Qualification Outline
22/07/2026 2:54 PM AWST
Whilst all efforts are made to provide accurate and timely information from the relevant source/documentation, please be aware that the information supplied may not be the most current version. The accuracy of the detail has not been confirmed by the Department and therefore should not be relied upon without first confirming the contents.
Graduate Diploma of Anti-Money Laundering and Counter Terrorism Financing
Graduate Diploma of Anti-Money Laundering and Counter Terrorism Financing
FNS80120
BFE4
Current
Approved
National Endorsed, State Implementation and Classification
Releases
| Release Version | Release Date | TGA Status | DTWD Status |
|---|---|---|---|
| 1.00 | 01/07/2020 | Current | Approved |
Description
This qualification reflects the role of individuals who apply advanced knowledge and skills in an anti-money laundering and counter terrorism financing compliance and management role.
Individuals at this level make high level autonomous decisions and use initiative and judgement to plan and implement a range of anti-money laundering and counter terrorism financing management functions in varied contexts.
They have full responsibility and accountability for personal outputs and for the work or function of others.
They use cognitive and creative skills to review, critically analyse, consolidate and synthesise knowledge, in order to generate ideas and provide solutions to complex problems. They use communication skills to demonstrate their understanding of theoretical concepts and to transfer knowledge and ideas to others.
Licensing/Regulatory Information
No licensing, legislative or certification requirements apply to this qualification at the time of publication.
Schedule
Packaging Rules
Total number of units = eight (8)- six (6) core units plus
- two (2) elective units of which:
- one (1) unit must be selected from the electives listed below,
- one (1) unit may be selected from the remaining listed electives or from a Graduate Certificate or Graduate Diploma in any currently endorsed training package or accredited Course.
Elective units must be relevant to the work environment and the qualification, maintain the overall integrity of the AQF alignment and contribute to a valid vocational outcome.
1. Core Units
All six (6) units must be completed.
| State Code | National Code | Title | Hours | Type |
|---|---|---|---|---|
| OBR93 | FNSAML812 | Design and assess controls to monitor money laundering and terrorism financing risk | 70 | Unit of competency |
| OBR91 | FNSAML813 | Design and monitor reporting systems for suspicious transactions | 70 | Unit of competency |
| OBR86 | FNSAML811 | Design anti-money laundering and counter terrorism financing programs | 80 | Unit of competency |
| OBR79 | FNSAML814 | Design customer due diligence policies and procedures | 70 | Unit of competency |
| OBR78 | FNSAML816 | Implement an anti-money laundering and counter terrorism financing program | 80 | Unit of competency |
| OBR71 | FNSAML815 | Manage assessment of organisation vulnerability to money laundering and terrorism financing | 70 | Unit of competency |
2. Elective Units
At least one (1) unit must be chosen from the elective units listed below.
Please refer to the packaging rules for the full details of available options.
| State Code | National Code | Title | Hours | Type |
|---|---|---|---|---|
| AWF24 | FNSINC802 | Develop and build effective relationships with regulatory and industry bodies | 70 | Unit of competency |
| OBR73 | FNSINC811 | Lead compliance with financial services regulations and industry codes of practice | 70 | Unit of competency |
| AUH44 | BSBMGT802 | Lead design and review of enterprise systems | 65 | Unit of competency |
| AUJ12 | BSBPMG805 | Lead the portfolio | 55 | Unit of competency |
| AUL04 | BSBPMG803 | Manage and review portfolio performance | 70 | Unit of competency |
| AUL45 | BSBPMG806 | Manage portfolio communications and change | 70 | Unit of competency |
| AUK53 | BSBPMG808 | Manage portfolio risk | 55 | Unit of competency |
Replaces
| State Code | National Code | Title | Type |
|---|---|---|---|
| AZJ2 | FNS80115 | Graduate Diploma of Anti-Money Laundering and Counter Terrorism Financing | Qualification |
No information
Entry Requirements
Entry to this qualification is limited to those individuals who:
have completed a Diploma or Advanced Diploma qualification in related field of study and three years equivalent full-time workplace experience at a banking or financial institution with exposure to transaction processes, controls, and/or client onboarding
OR
have completed a Bachelor degree in related fields of study or FNS80020 Graduate Certificate in Anti-Money Laundering and Counter Terrorism Financing, and two years equivalent full-time relevant workplace experience at a banking or financial institution with exposure to transaction processes, controls, and/or client onboarding
OR
have five years equivalent full-time relevant workplace experience at a banking or financial institution with exposure to transaction processes, controls, and/or client onboarding at a significant level of project or program leadership and management responsibility and/or complexity in an enterprise.
Traineeships and Apprenticeships