Advanced Diploma in Compliance Risk Management

Ideal for Mid-career professionals with minimum 3+ years relevant experience.
2025 Schedule Available
Up to 70% IBF Subsidy and SkillsFuture Credit Claimable

Programme Overview

Master the Complexities. Lead with Confidence.

In today’s fast-changing regulatory landscape, staying ahead is no longer optional—it’s essential. The Advanced Diploma in Compliance Risk Management is designed for professionals in compliance, risk, audit, and legal functions who are ready to deepen their expertise, sharpen their strategic thinking, and become trusted leaders within their organisations.

 

This career-focused programme combines core compliance foundations with technology-forward specialisations, equipping participants to manage complex regulatory challenges and drive compliance innovation. Through immersive modules led by senior practitioners, you’ll gain the tools to lead with clarity and credibility.

 

More than just a qualification, this diploma is a career accelerator. Graduates will be eligible for IBF Level 2 certification and awarded the Advanced Diploma in Compliance Risk Management—a recognised mark of professional capability in the compliance domain.

 

Whether you’re implementing MAS regulations, strengthening internal controls, or leveraging RegTech solutions, this programme prepares you to lead confidently in high-stakes environments.

 

Key Learning Outcomes:

  • Compliance Strategy & Governance
  • Incident Handling & Investigations
  • Policy Design & Regulatory Frameworks
  • Compliance Data Analytics – including AI, machine learning & big data
  • Regulatory Compliance in Financial Services
  • Financial Crime Monitoring & Prevention

 

Programme Highlights

  • Practitioner-led learning from industry experts and senior professionals
  • Hands-on, case-based application of compliance concepts
  • Access to a professional network of compliance and risk experts
  • IBF-accredited certification upon successful completion

 

Flexible, Part-Time Learning for Working Professionals
This modular programme is tailored for busy professionals. You may take individual modules or complete the full diploma at your own pace.

 

Our blended learning approach includes:

  • Online pre-class sessions to build foundational knowledge
  • In-person workshops for hands-on application and deeper learning

 

Each module includes practical assessments to reinforce key concepts and ensure you can confidently apply what you’ve learned in your current or future roles.

Who Should Attend

  • Mid-career professionals and aspiring specialists who want to strengthen their compliance risk management skills and stay competitive in a rapidly transforming landscape.
  • For compliance professionals with 3+ years’ experience to advance their compliance risk management capabilities.

Useful Links

Programme Structure

 

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.

 

The programme is structured with five mandatory core modules along with a choice of one out of two specialisations and one out of four electives.

 

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

 

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.

Core Track (Complete All Modules)

Specialisation Track (Choose One)

Elective Modules (Choose One)

Minimum Entry Requirements

  • Minimum Age: 24 years of age
  • 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.

Download programme brochure

Fees and Funding
Core
Modules
Full Fees
(S$)
Fees after subsidies include 9% GST from 1 Jan 2024 (S$)
Before GST After GST
Singaporean
Aged Below 40 / PR
Company-Sponsored/Self Sponsored
Singaporean
Aged 40 & Above
Company-Sponsored/Self Sponsored

Compliance Risk and Compliance Culture

2,300.00 2,507.00 1,357.00 897.00

Compliance Strategy, Policy and Advice

2,300.00 2,507.00 1,357.00 897.00

Handling Serious Compliance Incidents & Performance Management

2,300.00 2,507.00 1,357.00 897.00

Compliance Data Analytics

2,300.00 2,507.00 1,357.00 897.00

Compliance/Regtech and Project Management

2,300.00 2,507.00 1,357.00 897.00
Specialisation
Modules
Full Fees
(S$)
Fees after subsidies include 9% GST from 1 Jan 2024 (S$)
Before GST After GST
Singaporean
Aged Below 40 / PR
Company-Sponsored/Self Sponsored
Singaporean
Aged 40 & Above
Company-Sponsored/Self Sponsored

Financial Crime Monitoring, Surveillance and Controls

2,800.00 3,052.00 1,652.00 1,092.00

Regulatory Compliance in Financial Services

2,800.00 3,052.00 1,652.00 1,092.00
Elective
Modules
Full Fees
(S$)
Fees after subsidies include 9% GST from 1 Jan 2024 (S$)
Before GST After GST
Singaporean
Aged Below 40 / PR
Company-Sponsored/Self Sponsored
Singaporean
Aged 40 & Above
Company-Sponsored/Self Sponsored

Family Office Risk Management and Controls

2,000.00 2,180.00 1,180.00 780.00

ESG Risk Management and Controls

1,300.00 1,417.00 767.00 507.00

Digital Assets – Regulatory & Compliance

1,300.00 1,417.00 767.00 507.00

Compliance Change Transformation

1,300.00 1,417.00 767.00 507.00

Graduation Criteria

  • Successful completion of all required 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 Compliance Risk Management” who have at least 3 years of relevant or private banking experience and meet all other relevant IBF certification criteria can apply for the relevant IBF Certification under “IBF Advanced (Level 2)” depending on the specialist module chosen, in the job families of Compliance Advisory, 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.

