Financial Crime World

Financial Services Regulation: A Key Complement to a Career in Financial Services

In today’s rapidly evolving financial industry, understanding regulatory compliance and anti-money laundering (AML) is crucial for professionals seeking a career in financial services. Lambton College’s courses in financial services regulation provide students with a comprehensive understanding of the complexities of the field.

FSI-3052: Financial Services through an AML Lens

This course delves into the risk-based approach to mitigate inherent and residual risks, covering:

  • Geographical risk
  • Product risk
  • Client risk
  • Reputational risk
  • Regulatory risk
  • Compliance risk

Students will also explore current industry trends and how they impact financial services.

FSI-3043: Fraud Investigation

Fraud investigation is a critical aspect of financial services regulation. This course provides students with an in-depth understanding of:

  • Common types of financial frauds
  • Frameworks for fraud prevention, detection, and investigation

Students will learn to identify signs of fraud and investigate related offenses.

LAW-1003: Business Law

Understanding business law is essential for financial services professionals. This course prepares students for a business environment affected by laws, covering topics such as:

  • Dispute resolution
  • Contracts
  • Torts
  • Employment law

PHL-1253: Ethical Leadership & Critical Decision Making

This interdisciplinary course combines insights from business, social psychology, and applied ethics to challenge students with real-world ethical dilemmas. Students will learn the importance of human behavior in organizations and develop critical decision-making skills.

FIN-4203: Investment Conduct & Compliance

This course provides students with an understanding of Canadian securities industry regulations, including:

  • Participant registration
  • Account opening
  • Sales and trading
  • Placing orders

Ethical guidelines and corporate responsibility when dealing with client accounts will also be covered.

CPL-1049/WIL Project: Co-op Work Experience or WIL Project

Lambton College’s co-op program provides students with the opportunity to apply classroom learning in a real-world setting. Students can choose between:

  • A full-time co-op work term
  • The WIL Project, which focuses on connecting academic study to industry practices

Post-Graduation Opportunities

Upon graduation, students can pursue careers such as:

  • AML analyst/investigator
  • Fraud analyst/investigator
  • KYC/onboarding analyst
  • Compliance officer/administrator

The International Graduate Services & Support Centre (GSSC) also provides assistance to international alumni in finding employment and settling into Canadian life.

Technology Requirements

To ensure a successful learning experience, students are required to:

  • Bring their own laptop with wireless capability
  • Meet minimum internet speed requirements
  • Have specific software installed

By combining these courses, students will gain a comprehensive understanding of financial services regulation, AML, and compliance, setting them up for success in a career in financial services.