Compliance, Risk, Operations and Reconciliation

Sanctions, AML, exceptions, returns and the daily ops grind.

The control and operations bundle. Sanctions screening, AML, KYC and fraud prevention, payment security, payment reconciliation, payment exceptions and investigations, payment operations, reject and return in CBPR+, and payment operations architecture.

8 chapters · 59 lessons · ₹1,999

Estimated duration: 3.3 hours of narration, plus exercises, simulators and tests.

Who this course is for

Compliance, risk, operations and reconciliation staff in payments.

Prerequisites

Payment Foundations, or equivalent working knowledge of the payment lifecycle.

What you will learn

• Explain sanctions screening and name matching.
• Explain AML, KYC and fraud prevention, including APP fraud and the UK PSR reimbursement rules.
• Explain payment security: OAuth2, mTLS and API security.
• Reconcile a payment against its statement and find the break.
• Investigate a payment exception to its resolution.
• Communicate an incident to the people who need to know.

Practical exercises

Every lesson includes a practical exercise in the lesson player, with the problem, the information available, the action expected, what counts as a correct result, and why the answer is correct. This course has 59 exercises, one per lesson, plus the hands-on labs and simulators listed below.

What you will produce

• A reconciliation break investigation.
• An exception investigation write-up.
• An incident communication for a real scenario.

Completion criteria

• Finish all lessons in the bundle.
• Pass the Compliance and Risk Test and the Operations Test with 70% or more.
• Complete the Reconciliation War Room and Failure Investigation Lab.

Included chapters

• Sanctions Screening (7 lessons)
• AML, KYC and Fraud Prevention (8 lessons)
• Payment Security (8 lessons)
• Payment Reconciliation (7 lessons)
• Payment Exceptions and Investigations (7 lessons)
• Payment Operations (7 lessons)
• Reject and Return in CBPR+ (7 lessons)
• Payment Operations Architecture: State, Resilience and Control (8 lessons)

Practice tests included

Timed multiple-choice tests for this material, with the correct answer and an explanation for every question.

• Compliance and Risk Test (12 questions · 12 minutes)
• Operations Test (14 questions · 14 minutes)

Simulators and playgrounds included

Run a payment yourself instead of just reading about it. These interactive simulators cover the same material as the chapters above.

• Exception Investigation Simulator
• Accounting and Reconciliation Lab

Hands-on labs included

Real work products: write the document, build the artefact, and compare it with the worked example.

• Redesign the Payment Exception Repair Process

Practice features included

• Payment Failure Investigation Lab
• Reconciliation War Room

Not included

This bundle does not include the other courses:

• The Integrated Course (85 chapters, 635 lessons)
• Payment Foundations (5 chapters, 37 lessons)
• ISO 20022 and SWIFT Messaging (11 chapters, 87 lessons)
• Global Payment Rails (10 chapters, 77 lessons)
• Cross-Border and Correspondent Banking (7 chapters, 50 lessons)
• Clearing, Settlement and Liquidity (4 chapters, 29 lessons)
• Cards and Domestic Payments (6 chapters, 44 lessons)
• Payment Architecture and APIs (8 chapters, 62 lessons)
• BA and PO Professional Practice (5 chapters, 37 lessons)
• Emerging Technologies and the Future (4 chapters, 30 lessons)