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Compliance / risk officer

Giving basic advice to financial services organisations on the legal and regulatory rules they must follow - such as those about data security or preventing money laundering

Summary of this apprenticeship standard

Level

3 (equivalent to A levels at grades A to E)

Typical length
15 months
Current funding band
Up to £9,000 per apprentice.
More information about funding
Entry requirements

Set by employer. Candidates will usually have level 2 English and maths or equivalent experience.

What apprentices will learn
  • how the financial services industry works and the role of the regulators
  • financial products and services
  • the law specific to their role
  • delivering services such as advice, help with data security, internal reviews and audits
  • analysing problems, including investigating fraudulent transactions
  • producing reports and management information
Qualifications

Apprentices will complete one of a range of qualifications. The employer will choose the qualification.

Before taking their end-point assessment apprentices must:

  • achieve level 2 English and maths (equivalent to GCSEs at grades A* to C)
Professional registration

Depending on the qualification they complete, apprentices are eligible to apply to:

  • International Compliance Association
  • Chartered Institute of Securities & Investment
  • Institute of Financial Services
  • Chartered Banker Institute
  • Chartered Insurance Institute
  • Chartered Institute of Credit Management
  • Institute of Risk Management
Documents

End Point Assessment

View a list of end point assessment organisations for this standard
Organisation Phone Number Email
NOCN 0114 227 0500
DSW Consulting 01302 760 008