As the financial sector grows in size and complexity and we operate in an increasingly volatile, uncertain, complex and ambiguous environment, the role and demands of the compliance function have broadened significantly. The dynamic business landscape, rate of increase in regulatory changes and consequential regulatory scrutiny and enforcement actions weigh heavily on financial institutions’ reputations and business prospects. Skilled compliance professionals are in demand to navigate this environment and ongoing advancements in technology, data analytics, regtech as traditional compliance roles evolve to provide higher value functionalities as business enablers.
Developed to support the financial sector in raising capabilities in the Compliance risk management function, WMI’s suite of compliance programmes provide a structured learning pathway for compliance and risk professionals in financial services, including those in operational risk, audit and legal professions advising financial institutions. Taught by faculty with seasoned industry and leadership experience and deep domain expertise in specialist compliance risk areas, and those in control functions in the 1st line of defence, with at least 3 years industry experience, the programmes allow professionals to deepen and expand their technical skills and competencies as defined for the Compliance Manager job family within the national Skills Framework for Financial Services, jointly developed by the Institute of Banking and Finance (“IBF”), Monetary of Authority, SkillsFuture Singapore and Workforce Singapore. Successful completion of the programme with the requisite criteria also qualifies participants to apply for IBF certifications in the relevant job families.
Individuals keen on upgrading their specialist skills and knowledge in their current Compliance job-roles may embark on our Certified Compliance Officer programmes. Successful completion of each Certified Compliance Officer programme also qualifies participants to apply for an IBF Level 2 certification in the relevant compliance job family.
As the importance of data analytics increases in the compliance function, individuals who desire to extend their knowledge and skillsets and be future-ready may choose to embark on any of our two Advanced Diploma Programmes, namely the Advanced Diploma in Regulatory Compliance and Compliance Analytics, and the Advanced Diploma in Financial Crime Compliance and Compliance Analytics. Successful completion of each Advanced Diploma programme also qualifies participants to apply for up to two or more IBF Level 2 certifications in the relevant compliance job family
Individuals who are currently or aspire to Compliance leadership positions and who desire a broad, holistic, comprehensive grasp across the range of compliance disciplines to lead a function, division or organization may choose to pursue the Graduate Diploma in Compliance in Financial Services programme. The Graduate Diploma programme equips participants with an extensive and intensive body of relevant knowledge and skills. It is designed as a practice led industry relevant programme providing a unique opportunity to collaborate with peers from across the industry, on an industry sponsored Capstone project designed to address and develop solutions for real life industry problems.