This page is updated when information changes, but it's always best to talk to your training provider to confirm course details before you enrol.
Overview
This qualification reflects the role of individuals who undertake specialist risk management roles in financial services organisations. These roles include cross-industry tasks and responsibilities relating to finance, compliance, corporate governance, strategy and business continuity. Individuals in these roles have autonomy in performing technical operations; apply solutions to a range of often complex problems; and research, analyse and evaluate information from a variety of sources. They apply initiative to plan, demonstrate customer advocacy, have business empathy, coordinate and evaluate their own work, challenge and facilitate risk conversations, demonstrate resilience and provide guidance to others.
Licensing, legislative, regulatory or certification considerations
No licensing or certification requirements apply to this qualification at the time of publication. However, some units will specify relevant licensing, legislative and/or regulatory requirements that impact on the unit. Refer to the regulator for guidance on requirements.
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Financial help
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Government funding is not available for this course.
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Cost
Course costs can vary by provider and location. Ask your training provider for a cost estimate.
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VET Student Loans are not available
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You may need to pay for equipment or materials.
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On-the-job training
- Apprenticeships and traineeships are not available for this course.
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Entry requirements
This course doesn't have any entry requirements. It could be a good starting point for your career.
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Duration
You complete this course when you’ve learned the skills, not after a set amount of time. The times shown are estimates.
- Qualification only:
18 months – 2 years
- Qualification only:
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Delivery options
You may be able to access this training in these ways:
Course content
This course is made up of units.
All courses have core units—these are mandatory for completing the course. Most courses also have elective units, which you can choose from to suit your needs and interests. Not all training providers offer every elective, so check with your provider to find out which electives they can offer you.
For more information about course content, talk to your training provider or visit the National Training Register.
| Unit | Unit type |
|---|---|
| Assess risks | Core |
| Determine and manage risk exposure strategies | Core |
| Develop and implement risk mitigation plan | Core |
| Develop, implement and monitor policy and procedures | Core |
| Establish and manage compliance management systems | Core |
| Evaluate and review compliance | Core |
| Manage business risk | Core |
| Undertake risk identification | Core |
| Analyse and comment on management reports | Elective |
| Apply ethical frameworks and principles to make and act upon decisions | Elective |
| Apply project quality management techniques | Elective |
| Apply project risk management techniques | Elective |
| Apply risk management strategies to own work | Elective |
| Comply with financial services regulation and industry codes of practice | Elective |
| Conduct internal audit | Elective |
| Conduct work according to professional practices in the financial services industry | Elective |
| Coordinate workplace information systems | Elective |
| Develop and implement business plans | Elective |
| Develop and manage financial systems | Elective |
| Develop and monitor processes for the management of breaches in compliance requirements | Elective |
| Develop organisational strategies | Elective |
| Develop workplace policies and procedures for sustainability | Elective |
| Develop, monitor and supervise work practices to meet financial services regulatory requirements | Elective |
| Establish and implement operational guidelines in financial services organisations | Elective |
| Establish legal and risk management requirements of new business ventures | Elective |
| Evaluate financial risk | Elective |
| Identify and apply complex ethical decision making to workplace situations | Elective |
| Implement and maintain internal control procedures | Elective |
| Implement information and knowledge management systems | Elective |
| Implement WHS risk management | Elective |
| Interpret compliance requirements | Elective |
| Lead and manage organisational change | Elective |
| Lead effective workplace relationships | Elective |
| Manage business operational plans | Elective |
| Manage implementation of emergency procedures | Elective |
| Manage project risk | Elective |
| Manage WHS risks | Elective |
| Monitor and review organisational system compliance with legislation and regulations | Elective |
| Monitor corporate governance activities | Elective |
| Negotiate to achieve goals and manage disputes | Elective |
| Prepare financial reports to meet statutory requirements | Elective |
| Provide financial and business performance information | Elective |
| Provide leadership across the organisation | Elective |
| Work within compliance frameworks | Elective |
Job prospects
The Advanced Diploma of Integrated Risk Management sets you up for roles like these, but the skills you learn could take you even further.
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Accountant (General)
ANZSCO 221111
Provide financial advice and services for individuals or businesses.
Recommended education level:
Bachelor degree or higher -
Corporate Treasurer
ANZSCO 221212
Manage corporate funding, liquidity and the financial risks associated with an organisation.
