Financial Industry Competency Standards Programs (FICS)

RMI's Role

As a Lead Provider, RMI aims to:

Deliver a suite of high quality training and assessment programs that are FICS-accredited by the Institute of Banking and Finance (IBF), for all the competency units required for all job roles in the allocated job families under the FICS framework.
Make available competency assessment programs to their trainees as well as persons who do not opt for training or who underwent training by another provider and issuing Statements of Attainment to successful candidates.
Provide consultancy or advisory services on mutually agreed terms to financial institutions in their adoption of FICS. This would comprise the alignment of their existing programs with FICS or the augmentation of existing in-house training and/or assessment programs to address gaps.
Provide general information on career opportunities and pathways and facilitating the placements of new entrants who have been issued SOAs in the relevant industry segment(s).

RMI's FICS Accredited Programs in Risk Management

RMI’s suite of FICS accredited programs in Risk Management – in the areas of Market Risk, Credit Risk, Operational Risk and Asset-Liability Management, aims to provide first rate, job-specific training that are benchmarked to industry requirements, demonstrating the knowledge, skills and expertise that are critical to individuals' performance in their respective jobs. Unique features of the programs:

Highly focused and specialized teaching curriculum designed by internationally recognized NUS faculty and leading market practitioners.
Comprehensive, practical-based (‘hands-on’) and cutting-edge training.
Allows professionals to upgrade their professional skills without interrupting work or traveling overseas.
Interactive teaching by academics and market practitioners.

RMI’s FICS accredited programs in Risk Management are designed to meet the training and assessment requirements under the FICS Framework for both Job Role V and Job Role VI in the various Risk Management Job Families.

Certified practitioners for Job Roles V or VI can use the Professional Certification Marks “Financial Industry Certified Professional” or the post nominal “FICP”.

More detailed information is available in the Downloads Section.