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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.

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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:

  • 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).

  • 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.

  • 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.

ACAMS CAMS Exam Syllabus Topics:

TopicDetails
Topic 1
  • Conducting and Supporting the Investigation Process: This section of the exam measures the skills of financial investigators and focuses on how institutions handle investigations related to suspicious activities and regulatory inquiries. It covers proper ways to escalate high-profile SARs or STRs to management, boards, and authorities, while ensuring secure maintenance of supporting documentation
Topic 2
  • AML, CFT and Sanctions Compliance Programs: This section of the exam measures skills of compliance officers and focuses on how institutions design and manage effective AML, CFT, and sanctions programs. It covers the process of conducting risk assessments, applying institution-wide controls, and ensuring proper record-keeping. The section emphasizes the importance of targeted training programs, with senior management and boards playing a critical role in oversight and governance.
Topic 3
  • Risks and Methods of Money Laundering and Terrorist Financing: This section of the exam measures skills of compliance officers and covers the global risks, trends, and typologies of money laundering and terrorist financing. It highlights how criminals disguise illicit funds through placement, layering, and integration, along with emerging risks like virtual assets and trade-based laundering.
Topic 4
  • Compliance Standards for Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT): This section of the exam measures skills of financial investigators and covers the international standards that form the backbone of AML and CFT efforts. It highlights the FATF 40 Recommendations and the process FATF uses to flag jurisdictions with weak controls. It also explains important global guidelines such as the Basel Committee’s Customer Due Diligence Principles and the Wolfsberg Group’s AML standards for both private and correspondent banking.

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

If you're looking for the prestigious AML certificate issued by a reputed international organization that specializes in and is dedicated to the detection and prevention of financial crime, then you should opt for the ACAMS Certified Anti-Money Laundering Specialist (CAMS) certification exam which ensures an individual's skill in the field of anti-money laundering.

In this social-cultural environment, the CAMS certificates mean a lot especially for exam candidates like you. To some extent, these certificates may determine your future. With respect to your worries about the practice exam, we recommend our CAMS preparation materials: Certified Anti-Money Laundering Specialists which have a strong bearing on the outcomes dramatically. For a better understanding of their features, please follow our traits mentioned below.

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