Summary

This course is designed for finance professionals to develop a comprehensive understanding of customer risk profiling. It covers essential concepts such as risk assessment criteria, regulatory frameworks, risk categorisation, red flags, and ongoing monitoring.

This course is one of several courses within the Certificate in Know Your Customer. If you wish to achieve this award, you must complete this course along with all other mandatory courses in the associated learning plan.

Audience

Course Objectives

• Understand the importance of customer risk profiling in financial compliance
• Identify key factors used to assess customer risk levels
• Categorise customers into appropriate risk tiers
• Detect red flags that indicate potential financial crime risks
• Implement effective ongoing monitoring and risk mitigation strategies

Course Structure

• Section 1: Introduction to Customer Risk Profiling
• Section 2: Risk Assessment Criteria
• Section 3: Identifying Red Flags in Customer Transactions
• Section 4: Ongoing Monitoring and Risk Mitigation
• Section 5: Role of Technology in Customer Risk Profiling
• Section 6: Case Studies
• Knowledge Evaluation

Duration & CPD Hours

This course should take you between 45 and 90 minutes, depending upon your pace of learning. Additionally, this course is accredited by The CPD Certification Service and carries 1.5 CPD hours.