apply the Risk-Based Approach (RBA) in practical scenarios
- Identify key risk indicators (KRIs) across products, services, customers, and geographies
- Build and implement a simple yet effective risk scoring model using Excel
- Create risk mitigation plans with preventive, detective, and corrective controls
- Use templates and tools for institutional AML/CFT risk assessments
- Conduct institutional and customer-level risk assessments confidently
- Analyze case studies and perform hands-on exercises for real-world application

Requirements
- No prior AML/CFT risk assessment experience required

Description
In today’s dynamic and increasingly complex financial environment, managingAnti-Money Laundering (AML)andCounter-Terrorist Financing (CFT)risks is not just about regulatory compliance—it’s about safeguarding your institution, your customers, and your reputation from the growing threats of financial crime.

Thispractical and comprehensive courseis designed to equip you with the essential knowledge, tools, and confidence to conduct effectiveAML/CFT risk assessmentsin real-world settings. Whether you're acompliance officer,AML analyst,internal auditor, orrisk manager, this course will guide you step-by-step through the end-to-end process of identifying, assessing, and mitigating financial crime risks.

At the heart of the course is theRisk-Based Approach (RBA)—a proven strategy for prioritizing your institution’s resources where they’re needed most. You’ll learn how to evaluate bothinherentandresidual risks, leveragingKey Risk Indicators (KRIs)across products, services, customers, geographies, and delivery channels.

We’ll take a hands-on approach to building arisk scoring modelusingExcel-based templatesthat are easy to use and customizable for your institution’s unique needs. You’ll also perform bothqualitativeandquantitativerisk analysis, align your findings with your organization’srisk appetite, and ensure full alignment withregulatory complianceexpectations.

Throughout the course, you’ll gain practical insights into essential components ofcompliance risk management, including effectiveKnow Your Customer (KYC)processes,Customer Due Diligence (CDD),Enhanced Due Diligence (EDD), and stronginternal controlsto mitigate identified risks.

What makes this course different is its practical focus. You’ll have access to downloadable tools and templates, interactive case studies, and guided exercises that help you apply what you learn immediately. By the end, you’ll not only be able to perform a risk assessment—you’ll be ready to lead one with clarity, purpose, and strategic insight.

Course Features

6+ detailed modules covering all aspects of AML/CFT risk assessment

Downloadable templates and tools (Excel-based Risk Matrix, Scoring Model, Mitigation Plan)

Real-world case studies and walkthroughs

Final assessment with certification of completion

Lifetime access with updates

Access on mobile and TV

Join us today and gain the tools to assess, manage, and communicate AML/CFT risks effectively—wherever you are in your professional journey.

Who this course is for:
- AML/CFT Analysts and Investigators
- Compliance Officers and Risk Managers
- Internal Auditors and Consultants
- Financial Intelligence Unit (FIU) staff
- Professionals preparing for AML certifications
- Anyone interested in mastering risk assessment techniques
More Info