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.
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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.
- Submit supporting documents.
- Document a minimum of 40 qualifying credits based on education, other professional certification and professional expertise in the field.
Reference: https://www.acams.org/sites/default/files/2024-02/EN-CAMS_011924.pdf
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ACAMS CAMS Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| AML/CFT Investigations and Enforcement | 23% | - AML/CFT Investigation Process
|
| Compliance Standards for Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) | 25% | - AML/CFT International Standards
|
| AML/CFT Compliance Program | 26% | - Customer Identification Program (CIP) and Customer Due Diligence (CDD)
|
| Money Laundering Risks and Methods | 26% | - Payment Systems and Money Laundering Methods
|
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