| Q3 Schedule Available | |
| Up to 70% IBF Subsidy and SkillsFuture Credit Claimable |
In response to the evolving regulatory landscape and the increasing demands on financial institutions, we offer a comprehensive programme specialising in compliance, tailored to meet the needs of professionals across various sectors. Join us to elevate your compliance career and make a meaningful impact in your organisation’s regulatory journey.
Our programme offers four distinct tracks, each focusing on a critical aspect of Compliance:
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. 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 Advanced certification as well as eligibility to apply for an industry-recognised IBF Level 2 Certification in the relevant job family, recognising your achievement.
Financial Crime Compliance has become a pivotal focus for global regulators, with organisations facing significant penalties for non-compliance. This programme provides an in-depth understanding of Singaporean and international regulations, with a focus on combating financial crimes in the digital age, and how financial institutions can adapt to the changing technological landscape. Learn from seasoned specialists and explore current and emerging threats
This programme can be stacked towards a Diploma.
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 the financial services sector.
Useful Links
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Regulatory Compliance (Compliance Advisory) |
9,200.00 | 10,028.00 | 5,428.00 | 3,588.00 | |||
Financial Crime Compliance & Monitoring Surveillance and Controls |
13,800.00 | 15,042.00 | 8,142.00 | 5,382.00 | |||
Compliance Analytics |
9,200.00 | 10,028.00 | 5,428.00 | 3,588.00 | |||
Modules |
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Note:
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 Credit can be utilised to offset the balance of the programme fees after the IBF subsidy. Do note that SkillsFuture Credit cannot be used to offset Application Fees.
Individual Certified Compliance Advanced track page shows the breakdown of the programme fees by module.
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.
In addition to Course Fees, each participant will also be charged a non-refundable and non-claimable application fee of S$85 (including GST).
This programme is pending accreditation by the Institute of Banking and Finance (IBF). When accredited, Singaporeans and Permanent Residents will be eligible for funding support of up to 70% course fee subsidy under the IBF Standards Training Scheme (IBF-STS).
Fees shown are after IBF-STS funding. Subsidised fees apply upon participants’ successful completion of the programme, which includes (i) fulfilling minimum attendance requirements and (ii) passing all relevant assessments.
Subsidies are subject to change by IBF and fees will be adjusted based on prevailing funding rates. Click here to read more about funding support for IBF-STS, and terms & conditions governing registration, payment, cancellation, deferment and no-show.
The information above is correct at the time of publication. Wealth Management Institute reserves the right to amend the fees and/or terms and conditions as appropriate.
Please refer to Individual Certified Compliance Officer Advanced track page for the module schedule
| Modules | Date |
|---|---|
| Compliance Risk and Compliance Culture | 29 & 30 Aug 2024 |
| Compliance Strategy, Policy and Advice | 26 & 27 Sep 2024 |
| Compliance/Regtech and Project Management | TBC |
| Modules | Date | Regulatory Compliance (Compliance Advisory) | Financial Crime Compliance & Monitoring Surveillance and Controls | Compliance Analytics |
|---|---|---|---|---|
| Handling Serious Compliance Incidents & Performance Management | 11 & 12 Jun 2024 | ✅ | ✅ | - |
| Regulatory Compliance in Financial Services | TBC | ✅ | - | - |
| Financial Crime Monitoring, Surveillance and Controls | TBC | - | ✅ | - |
| Compliance Data Analytics | 8 & 13 Jul | - | - | ✅ |
| Modules | Array |
|---|
Participants who successfully complete the programme will be awarded:
Accreditation
IBF Standards Training Scheme (IBF-STS)
Find out more at www.ibf.org.sg/home/for-individuals/skills-and-jobs-development/training-support/IBF-STS.
SILE
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 www.sileCPDcentre.sg for more information.
