Advanced Diploma in Financial Crime Compliance and Compliance Analytics

Programme Overview

Today’s technologies are able to transform many traditional compliance tasks but require the knowledge to understand the particular technologies and select appropriate tools for distinct tasks. This programme will train participants to acquire and apply an analytical mindset, understanding data analytics algorithms and approaches to take into consideration as financial institutions migrate towards greater dependence on big data, machine learning, artificial intelligence and robotics process automation. These will be applied to the core financial crimes compliance domains of customer due diligence, transaction & payments monitoring, and trade surveillance. Defining business requirements, effectively project managing, driving, leading and implementing regulatory technology tools in the organisation are part of this programme. 


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 to apply for the relevant IBF Level 2 certifications in the Compliance Advisory, Compliance Analytics and the Monitoring, Surveillance and Testing job families* as well as an Advanced Diploma in Regulatory Compliance and Compliance Analytics, recognising the achievement and merit in completing this rigorous programme.


*subject to T&Cs

Advanced Diploma Modules

This programme is conducted on a part-time basis and you may select any module or complete the programme in a schedule that best fits you. Modules are delivered through a blended learning pedagogy, building on interactive pre-class online learning for foundation concepts and knowledge, reserving classroom for skills application and topics that have higher complexity. Modules feature assessments to check for learning transfer covered in online and classroom sessions.


Participants who wish to attend individual modules can select the modules by registering here. Please note that individual modules can only be selected before the respective module’s date of commencement. You will receive a confirmation of acceptance if seats are available for the particular module.


This programme is taught by Faculty with practitioner and seasoned industry experience in domain areas of expertise. Click here to view list. 

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.


Minimum Entry Requirements

  • Minimum Education: Diploma or equivalent
  • Minimum Work Experience: 3 years relevant experience
  • Minimum English Language requirement (only if English was not the medium of instruction used at the highest qualification): TOEFL score > 100; IBT or IELTS score > 6.5.
  • WMI will consider exceptions on a case-by-case basis and if needed, an interview may be requested.


Graduation Criteria

  • Successful completion of all 7 13-hour courses and assessments.
  • Achieve a minimum CGPA of 2.50 at the completion of the Advanced Diploma.
  • Complete the Advanced Diploma within 3 years from the date of admission of the first course taken.
  • Successful recipients of the “Advanced Diploma in Financial Crime Compliance and Compliance Analytics” who have at least 3 years of relevant or private banking experience and meet all other relevant IBF certification criteria can apply for IBF Certification under “IBF Advanced (Level 2) in Financial Crime Compliance, Monitoring Surveillance and Testing, and Compliance Analytics”. Companies will apply directly with IBF for this certificate on behalf of their sponsored participants.

Useful Links


Participants who successfully complete the programme will be awarded: 



IBF Standards Training Scheme (IBF-STS) 


Find out more at





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

  • Advanced Diploma in Financial Crime Compliance and Compliance Analytics
  • CPD hours (IBF-STS and Core FAA/SFA CPD)


IBF Certification

  • Eligible for the IBF Advanced (Level 2) Certification in Financial Crime Compliance, Monitoring, Surveillance and Testing, and Compliance Analytics. 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 - 3 & 4 Apr 2024
Handling Serious Compliance Incidents & Performance Management - 11 & 12 Jun 2024
Compliance/Regtech and Project Management - 23 & 24 May 2024
Compliance Monitoring, Surveillance and Controls - 27 & 28 Jun 2024
Compliance Risk and Compliance Culture - 29 & 30 Aug 2024
Compliance Strategy, Policy and Advice - 26 & 27 Sep 2024



AML Officer in a regulator

Class of 21/22

AML Officer in a local bank

Class of 21/22

Team Lead in a private bank

Class of 21/22

Register for Online Information Session

Get a chance to speak with our team in an online information session to learn more about WMI’s Advanced Diploma in Financial Crime Compliance and 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.

Upcoming Dates

13 Mar 2024, Wednesday, 5pm
20 Mar 2024, Wednesday, 5pm
27 Mar 2024, Wednesday, 5pm
3 Apr 2024, Wednesday, 5pm
10 Apr 2024, Wednesday, 5pm

Enquire Now

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