Global Wealth Management: Account Opening, Onboarding, KYC

Overview

Global Wealth Management and Private Banking:

Account Opening, Onboarding, KYC, Compliance. by MTF Institute What you'll learn:

Global Wealth ManagementPrivate BankingAccount OpeningOnboardingKnow Your Customer KYCWealth Allocation in the WorldOpening of an Account in a BankClient Onboarding ProcessPartners and Financial Intermediaries Welcome to program:

Global Wealth Management and Private Banking:

Account Opening, Onboarding, KYC, Compliance. by MTF InstituteCourse provided by MTF Institute of Management, Technology and FinanceMTF is the global educational and research institute with HQ at Lisbon, Portugal, focused on business & professional hybrid (on-campus and online) education at areas:

Business & Administration, Science & Technology, Banking & Finance. MTF R&D center focused on research activities at areas:

Artificial Intelligence, Machine Learning, Data Science, Big Data, WEB3, Blockchain, Cryptocurrency & Digital Assets, Metaverses, Digital Transformation, Fintech, Electronic Commerce, Internet of Things.

MTF is the official partner of:

IBM, Intel, Microsoft, member of the Portuguese Chamber of Commerce and Industry.MTF is present in 210 countries and has been chosen by more than 510 000 students.AgendaWealth Allocation in the WorldPartners and Financial IntermediariesOpening of an Account in a Bank or Client Onboarding ProcessDo you want to build a global career at the Wealth Management, Private Banking and Compliance?Join our course from globally recognized experts:

Barbara Gutsch (15+ years of international experience in banking and finance, incl. 7+ years in Swiss private banking as risk and compliance manager) and Olga Margolin (17+ years in Swiss private banking industry, as top executive and business owner, managing international client relationships).Global Wealth Management and Private Banking (GWMPB) are specialized financial services catering to high-net-worth individuals (HNWIs) and ultra-high-net-worth individuals (UHNWIs). These services extend beyond traditional banking and encompass a comprehensive suite of financial solutions tailored to the unique needs and objectives of affluent clients.Global Wealth Management focuses on managing and growing the wealth of HNWIs through a diverse range of investment strategies, including portfolio management, asset allocation, risk management, and financial planning.

This holistic approach aims to preserve and enhance clients' wealth over the long term while addressing their specific financial goals, such as retirement planning, estate planning, and tax optimization.Private Banking offers personalized banking services to HNWIs and UHNWIs. These services include bespoke banking solutions, exclusive investment opportunities, concierge services, and access to a dedicated relationship manager who understands their unique financial circumstances and aspirations.

Private banks often act as trusted advisors, guiding clients through complex financial matters and providing tailored solutions to meet their evolving needs.

Syllabus

• Introduction to Global Wealth Management
Overview of Global Wealth Management and Private Banking
Importance of Wealth Allocation
• Account Opening Process
Steps in Opening a Bank Account for HNWIs and UHNWIs
Compliance Requirements and Documentation
• Client Onboarding
Key Phases of the Onboarding Process
Best Practices for Enhancing Client Experience
• Know Your Customer (KYC) Procedures
Importance of KYC in Wealth Management
Regulatory Framework and Compliance
• Partners and Financial Intermediaries
Role and Selection of Financial Intermediaries
Building and Maintaining Strategic Partnerships
• Wealth Allocation Strategies
Investment Strategies for Wealth Preservation and Growth
Portfolio Management and Risk Management
• Compliance in Private Banking
Regulatory Environment and Legal Considerations
Role of Risk and Compliance Managers
• Case Studies and Real-World Applications
Case Studies from Swiss Private Banking
Real-World Challenges and Solutions in Global Wealth Management
• Conclusion and Course Review
Key Takeaways and Future Trends
Building a Career in Global Wealth Management and Private Banking
• Expert contributions from Barbara Gutsch and Olga Margolin on their experiences in Swiss private banking.

---

Taught by

MTF Institute of Management, Technology and Finance

---

Subjects

Business