Apprenticeship training course

Compliance and risk officer (level 3)

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.

• Qualification level: 3 ; Equivalent to A level.
• Typical duration: 15 months
• Apprenticeship category: Legal, finance and accounting
• Maximum funding: £11,000 ; Maximum amount government will fund ; for apprenticeship training.
• Also known as:
  • Anti-money laundering specialist
  • Compliance officer
  • Financial crime officer
  • Risk officer
• Skills:
  Skills an apprentice will learn

  • Implement legal and regulatory framework requirements.
  • Deliver risk and compliance services to stakeholders using organisational systems and processes.
  • Plan and organise workloads to meet individual and team performance targets.
  • Identify ways to reduce and mitigate incidents of non-compliance.
  • Escalate compliance and risk issues where appropriate in line with organisational procedures.
  • Manage records in order to meet audit requirements of the organisation.
  • Produce evidence-based reports and management information for stakeholders considering visualisation techniques when presenting data.
  • Select and use communication methods applicable to the audience and circumstances, for example, presentations, phone, face to face, email, virtual meetings.
  • Communicate about products with customers, colleagues or stakeholders in different styles, for example visually, verbally, written, using e-comms.
  • Build and maintain working relationships.
  • Identify own training needs and seek feedback to improve performance and service delivered.
  • Apply continuous improvement techniques when delivering improved compliance outcomes and mitigating risks.
  • Record information electronically and make use of available technology, for example Management Information Systems (MIS), spreadsheets, presentation software, word processing, email, virtual communication.
  • Handle data safely and securely and share information in compliance with data protection legislation and organisational policy.

Full information on Compliance and risk officer (level 3) is available from the Institute for Apprenticeships and Technical Education.

Find training providers for this course

Apprenticeship location

Check if a provider can offer this training for the apprenticeship location.