Compliance, Risk & Governance

Certified Compliance Officer Advanced – Monitoring, Surveillance and Testing

Programme Overview

Compliance officers play a vital role in their respective organizations. That role has traditionally been to ensure that financial institutions operate with integrity and adhere to applicable laws, regulations, and internal policies. In recent years, there has been a drive to expand the mandate and expectations of a compliance officer and to better balance its role as an advisor to the front line with its role of providing challenge and independent oversight. Challenge and control responsibility is supported by robust compliance monitoring, surveillance, and control programs.


This programme will equip participants with skills to develop and implement effective and efficient monitoring, surveillance, and controls programs aligned with the organizational strategy, relevant regulations and standards. Participants will be able to assess the need and propose an adequate technological solution to facilitate monitoring, surveillance and control activities and establish and evaluate mechanisms to track the effectiveness and efficiency of monitoring, surveillance, and controls outcomes and results to identify system, process, and control gaps; propose enhancements in order to remediate and strengthen the organization’s control framework. 


You will have direct exposure to seasoned compliance industry specialists and leaders who are experts in the particular area. All sessions are interactive including teaching, case studies, group breakouts and discussions and assessments are similarly designed to ensure skills learnt are thoroughly understood and grasped in practice and can be applied to work-life circumstances.  Successful completion of the programme qualifies you for a Certified Compliance Officer (Compliance Monitoring, Surveillance & Testing) qualification as well as eligibility to apply to IBF for the Compliance Monitoring, Surveillance & Testing Level 2 Certification*, recognizing your achievement.


 *subject to T&Cs

Register for Online Information Session

Get a chance to speak with our team in an online information session to learn more about WMI’s Certified Compliance Officer Advanced – Monitoring, Surveillance and Testing programme. We are happy to offer an overview of the programme and any enquiries you may have about WMI in this one-hour virtual session.

Upcoming Dates

7 Sep 2023, Thursday, 5pm
14 Sep 2023, Thursday, 5pm
21 Sep 2023, Thursday, 5pm


Participant must complete 5 compulsory modules:

  • Compliance Risk and Compliance Culture
  • Compliance Strategy, Policy and Advice
  • Financial Crime Regulation
  • Compliance Monitoring, Surveillance and Controls
  • Compliance/Regtech and Project Management


Download programme brochure

Who Should Attend

This course is designed for compliance professionals within the financial services sector with at least 3 years of relevant experience, including legal, enterprise/operational risk, audit professionals and those in control functions in the first line of defence. It is also relevant for external lawyers, consultants and accountants advising financial services sector.

Useful Links


Participants who successfully complete the programme will be awarded: 



IBF Standards Training Scheme (IBF-STS) 


Find out more at





Singapore Institute of Legal Education Accreditation
Module: Compliance Risk and Culture
Eligible Public CPD Points: Day 1= 4, Day 2= 4.5. Total = 8.5 (TBC)
Practice Area: Ethics and Professional Responsibility
Training Level: Intermediate

Participants who wish to obtain CPD Points must comply strictly with the Attendance Policy set out in the CPD Guidelines. For this activity, participants are reminded to sign in on arrival and sign out at the conclusion of each day of the event in the manner required by the organiser. Participants must not be absent from each day of the event for more than 15 minutes. Participants may obtain Public CPD Points for each day of the event on which they comply strictly with the Attendance Policy. Participants who do not comply with the Attendance Policy on any particular day of the event will not be able to obtain CPD Points for that day. Please refer to for more information.



Participants who successfully complete the programme will be awarded: 


WMI Certification 

  • Certified Compliance Officer (Compliance Monitoring, Surveillance and Testing)
  • CPD hours (IBF-STS and Core FAA/SFA CPD)


IBF Certification

  • Eligible for the IBF Advanced (Level 2) Certification in Compliance Monitoring, Surveillance and Testing T&Cs apply.


In addition to Course Fees, each participant will also be charged a non-refundable and non-claimable application fee of S$85 (including GST).


SkillsFuture Credits can be utilised to offset the balance of the programme fees after IBF subsidy. Do note that SkillsFuture Credits cannot be used to offset Application Fees.


Click here to read more about the terms & conditions governing registration, payment, cancellation, deferment and no-show.


The information above is correct at the time of publication. The Wealth Management Institute reserves the right to amend the fees and/or terms and conditions as appropriate. 


Schedule is subject to change, additional classes may be added with sufficient interest. Please click “Apply Now” to register your interest.

Financial Crime Regulation - 2 & 3 Apr 2024
Compliance Monitoring, Surveillance and Controls - 13 & 14 Jun 2024
Compliance Risk and Compliance Culture - 29 & 30 Aug 2024
Compliance Strategy, Policy and Advice - 16 & 17 Sep 2024
Compliance/Regtech and Project Management - 23 & 24 May 2024


Completed another compliance course, this one is more streamlined, practical, with deeper analysis of issues. Cohort brought good experience too.

AML Officer in a regulator

Class of 21/22

It was a privilege to tap on the wealth of experience across the training team and guest advisors. Professor Urs Zulauf and Ms Sharon Craggs were able to share specific learning points across jurisdictional approaches and bank practices.

AML Officer in a local bank

Class of 21/22

I am really pleased with the quality of the trainers and guest speakers. Not only are they truly knowledgeable in their area of expertise, the open sharing and willingness to answer questions help me learn deeply and broadly.

Team Lead in a private bank

Class of 21/22

It was illuminating to hear from Mabel and Wee Soon, who were forthcoming in sharing from their vast experience and specifically their concerns and views on managing emerging risks with crypto-assets.

AML Officer in a private bank

Class of 21/22

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