How to Become a Certified Anti-Money Laundering Specialist

by Catherine Chase; Updated September 26, 2017

Becoming certified in your field as an anti-money laundering specialist can increase your career opportunities. In addition, some employers may require certification. The Association of Certified Anti-Money Laundering Specialists offers a certification exam, along with study materials and training events. The specific training event you will attend depends on whether you are a private sector employee or a government employee. To qualify for certification, you must already have a certain amount of professional experience and educational training.

Step 1

Fulfill the eligibility requirements. Use the CAMS credit calculator on the website (acams.org) to determine whether your experience qualifies you to take the certification exam. You may count up to three years of full-time, professional experience as an anti-money laundering specialist toward your eligibility requirements. You may also include any professional financial certifications, with the stipulation that the certification required an exam and at least eight hours of instruction. Your education also counts toward the requirements, along with the number of hours you have attended professional money laundering conferences.

Step 2

Study the CAMS handbook to prepare for the certification examination. You may purchase the handbook through the CAMS website as part of your certification package.

Step 3

Attend a live or online preparation seminar on money laundering. The seminar will cover frequently-tested subject areas, such as conducting investigations and export price manipulation.

Step 4

Pass the anti-money laundering certification exam. CAMS will send you an ID number, which you can use to schedule your exam. Testing centers are located globally, and you may take the exam in English, Arabic or Spanish.

About the Author

Catherine Chase is a professional writer specializing in history and health topics. Chase also covers finance, home improvement and gardening topics. She holds a Bachelor of Arts in American studies from Skidmore College.