AML and Banking Training

The last ten years we have experienced a dramatic economic upheaval, despite this Anti-Money Laundering has remained a key area of focus. The evolution of regulatory requirements, oversight and fines being levied have dramatically elevated the role of the compliance officer.

The FIBA Center of Excellence Anti-Money Laundering and Banking Compliance Training Program

Financial institutions are making fundamental changes to respond to this new environment, transforming the Anti-Money Laundering function from a standalone entity under compliance to a complex matrix that includes legal, operations, risk and the taxation department. An emphasis on process and controls are at the core of this new transformation, with the compliance officer playing a key role in this era of the New Banker. FIBA coursework is specifically designed to provide a career path that addresses the role of the new banker. It follows a carefully planned program to provide the candidate with a holistic view of the Anti-Money Laundering process; as it applies to the various departments within the institution where they work. Upon completion, the candidate will be well positioned to take the next step in evolving their Compliance career.

The following are the nine step certifications we have laid out towards a successful career path.

AMLCA Certification Training Course

AMLCA Certification

The AMLCA serves as the intermediate level certification to identify and examine the major money laundering risks facing a financial institution. The certification provides the framework to establish, implement, and enhance internal controls, policies, procedures, and processes to meet relevant regulatory requirements and mitigate AML risk.

AML CFT Risk Assessment Certificate Training Course

AML/CFT Risk Assessment Certificate and Workshop

The AML/CFT Risk Assessment Certificate and Workshop is designed to offer knowledge and practical processes to develop the risk profile of a financial institution. The workshop will train participants in understanding and conducting an AML/CFT risk assessment that is both functional and useful to develop internal controls.

Correspondent Banking AML Certification Training Course

Correspondent Banking AML Certificate

The Correspondent Banking AML Certificate is designed for both U.S. financial institutions offering correspondent banking as well as for foreign financial institutions which have or are seeking a U.S. correspondent banking relationship. The program will help professionals understand the risks associated with foreign correspondent banking; while learn the practical application of addressing those risks to document a compliance program.

Private Banking AML Certification Training Course

AMLCA Certification

The AMLCA serves as the intermediate level certification to identify and examine the major money laundering risks facing a financial institution. The certification provides the framework to establish, implement, and enhance internal controls, policies, procedures, and processes to meet relevant regulatory requirements and mitigate AML risk.

International Trade Finance Certification Training

International Trade Finance Certificate

The International Trade Finance Certificate is uniquely designed to provide a qualified overview to manage the balance between meeting the businesses objectives while complying with multiple regulatory jurisdictions. It is designed to help professionals learn the language of International Trade and the needs and expectations of each player in any given transaction.

FATCA Workshop and Training

FATCA Workshop and Training

The FATCA Workshop and Training highlights how FATCA affects a business’s operations; from understanding the due diligence requirements and identification of U.S. accounts to registering FFI’s and reporting U.S. accounts. Furthermore, the program will help professionals understand how to report U.S. accounts and to apply the 30% withholding tax which may be required in the case of certain payments.

Manager CEO Director AML Certification Training Course

Managers, CEO’s & Directors AML Certificate

The Managers, CEO’s & Directors AML Certificate focuses on the specific responsibilities and challenges faced by managers and the board of directors. The program reviews practical solutions and guidance which managers and directors can use as best practices, which can serve as benchmarks to evaluate the AML/BSA compliance programs of their institutions.

Broker Dealer Certification Training Course

Broker/Dealer AML Certificate

The Broker/Dealer AML Certificate provides a comprehensive overview of current Anti-Money Laundering challenges faced by broker/dealers and industry best practices to diminish said risk. Developed in cooperation with industry practitioners in the U.S. and Latin America, offers participants an in‐depth view into the challenges of broker/dealers in complying with U.S. AML requirements and leading international practices.

CPAML Certification Training Course

CPAML Certification

The CPAML Certification is an advanced level certification designed for professionals who are experienced AML compliance and analysis officers. The certification focuses on the analysis and interpretative side of AML compliance that is necessary in a risk-based regulatory environment. This includes case studies of the challenges faced by the Senior Manager responsible for the entire AML compliance program in a given institution.