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AML/CFT Risk Assessment: Practical Compliance for Analysts++

Name: AML/CFT Risk Assessment: Practical Compliance for Analysts++
Rating: 4.5 (12 reviews)

Practical steps to identify, assess, score, and mitigate AML/CFT risk with real tools and case scenarios

Role Play

Created byNasiru Musa

Last updated 2/2026

English

English [Auto],

What you'll learn

Understand the fundamentals and frameworks of AML/CFT Risk Assessment
Apply the Risk-Based Approach (RBA) in practical scenarios
Identify key risk indicators (KRIs) across products, services, customers, and geographies
Build and implement a simple yet effective risk scoring model using Excel
Create risk mitigation plans with preventive, detective, and corrective controls
Use templates and tools for institutional AML/CFT risk assessments
Conduct institutional and customer-level risk assessments confidently
Analyze case studies and perform hands-on exercises for real-world application

Course content

8 sections • 36 lectures • 2h 11m total length

What is the course about ?4:06
Master AML/CFT risk assessment with a risk-based approach to prioritize threats and prevent financial crime. Build a practical framework with risk indicators, a scoring model, and actionable mitigations.
AML Risk Assessment and the Risk Based Approach (RBA)5:32
Identify and evaluate money laundering and terrorist financing risks with an AML CFT risk assessment, applying a risk based approach (RBA) to prioritize high risk areas and regulatory compliance.
Knowledge Test

Knowledge Test
Key Concepts Risk Assessment5:50
Manage risk by identifying, evaluating, and prioritizing threats, then taking proactive steps to mitigate them; understand inherent and residual risk to guide controls.
Risk Assessment Key Risk Indicators (KRIs)6:34
Identify and monitor risk indicators to spot aml/cft risks across customers, transactions, products and services, delivery channels, and geography, enabling early preventive action and enhanced due diligence.
Scenario Based Exercise on KRIs- Customer Risk Assessment
Scenario Based Exercise on KRIs- Institution Wide Risk Assessment

Qualitative Risk Assessment4:07
Explore qualitative risk assessment as a lens for aml/cft decision making, evaluating customer risk, product risk, geographic exposure, delivery channels, and low, medium, high ratings.
Quantitative Risk Assessment2:33
Apply data-driven scoring models in quantitative risk assessment to assign weights to risk factors from customer data, transaction histories, and geographic logs, generating a final risk score.
Combining Quantitative and Qualitative Risk Assessment in AML/CFT2:32

Introduction to Risk Mitigation and Control3:09
Explore how proactive risk mitigation and robust control measures prevent, detect, and respond to risks while ensuring AML/CFT compliance, safeguarding your organization from financial crimes.
Key Components of Risk Mitigation4:14
More on KYC/CDD and Controls2:56
KYC,CDD & Controls - Examples and Case Study Exercise5:25
See how KYC, CDD, and enhanced due diligence are applied through real-world risk assessments at customer and institutional levels. Learn how these dynamic controls tailor onboarding, monitoring, and escalation.
Developing a Risk Mitigation Plan3:40
Risk Mitigation Scenario Practice Exercise1:06
Solution: Risk Mitigation Scenario Practice Exercise1:41
Knowledge Test

