Certified AML-KYC Compliance Officer

How It Works

  1. 1. Select Certification & Register
  2. 2. Receive Online e-Learning Access (LMS)
  3. 3. Take exam online anywhere, anytime
  4. 4. Get certified & Increase Employability

Test Details

  • Duration: 60 minutes
  • No. of questions: 50
  • Maximum marks: 50, Passing marks: 25 (50%).
  • There is NO negative marking in this module.
  • Online exam.

Benefits of Certification


$49.00 /-
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Become a certified AML-KYC Compliance Officer with Vskills, India's leading certification body. This certification course equips you with essential skills in Anti-Money Laundering (AML) and Know Your Customer (KYC) practices. Ideal for banking, finance, and compliance professionals, the course offers lifetime access to learning materials, job assistance, and a lifetime-valid certificate.

Why should I take Vskills AML-KYC Compliance Certification?

The certification is aimed at enhancing the quality of compliance with the directions of RBI in combating illegal operations and movement of funds through the use of banking channels.  KYC and Anti Money Laundering operations have assumed added importance owing to the security risk that it poses to the country, and also to maintain the financial health of the institutions.

How will I benefit from taking AML-KYC certification?

KYC and Anti Money Laundering certification is being increasingly taken by a large number of working professionals in banking and finance field. Also, students desirous of entering banking and finance sector, find this certification as a useful addition to their CV.

Corporate training is also available, click here to know more.

AML-KYC Table of Contents

https://www.vskills.in/certification/certified-aml-kyc-compliance-officer-table-of-contents

AML-KYC Sample Questions

https://www.vskills.in/certification/certified-aml-kyc-compliance-officer-sample-questions

AML-KYC Practice Questions

https://www.vskills.in/practice/aml-kyc

AML-KYC Tutorials

https://www.vskills.in/certification/tutorial/aml-kyc/

AML-KYC Interview Questions

https://www.vskills.in/interview-questions/accounting-banking-finance-interview-questions/aml-kyc-interview-questions

Domain Expert Talks - 

Companies that hire Vskills AML-KYC Certified Professionals

Vskills Certified AML-KYC Compliance Officer can find employment in all kind of finance and banking companies, big or small, since maintaining AML and KYC compliance is a crucial part for them.

AML-KYC Related Blogs

Checkout the latest online blogs on AML-KYC.

AML-KYC Jobs

Checkout the various job openings for AML-KYC Compliance Officer, click here..

AML-KYC Internships

Vskills runs its flagship internship program where bright interns work with academic council, click to know more details..

Apply for AML-KYC Certification

By Net banking / Credit Card/Debit Card

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TABLE OF CONTENT

Introduction

  • What is Money Laundering?
  • Prevention of Money Laundering Act, 2002
  • Global Phenomenon
  • Tainted Money or Dirty Money
  • Washing of “Dirty” Money
  • Money Laundering – Case Studies

Money Laundering - Process & Methods

  • Process of Money Laundering
  • Process of Money Laundering – Case Studies
  • Methods used for Money Laundering
  • Role of Technology
  • Sources of Tainted Money
  • Effects of Money Laundering
  • Economic Effects
  • Terrorist Financing
  • Informal Value Transfer Systems
  • Suspicious Conduct and Transactions
  • Unusual Transactions
  • Non-Face-to-Face Customers
  • Politically Exposed Persons

Legislation & International Cooperation

  • Legislations against Money Laundering
  • Financial Action Task Force (FATF)
  • Anti-Money Laundering Measures in India
  • RBI Guidelines regarding AML
  • Role of IBA Working Group
  • Technology in AML Measures
  • BASEL Committee
  • European Union Directives on Money Laundering
  • UK Regulatory Framework
  • UN RESOLUTIONS
  • The Wolfsberg Principles
  • US Regulatory Framework
  • Other Global Initiatives
  • Money Laundering Avoidance Software

Role of Correspondent Banking

  • Introduction
  • Policies and Measures
  • Wire Transfer
  • Role of Ordering, Intermediary and Beneficiary banks

KYC – Know your customer

  • Basic Definitions
  • Customer Profile
  • BASEL Committee on KYC Policies
  • KYC Policies and RBI’s Initiative
  • Organizational Structure in Banks

KYC - Operating Guidelines

  • Customer Profiling
  • Opening of Accounts
  • Suggested Safeguards
  • Closure of Accounts
  • Monitoring of Accounts
  • Credit Cards/Debit Cards/Smart Cards/Gift Cards
  • ‘At Par’ Cheque Facility
  • Combating Financing of Terrorism
  • Jurisdictions to not apply the FATF Recommendations

Internal Controls and Structure In Banks

  • Roles and Responsibilities of the Staff
  • Roles and Responsibilities of Board of Directors and Senior Management
  • Role and Responsibilities of the Principal Officer
  • Role and Responsibilities of the Internal Audit/Internal Control Teams
  • Role and Responsibilities of the Business Groups
  • Designated Director
  • Internal Investigations
  • Closing the Account
  • Mutual Legal Assistance Treaties
  • Financial Intelligence Units

Customer Risk Categorization (CRC)

  • Customer Risk
  • Need for Risk Categorization
  • Customer Acceptance Policy (CAP)
  • Customer Identification Procedure (CIP)
  • Customer Due Diligence (CDD)
  • Risk Scoring Model

Reporting Obligations

  • Cash Transaction Reporting (CTR)
  • Counterfeit Currency Reporting (CCR)
  • Suspicious Transaction Report (STR)
  • Non-Profit Organization Transaction Reports (NTRs)

Transaction Monitoring

  • Approach of Banks for Monitoring of Transactions
  • Essentials of Transaction Monitoring process
  • Methods of Monitoring
  • Suspicious Transaction
  • Name Screening

Staff and Customer Awareness

  • Training Methods
  • Records of training
  • Customer Awareness on AML
  • Training Program

KYC – Updation

  • Need for KYC Updation
  • Approach for KYC Updation
  • Scope of KYC Updation

Career Guide: Domain Expert Interviews

  • How to make a Career in Financial Crime – @Manish Kumar Bisht
  • 5 most important skills to become successful in the field of AML and Compliance – @Rozy Setia
  • How to build a career in Risk and Compliance – @Aparna Gupta
  • How to Succeed in Compliance | Tips and Tricks – @Sambhav Pati
  • Roles and responsibilities of a Financial Crime Professional – @Bipin Nair
  • What it takes to become a GRC Specialist – @CA Dilip Jain
  • Career Advice for AML-KYC Professionals -@Girish Mallya
  • How to become a successful Fraud Investigator – @CA Kanwaljeet Kaur Soni
  • 5 most important skills for a Risk & Compliance Professional – @Sheetal R Bhardwaj
  • Latest trends in AML-KYC – @Srujan Alikanti
  • Common Mistakes done by new entrance in AML-KYC Compliance – @Vishwanath Chaganti

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