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Senior Compliance/Risk Specialist

Level 6 - England

Course Summary

This apprenticeship prepares employees for giving high-level advice to financial services organisations on legal and regulatory rules, such as those about data security or preventing money laundering.

Start date: Flexible

Level: 6

Duration: 36 months

Delivery: Blended

Assessment: On-programme and end-point assessment

Qualification: Apprenticeship including Advanced Diploma in Insurance, Diploma in Insurance

Entry requirements: Set by employer

Who is it for?

Those who want to provide professionally qualified technical support in a financial adviser business – support for which there is increasing demand, due to recent regulatory changes. The role of the paraplanner is to help the financial adviser research, analyse and prepare compliant financial reports for clients.

What will they learn?

Within the risk or compliance function of organisations, the role of the Senior Compliance/Risk Specialist is to provide high-quality advice in areas such as risk, financial crime, compliance, and modelling or analysing data. This is likely to include dealing with complex problems, implementing new legal or regulatory requirements, and working with senior managers. So apprentices will gain a grounding in ethical standards, and acquire significant technical expertise – as well as excellent influencing skills, as there can often be differing views on the appropriate action to take. They will also gain a thorough knowledge of risk and compliance frameworks, policies and procedures.

This is a ‘core and options’ model, where apprentices can cover specific technical knowledge in a single option.


  • CII Advanced Diploma in Insurance, Diploma in Insurance exams
  • Assessment at the end (‘end-point assessment’)

What's next?

Having completed this apprenticeship, the employee can go on to apply for membership of the appropriate professional body, depending on which qualification they take.

They will be fully competent in the role, and can continue to develop their career through a range of possible pathways – in the compliance/risk area or other areas of the business, applying the specialist expertise they’ve gained.

Future job roles

  • Compliance manager
  • Credit monitoring manager
  • Financial crime manager
  • Operational risk manager
  • Risk & controls manager
  • Senior compliance specialist
  • Senior risk specialist

Technical information

You can find out more here.


If you are ready to support the individual training needs of the apprentice, then you are ready to take the first step on the Aspire programme. Please complete our registration form and we will contact you.