Qualified CDD-analyst

This course is suitable for professionals who are (or will be) taking on the role of CDD analyst at companies within the financial sector or for those whose daily work involves or will involve customer due diligence or transaction monitoring. This course grants access to the AML Professional register of DSI.

No specific prior education is required for this training. Knowledge of financial services is a plus.

The study load for this training is 88 hours.

Accredited by DSI

This course is accredited by DSI. This means that the content and assessment of the programme meets DSI standards and provides access to DSI certification.

This training is available in both Dutch and English.

The aim of this course is to train you in a practical and efficient manner. You will study the theory on your own beforehand and during the course days you will mainly be involved in practical activities. This will be done through case studies and by working on your personal development. The case studies will be available in the learning environment.

You can take the Qualified CDD-analyst training in either English or Dutch in two separate groups.

In three days, you will go through the steps involved in the work of a CDD-analyst and further develop the technical and communication skills you will use in that role.

Modules

Kick-off
We kick off the training with an approximately one-hour session via Teams. During this session, we will discuss what you can expect in the upcoming period and how to best prepare for the training.

Preparation
It is important that you thoroughly study the theory before the practical days. Without this theoretical knowledge, you will not be able to effectively engage with the case studies during the sessions.

Day 1
The first day of the training focuses on the CDD process. You will assess various scenarios and work through a case study in which you conduct a customer investigation.

Day 2
On the second day, you will practice communication and presentation skills.

Day 3 
The third day is a mix of transaction monitoring, reporting, and presentation skills.

Theory

All the theory for this training is included in our learning environment. The theory covers the learning objectives set by DSI and consists of five e-learning courses from The Ministry’s offerings, supplemented with in-depth theory and relevant documents.

The e-learning courses that are part of this programme:

• Wwft Awareness
• Sanction regulation Awareness
• Tax Integrity Awareness
• Customer Investigation
• Transaction Monitoring 

The supplementary theory is divided into four chapters:

• Financial economic crime
• Framework for the AML function
• Relevant documents
• Compliance

Practice questions

In the learning environment you will find the basic questions from the e-learning courses and a practice exam. The practice questions will give you a good idea of what the real exam will be like.

MemoTrainer

The MemoTrainer is based on the theory of Ebbinghaus, a pioneer in memory research. He argued that regular repetition is crucial to preventing knowledge from fading and created a model that helps to retain information over the long term. This principle is at the heart of the MemoTrainer, which has participants systematically repeat practice questions so that their knowledge gradually becomes embedded in long-term memory.

The review questions are generated daily by MemoTraining for each participant individually. Questions that are answered incorrectly are recalled more quickly than those that are answered correctly. The progress is visible in the knowledge record.
You can set the days you want to practice, whether you want to receive a reminder in your mailbox and the maximum number of questions you want to receive per MemoTraining.

The MemoTrainer contains the basic questions and the training questions. As soon as you complete a series of questions in the learning environment, these questions are added to the MemoTrainer and you can start reviewing them. There are no extra questions in the MemoTrainer.

This training has an assessment which consists of two parts:

• A theory exam with closed questions on all DSI theoretical learning objectives to be taken at a test centre;
• Case studies that you complete during the course.

The diploma is awarded on successful completion of the theory exam, evaluation of the first day’s scenarios, active participation in the skills components and completion of an AML risk assessment which is evaluated by the trainer.

You will take the theory exam at one of Lamark’s test centres. The first exam is included in the price of this course. You will find a voucher and instructions in the learning environment. Resits can be booked directly from the learning environment. You pay for these separately.