Building and Managing an AML Team

Course Description:

This course is designed to provide comprehensive insights into the strategies and best practices for building and managing a successful Anti-Money Laundering (AML) team. It covers the essential elements required to create a highly effective team capable of navigating the complexities of AML compliance, investigation, and reporting. Participants will learn how to structure an AML team, recruit and train the right talent, foster a culture of compliance, and manage the team’s performance to ensure that AML objectives are consistently met.

Topics Covered:

• Team Structure and Roles: Understanding the key roles within an AML team, including compliance officers, investigators, and analysts.
• Recruitment and Selection: Best practices for hiring qualified professionals with the necessary skills and expertise.
• Training and Development: Developing training programs that enhance the team’s knowledge and ability to detect and prevent money laundering.
• Performance Management: Techniques for monitoring and evaluating team performance, including setting goals, providing feedback, and conducting assessments.
• Leadership and Team Dynamics: Strategies for leading an AML team, managing conflicts, and fostering collaboration.
• Compliance Culture: Building and sustaining a culture of compliance within the organization to support AML efforts.