The absence of adequate KYC standards can subject a firm to serious AML and financial crime risks. This certificate course is designed to provide detailed practical guidance for the design and implementation of consistency in KYC standards, client risk assessments, due diligence and KYC Data review and management programs.

Course Content

Areas covered include:

  • Dimensions of broad KYC programs (Policy, Procedures, Customer risk assessment & scoring, Consistent KYC Data standards).
  • Risk-Based Due diligence program (CDD, EDD, OSNIT Source of Funds & Wealth Validations
  • Types of Customers (Individuals, Individuals, Corporates, Charities and NGOs, Governmental bodies and Embassies Minors and Other Arrangements)
  • Beneficial Ownership & Control
  • Digital Identification and digital onboarding (digital ID Verification, eKYC, and proposed mechanism for implementing Digital ID.
  • KYC/CDD reviews & updates (Review of Key Risk information, Online KYC/CDD Updates, Dormant Accounts & Account Closures)
  • Digital Identity Highlights &Challenges, Biometrics, National Digital Identity, and much more.

 

Target Group

Customer services, Account Opening, front liners, and Back-office staff of traditional banks, FinTechs, Telcos, mobile money services, law firms, real estates, money service businesses, insurance, and other accountable institutions. As well as university graduates seeking jobs in the banking industry.

Course can be delivered as a 4* 4-hour sessions virtual training or as 2 full day face -to-face training workshop.

            Delivery Method – Instructor-led Virtual Training

            Duration: 16 Hours

           Cost: $500 USD; cost covers the following:

A 4*4-hour virtual sessions, One-year membership, and access to the candidate portal where you can download the program study guide, undertake the practice questions, and schedule your online proctored exam. And E-Certificate and verifiable digital badge when you pass the assessment. We also offer one exam retake for free. Course is accredited by the Global Compliance Institute (GCI)

            Delivery Method – Face-to-Face Training

            Duration: 16 Hours

             Cost: $600 USD; cost covers the following:

2 (two) full day face-to-face workshop sessions One-year membership, and access to the candidate portal where you can download the program study guide, undertake the practice questions, and schedule your online proctored exam. And E-Certificate and verifiable digital badge when you pass the assessment. We also offer one exam retake for free. Course is accredited by the Global Compliance Institute (GCI)

Enrol today to become a Know Your Customer Specialist (KYCS).  Interested? Apply here