Financial Transaction Monitoring Online Training

The Financial Transaction Monitoring Online Training provides comprehensive knowledge and skills to detect, analyze, and manage financial transactions while ensuring compliance with regulatory standards. This course covers transaction monitoring systems, risk-based approaches, red flags, Suspicious Activity Reports (SAR), terrorism financing, name screening, and record-keeping procedures.

Participants will learn to identify unusual financial activity, reduce false positives, manage transaction monitoring systems effectively, and adhere to legal and regulatory requirements. Emphasis is placed on practical applications, risk assessment, and maintaining robust anti-money laundering (AML) and counter-terrorism financing controls. Completing this course equips learners with the expertise to monitor transactions accurately and prevent financial crime professionally.

This course is ideal for banking staff, finance professionals, compliance officers, auditors, regulators, and anyone involved in financial transaction monitoring or risk management.

Learning Outcomes

1. Understand the fundamentals of financial transaction monitoring and risk management effectively.
2. Apply regulatory frameworks and risk-based approaches for compliance in transactions successfully.
3. Operate transaction monitoring systems while minimizing false positives efficiently.
4. Identify red flags and prepare accurate Suspicious Activity Reports professionally.
5. Implement name screening, terrorism financing controls, and maintain proper records accurately.
6. Recognize emerging trends and future practices in transaction monitoring effectively.

Course Link : Financial Transaction Monitoring Online Training

Course Curriculum

• Module 01: Introduction to Transaction MonitoringUnderstanding financial transaction monitoring concepts and their importance.
• Module 02: Regulatory Framework and Risk-Based ApproachLearning compliance regulations and applying risk-based monitoring strategies effectively.
• Module 03: Transaction Monitoring Systems and False Positives ReductionUsing monitoring systems efficiently and minimizing false positive alerts correctly.
• Module 04: Red Flags and SARIdentifying suspicious activity and filing accurate Suspicious Activity Reports professionally.
• Module 05: Terrorism Financing, Name Screening, and Record-KeepingManaging AML compliance for terrorism financing, name screening, and documentation.
• Module 06: Future of Transaction MonitoringExploring emerging trends, technology, and innovations in transaction monitoring globally.

Disclaimer:

This is an online course with pre-recorded lessons. You will get access to the course within 48 hours after your enrolment.