ICA International Diploma in Managing Sanctions Risk

Course level: Level 6 - Advanced

Sanctions are a crucial instrument in the international battle against financial crime proliferation, terrorism and human rights abuses. It’s a complex area and those who manage the risk need the right combination of knowledge, capabilities and behaviours to do so effectively.

Technical skills – develop a deeper understanding of sanctions architecture, screening and the control framework; enrich your professional skillset

Critical thinking – enhance your judgment-making and problem-solving skills

Collaboration and communication – ensure a joined-up approach in your management of sanctions cases

Flexibility and adaptability – be prepared to respond to fast-changing regimes and rules

Leadership – be empowered to make effective decisions quickly and manage resources appropriately.

Learners are required to have ONE of the following:

A degree or professional qualification in an appropriate discipline
Attainment of an ICA International Advanced Certificate
Three years’ relevant work experience

A good level of written and spoken English is also required.

This course is suitable for mid-senior level professionals:
• Heads of Sanctions, Sanctions Managers and Sanctions Team Leaders
• MLROs, Compliance Managers, Financial Crime Managers and Risk Managers
• Accountants, Lawyers and Consultants

The course has been designed for those working in multiple industry sectors including international trade, transport, pharmaceuticals, maritime, software, oil and gas and financial services.

• Global sanctions architecture – Sanctions in context
• How sanctions regimes are implemented
• Evolving scope of sanctions – A changing tool
• Sector-based sanctions
• Identifying higher risk jurisdictions and activities
• Transparency, control, and ownership
• Licensing and permissible payments
• Management of global exposure to unilateral and regional sanctions
• Developing the control framework
• Sanctions screening
• Incident management and holding of sanctioned funds
• Sanctions lifting and roll back

• 9-month course assessed by 3 written assignments (3,000 – 3,500 words)
• A mixture of guided online study and participation in live sessions:
- 2 x virtual classrooms
- 1 x immersive learning scenario (putting you at the centre of a story)
- 3 x tutorials (a chance to discuss elements of the course in more depth)
- 3 x assessment preparation sessions
• Videos covering the latest industry developments and case studies
• Access to the ICA members’ portal containing additional reading and resources
• Proactive support throughout the course to help you stay on track

We have full syllabi available for all of our qualifications. Click here to download a syllabus for this course

In order to study for an ICA qualification, you will need to become a member of ICA. If you're not currently a member of the ICA, you will be required to register as an ICA student member.

Whether you are just starting out in your career, already hold an ICA qualification or are an experienced practitioner, there is a level appropriate for you and this will be activated at the same time as your course commences.

US$ 3500
Course fees stated exclude VAT or local tax where applicable
Membership Fee: $165* (Student membership)
*Payable unless you are already an ICA Member.

This course is awarded in association with Alliance Manchester Business School, the University of Manchester.