Instructor: Dr. Yimin Yang
Class Time: Mon 3:05PM – 5:35PM
Duration: 2/23/2026 – 4/06/202
What is AML? It is one of today’s hottest areas in risk management. Traditionally a compliance function, Anti-Money Laundering (AML) (and Know-Your-Customer, KYC) is becoming a critical gatekeeper to safeguard banks and financial institutions. Fueled by recent cryptocurrency mania, AML jobs are expected to be in high demand and job security is guaranteed. Its required risk-based approach is more challenging than typical fraud detection. With its massive data sets, quantitative talents find opportunities in a field traditionally appealing to policy and procedure expertise. This course introduces basic concepts and requirements for AML/KYC, as well as certain quantitative techniques to prepare students for a career in AML/KYC.
This course will be taught by Dr. Yimin Yang, who has extensive background in quantitative modeling in finance. He received PhD in Math from the University of Chicago in 1992. He has 25+ years of industry experience, including senior positions on large banks such as PNC and Truist as well as financial consulting firm Protiviti. He recently co-founded a commercial bank in Atlanta. He has been a speaker to QFC courses over the last two years, and he advised our students on career paths and research projects.