ICA/AFMA Anti Money Laundering/Counter Terrorism Financing Graduate Program


Overview

The ICA/AFMA Anti Money Laundering (AML)/Counter Terrorism Financing (CTF) Graduate Program is a workplace focused qualification, developed jointly by ICA and the Australian Financial Markets Association (AFMA). It provides a comprehensive outline of AML/CTF practices in Australia and also focuses on international best practice to examine key legislation, regulations, strategies, frameworks and vulnerabilities. The qualification provides a comprehensive survey of AML/CFT practice in Australia today.

The ICA/AFMA Anti Money Laundering and Counter Terrorism Financing Graduate Program is jointly awarded by AFMA and ICA. On successful completion of the program you will receive two awards: the International Diploma in Anti Money Laundering jointly awarded by ICA and Alliance Manchester Business School, the University of Manchester and the AFMA FNS80115 Graduate Diploma of Applied Anti-Money Laundering and Counter Terrorism Financing. 

Who is this course suitable for?

The program is designed to give financial crime professionals a deep understanding of ML/TF risks and to equip them with tools to strengthen their organisations against abuse by criminals. It is suitable for individuals who work within financial institutions as well as individuals who work in partnership with financial institutions as advisers, regulators, policymakers or law enforcement. It is designed for individuals who wish to build a career as an anti-money laundering and counter terrorism financing compliance and management professional.

  • AML professionals
  • Managers with responsibility for internal AML/CTF compliance and controls
  • Compliance managers
  • Risk managers
  • Law enforcement
  • Regulatory staff
  • Accountants, lawyers and company secretaries

What will you learn?

The program is designed to enable compliance and AML professionals to perform the following skills:

  • Design an anti money laundering and counter terrorism financing program
  • Design and assess controls to monitor money laundering and terrorism financing risk 
  • Design and monitor a reporting system for suspicious transactions
  • Design customer due diligence policies and procedures
  • Manage assessment of organisational vulnerability to money laundering and terrorism financing
  • Implement an anti money laundering and counter terrorism financing program
  • Lead compliance with financial services legislation and industry codes of practice
  • Develop and build effective relationships with regulators and industry bodies

For more details, please see our program brochure.

Entry requirements

Entry to this program is limited to individuals who are able to apply advanced knowledge and skills in financial crime compliance and management. Applicants must meet at least one of the following criterias:

  • 5 years of recent relevant workplace experience. Relevant experience includes a broad range of roles and responsibilities in financial markets and financial services, e.g. dealing and sales roles
    OR
  • 3 years of recent relevant work experience and a diploma qualification (or equivalent)
    OR
  • 2 years of recent relevant workplace experience and a bachelor degree e.g. a bachelor of Commerce or a Bachelor of Arts

Interested students are required to submit an Application for Admission Form, with an up-to-date Curriculum Vitae and academic transcripts (if required). If your eligibility is approved, you will be invited to enrol.

To apply, please go to the following online application.

For existing holders of the Diploma in Applied AML/CTF Management (FNS51710/FNS51715) who are looking for an upgrade to this qualification, please contact education@afma.com.au separately.

How can you study?

The program comprises three modules, which are completed via a combination of mandatory workshop attendance, self-study, online discussion and assessment.

The components of the program are:

Download course dates here

Each module is self-standing and can be studied by itself; it is not necessary to enrol in all three modules. However, to be awarded the dual qualifications, it is necessary to successfully complete all three modules. It is strongly recommended that individuals who wish to build a career in AML/CTF complete all three modules, as they constitute an integrated program providing complete professional training for AML/CTF officers.

How will you be assessed?

  • Three x 3,500 word assignment
  • Six case studies for your skills assessment
  • Mandatory weekly online discussion forums (approximately 10 weeks per module)
  • Participate in assessable workshop activities

What will you achieve?

When you successfully complete the Program, you will achieve one or more of the following:

  • The FNS80115 Graduate Diploma of Applied Anti-Money Laundering and Counter Terrorism Financing, a nationally recognised professional qualification in Australia.
  • The ICA International Diploma in Anti Money Laundering, awarded in association with Alliance Manchester Business School, the University of Manchester. This is an internationally recognised Honours degree level qualification, which is mapped against international occupational standards of competence in AML/CTF, entitling you to use the post nominal Int Dip (AML).
  • Eligibility for professional membership of the ICA, entitling you to use the designation MICA (Member of the ICA) and, after 5 years, FICA (Fellow of the ICA).
  • Eligibility for AFMA Accreditation if your employer is an AFMA member.
  • Up to 90 CE hours (Regulation & Compliance).

Candidates successfully completing a single module will receive a Statement of Attainment.

What does it cost?

Single module registration:
AFMA Member: AUD 2,400
AFMA Non-member: AUD 3,000

All 3 modules registration:
AFMA Member: AUD 6,510
AFMA Non-member: AUD 8,100

Enrolment

ENROL NOW

Any questions?

Call +612 9776 4411 or email  education@afma.com.au.

 

 

 

SGW096_mailinglist

Phone: +65 6500 0010

Blogger facebook LinkedIn Twitter youtube google + Trust Pilot

© 2015 International Compliance Training Academy Registration number: 200706149E Period of registration: 12/03/2017 - 11/03/2021