Course description
ICA Advanced Certificate in Practical Customer Due Diligence (CDD) Course
The CDD training course covers best practice in dealing with Customer Due Diligence and working with CDD documentation. Adequate due diligence on new and existing customers has never been so instrumental to protecting a business from reputational, operational, legals and financial risks.
Designed for KYC Analysts and professionals working with the CDD process, this course provides a practical qualification in CDD that will help you make clear and informed CDD judgements. In doing so, this course will also improve your ability to identify areas of potential risk for your firm in relation to Customer Due Diligence.
Benefits of studying with ICA:
- Flexible learning solutions that are suited to you
- Our learner-centric approach means that you will gain relevant practical and academic skills and knowledge that can be used in your current role
- Improve your career options by undertaking a globally recognised qualification that hiring managers look for as part of their hiring criteria
- Many students have stated that they have received a promotion and/or pay rise as a direct result of gaining their qualification
- The qualifications ensure that you are enabled to develop strategies to help manage and prevent risk within your firm, thus making you an invaluable asset within the current climate
Suitability - Who should attend?
This ICA course is suitable for professionals with an interest in furthering their knowledge of Customer Due Diligence (CDD). Qualified candidates may include:
- Those engaged in practical CDD - in an onboarding or remediation function
- Contractors who wish to enter the CDD environment
- Managers who oversee CDD teams
- Those responsible for creating/developing CDD frameworks
- New/recently appointed MLROs and deputies
- Internal auditors assuming responsibilities for money laundering/financial crime issues
- All individuals who aspire to a career in anti money laundering/CDD
ENTRY REQUIREMENTS
This Advanced Certificate is open to anyone who is interested in pursuing a career in the discipline. However, the content of the programme requires students to possess:
- Access to a laptop or desktop computer with headphones and microphone in order to access the virtual format of the programme (cannot dial-in or use audio only)
- Sound educational background
- Good written English skills
Outcome / Qualification etc.
Students who successfully complete the course will be awarded the ICA Advanced Certificate in Practical Customer Due Diligence and will be entitled to use the designation- Adv.Cert(CDD)
This qualification is awarded in association with Alliance Manchester Business School, the University of Manchester.
Training Course Content
This three workshop training programme will use CDD documents and hands-on learning to cover the following topics:
- Outcomes and success criteria of KYC
- Identification and verification
- Understanding the customer
- Understanding the relationship
- Beneficial ownership
- Understanding the control structure of the entity
- Customer screening
- Risk acceptance
- Enhanced due diligence
How will you be assessed?
- Three hour examination which comprises multiple choice questions and short form written response questions (including a section where you will be provided with a set of CDD documentation and asked to assess the information/respond to questions based upon them.)
- Pre-reading/exercises/tasks to be completed in advance of virtual workshops, delivered via the online learning platform.
- Four compulsory virtual classrooms covering key areas and embedding them through discussions and practical exercises (workshops are compulsory as part of the exam is based on the case study used in the workshops). The innovative workshop exercises that use mock CDD documents, genuinely reflecting the practical issues encountered in the CDD environment.
Reviews
Average rating 4.3
I attended a generally well run and informative course. The workshops in particular were excellent and made me wonder whether having one or two more would have been worthwhile, ...
I have already finished 4 courses and in all them I got all the support from ICT.
Expenses
In order to study for an ICA qualification you will need to become a member of ICA. If you're not currently a member of the ICA, membership will be added to your basket during checkout.
This training course is available as an open public course at the price of £1860 (+ VAT or local taxes if applicable).
This training course is also available as a bespoke in house training course if you have 10 or more Participants.
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International Compliance Association
Creating Compliance Leaders The International Compliance Association (ICA) is a professional membership and awarding body. We are the leading global provider of professional, certificated qualifications in anti-money laundering; governance, risk and compliance, KYC and financial crime prevention. These qualifications are...
If you wish to invest into your career, then certificates with ICT is definitely something to consider. I had the advanced course and was happy with the results. Good content, g...