The Certified Know Your Customer Associate (CKYCA) certification provides foundational knowledge of KYC processes, customer due diligence (CDD), and AML regulations. It is designed for professionals starting their careers in compliance and aims to enhance their understanding of key KYC principles to ensure regulatory compliance within financial institutions. This certification is ideal for entry-level KYC analysts and those working in compliance roles.
Certified Know Your Customer Associate (CKYCA)
Issuing Organization:
Association of Certified Anti-Money Laundering Specialists (ACAMS)
Examination:
Candidates must pass a comprehensive proctored exam that covers key concepts in Know Your Customer (KYC) practices, customer identification, customer due diligence (CDD), and enhanced due diligence (EDD). The exam ensures that candidates are proficient in understanding global KYC standards and best practices, focusing on how to detect and mitigate customer-related financial crime risks.
Renewal Requirements:
Every three years, CKYCA professionals must renew their certification to ensure continued competence in KYC practices. The recertification process requires:
Maintaining ACAMS membership
Providing evidence of continuing professional education in the KYC field
Completing an online application and paying a recertification fee
For more detailed information, professionals can download the CKYCA Candidate Handbook from the ACAMS website.
Designation Use:
The CKYCA designation demonstrates foundational expertise in KYC and CDD processes. It can be used in professional titles and resumes to showcase specialized knowledge in identifying and managing customer risks in accordance with global KYC regulations.
Target Audience:
The CKYCA certification is ideal for professionals working in customer onboarding, KYC compliance, and customer risk assessment roles within financial institutions, regulatory bodies, and consulting firms.