Senior Compliance and Risk Specialist Apprenticeship (Level 6)

Senior Compliance and Risk specialists provide specialist input and advice in their areas to senior figures in the business. From solving complex problems to implementing legal or regulatory requirements.

Designed to develop apprentices into fully competent, confident and credible finance specialists, apprentices on this programme will focus on Governance, Risk and Compliance. They will also study towards a qualification from the International Compliance Association (ICA) alongside their apprenticeship.

Developed in partnership with globally recognised institutes and organisations of all sizes, a Kaplan Banking and Financial Services apprenticeship is anything but standard.

Who's it for?

This apprenticeship is ideal for organisations looking to develop the talent of aspiring Banking and Financial Services professionals looking to develop their career to the top of their profession.

It’s ideal for more senior talent who have exposure to and influence over senior figures, looking to upskill and develop their confidence in their role. Individuals on this programme will need to complete a business related project and they should already be initiating and implementing risk and compliance policies.

If you’re seeking to maximise the benefit of time used as part of off-the-job training and develop technical excellence coupled with sector relevant skills that can be directly applied to the role, this apprenticeship might be the right option for you.

Job roles

This apprenticeship will benefit those already working at a more senior role within Risk and Compliance.

Individuals on this programme will typically be employed in roles such as Risk and Controls Manager, Operational Risk Manager, Senior Compliance Specialist, Senior Risk Specialist, Credit Monitoring Manager, and Compliance Manager.

Applicants must be employed in a relevant role to apply.

One of the key things to success is that the job role and Line Manager provide the opportunities, support and relevant work based projects to be able to contextualise and apply the apprentice’s learning back in the workplace, to gain real competency in that area.

Career progression

An apprentice’s journey doesn’t end when their apprenticeship has finished. Individuals will be able to apply for membership with the ICA and can undertake continuous professional development to enhance their career and stay up to date with the latest standards and best practices of the industry.

Eligibility

In order to complete this apprenticeship, you will require at least one of the following:

ICA International Advanced Certificate; or,
degree or professional qualification in an appropriate discipline; or
three years relevant work experience.

You must also be able to evidence that you are learning new skills and are employed in England, in a relevant role. Kaplan will support you to assess the job role suitability as part of your application.

Employers may specify that candidates have at least a grade 5 GCSE (or equivalent) in Maths and English. If apprentices don’t have a Level 2 in Maths and English, Kaplan offers free resources and support to make sure they develop their understanding and application of these subjects by the end of the apprenticeship. Learners starting their apprenticeship without Level 2 in Maths or English will complete a Level 2 Functional Skills qualification.

Level

Level 6

Apprenticeship

Senior Compliance and Risk Specialist

27 months with Gateway at 21 Months.

Costs / funding band

£23,000
Free for learners
£121 membership to the ICA sits outside of levy funding

Qualifications

We offer an ICA International Diploma in Governance, Risk and Compliance as part of this apprenticeship.

Looking to recruit or upskill existing staff?

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Aiming to launch your career?

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About the programme

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Workbased learning

Our programmes provide a structured, applied learning route that ensures learning and skills are directly applied to the role and maximises the time used as part of off-the-job training.

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Specialist knowledge

This programme is designed to give your employees the skills and tools they need to solve complex problems and implement legal or regulatory requirements. It provides a framework for core knowledge as well as a specialism option.

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Support and insight for managers

We have robust processes and reporting in place to ensure you and your line managers have all the insight needed to help your apprentices progress and succeed.

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Support for apprentices

Each learner has regular 1:1 contact and progression reviews to keep them on track, review their portfolio, and get them fully prepared for their assessments.

Included in this apprenticeship

Our Senior Compliance and Risk Specialist programme integrates modules of technical training with work based experience to develop the necessary skills to build capability and credibility that can be directly applied in the workplace. For each module, learners benefit from attending small, scheduled Live Online classes taught by a subject matter specialist. Each apprentice will also have access to online materials which they will be directed to use. Classes are interactive and discursive, giving apprentices quality time with tutors and sector peers to support the development of their knowledge and skills and bring new perspectives to their thinking.

ICA Qualification pathways

Develop technical knowledge working towards the ICA Professional Qualification, with a choice of relevant pathways depending on the individual role and employer.

ICA International Diploma in Governance, Risk and Compliance

Suitable for: Compliance Officers/Managers and their deputies, Managers with responsibility for internal compliance controls, Risk Managers, Internal Audit staff, Regulatory Representatives, Individuals who completed the ICA International Advanced Certificate in Regulatory Compliance, Accountants, Lawyers. Company Secretaries

Overview:

Get to grips with the nuances of the regulatory environment and the impact to your organisation.
Understand why promoting a positive compliance culture is not just good for compliance but good for business.
Explore how to maximise the benefits of emerging technologies.
Develop your interpersonal skills so you can be the best Compliance Manager.
Learn from the experiences of compliance professionals from other firms and sectors and share ideas.