Certification
Participants who successfully complete the programme will be awarded:
Regulatory Compliance (Compliance Advisory)
WMI Certification
IBF Certification
Financial Crimes Compliance
WMI Certification
IBF Certification
Compliance Monitoring, Surveillance & Testing
WMI Certification
IBF Certification
Compliance Analytics
WMI Certification
IBF Certification
Participants are encouraged to access the IBF MySkills Portfolio (https://www.ibf.org.sg/home/for-individuals/resource-tools/myskills-portfolio) to track their training progress and skills acquisition against the Skills Framework for Financial Services. You can apply for IBF Certification after fulfilling the required number of Technical Skills and Competencies (TSCs) for the selected job role.
Find out more about IBF certification and the application process on https://www.ibf.org.sg/home/for-individuals/ibf-certification/why-be-ibf-certified.
Founded by GIC and Temasek, WMI is appointed as Singapore’s Lead Training Provider for Private Banking by the Institute of Banking and Finance Singapore (IBF) and supported by the Monetary Authority of Singapore (MAS).
At WMI, our programmes are taught by faculty with seasoned industry leadership and practitioner experience, which includes global industry heads and regulators. They are also highly involved in the designing of our courses, making use of case studies, practical applications, and peer-to-peer learning to facilitate teaching and assessment.
If you are a financial service professional relatively new (with about 0-3 years experience) to Compliance or Risk Management, a mid-career switcher or a fresh graduate embarking on a career in Compliance in financial services, the foundational Certified Compliance Officer programme (IBF-STS Level 1) would be the right fit for your career objectives.
If you have more work experience, the Certified Compliance Officer (Advanced) programme would be more suitable.
Included in this course are multiple transferable skills and competencies that you can apply in this field, such as risk management, customer onboarding and due diligence.
This certificate is also relevant for legal, operational risk, controls and audit professionals seeking a robust understanding of the practice of Compliance.
The Certified Compliance Officer programme (IBF-STS Level 1) is designed for learners with 0 – 3 years of experience, fresh graduates, and individuals who wish to embark on a career in financial services.
The Certified Compliance Officer (Advanced) programme (IBF-STS Level 2) is designed for compliance professionals with at least 3 years of experience, ideal for individuals aspiring to senior leadership positions.
Please navigate to the ‘Who should attend’ section to find out more about the programme’s entry requirements.
No, however, the Certified Compliance Officer programme is a prerequisite for the Advanced programmes if you do not have the minimum experience level.
The programme features only in-class assessments.
Yes, modules in this programme are stackable. Upon completion of the Certified Compliance Officer (Advanced) programme, you may extend your studies by taking more modules to complete the Advanced programmes such as the Advanced Diploma or Graduate Diploma.
There is a suggested order of completion, however, it is not crucial to do so.
If you happen to miss out on the module run, you will be able to attend the module during the next run. The maximum completion time would be within three years to attain the certificate successfully.
You will receive a WMI certificate of achievement for each module, and a programme certificate upon successful completion.
Please navigate to the ‘Certifications’ section to find out more. Depending on your experience level and programme completed, you will be eligible for the relevant IBF certification(s) in Compliance job families.
Successful completion of the programme with the requisite criteria also qualifies participants to apply for IBF certifications in the relevant job families. It is also relevant for legal, operational risk, controls and audit professionals seeking a robust understanding of the practice of Compliance.
Upon completion, participants will be equipped with the knowledge and tools necessary to enhance compliance practices, mitigate risks, and promote ethical behaviour in their financial institutions.
SkillsFuture Credit can be utilised to offset the balance of the programme fees after the IBF subsidy. Do note that SkillsFuture Credit cannot be used to offset Application Fees.
WMI will submit the IBF funding on your behalf. No action is required from your end. However, any discrepancies in registration details or failure to meet minimum IBF academic requirements will result in an unsuccessful IBF reimbursement claim. Students will be liable for the full tuition fees.
Get a chance to speak with our team in an online information session to learn more about WMI’s Certified Compliance Officer Advanced – Compliance Analytics 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.
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