Career Opportunities

Individuals who have obtained the CAMS designation may receive a range of benefits. They include furthering one's professional portfolio via demonstrating a better understanding of the detection and prevention techniques of financial crime, helping to protect their organization from money laundering threats, and lessening financial crime risks. What's more, by flaunting this qualification on your resume, you can opt for such job roles as an Anti-Money Laundering Analyst, Bank Secrecy Act (BSA) Officer, Staff Auditor, Management Consultant, etc. When it comes to the annual payment received by those specialists who got CAMS certified, it equals almost $82k per year as shown by Payscale.com.

Who Is It for?

The CAMS endorsement is ideal for those seeking to signify a high understanding of international AML/CFT principles. Obtaining this certification will help recognize you as an AML/CFT authority and prevent institutional financial crime risks.

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CAMS Exam topics

Candidates must know the exam topics before they start of preparation. Because it will really help them in hitting the core. Our CAMS exam dumps will include the following topics:

• Money laundering risks and strategies, like Black Market Peso Exchange and import and export price manipulation
• AML/CFT compliance program designs in several business settings
• Maintenance of an effective AML/CFT compliance program
• Recognition of AML compliance risks
• Comply standards for anti-money laundering (AML) and combating the financing of terrorism (CFT)
• SAR and STR filing
• Conducting or supporting the investigation process
• Important elements of an Anti-Money Laundering (AML) program
• The assistance of institutional investigations
• Money laundering and terrorist financing methods
• The Financial Action Task Force (FATF) Recommendations, the Basel Committee's Report on client Due Diligence and also the Wolfsberg cluster Principles
• How to manage and support a money laundering investigation

Reference: https://www.acams.org/sites/default/files/2024-02/EN-CAMS_011924.pdf

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How to Get Certified

To obtain the ACAMS CAMS certificate individuals must take and successfully pass the affiliated namesake CAMS exam, which requires individuals to go through a three-step process. This has been outlined below:

• Be a member of ACAMS

  Individuals may gain membership of ACAMS as individuals, as part of an enterprise, as public sector workers, or as part of a chapter. Members are required to make a standard membership payment.

• Take the actual CAMS exam

  After an individual is found to be eligible and their application has been approved, they may go on to schedule their CAMS evaluation.

• Submit an application

  After gaining membership at ACAMS, individuals are required to submit an application form along with payment. To be eligible to send an application, individuals must meet the following requirements: hold an active ACAMS membership, have 40 ACAMS credits, possess an education (10 credits for associates, 20 credits for bachelors, 30 credits for masters, and 40 credits for JD, or PhD), possess work experience (10 credits for each year of work experience), and have training (1 credit for an hour of training in the field of financial crime).