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AML, KYC, Fraud, and Operational Risk Management

This course is designed to teach the fundamentals of Riyad Bank AML, KYC, Fraud, and Operational Risk Management processes and procedures.

This course is designed to teach the fundamentals of Riyad Bank AML, KYC, Fraud, and Operational Risk Management processes and procedures.

Author: بنك الرياض

Duration: 1h 24m · 24 lessons
Language: English

Skills you’ll gain

Credit Risk ManagementFinancial Risk ManagementOperational Risk ManagementRisk ManagementCertified Financial Risk ManagementCertified Financial Risk Manager

What You'll Learn

  • Understand the fundamentals of Riyad Bank's AML, KYC, Fraud, and Operational Risk Management processes and procedures
  • Identify methods used for money laundering and follow reporting procedures for suspected transactions, including reporting via the intranet
  • Apply Know Your Customer (KYC) requirements and handle politically known customers
  • Recognize the role of the Financial Action Task Force (FATF) and Saudi Arabia's AML and CTF efforts
  • Define fraud and apply SAMA regulatory requirements, roles, and responsibilities for fraud risk and prevention
  • Manage operational risk through established procedures, examination and investigation responsibilities, and loss analysis

Key Takeaways

  • The course covers Riyad Bank's processes and procedures for AML, KYC, fraud, and operational risk management.
  • It addresses anti-money laundering and counter-terrorist financing, including methods used for money laundering and reporting procedures for suspected transactions.
  • It examines the role of the Financial Action Task Force (FATF) and Saudi Arabia's AML and CTF efforts.
  • It defines fraud and covers SAMA regulatory requirements, roles and responsibilities, and fraud risk and prevention.
  • It explains operational risk management procedures, examination and investigation responsibilities, and insurance and operations loss analysis.

Frequently Asked Questions

What does this course cover?

It teaches the fundamentals of Riyad Bank AML, KYC, Fraud, and Operational Risk Management processes and procedures, including anti-money laundering, counter-terrorist financing, Know Your Customer, FATF, SAMA regulatory requirements, fraud prevention, and operational risk management.

Does the course address money laundering and reporting?

Yes. It covers methods used for money laundering, reporting procedures for suspected transactions, and reporting procedures via the intranet.

Does the course include the regulatory context for Saudi Arabia?

Yes. It covers the Financial Action Task Force (FATF), Saudi Arabia's AML and CTF efforts, and SAMA regulatory requirements.

What skills does this course help build?

It supports skills in risk management, including credit risk management, financial risk management, and operational risk management.

Does the course cover fraud and operational risk specifically?

Yes. It defines fraud and addresses fraud crimes, risk and prevention, and roles and responsibilities, as well as operational risk management procedures, examination and investigation responsibilities, and operational risk case studies.

Transcript

The full transcript is available inside the lesson player once you start the course.

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