Recommended education level:
Bachelor degree or higher -
Internal Auditor
ANZSCO 221214
Examine and report on the financial records and systems of organisations, to ensure they satisfy financial and operational integrity and compliance.
Recommended education level:
Bachelor degree or higher -
Finance Broker
ANZSCO 222112
Finance Brokers operate as independent agents in the course of financial negotiations and arrange loans of money on behalf of clients.
Recommended education level:
Diploma, Advanced Diploma or Associate Degree -
Insurance Broker
ANZSCO 222113
Sell various insurance products on behalf of insurance companies.
Recommended education level:
Diploma, Advanced Diploma or Associate Degree -
Security Consultant
ANZSCO 442216
Security Consultants advise clients on security requirements, and recommend and design security specifications.
Recommended education level:
Certificate III or IV -
Insurance Risk Surveyor
ANZSCO 599613
Insurance Risk Surveyors inspect items and properties to evaluate conditions affecting underwriting standards, and develop and promote safety programs.
Recommended education level:
Diploma, Advanced Diploma or Associate Degree -
Insurance Agent
ANZSCO 611211
Insurance Agents represent insurance companies in selling insurance to clients.
Recommended education level:
Certificate III or IV
Training providers delivering Advanced Diploma of Integrated Risk Management
It's a good idea to research multiple training providers to make sure you're getting the right training for you.
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TAE COLLEGE AUSTRALIA (RTO code 40747)
Contact this provider
How to enrol in this course
To enrol, choose a training provider that offers this course. You can see provider details on this page.
When you find one that you think suits you, visit their website or contact them directly to confirm details like start dates, fees, funding, delivery locations and delivery options.
The provider will guide you through the enrolment process.
How do apprenticeships and traineeships work?
Apprenticeships and traineeships let you combine hands-on work experience with training. You’ll gain job-ready skills and earn an income while you complete a qualification.
As an apprentice or a trainee, you work with an employer while completing your training. Most of your time is spent learning on the job, with some classroom or online training to support the skills you're developing in the workplace.
For some jobs, you may need to do an apprenticeship or traineeship before you are allowed to work as a qualified tradesperson. For example, you need to do an apprenticeship if you want to work as a licensed electrician.
Find out more about apprenticeships and traineeships.
See more information about the apprenticeship or traineeship you’re interested in pursuing on the Queensland Training Information Service.
How long will this course take?
This course is competency-based training, which means you progress as you demonstrate your skills and knowledge, rather than in a set amount of time.
The duration shown here is an estimate for full-time study based on how long most people take to complete the course. You may finish earlier than other people, or it may take you a bit longer.
If you’ve already completed training or have worked in a relevant area, you could get credits or recognition of prior learning. This can reduce the training you need to complete a qualification, which could reduce the time needed for training.
Duration for apprenticeships and traineeships
Apprenticeships and traineeships take longer than doing the qualification on its own, but you learn valuable hands-on skills.
For some jobs, you may need to do an apprenticeship or traineeship before you are allowed to work as a qualified tradesperson. For example, you need to do an apprenticeship if you want to work as a licensed electrician.
Learn about how courses are delivered
Different courses have different delivery options. Consider your needs when you’re researching courses. Some courses may be delivered entirely online or partially online. Others may be delivered in a classroom.
Some courses, like those delivered through apprenticeships and traineeships, are mostly based in the workplace but with some classroom or online study.
If a certain type of delivery is important to you, talk to your provider before you enrol to make sure they offer that delivery option.
How to reduce the cost of your course
There are lots of ways you can reduce the cost of your course.
- The government could partly or fully cover the cost of your course. See information about financial help and government funding on this page.
- The government also offers funding for some costs related to your course.
- If you’ve already completed training or have worked in a relevant area, you could get a cost credit or recognition of prior learning. This can reduce the training you need to complete a qualification, which could reduce the cost.
Learn about financial help and government funding
The main cost of training is usually the course fees, which vary depending on things like which course and training provider you choose.
You may be able to get your training for free or at a reduced cost, or you could get help with paying for training-related costs. You can also pay for some courses with a VET Student Loan.
Find out more about getting help paying for your training or check if you're eligible.
What are entry requirements?
Some courses have conditions you need to meet before you can enrol in the course. They help make sure you have the right background or skills for the training.
Entry requirements might include a certain education level, skills or knowledge, work status, or experience.