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).

 

Prices shown are based on the prevalent IBF-STS subsidies. T&Cs apply.

 

NTUC members enjoy 50% unfunded# course fee support for up to $250 each year when you sign up for courses supported under Union Training Assistance Programme (UTAP). NTUC members aged 40 and above will get increased funding support from $250 to $500.

#Unfunded course fee refers to the balance course fee payable after applicable government subsidies. This may include materials fees, registration fees and misc 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

Dates published may be subject to change.

Modules

Compliance Risk and Compliance Culture - 23 & 24 April 2025
Compliance Strategy, Policy and Advice - 25 & 26 Aug 2025
Handling Serious Compliance Incidents & Performance Management - 22 & 23 May 2025
Compliance Data Analytics - 25 & 27 June 2025
Compliance/Regtech and Project Management - 8 & 9 May 2025
Modules

Specialisation Modules

Financial Crime Monitoring, Surveillance and Controls - 24 & 25 July 2025
Regulatory Compliance in Financial Services - 21 & 22 July 2025

Elective Modules

Family Office Risk Management and Controls - 26 June 2025
ESG Risk Management and Controls - 16 & 17 July afternoon
Digital Assets – Regulatory & Compliance - 26 May 2025
Compliance Change Transformation - TBC

Certification

Participants who successfully complete the programme will be awarded: 

Accreditation

Accreditation

SILE

 

  • Module: Regulatory Compliance in Financial Services
  • Eligible Public CPD Points: 13 Public CPD Points: Day 1= 7.5, Day 2= 5.5.
  • 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 www.sileCPDcentre.sg for more information.

Certification

Certification

This course addresses the following Technical Skills and Competencies (TSCs) and proficiency level:

Compliance Risk and Compliance Culture

  • Ethical Culture PL4
  • Business Risk Assessment PL4
  • Corporate Governance PL4
  • Risk Management PL4

Compliance Strategy, Policy and Advice

  • Strategy Planning PL4
  • Stakeholder Management PL4
  • Compliance Mindset Development PL4
  • Policy Implementation and Revision
  • Regulatory Compliance
  • Risk and Compliance Reporting

Data Analytics for Compliance Risk Management

  • Data Collection and Analysis PL4
  • Data Mining and Modelling PL4
  • Risk Analytics PL4

Compliance/Regtech and Project Management

  • Business Requirements Mapping PL4
  • Project Management PL4
  • Data Storytelling and Visualisation PL4
  • Budgeting PL3
  • Contract and Vendor Management PL4

Handling Serious Compliance Incidents & Performance Management

  • Continuous Improvement Management PL4
  • People Performance Management PL4
  • Regulatory Compliance PL4

AML and Financial Crime Compliance

  • Customer Acceptance Checking and Onboarding PL4
  • Monitoring and Surveillance PL4
  • Regulatory and Legal Advisory PL4
  • Scenario Planning and Analysis PL4
  • Technology Application PL3

Regulatory Compliance in Financial Services

  • Regulatory and Legal Advisory PL4
  • Regulatory Compliance PL4

 

Family Office Risk Management and Controls

  • Regulatory Compliance PL3
  • Risk Management PL3

ESG Risk Management and Controls

  • Regulatory Compliance PL3
  • Sustainability Risk Management PL3

Digital Assets – Regulatory & Compliance

  • Regulatory and Legal Advisory PL3

Compliance Change Transformation

  • Change Management PL4

 

Participants are encouraged to access the IBF MySkills Portfolio (https://www.ibf.org.sg/programmes/Pages/MySkills-Portfolio.aspx) 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/certification/Pages/Why-be-Certified.aspx

FAQs

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 Compliance Risk Management programme.

 

Register now for a one-hour virtual session to receive an overview of the programme and have any enquiries about WMI addressed at your convenience.

Upcoming Dates

Enquire Now

Related Articles

Previous
Next