Academy of Excellence in Financial Crime Investigation and Compliance

Globally, financial crime and money laundering costs companies, governments and individuals more than $1.45 trillion, according to the World Economic Forum. Additionally, compliance obligations are ever evolving as regulatory requirements, technology advances and inefficient operations cause rise to new and various risks that need to be mitigated. The Graduate Certificate in Financial Crime Investigation and Compliance is a 40CP program, with a duration of 0.5 years full time or 1 year part-time (alternative part-time options may be available) and will equip you with fundamental knowledge in the area of financial crime investigation and compliance and provide a pathway to the Master of Financial Crime Investigation and Compliance.

Career Opportunities

The Graduate Certificate in Financial Crime Investigation and Compliance will equip you with the foundational knowledge you need to pursue an operational career in the financial industry with the necessary knowledge to observe and report inappropriate or illegal use of funds. Upon successful completion of the Graduate Certificate, you can also gain entry to the Master of Financial Crime Investigation and Compliance.

Find out more about the Graduate Certificate

Financial crime is an increasingly important interdisciplinary area that requires specialist trained staff to identify and report illegal financial activities across a span of industries. Financial crime investigators and compliance officers help safeguard the financial system and the economy, which ultimately benefits all members of society.

Currently there is a shortage of qualified anti-money laundering and counter-terrorism financing (AML/CTF) experts to monitor and minimise the risk, and the increase in regulation will exacerbate this shortage. There is high demand for this expertise in the banking, finance, insurance, superannuation, gaming and law enforcement industries with future regulation likely to also include industries such as real estate, jewellers, motor car brokers, accountants, lawyers and more.

In response to this demand, Griffith University has introduced the Master of Financial Crime Investigation and Compliance program. The program has multiple admission pathways to suit a range of industry and academic experiences. Undertaking this program will prepare you for a range of career paths, including roles in financial crime compliance, sanctions management, anti-bribery and corruption compliance, investigation of anti-money laundering/counter-terrorism financing, forensic accounting, data management and analysis, risk management, regulatory advisory, fraud prevention, and Know Your Customer (KYC) processes.

Find out more about the Master of Financial Crime Investigation and Compliance

About the Micro-Credentials

The Academy of Excellence in Financial Crime Investigation and Compliance offer co-designed Micro-Credentials to industry partners. These introductory micro-credentials are co-designed with the client to ensure a bespoke offering that aims to train participants with a solid introduction to financial crime, the investigative mindset required for monitoring and reporting suspicious behaviour, as well as the vital role each staff member plays in the prevention, detection, and resolution of financial crime. Incorporating insights from Criminology, Forensic Accounting and Data Analytics, these micro-credentials were designed to set a new national standard for anti-financial crime investigation and compliance practices.

Program Delivery and Duration

Each micro-credential runs for six (6) weeks and represents approximately three (3) hours of online learning per week, delivered via the Griffith University Learning Management System, Canvas.

Each micro-credential consists of weekly self-paced learning modules and facilitated webinars. Webinar discussions are designed to support participants through each micro-credential and network with peers. Attendance at these is optional.

General Design Principals

1. Experiential Learning: The modules are specifically tailored toward enhancing investigative skills of financial crime investigation and compliance staff using an experiential learning pedagogy in which participants are presented with a series of case studies that enable them to gain hands-on experience in applying these skills.

2. Pathway to future study: Through the delivery of the micro-credentials, participants are introduced to postgraduate study options in the areas of Criminology, Business and ICT to encourage them to further upskill and deepen the impact they can have in their current role.

3. No information overload: They are designed to focus on skills and competencies and not on overloading participants with too much information that can be difficult to retain. The content is focused on building the underlying investigative, report writing and data visualisation skills required for their career in financial crime investigation and compliance.

4. Combination of Content and Activities: Micro-credentials are comprised of content and activities that focus on the enhancement of skills. After completing activities, students are asked questions to demonstrate their understanding of the content, rather than have them read/memorise information.

Micro-Credentials

Introduction to Financial Crime Investigation: Develop a solid foundation on financial crime investigation concepts

The Framework and the Regulatory Environment: Examine roles and obligations in relation to regulatory frameworks.

Organisational FCIC Management and Reporting: Enhance knowledge of governance and risk management systems.

Fraud and Financial Crime Investigation: Strengthen skills in business intelligence analytics.

Recognition on Completion

On completion of each micro-credential, participants are eligible for a Digital Badge to showcase their achievement online to peers, employers and the wider community.

In addition to this, successful completion of a suite of two approved micro-credentials has the potential to offer up to 10CP credit against a prescribed course into Griffith's Graduate Certificate in Financial Crime Investigation and Compliance (a maximum of 20CP credit available upon completion of all four micro-credentials)

To discuss how these micro-credentials can be adapted to suit your requirements, pricing, and delivery timeframes please reach out.

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Background

Building on the success of the micro-credential program, the Academy is exploring additional more targeted short courses, particularly in the areas of Financial Crime and Cyber. These short courses are designed to provide an accessible training solution for smaller organisations and individuals that have identified specific skill gaps or emerging trends as a focus of upskilling.

Structure

Whilst the focus of course content would vary across the financial crime and cyber areas, the general principles of each would be similar, making it easy for participants to stack learning together and join multiple short courses.

Each course consists of approximately five (5) hours of learning and would include:

• Self-paced learning modules focused on theory and covering general principles
• A facilitated online workshop with case studies and interactive discussions
• Learning activities and assessment designed to provide participants the opportunity to demonstrate skill development

Available Courses

• Financial Crime Investigation 101
• Financial Crime Disruption and Prevention: Offender Methodologies and Victimology
• Mastering the Risk-based Approach to Risk Assessment
• Effective SMR Report Writing

Register for FCIC short courses

Other Short Courses at Griffith

Learn About Griffith Advantage

Foundations of Financial Crime Investigation and Compliance Student Micro-Credential

The Academy of Excellence in Financial Crime Investigation and Compliance offers a FREE student Micro-Credential in the Foundations of Financial Crime Investigation and Compliance to all current Griffith University students and staff.

The Micro-Credential is co-designed with industry with the aim to introduce participants to introductory financial crime issues and how to better protect themselves against scams. The modules are self-paced to allow students to complete them in their own time and then receive a digital badge upon completion.

Topics covered include:

• What is Financial Crime?
• Anti-Money Laundering / Counter Terrorism Financing Frameworks in Australia
• Organisational Governance, Management Responsibilities and Risk Management
• Internal Fraud

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