QCTO Anti Money Laundering Analyst NQF Level 6 Credits 353 OC118250 Training Material

Description

The purpose of this qualification is to prepare a learner to operate as an Anti-Money Laundering
Analyst
An Anti-Money Laundering Analyst monitors and analyses data relating to the movement
of money and assets, investigates the legitimacy of these transactions within the local,
national and international frameworks, regulations and guidelines and reports on it.
A qualified learner will be able to:
 Conduct screening of clients, business relationships and monitor transactions to identify risks
associated with money laundering, sanctions, bribery, corruption financing of terrorism
practices and related financial crime;
 Investigate the identified risks associated with money laundering, sanctions, bribery, corruption
financing of terrorism practices and related financial crime;
 Continually research and identify new risks/red flags in the area of money laundering,
sanctions, bribery, corruption financing of terrorism practices and related financial crime; and
 Develop and submit appropriate analysis reports on the risks associated with money
laundering, sanctions, bribery, corruption financing of terrorism practices and related financial
crime.