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Unfortunately, I am probably a bad example. I had been working in AML for awhile, studied for two weeks and passed. Test was still tough though. I think the average amount of time is about 6 weeks to 4 months depending on how much time you can dedicate while still working. Focus on the Compliance and investigation sections
RSM 1 would you mind sharing how long did the testing process took you from the beginning till the end? And what is your study habit, ex: working while studying or strictly studying? Thank you!
Certified and definitely worth getting if it is the field you are trying to work in or are already participating in. It is definitely a certification that is viewed highly in the industry. The test is not easy though, so definitely study
If you plan on staying in AML or breaking into it, I highly recommend getting it, as employers and clients like seeing it as a credential. I found going through the study guide (and of course, industry experience) to be the most beneficial for the exam. I personally found the online class to be a waste, as it just has the study guide in PowerPoint format.
I have it. Basically just listened to the provided audiobook. All memorization really.
If you have worked on any AML engagement for 3-6 months you will ace the exam with a week of preparation. Exam is super simple I breeze through it in less than 50% of the time allocated. Companies like the CAMS credential though to be honest exam material is very basic doesn’t add much to your knowledge.