Modification History
Not applicable.
Description
This qualification reflects the job roles of individuals working in finance and mortgage broking.
Pathways Information
Qualification Pathway
The primary pathway from this qualification is employment in the finance and mortgage broking sector and performing duties such as:
- securing new clients and contacts interested in mortgage or finance broking services
- presenting broking options to clients based on identified needs
- preparing and presenting loan applications to lenders
- assisting in the settling of a loan
- managing legislative and code of practice obligations relevant to the mortgage and/or finance broking industry specifically.
This qualification may be suited to an Australian Apprenticeship pathway.
A further learning pathway utilising qualifications such as FNS50310 Diploma of Finance and Mortgage Broking would support career progression.
Licensing/Regulatory Information
Not applicable.
Entry Requirements
Not applicable.
Employability Skills Summary
EMPLOYABILITY SKILLS QUALIFICATION SUMMARY |
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Employability Skill |
Industry /enterprise requirements for this qualification include : |
Communication |
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Teamwork |
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Problem solving |
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Initiative and enterprise |
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Planning and organising |
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Self-management |
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Learning |
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Technology |
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Packaging Rules
Packaging Rules
12 units must be achieved:
8 core units
plus 4 elective units
- all required elective units of competency can be selected from the elective bank below or from units aligned to other Certificate IV qualifications in the FNS10 Financial Services Training Package
- One (1) elective may be selected from units aligned to Diploma qualifications in the FNS10 Financial Services Training Package
- a maximum of 3 electives may be selected from units aligned to Certificate IV qualifications from another endorsed Training Package or accredited course.
Elective units must be relevant to the work outcome, local industry requirements and the qualification level.
Units selected from other Training Packages or accredited courses must not duplicate units selected from or available within the FNS10 Financial Services or BSB07 Business Services Training Packages.
Core units of competency :
- BSBCOM501B Identify and interpret compliance requirements
- BSBWOR204A Use business technology
- FNSCRD301A Process applications for credit
- FNSFMB401A Prepare loan application on behalf of finance or mortgage broking clients
- FNSFMB402A Provide finance and mortgage broking services
- FNSFMB403A Present broking options to client
- FNSINC401A Apply principles of professional practice to work in the financial services industry
- FNSINC402A Develop and maintain in-depth knowledge of products and services used by an organisation or sector
Elective units of competency :
- BSBCUS301A Deliver and monitor a service to customers
- BSBOHS303B Contribute to OHS hazard identification and risk assessment
- BSBWOR501A Manage personal work priorities and professional development
- FNSFMB501A Settle applications and loan arrangements in the finance and mortgage broking industry
- FNSSAM403A Prospect for new clients
- FNSCUS501A Develop and nurture relationships with clients, other professionals and third party referrers