Mastering Aml/Cft Transaction Monitoring

Master transaction monitoring from basics to advanced, excel in AML/CFT roles, and confidently spot suspicious txns

What you'll learn

Identify and analyze unusual transaction patterns using effective transaction monitoring scenarios and thresholds.

Implement advanced techniques to minimize false positives, improving efficiency and focus on truly suspicious activities.

Understand the three lines of defense and integrate good governance practices into your organization’s transaction monitoring system.

Apply data visualization and analytical methods to streamline monitoring, support decision-making, and strengthen AML/CFT efforts.

Requirements

No prerequisites, although a basic understanding of AML/CFT and banking operations is helpful.

Willingness to learn and apply transaction monitoring concepts.

Description

Are you ready to elevate your skills in AML/CFT transaction monitoring? This comprehensive course is designed to equip you with the essential knowledge and practical tools needed to master transaction monitoring and confidently identify suspicious transactions. With the evolving financial crime landscape, it’s crucial to stay ahead by learning how to effectively tackle challenges like high false positives, apply advanced monitoring techniques, and ensure compliance with strict regulatory standards.Throughout this course, you’ll dive into the core components of transaction monitoring, beginning with fundamental principles and progressing through advanced analytical methods. We’ll explore key areas such as governance frameworks, customer segmentation, scenario design, and threshold setting—essential elements for creating a strong, risk-based monitoring system. Additionally, you’ll discover how data visualization and decision-making models can enhance your transaction analysis approach, helping you to manage alerts more efficiently and accurately.Whether you’re an AML/CFT professional, compliance officer, or risk manager, this course will empower you to:Detect complex money laundering schemes while minimizing false positives and reducing manual work.Implement governance and compliance best practices to align your monitoring system with regulatory expectations.Leverage data visualization tools and advanced analytics to better understand patterns, streamline alert management, and support decision-making.Apply best practices for creating high-quality Suspicious Transaction Reports (STRs), ensuring that your findings are well-documented and compliant.With real-world examples, case studies, and hands-on exercises, this course will provide you with actionable skills to identify risks, improve operational efficiency, and protect your organization from financial crime. Enroll today to take the next step in mastering transaction monitoring and ensure your organization stays compliant and resilient!

Overview

Section 1: Theory and Application of Transaction Monitoring

Lecture 1 Introduction To Transaction Monitoring

Lecture 2 Governance in Transaction Monitoring

Lecture 3 Maturity Phases in Transaction Monitoring

Lecture 4 Perquisites for Transaction Monitoring

Lecture 5 Types of Transaction Monitoring

Lecture 6 Transaction Monitoring Process

Lecture 7 Data Visualization in Transaction Monitoring

Lecture 8 Decision Making Model in Transaction Monitoring

Lecture 9 Application of Decision Making Model in Transaction Monitoring

Lecture 10 Collecting Information for Transaction Monitoring

Lecture 11 Customer Segmentation for Transaction Monitoring

Lecture 12 Typologies and Scenarios in Transaction Monitoring

Lecture 13 Red Flags or Alerts in Transaction Monitoring

Lecture 14 Linking Scenarios with Customer Segment

Lecture 15 Setting Threshold Values for Scenarios

Lecture 16 Pending Alerts and Transaction Look Back Period

Lecture 17 Reporting Agent

Lecture 18 Choices and Review by AML Analyst

Lecture 19 Important Points to Consider in Transaction Monitoring

Lecture 20 Pitfalls to avoid in Transaction Monitoring.mp4

Lecture 21 Post STR practices

Lecture 22 Advanced Data Analytics Approach to Transaction Monitoring

Lecture 23 Advance Analytics Approach- Text Mining

Lecture 24 Advance Data Analytics - Pattern Analysis

Lecture 25 Advance Data Analytics -Predictive Analysis

Lecture 26 IT risks in Transaction Monitoring

Lecture 27 Outsourcing Transaction Monitoring Function

AML/CFT professionals, compliance officers, risk management professionals, and audit specialists.,Beginners in transaction monitoring or those seeking to enhance their AML/CFT knowledge.,Individuals preparing for certifications such as CAMS or CFCS,AML Analysts