Program Overview

Program Overview

The Financial Economic Crime-Risk Expert (FEC-Risk Expert) program is designed for professionals working in the financial sector who wish to specialize in combating financial economic crime. This one-year part-time program provides in-depth knowledge of the Wwft, AML-R, transaction monitoring, fraud detection, on- and offboarding processes, the use of AI, and dealing with investigations from the FIU, AFM, DNB, or the Public Prosecution Service.

Program Details

• Duration: 1 year (part-time)
• Study Load: Approximately 15 hours per month
• Lectures: Two lectures of 2 hours, every other week on Monday afternoons and evenings
• Costs: €11,250
• Language: Dutch
• Certificate: VU certificate upon completion
• Accreditation: DSI Accredited program

What Makes This Program Unique

• Multidisciplinary Approach
• Understanding Client Psychology
• Case-Based Learning
• Strong Focus on Soft Skills
• Preparation for Expert Roles
• Future-Proofing: From analyst to expert

Target Audience

This program is intended for professionals in the financial domain who want to specialize in combating financial crime. It is suitable for KYC specialists, AML specialists, compliance officers, legal advisors, and other professionals involved in client research, risk assessment, and the implementation of anti-money laundering measures.

Choosing the Right FEC Program

The VU offers two programs in the field of preventing financial economic crime, each with its own focus:

• FEC-Risk Expert: Focuses on KYC/CDD analysts, FEC experts, and managers in the financial sector who want to deepen their knowledge in all aspects of the Wwft and the Sanctions Act, with a central focus on risk management.
• FEC-Criminal Law: Specifically for lawyers, jurists, and others who have or aspire to broader FEC responsibilities and want to specialize in financial economic crime, such as money laundering, corruption, and environmental offenses.

Program Structure

The FEC-Risk Expert program is designed to provide a comprehensive understanding of financial economic crime and risk management. It covers topics such as:

• Wwft and Sanctions Act
• Transaction Monitoring
• Fraud Detection
• On- and Offboarding Processes
• Use of AI
• Dealing with Investigations

Conclusion

The Financial Economic Crime-Risk Expert program at the VU is a unique opportunity for professionals in the financial sector to gain in-depth knowledge and skills in combating financial economic crime. With its multidisciplinary approach, focus on soft skills, and case-based learning, this program prepares participants for expert roles in risk management and financial crime prevention.