AML and KYC in Practice: Risk Assessment, Monitoring and AI
Run KYC and transaction monitoring that finds real risk. Use data and AI responsibly and write findings supervisors accept.
Practical info
Course Date
26.01.2027 - 30.03.2027
Jan 26, 2027 - Mar 30, 2027
Apr 22, 2027 - Jun 17, 2027
Capacity
78 academic hours (including 27 in classroom and 51 individual work)
Language
English
Method
In class
Tuesdays 16:00–19:00, no session in the week of 22.02.2027, the session on 02.03.2027 is a company visit.
All times are Estonian time
Location
EBS University, A.Lauteri 3, Tallinn
Price
€1,190 + VAT
Find real risk, not just alerts
Compliance teams are overwhelmed by alerts and manual checks, while supervisors expect effective, documented risk management.
In this course you design customer risk models, improve KYC and onboarding, tune transaction monitoring, investigate cases and use data and AI tools for screening and review, with the controls and documentation they require. You visit a compliance team that has modernised its processes.
By the end of the course you will have an AML/KYC improvement plan for your organisation, with a risk model review, monitoring improvements, an investigated case and an AI use case.
This course is the second step of the learning path “Compliance and Financial Crime”. Also explore “Compliance and AML Essentials” and “Leading Compliance: Regulators, Boards and a Risk-Based Programme”.
Who is AML and KYC in Practice: Risk Assessment, Monitoring and AI intended for?
The course is designed for compliance analysts, AML officers and KYC specialists with at least one year of experience.
We recommend completing “Compliance and AML Essentials” first or having equivalent experience.
Explore the course
The course combines nine sessions at EBS (one of them a company visit), independent work and practical assignments. You apply the topics to a real challenge in your own organisation.
Topics Covered
Understand what effective AML looks like and design customer risk models.
- What effective AML looks like
- Customer risk models
Improve KYC and onboarding and tune transaction monitoring.
- KYC and onboarding
- Transaction monitoring
- Company visit: modern compliance
Investigate cases and use AI in KYC and monitoring with proper controls.
- Investigations
- AI in KYC and monitoring
Learn to document decisions to supervisory standard.
- Working with supervisors
You create an AML/KYC improvement plan for your organisation: a risk model review, monitoring improvements, an investigated case and an AI use case with controls.
Learning outcomes
By the end of the course you will be able to:
- design and calibrate customer risk models and KYC processes;
- improve transaction monitoring and reduce false positives;
- investigate cases and document decisions to supervisory standard;
- use data and AI tools in KYC and monitoring with appropriate controls and human oversight.
Meet the other participants
In week 5 we visit a bank or fintech compliance team. The visit is followed by a joint dinner, where you can get to know the other participants and share experiences.
Completion and feedback
During the course you complete practical assignments, give and receive peer feedback, and complete two milestones and a final project:
- milestone 1: risk model review;
- milestone 2: monitoring improvements and investigated case;
- final project: AML/KYC improvement plan
You receive written feedback on each milestone within seven days. There are no exams or grades.
To complete the course and receive the certificate, you must attend at least seven of the nine sessions and present your final project.
Certificate
On completing the course you receive an EBS executive education certificate.
Learning environment
Sessions take place in EBS classrooms. Canvas is used for independent work.
Changes and cancellation
EBS reserves the right to change the content, schedule, format, location and lecturers of the course or learning path before it starts. If the minimum number of participants is not reached, EBS may postpone or cancel the course; registered participants will be informed in good time and any fees paid will be refunded in full.
Register for the course
Method
Students meet with the instructor in class at regularly scheduled times.
Tuesdays 16:00–19:00, no session in the week of 22.02.2027, the session on 02.03.2027 is a company visit.
All times are Estonian time
Payment options
- Payment by invoice or bank link
- Would you like to split the invoice? Part can be issued to a company and the rest to an individual.
AML and KYC in Practice: Risk Assessment, Monitoring and AI
Choose Course Date
EBS SUPPORT SERVICES
Let's find the right course for you
Want to know more about the course content or which level to start at? Get in touch and we'll find the right fit for your goals.
