cams audit handbook update 8-05-2013 (1)

5/23/2018 CAMS Audit Handbook Update 8-05-2013 (1)

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2/142 ACAMS Advanced Certication [email protected] | +1 305.373.0020 | acams.org

About CAMS-Audit 3

Application Process & Policies 4-5

Program Guidelines & Live Program Details 6-7

Eligibility Criteria Worksheet 8

Specialized Training Worksheet 9

Application & Affi davit 10-11

Request for Special Accommodations Form 12 - 13

Course Outline 14

About ACAMSACAMS is the largest international membership organiza-

tion dedicated to enhancing the knowledge and expertise

of nancial crime detection and prevention professionals,

from a wide range of industries, in both the public andprivate sectors.

ACAMS serves its members with extensive resources

designed to develop and sharpen the skills required for

superior job performance and career advancement includ-

ing certication, moneylaundering.com (the industry s

leading online news and information resource), ACAMS

Today (the premier AML magazine) international confer-ences, full day seminars, web seminars, customized train-

ing and peer networking opportunities.

Table of Contents

ACAMS will be adding additional advancedcertications in the future! Visit acams.orgor watch your inbox for updates!


3/[email protected] | +1 305.373.0020 | acams.org ACAMS Advanced Certication

About CAMS-Audit

About CAMS-AuditAudit, independent testing and related examinationoversight are key components of maintaining an ef-

fective AML program, and the audit process is a critical

element in assessing a programs strengths and weak-

nesses. Without it, nancial institutions risk formal and

informal regulatory criticism as well as potential nes

from regulatory bodies, all resulting in severe reputa-

tional damage.

CAMS-Audit equips auditors and those with audit

responsibilities with high-level training that reinforces

their internal controls knowledge to meet regulatory

expectations.

With CAMS-Audit after your name, you will be instantlyrecognized as a seasoned professional with superior skills

to effectively:

Evaluate the effectiveness and adequacy of a BSA/AML

compliance program, suspicious activity reporting and

transaction monitoring systems, and KYC/CIP policies,

procedures, and processes.

Address and mitigate BSA/AML risk including tracking

and correcting previously identied issues and

deciencies.

Identify, analyze and recommend enhancements to

policies, procedures and processes in accordance with

guidance and regulations.

Assess the adequacy of transaction monitoring in

relation to risk and suspicious activity.

Understand and communicate reporting and record

keeping requirements in performing independent

testing.

Enhance the role of audit in regards to your institutions

compliance monitoring and AML training.

Identify communication techniques to increase the

reception and collaboration of your message across

different departments.



Application Process1. Complete the application included in this handbook.

2. Email the application, eligibility criteria worksheet,

specialized training worksheet to

[email protected].

3. You may also mail or fax in your application, how-

ever, mailing in your application may delay the

process. Our mailing address and fax number are:

Brickell Bayview Centre

80 SW 8th Street, Suite 2350

Miami, FL 33130

Fax: +1 305.373.7788

4. Upon approval of your application, you will receive an

invoice for payment.

*Incomplete applications, including missing documentation, will be

returned. Applications must be received no later than ve (5) business

days from the date registration closes. Applications after this time will

not be accepted.

Fees

Private Sector: $4,850

Public Sector: $4,268

Fee includes:

Application administration fee

Pre-coursework web seminars

Live 3-day course

Course materials

Housing during 3-day course

Breakfast and lunch for each of the 3 days

CAMS-Audit Eligibility Requirements:Candidates wishing to apply for the CAMS-Audit des-

ignation must maintain an active CAMS designation

and document 20 qualifying credits (with 10 coming

from professional experience) based on continuing

education, professional experience and other certica-

tions.

Supporting Documentation:All pertinent documentation, if applicable, must be

returned with the application.

Experience:

Current Resume (bios are not accepted)

Training:

Certicates/Letters of Participation*

Documentation is not required for ACAMS events.

This is ONLY required for events completed through

an outside organization. Approval of external training

credits is not guaranteed.

Certication: Copy of Certicate/Letter from Certifying Organiza-

tion

Refund/Cancellation PolicyRefunds will not be granted once a candidate has been

formally accepted into the program and has received the

offi cial welcome notication. Notications will be sent via

email. Please be sure to provide accurate contact informa-

tion when applying.

Application Process & Policies



Statement of NondiscriminationACAMS does not discriminate among candidates based on

age, gender, race, color, religion, national origin, disability

or marital status.

Background VericationACAMS reserves the right to conduct a background check,

including a criminal records check, on all people wishing

to apply for Advanced Certication. Candidates may be

required to ll out a Background Verication Authoriza-

tion Form. Candidates will receive correspondence from

ACAMS regarding the status of their application in the

event ACAMS performs a background check.

Please be advised that for the safety of our members and

of our association, in the event an individual is subject to

a background check and does not pass, that individual will

not be allowed to proceed with the program.

