- Duration / Course length: Upto 2 Hours Start now
- Accredited by: CiQCPD Qualification Standards
- Certificates:
- Course delivery: This course is delivered in video format
Course details
Transaction monitoring is the process that helps ensure financial crime stays away. It’s a regulatory requirement for financial institutions which involves keeping a keen eye on transactions within a financial system to detect and prevent fraudulent activities. This Transaction Monitoring Course will guide you through creating an effective and compliant transaction monitoring system for AML.The Transaction Monitoring Course will give you insights into transaction monitoring fundamentals and how they contribute to effective AML procedures. From the interactive modules, you’ll learn about the risks that can affect institutions and how to take the necessary steps to mitigate potential threats. Again, you’ll learn how to detect unusual transaction patterns and customer activity and decide whether or not to file a suspicious activity. The course will also explain the difference between transaction monitoring and name screening and how they help identify suspicious and unusual factors that require further investigation.
Transaction Monitoring
- Module 01: Introduction to Transaction Monitoring
- Module 02: Regulatory Framework and Risk-Based Approach
- Module 03: Transaction Monitoring Systems and False Positives Reduction
- Module 04: Red Flags and SAR
- Module 05: Terrorism Financing, Name Screening, and Record-Keeping
- Module 06: Future of Transaction Monitoring
Eligibility / Requirements
This Transaction Monitoring Course is available to all learners of all academic backgrounds. But learners should be aged 16 or over to undertake the qualification. And a good understanding of the English language, numeracy, and ICT will be helpful.
Job roles this course is suitable for:
Compliance Officer , Financial Analyst , Transaction Monitoring Specialist , AML Analyst , Regulatory Compliance Manager , AML Compliance Analyst , Risk Management Specialist , AML Program ManagerAbout John Academy
John Academy is best known for offering awarding body accredited online courses that are available for anyone who wishes to acquire a certification and take their professional life to the next level. As an online course provider, we are aware of the fact that there are a lot of people out there who consider themselves to be very curious learners but the courses that they are interested in are not available at their convenient time and place. So, we have decided to give them a unique opportunity for them to learn and obtain necessary skills in a very convenient way at any time from anywhere.
Who We Are
We are an online course provider who wants to make sure that the students would be able to learn everything there is a need for them to learn regarding the course that they have enrolled in on our site. So, we see to it that they would be provided with the highest possible standard of online learning. That way, students would be able to use it in the real world – the employment world and at their desired field of interests.
Certification
After you have successfully passed the test, you will be able to obtain an Accredited Certificate of Achievement. You can however also obtain a Course Completion Certificate following the course completion without sitting for the test. Certificates can be obtained either in hard copy at a cost of £39 or in PDF format at a cost of £24.
PDF certificate's turnaround time is 24 hours and for the hardcopy certificate, it is 3-9 working days.
