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Anti-Money Laundering Independent Compliance Audit
Role Play
Rating: 4.4 out of 5(52 ratings)
151 students

Anti-Money Laundering Independent Compliance Audit

FATF-Aligned, Practical Audit Programs & Checklists
Role Play
Created byNasiru Musa
Last updated 4/2026
English

What you'll learn

  • Conduct a complete AML/CFT independent audit — from planning and risk assessment to execution, testing, and reporting.
  • Perform AML solution audits, assessing your transaction monitoring systems, name screening tools, and alert management frameworks for accuracy, reliability, and
  • Evaluate your institution’s AML/CFT compliance program against regulatory requirements and internal policies.
  • Understand the role of internal audit in AML/CFT compliance and how to maintain true independence and objectivity.
  • Apply the AML/CFT audit methodology, including testing controls, evaluating governance, and identifying improvement opportunities.
  • Deliver findings that strengthen your institution’s AML controls and reduce the risk of enforcement action or reputational damage.

Course content

6 sections • 26 lectures • 1h 15m total length

  • Introduction to the course3:16
  • Introduction to AML/CFT Compliance Audit4:44

    Learn how independent audits assess AML/CFT and email safety compliance in financial institutions, covering risk assessments, policy adequacy, suspicious activity monitoring and reporting, and regulatory alignment.

  • The need for an independent Audit of the AML/CFT compliance program
  • The Role of Internal Audit in AML/CFT Compliance Audit1:46
  • The Role of Internal Audit

Requirements

  • Basic Knowledge of AML/CFT compliance

Description

Regulators don’t just ask if AML controls exist — they ask whether they are effective. That’s where independent AML/CFT audit comes in.

This course is designed for AML analysts, compliance officers, internal auditors, and risk professionals who must test, evaluate, and report on AML compliance frameworks in real institutions.

Here’s what you will learn:

  • How to plan and scope an AML/CFT audit from risk identification through reporting

  • How to test AML solutions — transaction monitoring, name screening, alert workflows, and control logic

  • How to assess AML program effectiveness against regulatory requirements and internal policies

  • What auditors actually look for in governance, controls, testing evidence, and reporting

  • How to write actionable audit findings that improve controls and reduce regulatory risk

What makes this course different:

  • Real, practical audit templates and checklists

  • Exercises based on real AML testing scenarios

  • Focused on practical compliance assurance, not theory

Who should take this course:

  • AML Analysts and Compliance Officers who audit or help prepare for audits

  • Internal Audit teams expanding into AML compliance

  • Risk and assurance professionals

  • Anyone who wants confidence testing AML systems and controls

By the end, you’ll be able to execute independent AML audit cycles with confidence, produce regulator-ready reports, and add immediate value to your institution’s compliance assurance.

Enroll now and level up your AML audit expertise.

Lifetime access + downloadable tools + guided exercises.

Who this course is for:

  • AML Compliance Officers involved in program oversight and assurance
  • Internal Auditors seeking to enhance their AML/CFT auditing skills
  • Risk and Operations Officers who support compliance testing and controls
  • Regulatory Compliance Consultants looking to expand their expertise in AML auditing and solution testing
  • AML Consultants who want to be or are already engaged in Third party Compliance Audit for Financial Institutions

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