Requests for Special AccommodationsACAMS complies with the Americans with Disabilities

Act (ADA) and will ensure that individuals with disabili-

ties are not deprived of the opportunity solely because

of a disability, as required and dened by the relevant

provisions of the law. Special arrangements may be made

for these individuals, provided that an appropriate pre-

approved request for accommodation is submitted to

ACAMS 30 day prior to the live course date. A special

accommodation form is included in this handbook.

Requests forspecialaccommodationsforcandidateslocatedoutsideof theU.S. are

permitted if the country of residence has a similar law in place for persons with a

recognized disability. Follow the instructions as detailed above.

Application Process & Policies(cont.)

Contact InformationFor information about your examination application or the CAMS-Audit

program, please contact:ACAMS


80 Southwest 8th Street, Suite 2350

Miami, FL 33130 USA

Telephone: +1.305.373.0020 or +1.866.459.CAMS (toll free)

Fax: +1.305.373.7788 or +1.305.373.5229

Email: [email protected]

Website: www.acams.org



Certication Program Guidelines

Participation and Completion of Work Assignments

ACAMS utilizes a series of methodologies throughout the advanced certication program. Candidates are required

to adhere to and participate in each of these different methodologies in order to successfully complete the certica-

tion. This includes:

Attending the administrative and nal assessment web seminar

Attending the live 3-day session

The completion of all work assignments by their prescribed deadlines

Completion of the nal assessment

Extensions

Extensions on work assignments can be granted if requested in a timely manner. However, ACAMS will only grant

one extension per candidate. Requests must be submitted 15 calendar days prior to the deadline for that particular

assignment. Requests should be submitted by email to [email protected].

The maximum time allowed for an extension is 15 calendar days from the deadline. Extensions for a longer period

will need to be reviewed on a case-by-case basis and are not guaranteed.

ACAMS reserves the right to withhold the certication of any candidate not complying with these guidelines.

Appeals

The withholding of a candidates certication for noncompliance with the above referenced guidelines is not

grounds for an appeal.



ACAMS is accepting applications for the CAMS-Audit program.

Live Course VenueLansdowne Resort44050 Woodridge Pkwy

Leesburg, VA 20176

+1 703.729.8400

www.lansdowneresort.com

Lansdowne Resort is conveniently located 20 minutes

from the Capital Beltway and only 15 minutes from

Washington Dulles International Airport (IAD).

Directions and information on their transportation ser-vices can be found on the resort website under Locations

& Directions.

AccommodationsAccommodations for the 3-day live course will be made byACAMS to the Lansdowne Resort. Special requests must

be made directly to Lansdowne Resort.

ReschedulingRescheduling of the live course will not be permitted once

a candidate has been formally accepted into the program

and has received the offi cial welcome notication.

Notications will be sent via email. Please be sure to

provide accurate contact information when applying.

Live Program Details



Experience (limited to within the past 5 years)

Audit/Examination

Conducting or materially participating in audits of a financial

institution* on regulatory compliance matters.

Credits

Credits Earned

1 Year 1

2-3 Years 3/yr.

4-5 Years 5/yr.

Audit/Examination Management

Leading an audit or exam of a financial institution* onregulatory compliance matters. Credits Credits Earned

1-5 Years 1/yr.

Professional AML Experience

AML must be a significant portion of the job responsibilities. Credits Credits Earned

1 Year 1

2-3 Years 3/yr.

4-5 Years 5/yr.

Training Please also complete the Specialized Training Worksheet on page 9.

Training limit of 10 credits per 2 years in the following areas:

- Risk Assessment (RA)

- Policies and Procedures (P&P)

- AML Audit Processes (AML Audit)

- Transaction Monitoring (TM)

- Identifying and Reporting Suspicious Activity (SAR)

- Compliance Monitoring/Corrective Action

- Testing/Validation (COM)

- Training (TRN)

Credits Credits Earned

3 Hours of Training 1

Certification

Audit Certification

Limit to 1 active certification -please provide the date in which

the certification was earned. Credits Credits Earned

Certified Internal Auditor (CIA)

Certified Information Systems Auditor (CISA)3

TOTAL

Eligibility Criteria Worksheetplease submit with application



Date Title Sponsor

(Organization)

Audit Area Hours Training Type Credits

EXAMPLE

8/9/12 Effective FinancialInvestigations

Strategies

ACAMS SAR 3 Hours Web Seminar 1

Specialized Training Worksheetplease submit with application



CAMS-Audit ApplicationEmail the application and all required documentation and the appropriate fees [email protected]. You may also mail or fax in your application; however, please keep in mind thatmailing in your application may delay the application process. Our mailing address and fax number are:

Brickell Bayview Centre: 80 SW 8th Street, Suite 2350, Miami, FL 33130 Fax: +1 305.373.7788

Personal Information (please print using black or blue ink)

Name: (As you want it to appear on your certicate) ACAMS Member Number

Company/Organization Name Job Title

Street Address:

City State/Province Zip Code/Postal Code Country

E-mail Address 1 Alternate Email Address

Daytime Telephone Number Alternate Telephone Number Fax Number

Your certicate will be mailed to the address listed above. Please notify ACAMS as soon as possible if this information

changes. Fill out the form below if you would like your certicate mailed to a different address.

