Introduction to Customer Risk Rating
- 100 Minutes
- All Levels
- 20 Lessons
- 1 Quiz
This Customer Risk Rating AML online course will give you the opportunity to have an insight into the world of AML Risk Rating and the factors to be considered within a relationship. The course is designed for professionals who work in a regulated sector or anywhere large amounts of money, property or goods are bought, leased, sold or exchanged.
In this course you will learn about the following:
- Describe the difference between Money Laundering and Terrorist Financing
- Raise awareness by explaining what Risk Categorization is and how crucial it is for individuals to be aware of any of the red flags while performing a review of a client.
- Demonstrate a good level of understanding of the different risk factors to be mindful prior or during the lifespan of the relationship
- Understand what Risk Based Approach is and when to apply.
Who is the course suitable for?
- Anyone with an interest in Anti Money Laundering/Know Your Customer
- New entrants in AML Compliance/Client onboarding roles
- Consultants, Project managers, operational staff or anyone whose role involves managing risk in the customer onboarding process
Benefits of taking this AML/KYC course:
Enhance your knowledge, stand out from the rest of your peers but most importantly it will keep you in compliance with the current AML regulations with your jurisdiction where professionals are required to be trained on AML on an ongoing basis.
This course can be taken at your own pace in any of the following formats:
- Desktop
- Laptop
- Tablet
- Smartphone devices
This course includes:
- 80 minutes video lessons,
- End of course quiz 10 questions -20mins
- Certificate of Completion
Course Curriculum:
- What is Money Laundering and Terrorist Financing
- The Money Laundering cycle
- Where does money laundering occur
- What is Risk Categorization
- What are the levels of Risk Rating
- Factors to consider at the time of Risk Rating a customer
- What is customer Risk
- What is industry Risk
- What is geography Risk
- What is Products and Services Risk
- What is Enhanced Due Diligence
- What is a Risk Based Approach
- Course Recap
- End of course Quiz – 10 questions – 20
As well as the above courses, we can also work with you to tailor make your training which will cater to your business needs.
- Understanding Source of Wealth and Source of Funds
- Introduction to Customer Risk Rating
- What are Virtual Currencies
- Introduction to Screening
- Understanding Red Flags
AML Video Tutorials
As well as providing online courses, we also provide a wide range on AML tutorial videos. Each video focuses on a chosen subject and explains the processes in a clear and engaging way. Some of the videos we provide are:
- The difference between Tax avoidance and Tax evasion?
- What are Red Flags?
- What is Customer Due Diligence?
- What is a PEP?
- What is Transaction Monitoring?
We have numerous AML Tutorial videos readily available, but we can also work with you to customize videos to meet your own AML business needs.