ICA International Diploma in Financial Crime Prevention

Suitable for: Fraud Prevention and Investigation Officers, Managers and deputies, Managers with responsibility for organisational fraud, financial crime & AML controls, Risk Managers, Advisory and investigation roles, internal audit and regulatory staff, law enforcement, individuals who have completed the ICA international diploma in AML or the ICA certificate in Financial Crime prevention.

Overview: Understanding and managing financial crime

Practical application of the International Standards
The prevention and detection of specific financial crime risks
Data and information security
Bribery and corruption
Electronic crime
Investigation, prosecution and recovery

ICA International Diploma in Anti Money Laundering

Suitable for: MLRO’s/MLPO’s and their deputies, Police and FIU/FCU staff, Managers with responsibilities for internal AML controls, Risk Managers, Individuals who have completed the ICA certificate in AML or ICA Advanced Certificate in AML, Accountants, Lawyers, Company Secret

ICA Workshops

As part of the programme, apprentices will get to take part in online workshops with the International Compliance Association (ICA), comprising:

A nine month course, run with a gapped approach to allow time for skills building and applying knowledge in the workplace and preparing for end point assessment in between modules
Diploma programmes are assessed by three end of module Multiple Choice assessments and two written assessments
Guided online studies and live participation sessions, including two virtual classrooms, an immersive learning scenario, and three assessment preparation sessions
Videos covering the latest industry developments and case studies
Access to the ICA members’ portal, containing additional reading and resources
Proactive support to keep learners on track.

Our dedicated Talent Coaches work with the apprentice and their line manager to ensure they have the statements and case studies required to demonstrate full competence and integration of technical knowledge.

Self study

Skills development

Areas of focus for this programme will include digital, sustainability and leadership themes. Apprentices will have a higher level of competence and confidence to assess potential risk or compliance issues and be able to make recommendations to key stakeholders.

Through discussion with their talent coach and line manager, apprentices will be directed to skills resources at the most optimal point in their programme and depending on the specific needs of their job role. Their talent coach will then support the ongoing development of these skills in the workplace during progress review meetings.

Self study

Microsoft Specialist Skills

Optional modules covering core Microsoft products, over 100 hours of online tuition supports learners in preparing for Microsoft accreditations. Globally recognised, our tuition and exams available at Associate and Expert levels will equip apprentices with the skills to unlock the potential of Microsoft Office products.

Available in a range of subjects including

Word
Excel
Powerpoint

date_range Timetables

We run three intakes per annum for the GRC pathway as follows (for starts on other pathways please enquire directly for start dates):

Intake one

Apprenticeship application deadline for this cohort is January 10th.

The apprenticeship programme will commence in February.

Intake two

Apprenticeship application deadline for this cohort is April 10th.

The apprenticeship programme will commence in May.

Intake three

Apprenticeship application deadline for this cohort is October 10th.

The apprenticeship programme will commence in November.

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Why choose Kaplan?

Leaders in our field

Banking and Finance apprenticeships are developed in partnership with some of the UK’s leading retail banks, insurance, wealth management and investment firms. We understand the requirements of organisations big or small working in an FCA regulated environment.

Future facing

Our programmes and support tools are developed with market leading employers. We understand the current and future needs of the industry and how to equip individuals to be ready for change.

Comprehensive learning

Learners attend scheduled classes involving lots of practical discussion and application. Our programmes provide a varied learning experience to give learners the knowledge they need and to ensure they meet the latest standards of the industry and organisation.

Expert teaching

Our tutors are all subject matter experts, with real world experience, and teach groups of diverse like minded learners from organisations across the UK.

Support for employers:

Named client solutions point of contact to support you at every stage
Recruitment service to help you hire an apprentice for a new vacancy
Transparency throughout the application and onboarding process for your learners
Sector expert tutors and talent coaches delivering relevant training and development
Learning that is applied to your organisation through work based experience
Accurate, timely and accessible tracking for each learner
Line Manager visibility of your learner’s portfolio dashboards

Support for learners:

Tutor contact via email outside of scheduled classes
Regular 1:1 contact and progress reviews with their line manager and a named, industry experienced talent coach to keep them on track, review their portfolio and get them fully prepared for their End Point Assessment.
Peer to peer contacts from across the industry as part of a small cohort - creating opportunities to spark new ideas and get new perspectives
Apprenticeship ePortfolio to track their progress, capture off-the-job activity and hours, manage and capture progress reviews, upload evidence, as well as communication with their Talent Coach
Student Service support available 362 days a year
Work based projects and support from a line manager to be able to contextualise and apply their learning back in the workplace