KYC/CDD
Know Your Customer/ Customer Due Diligence (KYC/CDD). This training has been carefully designed for persons who want to become a KYC or Financial Crime/ AML Analyst across Financial Institutions, Law Firms, Accounting Firms and Government Establishments.
Some of the course modules include: Practical KYC (Live use of various KYC search engines and screening tools), KYC Regulatory Framework, KYC Process Flow, High Risk Factors, Levels of Due Diligence (Simplified, General and Enhanced Due Diligence), Client Identification Programme (Identification and Verification - ID & V), Name Screening (PEPs, Sanctions and Adverse Media), Dilution of Ownership, Significant Controllers, Product Due Diligence (Trade Finance, Retail, Investment Banking Products), MiFID, FATCA / CRS
Unique requirements for various entity types: Private Limited Companies, Trusts, Charities, Foundations, Schools, Sovereign Wealth Funds, Limited Liability Companies, Limited Liability Partnerships, Individuals, State Owned Bodies -SOE, Hedge Funds, Pension Funds, Mutual Funds, Private Equity Funds, Special Purpose Vehicles, Private Investment Vehicles, Correspondent Banks, Banks and Non-Bank Financial Institutions.
Business Analysis
We provide bespoke BA training in Regulatory Change / Financial Crime, KYC Client Due Diligence domains. These are spread across multiple practical projects that will give you necessary experience towards a great Financial Crime Business Analysis Career
Some of the topics we cover are: Wireframing, Requirement Engineering, Project delivery methodologies, Project Life Cycle, BA templates (PID, BRD, PIP, Clarification Log, Impact Assessment, Change Log, Requirement Catalogue, RAID Log Project Plan using Gantt Chart), Advanced Microsoft Excel (Use of the developer tab, conditional formatting, Formula for BAs), Microsoft Word (Interactive table of contents) and Microsoft Power Point (Slide decks for workshops and walkthroughs).
We take you through the end to end process of various financial crime projects such as creating a risk engine, Score card, Harmonisation, Ring fencing, Data migration, Consolidation and other simplification projects.
Financial Crime
The key modules we cover under financial crime are: Review of PEPs, Sanctions and Adverse Media alerts, Correspondent Banking, Bearer Shares, Transaction Monitoring, Risk Based Approach (RBA), Statutory and regulatory framework and AML programme composition.
High risk industries/sectors Review including: Scrap Metal Dealing, Cash Intensive Business, Money Service Business (MSB), High Value Dealing, Mining, Oil and Gas Extraction, Adult Entertainment, Gambling Games and Betting. Fraud, Anti Bribery and Corruption - ABC, amongst several others.