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Anti-Money Laundering Professional Certification®

Candidate Requirements

Candidates for the Anti-Money Laundering Professional (AMLP) designation must meet specific requirement within the following categories:

• Proof of completion of a Bachelor's Degree (A photocopy of an official transcript or an diploma demonstrating completion of a Bachelor's Degree, or written proof of completion of a degree program)
• A professional resume that details your work history; a minimum of 3 yrs in area of AML, BSA, OFAC, & USAPA.
• A one-time application fee
• Agreement to uphold the AMLP Code of Ethics
• Successful completion of the examinations
• A letter of recommendation from candidate's management

Click here for BAI AMLP Certification application and fee information.

Requirements to sit for the exam - WITHOUT DEGREE:

1. Resume that details 5 years of banking, a minimum of 3 yrs in area of AML, BSA, OFAC, & USAPA
2. Agreement to uphold the AMLP Code of Ethics
3. Letter of Recommendation from Supervisor

Additional details about required documentation follow. Once compiled, please forward all documentation to:

AMLP Program
BAI
One North Franklin, Suite 1000
Chicago, IL 60606-3421
United States

All documentation will be reviewed by BAI Center for Certification before the review evaluation will be performed and the certification can be issued.

Professional Experience and Education Requirements

The professional experience and education requirements for applicants taking the exam are:

• A Bachelor's Degree from an accredited college or university with work experience of at least three years in the fields of AML, BSA, Suspicious Activity Reporting (SAR), OFAC and the USAPA.

Ethics

All AMLPs must sign an agreement stating that they understand and agree to adhere to the AMLP Code of Ethics. Click here to review AMLP Code of Ethics. The form can be printed, signed and returned to BAI Center for Certification along with the other required documentation.

The Examination Process

Each professional must complete a 150 multiple-choice question proficiency exam. The exam is based on the following areas: AML and BSA laws and rules, SAR, OFAC procedures and USAPA laws.

Examinations will be administered June 19-20, 2008. A passing grade of 70% on each exam is required to earn the certification.

Letter of Recommendation and Attestation

In addition to the successful completion of the exam, a letter of recommendation and attestation to the candidate's work experience by an executive in your organization (i.e., CEO, President, and Department Head) must be provided, if it has not already been received. Include AML and BSA experience.

Cancellation/Refund/Transfer Policy

The program application fee is non-refundable. Full examination fees will be refunded upon written notice to BAI Center for Certification. This notice must be postmarked on or before the cancellation deadline. No refunds will be made after the cancellation deadline. Each candidate may transfer his/her exam registration once (to the next consecutive examination) without penalty upon written notice to BAI Center for Certification. This notice must be postmarked on or before the cancellation/transfer deadline. Additional transfers will not be permitted.

Re-registration for Failed Exam

Candidates must re-register following a failed examination and pay the corresponding examination fee again. Candidates can re-register for the examination by calling Customer Service at 800-224-9889 or 312-683-2494.

Application and Fees

Click here for application and fee information.