Instead of creating a risk assessment tool from scratch, use our free AML Risk Assessment Template.
Easily customize it to document inherent risks, apply risk ratings, and maintain clear compliance records.
What Is an AML Risk Assessment Template?
An AML (Anti-Money Laundering) risk assessment template is a structured document used by financial institutions and regulated businesses to identify, evaluate, and prioritize the risks of money laundering and terrorist financing within their operations.
By using this template, organizations can ensure regulatory compliance, allocate resources effectively to high-risk areas, and demonstrate to auditors and regulators a proactive, documented approach to combating financial crime.
Download Spreadsheet Daddy’s Free AML Risk Assessment Template
Our AML Risk Assessment Template gives you a clear, organized way to track compliance risks, control measures, and review status all in one place.
What’s included
- Structured risk register layout: The template is organized as a single-tab spreadsheet with a clean grid of rows, so you can log and track as many individual risk factors as your business needs without altering the design.
- Comprehensive risk documentation columns: Nine dedicated columns, including Risk Factor, Category, Risk Description, Risk Level, Control Measures, Responsible Person, Review Date, Status, and Notes, let you capture the full lifecycle of each identified risk, from initial description through mitigation and ongoing monitoring.
- Categorization and prioritization fields: The Category and Risk Level columns allow you to group risks by type (e.g., customer, geographic, product, or transaction-related) and flag their severity, making it easy to sort and prioritize the highest-risk areas first.
- Accountability and review tracking: Dedicated Responsible Person, Review Date, and Status columns build ownership and cadence directly into the sheet, so nothing falls through the cracks and every risk has a clear owner and next check-in point.
Add or remove columns as needed to fit your organization’s specific workflow.
Select your preferred format below to download a free, editable AML Risk Assessment template:
How to Use Our AML Risk Assessment Template
1. Download the AML Risk Assessment template in Excel or PDF, or save your own editable copy in Google Sheets.
2. Document key AML risk details by recording the risk factor, risk category, description, risk rating, mitigation controls, assigned owner, review schedule, and current status.
3. Use the Notes section to document supporting observations, identified gaps, and planned mitigation actions.
