Graduate Diploma of Anti-Money Laundering and Counter Terrorism Financing - FNS80120
Australian Centre for Financial and Environmental Compliance Pty Ltd
Type of institution: Registered Training Organisation
Level: Postgraduate
CRICOS:
This qualification reflects the role of individuals who apply advanced knowledge and skills in an anti-money laundering and counter terrorism financing compliance and management role. Individuals at this level make high level autonomous decisions and use initiative and judgement to plan and implement a range of anti-money laundering and counter terrorism financing management functions in varied contexts. They have full responsibility and accountability for personal outputs and for the work or function of others.They use cognitive and creative skills to review, critically analyse, consolidate and synthesise knowledge, in order to generate ideas and provide solutions to complex problems. They use communication skills to demonstrate their understanding of theoretical concepts and to transfer knowledge and ideas to others.Licensing/Regulatory InformationNo licensing, legislative or certification requirements apply to this qualification at the time of publication.
Subjects
- Lead compliance with financial services regulations and industry codes of practice
- Design and assess controls to monitor money laundering and terrorism financing risk
- Design anti-money laundering and counter terrorism financing programs
- Implement an anti-money laundering and counter terrorism financing program
- Develop and build effective relationships with regulatory and industry bodies
- Manage portfolio communications and change
- Lead design and review of enterprise systems
- Manage and review portfolio performance
- Manage portfolio risk
- Lead the portfolio
- Design customer due diligence policies and procedures
- Design and monitor reporting systems for suspicious transactions
- Manage assessment of organisation vulnerability to money laundering and terrorism financing
Standard entry requirements
Entry to this qualification is limited to those individuals who:have completed a Diploma or Advanced Diploma qualification in related field of study and three years equivalent full-time workplace experience at a banking or financial institution with exposure to transaction processes, controls, and/or client onboardingORhave completed a Bachelor degree in related fields of study or FNS80020 Graduate Certificate in Anti-Money Laundering and Counter Terrorism Financing, and two years equivalent full-time relevant workplace experience at a banking or financial institution with exposure to transaction processes, controls, and/or client onboardingORhave five years equivalent full-time relevant workplace experience at a banking or financial institution with exposure to transaction processes, controls, and/or client onboarding at a significant level of project or program leadership and management responsibility and/or complexity in an enterprise.
