Mastering Transaction Monitoring and Suspicious Transaction Reporting

Welcome to "Mastering Transaction Monitoring and Suspicious Transaction Reporting"! This comprehensive course is meticulously designed …

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Created by
Siorik Consultancy Pvt. Ltd
Categories
AML/CFT
Review

Course Description

Welcome to "Mastering Transaction Monitoring and Suspicious Transaction Reporting"! This comprehensive course is meticulously designed to equip you with an in-depth understanding of transaction monitoring and the critical process of reporting suspicious activities. Whether you are a beginner stepping into the world of Anti-Money Laundering (AML) and Counter Financing of Terrorism (CFT), or a seasoned professional seeking to enhance your skills, this course covers everything you need to know.

Throughout this course, we will delve into the foundational principles of transaction monitoring, exploring the regulatory requirements and compliance standards that govern this vital aspect of AML/CFT. You will learn how to set up a robust transaction monitoring program, identify suspicious transactions, and effectively report them. With real-world examples and case studies, we ensure that you gain practical insights and hands-on experience.

Moreover, we introduce you to advanced analytical tools, including machine learning techniques and data visualization using Power BI. These tools will empower you to analyze transaction data more efficiently and identify suspicious activities with greater accuracy. By the end of this course, you will be well-prepared to implement and manage an effective transaction monitoring system, ensuring compliance and mitigating risks in your organization.

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What you'll learn

  • Foundations of Transaction Monitoring and STR/SARs
  • Setting Up Transaction Monitoring
  • Identifying Suspicious Transactions
  • Reporting Suspicious Transactions
  • Advanced Analytical Tools
  • Common Pitfalls and How to Avoid Them

Requirements

  • Some basic knowledge of AML/CFT is required.
Introduction To Transaction Monitoring
2.04 min
Governance in Transaction Monitoring
3.23 min
Maturity Phases in Transaction Monitoring
6.09 min
Prequisites for Transaction Monitoring
4.52 min
Types of Transaction Monitoring
3.09 min
Transaction Monitoring Process
2.29 min
Data Visualization in Transaction Monitoring
5.0 min
Decision Making Model in Transaction Monitoring
4.04 min
Application of Decision Making Model in Transaction Monitoring
3.38 min
Collecting Information for Transaction Monitoring
3.51 min
Customer Segmentation for Transaction Monitoring
8.52 min
Typologies and Scenarios in Transaction Monitoring
2.44 min
Red Flags or Alerts in Transaction Monitoring
2.41 min
Linking Scenarios with Customer Segment
4.24 min
Pending Alerts and Transaction Look Back Period
3.58 min
Repoting Agent
0.15 min
Choices and Review by AML Analyst
1.02 min
Importants Points to Consider in Transaction Monitoring
7.39 min
Pitfalls to avoid in Transaction Monitoring.mp4
6.23 min
Post STR practices
1.26 min
Advanced Data Analytics Approach to Transaction Monitoring
0.59 min
Advance Analytics Approach- Text Mining
0.56 min
Advance Data Analytics - Pattern Analysis
11.1 min
Advance Data Analytics -Predictive Analysis
16.12 min
IT risks in Transaction Monitoring
2.03 min
Outsourcing Transaction Monitoring Function
4.03 min
Setting Threshold Values for Scenarios
10.5 min
Introduction to Suspicious Transaction Monitoring
9.23 min
Subpoena and Search Warrant
6.36 min
Conducting Financial Investigation
17.04 min
STR/SARs Decision Making Process
5.2 min
Creating Qualitative STR/SARs
4.32 min
Things to do after STR/SARs(BONUS TIPS!!!)
4.11 min
Dealing with investigation by law enforcement
10.48 min
Investigation by Law Enforcement
2.18 min
Mutual Legal Assistance Treaties
6.18 min
Financial Intelligence Units
3.26 min
Defensive STR/SARs filing
12.2 min
Human Intelligence vs Automation
10.52 min

About the instructor

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Siorik Consultancy Pvt. Ltd

Risk Management Professional
4.93 Instructor rating
0 reviews
2 students
courses

Siorik Consultancy Pvt. Ltd helps financial institutions and regulated businesses build AML/CFT programs that hold up under real scrutiny. We combine hands-on compliance advisory risk assessments, transaction monitoring, suspicious activity reporting with applied AI and data science, using predictive modeling to catch patterns that static thresholds miss. We also deliver structured training for compliance professionals, because strong programs need skilled people, not just the right controls. Whether you need a full program build-out, a targeted risk review, or expert support without the overhead of a full-time team, Siorik Consultancy Pvt. Ltd brings practical, technically grounded guidance to keep you ahead of risk and inspection-ready every day.

Student feedback

4.93

Course rating

5

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ENROLL
  • Duration
    3 hours 30 min
  • Lectures
    39
  • Enrolled
    2 students
  • Language
    English
  • Skill level
    Intermediate
  • Deadline
    Subscription
  • Certificate
    None