Qualification details

FNS60311 - Advanced Diploma of Conveyancing (Release 4)

Summary

Releases:
ReleaseStatusRelease date
4 (this release)Current 18/Jul/2013
(View details for release 3) Replaced06/Sep/2012
(View details for release 2) Replaced07/Mar/2012
(View details for release 1) Replaced16/Jan/2012

Usage recommendation:
Current
Mapping:
MappingNotesDate
Supersedes FNS60310 - Advanced Diploma of ConveyancingQualification has been restructured to respond to better industry understanding of the emerging regulatory requirements; packaging rules adjusted to reflect a smaller core and larger elective requirement. OUTCOMES DEEMED NOT EQUIVALENT 16/Jan/2012

Training packages that include this qualification

Units of competency

CodeSort Table listing Units of Competency by the 'Code' columnTitleSort Table listing Units of Competency by the 'Title' columnEssential
BSBCOM602B - Develop and create compliance requirementsDevelop and create compliance requirements N/A
BSBCOM603C - Plan and establish compliance management systemsPlan and establish compliance management systems Elective
BSBCUS501C - Manage quality customer serviceManage quality customer service Elective
BSBFIM501A - Manage budgets and financial plansManage budgets and financial plans N/A
BSBINM601A - Manage knowledge and informationManage knowledge and information N/A
BSBINN601A - Manage organisational changeManage organisational change N/A
BSBITS401B - Maintain business technologyMaintain business technology Elective
BSBLEG413A - Identify and apply the legal frameworkIdentify and apply the legal framework N/A
BSBLEG415A - Apply the principles of contract lawApply the principles of contract law N/A
BSBLEG416A - Apply the principles of the law of tortsApply the principles of the law of torts N/A
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Classifications

SchemeCodeClassification value
ANZSCO Identifier 599111 Conveyancer 
ASCO (occupation type) Identifier 5991-13 Law Clerk 
ASCED Qualification/Course Field of Education Identifier 0811 Banking, Finance And Related Fields 
Qualification/Course Level of Education Identifier 411 Advanced Diploma 

Classification history

SchemeCodeClassification valueStart dateEnd date
ANZSCO Identifier 599111 Conveyancer 02/Oct/2012 
ASCO (occupation type) Identifier 5991-13 Law Clerk 02/Oct/2012 
ASCED Qualification/Course Field of Education Identifier 0811 Banking, Finance And Related Fields 02/Oct/2012 
Qualification/Course Level of Education Identifier 411 Advanced Diploma 16/Jan/2012 
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Modification History

Release 

Comments 

Release 4

This version released with FNS10 Financial Services Training Package version 5.0

Update imported units:
BSBCOM603CB to BSBCOM603C; BSBCUS501B to BSBCUS501C; BSBITS401A to BSBITS401B;
BSBRSK501A to BSBRSK501B; BSBWOR501A to BSBWOR501B.

Qualification outcomes remain unchanged.

Release 3

This version released with FNS10 Financial Services Training Package version 3.1

Advice relating to regulatory requirements removed from the qualification and reference made to the regulator and Regulatory advice held on the IBSA website

Release 2

This version released with FNS10 Financial Services Training Package version 3.0.

FNSACC403A updated to current FNSACC403B.

Release 1

This Qualification first released with FNS10 Financial Services Training Package version 2.0.

FNSBLEG415A Apply the principles of contract law has been moved from the electives to the core.

FNSACC403A Make decisions in a legal context has been moved from the electives to the core of the Diploma of Conveyancing.

BSBITS401A Maintain business technology has been moved from the core to electives.

BSBOHS303B Contribute to OHS hazard identification and risk assessment has been moved from the core to electives.

BSBWOR401A Establish effective workplace relationships has been moved from the core to electives.

Packaging rule for this qualification have been changed to 9 core units and 9 electives.

Replaces FNS60310 Advanced Diploma of Conveyancing.

Description

This qualification is designed to reflect the role of conveyancers responsible for conveyancing work, team leadership and/or the management of a practice.

Conveyancing is a licensed occupation. Licensing regimes for conveyancers differ between States and Territories in Australia. To determine the most appropriate pathway to satisfy licensing requirements within a particular State or Territory it will be necessary to contact the relevant licensing body for advice.

Pathways Information

Pathways into the qualification 

The primary pathway from this qualification is for conveyancers working as:

  • as sole operator
  • in a small business practice
  • as a team member in a larger organisation.

Pathways from the qualification 

A further learning pathway could be study in relevant higher education programs. Learners should establish relevant qualifications and any credit arrangements that may apply in order to make appropriate elective choices in this qualification.

Licensing/Regulatory Information

Work functions in the occupational areas where this qualification may be used are subject to regulatory requirements. You should refer to the IBSA website (www.ibsa.org.au) or the relevant regulator for specific guidance on requirements.

Entry Requirements

Not applicable.

Employability Skills Summary

The following table contains a summary of the employability skills required by industry for this qualification. The employability skills facets described here are broad industry requirements that may vary depending on qualification packaging options.

