Graduate Diploma in Compliance in Financial Services

Programme Overview

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 changing regulatory 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 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, the Compliance in Financial Services Graduate Diploma provides a structured learning pathway for compliance and risk professionals in financial services, including those in operational risk, audit and legal profession advising financial institutions. Designed for those with at least 3 years of industry experience, the programme allows 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. 


The Compliance in Financial Services Graduate Diploma is taught by Faculty with seasoned industry leadership and practitioner experience and deep domain expertise in specialist compliance risk areas. Experience. The qualification equips compliance professionals with skills and expertise in established and cutting-edge compliance disciplines and prepares them for broader leadership roles in Compliance risk management. 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 in the practice of Compliance.  


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 the 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 practitioners and seasoned industry experience in domain areas of expertise. Click here to view the list. 

Download programme brochure

Who Should Attend

This programme 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.


Minimum Entry Requirements

  • Minimum Education: Degree or equivalent
  • Minimum Work Experience: 3 years of 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 11 13-hour courses and assessments and the Capstone Project module.
  • Achieve a minimum CGPA of 2.50 at the completion of the Graduate Diploma.
  • Complete the Graduate Diploma within 3 years from the date of admission of the first course taken.
  • Successful recipients of the “Graduate Diploma in Compliance in Financial Services” 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, Compliance Advisory 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


  • Module: Retail Banking and Fintech Regulations
  • Eligible Public CPD Points: Day 1= 4.5, Day 2= 5. Total = 9.5 (TBC)
  • Practice Area: Banking and Finance
  • Training Level: Intermediate


  • Module: Wholesale Banking and Capital Markets Regulation
  • Eligible Public CPD Points: Day 1= 5, Day 2= 5. Total = 10 (TBC)
  • Practice Area: Banking and Finance
  • Training Level: Intermediate


  • Module: Private Client Compliance and External Asset Managers
  • Eligible Public CPD Points: Day 1= 4.5, Day 2= 4.5. Total = 9 (TBC)
  • Practice Area: Banking and Finance
  • 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.



Eligibility for IBF Advanced Level 2 includes successfully completing the required modules for each certification, having the required role experience, and being employed by FI in a compliance role at the time of application.


Please visit for more information on the IBF Certification.


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 IBF subsidy. Do note that SkillsFuture Credit 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.


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

Compliance in Asset Management and Financial Advisory Services - 25 & 26 Jan 2024
Compliance Data Analytics - 23 & 24 Feb 2024
Capstone Project: Integrated Compliance View - 28 Feb 2024
Handling Serious Compliance Incidents & Performance Management - 7 & 8 Mar 2024
Financial Crime Regulation - 3 & 4 Apr 2024
Retail Banking And Fintech Regulation - 22 & 26 Apr 2024
Compliance/Regtech and Project Management - 23 & 24 May 2024
Compliance Monitoring, Surveillance and Controls - 27 & 28 Jun 2024
Wholesale Banking and Capital Markets Regulation - 8 & 9 Jul 2024
Compliance in Private Banking and Wealth Management - 29 & 30 Jul 2024
Compliance Risk and Compliance Culture - 29 & 30 Aug 2024
Compliance Strategy, Policy and Advice - 26 & 27 Sep 2024



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

AML Officer

Class of 21/22

Local Bank

Both Loretta and Chee Kin were great trainers. Loretta is superb as an instructor and very adept at getting across to students' practical application of reg compliance and helpful regulator engagement practices. Chee Kin's perspectives, insights and thought processes on developing and rethinking compliance frameworks in uncharted territory were a bonus.

Business Compliance Head

Class of 21/22

Foreign Bank

I really like the quality of the trainers so far. Not only are they well-regarded professionals in the industry, but they are also very good trainers! The guest speakers have so far also been excellent. I particular enjoy the one for this module - Retail Banking And Fintech Regulation.

Process and Quality Specialist

Class of 21/22

Foreign Bank

Register for Online Information Session

Get a chance to speak with our team in an online information session to learn more about WMI’s Graduate Diploma in Compliance in Financial Services 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

17 Jan 2024, Wednesday, 5pm
24 Jan 2024, Wednesday, 5pm
31 Jan 2024, Wednesday, 5pm
7 Feb 2024, Wednesday, 5pm

Enquire Now