🔍 Non-IT Program

KYC / KYB Analyst
Training Program

Master the complete Know Your Customer & Know Your Business compliance processes used in global banking and financial institutions.

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Course Overview

KYC (Know Your Customer) and KYB (Know Your Business) are critical compliance processes used by banks, financial institutions, and global enterprises to verify the identity of clients and assess potential risks. This training covers the complete end-to-end KYC/KYB process — from onboarding new clients to periodic reviews and advanced due diligence — with real-world scenarios used by companies like Wipro, Capgemini, and leading global banks.

This is a Non-IT program, meaning no programming or technical background is required. Anyone holding any degree can join and build a strong career in the growing compliance and financial services sector.

Course Curriculum

01
KYC Fundamentals & Introduction
What is KYC (Know Your Customer) and its importance in banking
KYC required to prevent money laundering, fraud, and terrorist financing
Three stages of KYC: Onboarding, Periodic Review, and Screening
Introduction to KYB (Know Your Business) processes
02
Onboarding — Opening Bank Accounts for Clients
Onboarding process: opening bank accounts for clients for the first time
Key documents: Full legal name, Registry address, Business address
Date of incorporation, Nature of business, Complete ownership details
List of directors and connected parties
Common connected parties: Directors, Authorized signatories, Auditors, Shareholders, Controllers
03
Periodic Review & Risk Ratings
Periodic review process — verifying clients based on their risk rating
High Risk (EDD): reviewed every 1 year
Medium Risk (CDD): reviewed every 3 years
Low Risk (IDD/SDD): reviewed every 5 years
How risk ratings are determined from annual reports, public sources, company websites
04
Due Diligence — EDD, CDD, IDD/SDD
EDD (Enhanced Due Diligence): Detailed process for high-risk clients — verifying SOF, continuous monitoring, deeper background checks
SOF (Source of Fund): Generated from day-to-day business activities
SOW (Source of Wealth): Initial capital used to start a business (for UBOs)
UBO (Ultimate Beneficial Owner): Persons who invest and accept loss/profit of business — ownership threshold 10%+
IBO (Intermediate Beneficial Owner): Holds ownership between company and UBO
CDD (Customer/Client Due Diligence): Verifying customer details and risk assessment — ownership threshold 25%+
IDD/SDD (Initial/Standard Due Diligence): Verifying initial documents from public sources only
05
AML — Anti-Money Laundering
What is AML and why it matters (converting black money into white)
4 stages: Placement, Layering, Integration, Terrorist Financing
Placement: Proceeds of crime entering financial institutes
Layering: Transactions through different channels (web, bank, net banking)
Integration: Using money in the legal economy
Terrorist Financing: Giving money to terrorist individuals/organizations
06
Entity Types — Private, Public, Trusts, Foundations
Private Organizations: Non-government entities conducting business for profit — KYC documents required
Public Organizations: Government-owned agencies — KYC document requirements
Trusts: Corporate Trust, Charitable Trust, Purpose Trust — trustee, trustor, settlor, beneficiaries, protector
Foundations: Non-profit legal setups — parties include Founder, Guardian/Protector, Beneficiaries, Directions
KYC checks for each entity type and why they matter
07
Risk Pillars, PEP & Sanctioned Countries
Risk Pillars: Country, Industry, Entity Type, Product
Risk Indicators: Country risk type, Nature of business, Ownership complexity, Negative news, PEP
PEP (Politically Exposed Person): High public role requiring extra EDD security checks
PEP examples: Government officials, state-owned company executives, military officers, judicial officials, family members of PEPs
Sanctioned Countries: US government designated (Iran, Russia, North Korea, Syria, Cuba)
CTF (Counter Terrorist Financing): Preventing terrorist financing activities
08
Sanction Screening
What is Sanction Screening and why it's critical in KYC/AML compliance
Sanction Lists: OFAC (US), UN Security Council, EU Sanctions, UK Sanctions
Types of Screening: Customer Screening, Transaction Screening, Payment Screening
Matching Techniques: Exact Match, Fuzzy Match (aliases, transliterations)
Handling False Positives — manual review process
Ongoing Monitoring: Continuous and periodic review of customers
Compliance best practices: Risk-Based Approach, Audit Trails, Escalation Protocols, SAR filing
09
Data Sources, KYC Teams & Tax Forms
Primary Sources: Regulatory proof, Registry extracts, Stock exchange websites, Annual reports, Client websites
Secondary Sources: Bloomberg, Avox Data, Dun & Bradstreet, Client websites, Trade license
Discounting criteria for PEP: Name, Gender, Nationality, Residency, DOB
UK Registry (Company Data Warehouse) and USA Registry (State of California)
SOE (State Owned Entities): Entities 50%+ owned by government
KYC Team Roles: Makers, Quality Control, SME, Quality Analyst, RM
Tax Forms: W9 (US Incorporated clients), W8 (Non-US clients)
KYC Red Flags: Unusual transactions, PEPs, Sanctioned entities, Suspicious patterns
10
Ownership Drilldown — UBO / IBO Analysis
Drilldown methodology for complex ownership structures
Identifying UBOs vs IBOs in layered company structures
CDD cases (25%+ ownership threshold analysis)
EDD cases (10%+ ownership threshold, complex ownership)
Risk Factors: Pre-risk (PEPs, UBOs, gambling) and Additional risk (complex ownership, fraud, virtual currencies)

Screening Tools Covered

🔍 Lexis Nexis
🌐 World-Check
📊 Fricosoft
🔎 RDC
📰 Bloomberg
📋 Dow Jones
🤖 Actimize

Who Can Join?

Any graduate — B.Com, B.Sc, BA, BBA, MBA, B.Tech or any degree
Freshers looking to enter the banking & compliance industry
Working professionals wanting to switch to KYC/AML domain
No IT or programming background required — this is a Non-IT course
Candidates interested in working with global banks like Wipro, Capgemini, etc.
₹20,000 One-time fee • No hidden charges
⏱ Duration20 – 30 Days
💻 ModeOnline / Offline / Hybrid
🎓 EligibilityAny Degree
🏷 CategoryNon-IT Program
📍 LocationBangalore & Madanapalle
📋 PlacementIncluded
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