Employability Skill 

Industry/enterprise requirements for this qualification include: 

Communication

  • adjusting interpersonal styles and methods as required
  • communicating ideas and information cognisant of social and cultural diversity and special needs
  • consulting, questioning, clarifying and evaluating information
  • developing and writing reports to specifications
  • fostering business relationships and providing a high level of customer service and relationship management
  • preparing and presenting correspondence in appropriate electronic format
  • using effective telephone techniques and having the ability to negotiate solutions with clients and colleagues

Teamwork

  • contributing to team cohesion
  • developing and maintaining professional networks
  • making constructive contributions to group decision making processes
  • providing feedback, support and encouragement to team members
  • referring to other professionals as required

Problem solving

  • analysing performance data, identifying problems and taking remedial action
  • applying analytical and diagnostic skills, data interpretation skills and conducting comparative analyses
  • checking the accuracy of calculations
  • collecting, comparing and contrasting data
  • developing, monitoring and controlling a budget
  • using evaluative and deductive reasoning skills
  • using problem solving tools and techniques

Initiative and enterprise

  • benchmarking the business
  • designing a work environment that facilitates effective and productive workflow and communication
  • developing strategies to develop and maintain customer loyalty
  • finding and securing new business relationships
  • identifying new and emerging opportunities and developing strategies to capitalise on them
  • monitoring the external environment and identifying emerging practices and trends
  • setting goals in respect to client follow-ups

Planning and organising

  • developing and implementing policies and procedures in respect to trust accounts and other organisational requirements
  • ensuring the integrity of systems, records and reporting procedures are maintained
  • locating information on statutory and legislative requirements
  • planning work considering resources, time and other constraints
  • processing documents and maintaining files, managing information and scheduling and coordinating competing tasks

Self-management

  • acting as a role model for others
  • asking for and responding to feedback on performance
  • managing own time and priorities and dealing with contingencies
  • planning own work schedule and monitoring and evaluating own work performance
  • presenting a positive organisational image
  • taking responsibility as required by work role and ensuring all organisational policies and procedures are followed
  • understanding and acting upon compliance implications
  • working ethically and complying with all industry codes of practice and legislative requirements

Learning

  • contributing to the learning of others through implementing team building exercises
  • developing and maintaining personal competency
  • developing and monitoring individual training plans
  • encouraging continuous education and professional development
  • identifying and documenting training needs to meet ongoing compliance
  • maintaining currency of knowledge of legislation and industry codes of practice
  • using online help for self learning purposes

Technology

  • conducting web searches and using corporate templates
  • operating computers, using word processing, spreadsheet and database skills to produce workplace documentation
  • operating the organisation’s business or records system
  • reviewing and evaluating financial and IT systems for compliance with trust account requirements
  • using business technology to access, organise and monitor information
  • using customised software to track clients
  • using research data devices and telecommunication

Packaging Rules

18 units  must be achieved:

9 core units 

plus 9 elective units 

6 elective units  must be selected from the elective list below.

The remaining 3 elective units  may be selected from the elective units listed below, any endorsed Training Package or accredited course. Elective units may be selected from a Diploma or Advanced Diploma qualification.

Elective units must be relevant to the work outcome, local industry requirements and the qualification level.

Core units of competency: 

  • FNSCNV501A Take instructions in relation to a transaction
  • FNSCNV502A Read and interpret a legal document and provide advice
  • FNSCNV503A Analyse and interpret legal requirements for a transaction
  • FNSCNV504A Prepare legal documents
  • FNSCNV505A Finalise the conveyancing transaction
  • FNSCNV506A Establish and manage a trust account
  • FNSCNV601A Identify and conduct searches
  • FNSINC401A Apply principles of professional practice to work in the financial services industry
  • BSBLEG415A Apply the principles of contract law

Elective units of competency: 

  • FNSACC403B Make decisions in a legal context
  • FNSCUS501A Develop and nurture relationships with clients, other professionals and third party referrers
  • FNSORG601A Negotiate to achieve goals and manage disputes
  • FNSORG602A Develop and manage financial systems
  • FNSPRM601A Establish, supervise and monitor practice systems to conform with legislation and regulations
  • FNSPRM602A Improve the practice
  • FNSPRM603A Grow the practice
  • BSBCOM602B Develop and create compliance requirements
  • BSBCOM603C Plan and establish compliance management systems
  • BSBCUS501C Manage quality customer service
  • BSBFIM501A Manage budgets and financial plans
  • BSBINM601A Manage knowledge and information
  • BSBINN601A Manage organisational change
  • BSBITS401B Maintain business technology
  • BSBLEG413A Identify and apply the legal framework
  • BSBLEG416A Apply the principles of the law of torts
  • BSBLEG417A Apply the principles of evidence law
  • BSBLEG512A Apply legal principles in property law matters
  • BSBLEG513A Apply legal principles in corporations law matters
  • BSBMGT605B Provide leadership across the organisation
  • BSBMGT616A Develop and implement strategic plans
  • BSBMGT617A Develop and implement a business plan
  • BSBOHS303B Contribute to OHS hazard identification and risk assessment
  • BSBRSK501B Manage risk
  • BSBSBM401A Establish legal and risk management requirements of small business
  • BSBSUS501A Develop workplace policy and procedures for sustainability
  • BSBWOR401A Establish effective workplace relationships
  • BSBWOR501B Manage personal work priorities and professional development

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