Name Street Address

City State/Province Zip Code/Postal Code Country:

Payment may be made by credit card, personal check, cashiers check, money order or wire transfer. Checks must be made

payable to ACAMS.

Pricing:Private Sector: $4,850 Public Sector: $4,268

Payment method:

p Bill my company (IMPORTANT: Payment must bereceived before the application deadline).

p Check payable to ACAMS

p Wire transfer to: Comerica Bank San Jose, CARouting number: 121137522SWIFT Code: MNBDUS33

p Credit card

p MasterCard p Visa p American Express

p Discover p Diners Club

I agree to pay the above amount according to the card

issue agreement.

Cardholders name:

Card number: Exp. Date

CVV2 Code:(3-digit code found on the back of your VISA/Mastercard or 4-digit code found onthe front of your American Express card)

Signature:



Affi davitI certify that I have read and agree to the terms and conditions set forth in the handbook and application. I certify that the

information submitted in this application is complete and correct to the best of my knowledge and belief. I understand

that, if the information I have submitted is found to be incomplete or inaccurate, my application may be rejected and my

designation revoked.

I certify that I have never been convicted of a felony (or in a military service convicted by a general court martial) and

that there is no criminal charge now pending against me. I certify that I have never had a professional membership, license,

registration or certication denied, suspended or revoked (other than for lack of minimum qualications or failure of

examination), and that I have never been censured or disciplined by any professional body or organization.

I understand that approval of my application is contingent upon the results of a possible investigation of the truthfulness

and accuracy of all information I have provided. I authorize ACAMS and its agents to discuss the results of such a review

with all persons involved in the application process. I give consent for all contacted persons to provide information concern-

ing me and/or my application, and I release each such person from liability for providing information to ACAMS and its

agents. I understand that any false or misleading statement, misrepresentation, or concealment or material omission of

the information I have provided or failed to provide on my application and attachments may be grounds for rejection of

my application.

Signature



Request for SpecialAccommodations Form Part IIf you have a disability covered by the Americans with Disabilities Act, please complete this form and the Docu-mentation of Disability-Related Needs so your accommodations for testing can be processed effi ciently. Theinformation you provide and any documentation regarding your disability and your need for accommodation in

testing will be treated with strict condentiality.

Candidate Information

Name: Organization:

Address:

City: State: Country: Zip Code:

Phone: Email:

Special Accommodations

Please describe your disability:

Please provide (check all that apply):

p Special seating or other physical accommodation p Large Text/Magnied screen

p Reader p Extended exam time

p Separate testing area p Other special accommodations (Please specify)

Comments:

Signature Date: Day/Month/Year



Request for SpecialAccommodations Form Part IIDocumentation of Disability-Related Needs

Please have this section completed by an appropriate professional (education professional, physician, psycholo-

gist, psychiatrist) to ensure that Kryterion is able to provide the required test accommodations.

Professional Documentation

I have known since / / in my capacity as aExamination Candidate Date Professional Title

The candidate discussed with me the nature of the examination to be administered. It is my opinion that, because of this candidates

disability described below, he/she should be accommodated by providing the special arrangements listed on Part I of this form.

Description of disability:

Signature Title

Printed Name

Address

Telephone Number Fax Number

Date

License# (if applicable)

Return this form with your examination application and fee to:

ACAMS

Attn. Certication Department


80 Southwest 8th Street, Suite 2350

Miami, FL 33130 USA

Fax: +1.305.373.7788 or +1.305.373.5229



Administrative SessionThis hour-long webinar will provide an overview

of program logistics, timelines and other details.

Self-StudyParticipants will be required to complete pre-class assign-

ments prior to attending the classroom session. Partici-

pants should plan to spend 8 - 10 hours reading, research-

ing and completing exercises that will be used in the

classroom session. All pre-class assignments will be tied to

classroom activities.

3-Day Live CourseThe live course is comprised of:

Lecture

Where needed to introduce topics and establish the

foundation for discussions and exercises.

Discussion

This course is designed create dialogue and interaction.

Participants will be encouraged to engage in discussions

focused on various aspects of AML audit.

Exercises

In-class exercises are designed to leverage the results of

pre-class activities and immerse participants in interactive

situations and work groups, allowing them to put concepts

into practice.

Final Exam - Publishable White PaperParticipants will be required to write a white paper, which

will be graded as the nal exam, on one of several topics.

Papers will be available to ACAMS members online or in

print. Benets include:

Establishing expertise for participants

Building intellectual capital for association members

Cutting edge analysis on major/emerging issues

Course Outline

cams audit handbook update 8-05-2013 (1)

Documents

cams audit handbook

orgabout camsaudit

audit process

role of audit

aml training

specialized training

eligibility criteria

application process