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Career Path

After obtaining this specialist-level CAMS certification, individuals may go on to get more advanced CAMS designations by ACAMS, which are offered in three fields. Thus, they are the Advanced CAMS - Audit, Advanced CAMS - Financial Crimes Investigations, and Advanced CAMS - Risk Management.

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

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Who should take the CAMS exam

The CAMS certification is an internationally-recognized credential that identifies persons who earn it as possessing specialized AML knowledge. AML professionals who earn the CAMS designation position themselves to be leaders in the business and to expertise professional growth. If a candidate wants significant improvement in career growth needs enhanced knowledge, skills, and talents. The CAMS certification provides proof of this advanced knowledge and skill. If a person fulfills the following eligibility requirements of the CAMS exam then he should take this exam.

  • Provide three professional references.
  • Document a minimum of 40 qualifying credits based on education, other professional certification and professional expertise in the field.
  • Submit supporting documents.

About CAMS Designation

The CAMS certification is well-known around the globe for being the gold standard among Anti-Money Laundering validations which outlines the main aspects of money laundering and its prevention. What is more, such a certificate helps in encouraging a culture of compliance in organizations and demonstrating one's dedication to a structured risk-based approach. It also helps in meeting accepter anti-money laundering training requirements while rewarding and retaining top performers. Finally, the certification also aids in successfully safeguarding against financial damage.

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ACAMS CAMS Deutsch Exam Syllabus Topics:

SectionObjectives
Topic 1: AML Compliance Framework- AML compliance program structure
- Regulatory obligations and enforcement expectations
- Internal controls and governance
Topic 2: Transaction Monitoring and Reporting- Suspicious Activity Reports (SAR) / STR filing
- Suspicious activity detection and monitoring systems
- Case management and investigation processes
Topic 3: Customer Due Diligence (CDD) and KYC- Enhanced due diligence for high-risk customers
- Customer identification and verification
- Beneficial ownership and PEP screening
Topic 4: AML and CTF Fundamentals- International AML/CTF standards and FATF recommendations
- Stages and typologies of money laundering
- Money laundering and terrorist financing concepts
Topic 5: Financial Crime Typologies and Risk- Sanctions and embargo compliance
- Risk assessment methodologies
- Common money laundering typologies across industries

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