AML Risk Assessment Masterclass

Client risk assessment from AML perspective is a regulatory requirement. It is critical for every firm to correctly risk rate their clients as per regulatory guidelines. Failure to correctly risk rate clients mayresult insubstantial regulatory fines, financial loses and failing to prevent the flows of illicit fundsthrough financial services industry.

Why take this course

This masterclass is aimed at developing crucial skills of applying spirit of regulatory requirements, riskbased approach and performingholistic AML risk assessment. The masterclass is comprised oftheoretical regulatory knowledge, practical examples of risk assessment of each core risk parameter,supported by interactive discussion sessions to achieve thorough understanding required forcriticaldecision making.

It is critically important for every institution to correctly risk assess their clients from AML perspective. Failure to correctly identify and mitigate AML risks may lead to regulatory fines and expensive remediations.

The masterclass is comprised of theoretical regulatory knowledge, practical examples of risk assessment of each core risk parameter, supported by interactive discussion sessions to achieve thorough understanding required for critical decision making.

  • KYC Analysts
  • AML Officers
  • Relationship Managers
  • Compliance Professionals
  • Financial Crime Advisors
  • Overview of key regulations
  • Fundamentals of financial crime
  • Conducting a holistic risk assessment
  • Understanding key risk pillars
  • Critical decision making

Delegates of this masterclass shall be assessed through a multiple choice test at the end of the training session. Upon successful completion of this masterclass, delegates will be awarded Sigma Risk certification.

This masterclass may be delivered in person at client premises, at external location or virtually via Zoom or MS Teams.

Full Suite of Sigma Risk Masterclasses

Sigma Risk Masterclass was a perfect training tailored exactly for the needs of our company as it was customized due to the different experience and AML knowledge of the attendees. It was a mix of theoretical introduction, real life cases, group discussion and video materials. Whole session was very interactive and all questions from the floor were handled smoothly by the trainer, supported by practical examples. Our staff praised not only the trainer, but also the content that was delivered and requested more training in the future. EMP Systems Limited can highly recommend Sigma Risk as one of the top consulting and training firms in the industry and we will be thrilled to cooperate in the future.

Jacek Chojnacki

Money Laundering Reporting Officer