Financial Crime and Intelligence Analysis
Course Overview
In an era where Financial Crimes are rising, fraudsters are becoming increasingly difficult to find. However, there is a way for their easy detection, and that is through intelligent investigation propelled by financial crime analysis and intelligence gathering. This training will expose you to various tools, techniques, and knowledge to contribute to your investigative skills.
As a newbie or even an expert in the investigative support or financial crime analysis unit, one core function is the constant demonstration and articulation of the skills needed. To do this smoothly, you need unhindered access to information relevant to the commercial world. This means you must gain as much information as possible on the organization, institution, or people you engage with. This also extends to information on the market, how you operate, and whether such a market faces risks.
Course Objectives
By the end of this program, participants will be able to:
Explore the types of financial crimes and their impact on institutions and economies.
Utilize intelligence analysis techniques to detect financial crimes.
Strengthen internal controls to prevent and address financial crime risks.
Analyze financial data to identify suspicious activities.
Develop effective strategies to prevent financial crimes and mitigate risks.
Course Audience
Compliance and Anti-Money Laundering (AML) Officers.
Financial Crime Investigators.
Bank and Financial Institution Staff.
Auditors and Financial Reviewers.
Lawyers and Legal Advisors.
Course Methodology
This highly interactive training course is designed for financial institutions, regulators and law enforcement agencies. Utilizing case studies, exercises, and discussion sessions, the programme offers an unparalleled classroom or virtual based interactive scenario driven experience for the students.
Course Outline
Module 1: Introduction to Financial Crime Analysis
Overview of Financial Crimes (Definition – Analysis)
Role of Law Enforcement and Financial Crime Analysts
Functions and Sources of Information for Analysis
Relevant Penal Codes
Classification of Financial Crimes
Communication, Translation, and Data Analysis
Module 2: Application of Financial Crime Analysis
Identification of Financial Crimes
Crime Pattern Recognition
Crime Forecasting
Hot-Spot Identification (Density Mapping Tools)
Levels of Crime Analysis: Administrative, Strategic, Tactical
Structure and Functions of Crime Analysis Units
Specialized Areas: Major Crimes, Gangs, Victim-Centric Cases
Crime Reduction Strategies and COMPSTAT Analysis
Module 3: Financial Criminal Investigative Analysis
History of Investigative Analysis
Motives and Typologies of Financial Crimes
Criminal Profiling
Process of Profiling
Suspect Behavior and Psychological Characteristics
Financial Crime Deviants
Module 4: Reporting, Statistics, and Research
Principles of Research and Content Analysis
Research Design Concepts
Statistical Methods, Survey Techniques, and Sampling
Reporting and Documentation
Grants, Studies, Government Documents
Academic and Professional Writing
Software Programs for Research and Analysis
Administrative Documentation
COMPSTAT and Crime Reduction
Module 5: Analysis of Criminal Financial Intelligence
Fundamentals and History of Intelligence
The Intelligence Cycle
Handling and Developing Intelligence
Data Analysis and Critical Thinking in Intelligence Work
Tools and Techniques for Intelligence Analysis
Applications and Intelligence Products
Reporting: Writing, Presenting, and Briefing Intelligence Outputs
Module 6: Financial Crime Analyst and Social Media
Leveraging Social Media for Link Analysis and Intelligence
Platforms: LinkedIn, Snapchat, Instagram, Twitter, Facebook
Use of Software Programs, Public/Private and Open-Source Databases
Social Media Elements and Ethical Considerations
Module 7: Spatial Analysis and Financial Crime Mapping
Crime Mapping as an Analytical Tool
Methods of Crime Mapping
Visualization Techniques
Hot-Spot Identification and Mapping
Spatial Statistics and Analytical Approaches
Essential Components of Crime Maps
Module 8: Practical Realities of Financial Crime Analysis
Developing Analytical Products and Daily Reports (Charts, BOLOs, Link Charts)
Preparing “Six-Packs”, Graphic Design, and Visualization Tools (e.g., Photoshop)
Information Sourcing: Dispatch Data, Records, Images, CCTV, ALPR Systems
Integration of Records and Evidence
Module 9: Officer Briefings and Court Testimony
Pitching Analytical Findings to Law Enforcement Officers
Preparing for Court Testimony and Legal Presentations
Producing and Delivering Professional Data Products
Lessons Learned: Best Practices and Pitfalls to Avoid