Overview: This enhanced program aims to equip analysts with essential KYC knowledge and hands-on experience using AML Custodians AI. Participants will learn to perform effective KYC procedures, understand key concepts, regulations, and best practices
Schedule: Batches are for Week days and Weekends
Target Audience: Analysts, junior compliance officers, and professionals involved in KYC compliance and customer due diligence processes.
Certification: Participants who successfully complete the program will receive a certificate of completion from AML Custodians, demonstrating proficiency in KYC compliance, due diligence practices
Trainers: Hemanth K
Director : Ratna Singh
Program Modules:
Module 1: Introduction to KYC Compliance
Overview of KYC principles and objectives
Regulatory framework and compliance obligations
Importance of KYC in combating financial crime
Module 2: Customer Identification and Verification
Types of customer identification documents
Verification methods and procedures
Red flags indicating potential identity theft or fraud
Module 3: Risk Assessment and Categorization
Understanding customer risk profiles
Risk factors and indicators
Risk-based approach to KYC and customer due diligence
Module 4: Customer Due Diligence (CDD)
KYC documentation requirements
Conducting background checks and screening
Assessing and documenting customer risk levels
Module 5: Enhanced Due Diligence (EDD)
Circumstances warranting EDD measures
Enhanced screening techniques and tools
Developing risk mitigation strategies for high-risk customers
Module 6: Global KYC requirements for different entities
Partnership, Trust & complicated Beneficial ownership puzzles
Private company
Inputs for Sourcing Documents
Identifying potential red flags
Case studies
Module 7: Practical Application of KYC
Practical Search on Public domain
Hands-on training:
KYC
Module 8: Interview guidance session
Interview Guidance Session
Trainees LinkedIn Optimization
Learning Outcomes: By the end of this program, participants will:
Understand KYC principles, regulatory frameworks, and compliance obligations.
Be proficient in customer identification, verification, risk assessment, and due diligence processes.
Gain practical experience using AML Custodians AI to enhance KYC procedures.
Develop skills to identify and mitigate risks associated with customer onboarding and monitoring.
Enhance communication and collaboration skills within compliance and investigative teams.
Materials Provided:
KYC Material & Practical Tool guide
Interview guidance tool guide
Technical Requirements:
Stable internet connection
Devices (laptops or tablets) for participants
Access to AML Custodians AI software
Next Steps:
Encourage participants to explore and integrate AML Custodians AI in their organizations.
Provide post-training support and resources.
Offer advanced-level certification programs for further expertise.