KYC SPECIALIST - CLIENT ON-BOARDING EXPERT
What you'll learn
- STUDENTS WILL LEARN ABOUT CLIENT ON-BOARDING PROCESSES.
Requirements
- NO PREREQUISITE FOR THIS COURSE.
Description
In the current world, Many organization onboarding customers without collecting complete information. The trouble starts when a regulatory inspection or investigation starts and you have to provide all the information about your clients to the Regulator / Third party. It is important to keep in mind the stakeholders of the KYC information at the time of designing the on-boarding forms & manuals to ensure the protection of the organization's reputation. Please note that every firm has its own internal checks and rating methodologies. We emphasis mainly on the completeness of the data collection here, and not on the mode of data collection (through ID microchip or Computer-readable passports).
We will cover the following stages of the client onboarding.
1. CUSTOMER IDENTIFICATION: What is the documents required to establish customer identity.
2. CUSTOMER DUE DILIGENCE: This will cover the purpose of account opening, verification of sources of wealth & funds, & reference checks.
3. NOMINATIONS & DECLARATIONS: What sorts declaration required to cover the bank from unseen threats & to product our institution interest.
4. INTERNAL CHECKS: What sort of assessment required to be carried out from the documents received, from public media and other resources such as PEP/Sanctions checks, social media check etc.
THE TYPES OF ENTITIES THAT WILL BE COVERED FROM KYC (KNOW YOUR CLIENT) PERSPECTIVE ARE AS FOLLOWS.
1. INDIVIDUALS
2. SOLE PROPRIETORSHIP BUSINESSES
3. PARTNERSHIPS BUSINESSES
4. LIMITED LIABILITY COMPANY (LLC) (PUBLIC & PRIVATE BOTH)
5. FUNDS
6. TRUST (THE HIGH-RISK CORPORATE VEHICLE)
THIS ONE HOUR COURSE WILL ACT AS A CHECKLIST FOR YOU AT WORK IN ORDER TO ENSURE THAT YOU DO NOT MISS ANY STEP OF VERIFICATION AT THE TIME OF CLIENT ONBOARDING.
Who this course is for:
- COMPLIANCE, KYC ASSOCIATES, CLIENT ON BOARDING OFFICERS, CLIENT SERVICES EXECUTIVES.
Course content
- Preview04:19
- Preview02:10
- Preview00:30
Instructor
![CAMS COACH](data:image/svg+xml,%3Csvg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 64 64"%3E%3C/svg%3E){kind=avatar}
- 3.9 Instructor Rating
- 203 Reviews
- 1,064 Students
- 22 Courses
CAMS COACH is the LEADER and one of the TOP UDEMY SELLER for CAMS (Certified Anti Money Laundering Specialist) & CGSS (Certified Global Sanctions Specialist) practice exam provider. Started in April 2020, our courses' enrollments have crossed 1000 students with more than 1400 transactions across various courses from more than 100 different countries around the globe.
Our team is not only qualified in these courses but also has decades of experience in these specialized fields. We are continuously growing our team and aiming to provide the most latest question banks for professional qualifications well recognized in the professional world.
Some of the characteristics of our courses are,
1. Most up to date questions' banks with regular periodic updates.
2. Provides the confidence student needs to clear the exams.
3. The right blend of Theory & Practice questions to reflect the exam environment.
4. Right answers are supported with explanation and book references to avoid any conflict with the text material.
5. Exam-style mock exams to test your knowledge and build your stamina for the final exam.
Thanks for visiting our page. We hope to see you enrolled in our courses and feel free to reach out to us in case if you need assistance. Feel free to let us know as well how can we serve you better.