Lecture 1.1 – What is AML Computer Solution Risk Assessment?2:48
Lecture 1.2 – When Should You Do a Risk Assessment?2:13
Conduct ongoing AML/CFT risk assessments, not only for new tools; re-evaluate after major changes, regulatory pressure, or new risks to stay aligned with current threats.
Lecture 1.3 – Common Myths and Misunderstandings2:04
Bust myths about aml/cft risk assessment: audits are snapshots, risk assessments are continuous scans, and compliance varies by jurisdiction; avoid copy-paste configurations and prepare with practical, step-by-step tools.
Lecture 2.1 – Components of an AML Computer System4:06
Explore the core components of the AML computer system, including transaction monitoring, sanctions and PEPs screening, case management, data ingestion, and audit trails, and learn why each link matters.
Lecture 2.2 – Stakeholders and Risk Ownership3:45
Lecture 3.1 – Core Risk Categories5:55
Identify seven risk categories—data quality and integrity risk, system configuration and tuning risk, coverage gaps, alert logic, human dependence, vendor dependence, regulatory alignment risk—and assess their impact on aml effectiveness.
Lecture 3.2 – Red Flags That Your AML System is at Risk2:15
Identify red flags in AML systems, including high false positives, manual workarounds, untuned rules, lack of rule testing, low analyst trust, and missing audit trails.
Building the Computer Solution Risk Assessment Framework6:27
Applying the framework- Scenario 14:39
Apply the ML risk assessment framework to a real-world scenario by mapping risk landscape, identifying gaps, and scoring exposure to align AML/CFT controls with actual risk.
Applying the framework - Scenario 24:05
Applying the framework - Scenario 33:41
Apply the AML/CFT framework proactively to assess mobile wallet risks in real-time, identifying gaps in onboarding, thresholds, and monitoring, and turning risk insights into early mitigation and strategic leadership.
Applying the framework - Scenario Recap2:55
AML Monitoring System Risk Assessment Framework Scenario 1
AML Monitoring System Risk Assessment Framework Scenario 2
AML Monitoring System Risk Assessment Framework Scenario 3
Reporting your findings6:15
Learn to present AML/CFT risk findings clearly, translate them into prioritized, practical recommendations by risk themes: customer risk coverage, transaction monitoring, data integrity, and use simple visuals for executives.
Review, Updates and Continuous Improvements4:56

Requirements

No prior AML/CFT risk assessment experience required

Description

In today’s complex financial crime landscape, AML/CFT risk assessment is not just about compliance — it’s about understanding, documenting, and defending risk decisions that regulators and auditors actually care about.

This course is NOT theoretical. It is designed for AML analysts and compliance practitioners who must apply risk assessment logic in real institutions, explain risk scores, and produce regulator-ready outputs.

In this practical, hands-on training, you will learn how to:

Conduct full-institution and customer-level AML/CFT risk assessments step by step
Apply the Risk-Based Approach (RBA) with clear logic and defensible reasoning
Build risk scoring models using Excel that link with real controls and evidence
Compute and interpret Key Risk Indicators (KRIs) across products, customers, geographies, and channels
Design risk mitigation plans with preventive, detective, and corrective controls
Analyze real-world case scenarios and draw regulator-friendly conclusions

What makes this different:

Practical tools, templates, and calculators you can use immediately
Real case studies, not just rules
Instruction built for AML analysts — not auditors, not executives

Who this course is for:

AML/CFT Analysts seeking real practical skills
Compliance officers transitioning to operational risk work
Junior risk analysts and teams responsible for risk scoring
Anyone tired of theoretical AML training and ready for real application

You’ll finish with not just knowledge — but confidence to assess, defend, and communicate risk.

Course Features

6+ detailed modules covering all aspects of AML/CFT risk assessment
Downloadable templates and tools (Excel-based Risk Matrix, Scoring Model, Mitigation Plan)
Real-world case studies and walkthroughs
Final assessment with certification of completion
Lifetime access with updates
Access on mobile and TV

Enroll now and gain the skills that employers actually ask for.

Who this course is for:

AML/CFT Analysts and Investigators
Compliance Officers and Risk Managers
Internal Auditors and Consultants
Financial Intelligence Unit (FIU) staff
Professionals preparing for AML certifications
Anyone interested in mastering risk assessment techniques

AML/CFT Risk Assessment: Practical Compliance for Analysts++

What you'll learn

Explore related topics

Course content

Introduction AML Risk Assessment2 lectures • 10min

Key Concepts and Terms2 lectures • 12min

Qualitative Vs Quantitative Risk Assessment in AML/CFT3 lectures • 9min

Risk Scores in AML Risk Assessment2 lectures • 9min

The Risk Assessment Framework2 lectures • 7min

AML Risk Mitigation and Control Measures7 lectures • 22min

1 : AML Computer Solution Risk Assessment Module17 lectures • 56min

Practice Exercises5 lectures • 7min

Requirements

Description

Who this course is for: