Higher Diploma in Governance and Compliance in Financial Services

Letterkenny Institute of Technology (LY_HGOVE_G)
Key Programme Details
Award

Major Award from Letterkenny Institute of Technology

NFQ Level

8 About NFQ

Delivery Method

Classroom - Daytime

Mode

Part-Time

ECTS Credits

70

Department

Law and Humanities

Skills Area

Financial Services

General Information
Contact

Anne Burke

Email

Anne.burke@lyit.ie

Phone

074 918 6204

Address

Letterkenny Institute of Technology, Port Road, Letterkenny, County Donegal, Ireland, F92 FC9

Important Dates
Application Deadline

21/09/2017

Start Date

18/09/2017

About this Course

The Diploma in Governance and Compliance in Financial Services is a conversion course for graduates into the financial services industry. It is a one-year conversion in Legal, Governance, Data Protection and IT Aspects of Compliance in Financial Services which is central to the financial services sector and an area for considerable jobs growth. It is a conversion course and no previous knowledge of financial services is required or assumed. The programme aims to meet the Legal, Governance, Data Protection, IT Aspects of Compliance needs of financial service companies and is has been developed in collaboration with a number of key employers/stakeholders from the financial services industry. The Higher Diploma is designed to enhance skills, judgement and ability to deal with practical issues in the management and practice of compliance in the financial services industry. The programme gives graduates the essential knowledge and skills to develop a career in Financial Services Governance and compliance.



Key Features:
Level 8 Programme (70 ECTS)
Blended and flexible mode of delivery
Strongly aligned with industry jobs
Personal and supportive approach to teaching and learning
Skill base is transferable throughout the wider financial technology and general financial services areas
Best practice speakers
Work placement opportunities with Financial Service organisations



Having completed this programme, learners will be able to:

1. Discuss the impact of relevant regulation and the role of the various regulatory bodies on the operation of the compliance function
2. Explain the function of the Financial Services System and its participants
3. Evaluate security risks and controls related to information systems
4. Devise a regulatory relations policy in relation to inspections, themed visits and routine relations
5. Assess the level of corporate governance and IT governance in an organisation in accordance with the Combined Rules, IT governance standards and regulatory developments in this area
6. Operate effectively in a variety of team roles.
7. Demonstrate the ability for self-directed and independent learning from completion of various applied tasks.
8. Critically evaluate the importance of ethics and their role in the compliance function

Entry Requirements

Successful applicants will normally have a Level 8 degree in business or Law (or a degree comprising a substantial component of Law). Applications will also be accepted from candidates holding a qualification as a barrister or a solicitor in Ireland or the United Kingdom. RPL will be considered in accordance with the quality assurance procedures of LYIT therefore non-degree holders with relevant experience and level 7/level 6 qualifications may also be eligible.

Long Description

The Diploma in Governance and Compliance in Financial Services is a conversion course for graduates into the financial services industry. It is a one-year conversion in Legal, Governance, Data Protection and IT Aspects of Compliance in Financial Services which is central to the financial services sector and an area for considerable jobs growth. It is a conversion course and no previous knowledge of financial services is required or assumed. The programme aims to meet the Legal, Governance, Data Protection, IT Aspects of Compliance needs of financial service companies and is being developed in collaboration with a number of key employers/stakeholders from the financial services industry. The Higher Diploma is designed to enhance skills, judgement and ability to deal with practical issues in the management and practice of compliance in the financial services industry. The programme gives graduates the essential knowledge and skills to develop a career in Financial Services Governance and compliance.

Key Features:
Level 8 Programme (60 ECTS)
Blended and flexible mode of delivery
strongly aligned with industry jobs
Personal and supportive approach to teaching and learning
Skill base is transferable throughout the wider financial technology and general financial services areas
Best practice speakers
Work placement opportunities with Financial Service organisations

Having completed this programme, learners will be able to:
1. Discuss the impact of relevant regulation and the role of the various regulatory bodies on the operation of the compliance function
2. Explain the function of the Financial Services System and its participants
3. Evaluate security risks and controls related to information systems
4. Devise a regulatory relations policy in relation to inspections, themed visits and routine relations
5. Assess the level of corporate governance and IT governance in an organisation in accordance with the Combined Rules, IT governance standards and regulatory developments in this area
6. Operate effectively in a variety of team roles.
7. Demonstrate the ability for self-directed and independent learning from completion of various applied tasks.
8. Critically evaluate the importance of ethics and their role in the compliance function


Testimonial from Folasade, June 2017
'Having been out of work for awhile and experiencing difficulty re-engaging employment, I realised that I needed to reskill to transit from unemployment to my target job in the Financial Services, a sector of the economy that is currently experiencing significant growth rate. So early in 2016, I began the search for a course that would enable me harness my strong academic credentials in Law and equip me with requisite knowledge of Financial Services governance and compliance. I have achieved this through the Higher Diploma in Governance and Compliance in Financial Services course at Letterkenny Institute of Technology. Through its multi-disciplinary content, including Law, Audit and IT, I have an in-depth understanding of the current EU regulatory framework as well as essential IT skills to leverage the use of data analytics in a supervisory, compliance and/or investigative role.
The course is well resourced with lecturers and guest speakers who are industry experts with significant experience in the taught subjects. They were very accommodating and encouraged participation by all students in the learning process. Any anxiety regarding the novelty of a couple of the subjects paled in the light of the encouragement and support that I received from lecturers. This, for me, is the defining element of the course. And now as I re-engage the workforce through the work experience element of the course, I confidently recommend this course as an invaluable credential to have in the pursuit of a successful career whether in Financial Services or any of the component disciplines.'

Timetable Info

SEMESTER 1
Financial Services
Data Protection
Information Systems Fundamentals
Regulation, Governance and Ethics

SEMESTER 2
Legal & Regulatory Aspects of Compliance
IT Governance (Compliance & Privacy)
Information Systems Auditing and Risk Management
Work Placement

Delivery Location

Campus/Classroom

Delivery Notes

Step 1: Register on springboardcourses.ie

Step 2: Log-in on Springboard website and apply for course(s).

Step 3: Kathleen Mulvin-Brady will respond to your application and request all relevant documentation. Note your application will not be processed until all documentation has been received.

Gather all required documentation(required documentation differs depending on course):
- social welfare receipt, letter from social welfare or letter from commissioner of oaths
- Photo or Scanned original copy of your transcripts/college results
- Photo or Scanned copy of passport to verify ID and full legal name
- Any other relevant documentation to support your application, such as a CV or professional certificates.

All requested documentation are compulsory documents. It can take time to gather these documents so please do so prior to submitting your application.

Step 4: Once your documentation has been uploaded and received it will be sent to the Head of Department and reviewed.

Step 5: You will received an email letting you know if your application is successful or unsuccessful.

Step 6: Log-in to Springboardcourses.ie to accept your offer.

Admissions Contact Details
Instructor

Kathleen Mulvin Brady

Address

Registry, Letterkenny Institute of Technology - Port Road - Letterkenny - County Donegal - Ireland

Phone

074 918 6177

Email

Kathleen.Mulvin-Brady@lyit.ie

RPL Information

RPL: Recognition of Prior Learning Prior learning can be Certified or Experiential. Prior Certified Learning is where an applicant has already been awarded a qualification for a formal programme taken at an institution or training organisation. This prior learning can be recognised on the National Framework of Qualifications and may entitle the applicant to: Admission to a programme or course of study, The award of advanced academic standing, The award of exemptions from some parts of a programme. Recognition of Prior Experiential Learning involves the awarding of credit for learning from experience. In this case, the candidate must demonstrate that the learning experience has occurred by producing a Portfolio of Evidence to support the claim for access, exemption or credit (in some instances the assessor may decide to use an alternative method of assessment, e.g. project or exam.