Modification History
Release |
Comments |
Release 2 |
This version released with FNS10 Financial Services Training Package version 5.0. Update imported units: BSBSMB405A to BSBSMB405B. Qualification outcomes remain unchanged. |
Release 1 |
This Qualification first released with FNS10 Financial Services Training Package version 2.0. Replaced BSBCOM501B Identify and interpret compliance requirements with FNSFMK505A Comply with financial services legislation with industry codes of practice. Replace TAADEL404B with updated unit TAEDEL402A Plan, Organise and facilitate learning in the workplace. Additional electives have been added:
Replaces FNS50310 Diploma of Finance and Mortgage Broking Management. |
Description
This qualification reflects management job roles in finance and mortgage broking, including roles that are independent, undertaken through an aggregator, or involve managing a workplace team.
Pathways Information
Pathways into this qualification
Pathways for candidates entering this qualification include:
- Certificate IV in Finance and Mortgage Broking
Pathways from this qualification
A further learning pathway could be study in relevant higher education programs.
Licensing/Regulatory Information
There is no direct link between this qualification and licensing, legislative and/or regulatory requirements. However, where required, a unit of competency will specify relevant licensing, legislative and/or regulatory requirements that impact on the unit.
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 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
15 units must be achieved:
10 core units
plus 5 elective units.
3 elective units must be selected from the elective units listed below.
The remaining 2 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 Certificate IV, 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:
- FNSCUS501A Develop and nurture relationships with clients, other professionals and third party referrers
- 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
- FNSFMB502A Identify and develop complex broking options for client
- FNSFMB503A Present broking options to client with complex needs
- FNSFMB504A Implement complex loan structures
- FNSFMK505A Comply with financial services legislation and industry codes of practice
- FNSINC401A Apply principles of professional practice to work in the financial services industry
- BSBRSK401A Identify risk and apply risk management processes
Elective units of competency:
- FNSFMB501A Settle applications and loan arrangements in the finance and mortgage broking industry
- FNSORG502A Develop and monitor policy and procedures
- FNSPRM601A Establish, supervise and monitor practice systems to conform with legislation and regulations
- FNSPRM602A Improve the practice
- FNSPRM603A Grow the practice
- FNSRSK501A Undertake risk identification
- FNSRSK502A Assess risks
- FNSRSK602A Determine and manage risk exposure strategies
- BSBINM401A Implement workplace information system
- BSBMGT502B Manage people performance
- BSBMGT515A Manage operational plan
- BSBMGT605B Provide leadership across the organisation
- BSBOHS303B Contribute to OHS hazard identification and risk assessment
- BSBSMB405B Monitor and manage small business operations
- BSBSUS501A Develop workplace policy and procedures for sustainability
- TAEDEL402A Plan, organise and facilitate learning in the workplace