Modification History
|
Release |
Comments |
|
Release 3 |
This version released with FNS Financial services Training Package version 2.0 Release 3 created to correct typographical error |
|
Release 2 |
This version released with FNS Financial Services Training Package version 1.1 Release 2 created to correct typographical error |
|
Release 1 |
This Qualification first released with FNS Financial Services Training Package version 1.0 |
Qualification Description
This qualification reflects management roles in finance and mortgage broking where work is undertaken independently, through an aggregator, or involves managing a workplace team. At this level individuals are expected to apply theoretical knowledge and specialised skills in a range of situations and to display initiative and judgement in planning activities. They have autonomy in performing complex technical operations and may be responsible for the work of others within broad but generally well-defined parameters.
Licensing/Regulatory Information
No licensing or certification requirements apply to this qualification at the time of publication. However, some units will specify relevant licensing, legislative and/or regulatory requirements that impact on the unit. Refer to the FNS Implementation Guide Companion Volume for guidance on requirements.
Entry Requirements
Nil
Packaging Rules
Total number of units = 15
10 core units plus
5 elective units
The elective units consist of:
- 3 from the electives below.
Of the remaining 2 units:
- up to 2 may be from the electives
- up to 2 may be from Certificate IV, Diploma or Advanced Diploma in any currently endorsed training package or accredited course.
The elective units chosen must be relevant to the work outcome and meet local industry needs.
Core Units
BSBRSK401 Identify risk and apply risk management processes
FNSCUS501 Develop and nurture relationships with clients, other professionals and third party referrers
FNSFMB401 Prepare loan application on behalf of finance or mortgage broking clients
FNSFMB402 Identify client needs for broking services
FNSFMB403 Present broking options to client
FNSFMB502 Identify and develop broking options for client s with complex needs
FNSFMB503 Present broking options to client with complex needs
FNSFMB504 Implement complex loan structures
FNSFMK505 Comply with financial services legislation and industry codes of practice
FNSINC401 Apply principles of professional practice to work in the financial services industry
Elective Units
BSBINM401 Implement workplace information system
BSBMGT502 Manage people performance
BSBMGT517 Manage operational plan
BSBMGT605 Provide leadership across the organisation
BSBSMB405 Monitor and manage small business operations
BSBSUS501 Develop workplace policy and procedures for sustainability
BSBWHS303 Participate in WHS hazard identification, risk assessment and risk control
FNSFMB501 Settle applications and loan arrangements in the finance and mortgage broking industry
FNSORG502 Develop and monitor policy and procedures
FNSPRM601 Establish, supervise and monitor practice systems to conform with legislation and regulations
FNSPRM602 Improve the practice
FNSPRM603 Grow the practice
FNSRSK501 Undertake risk identification
FNSRSK502 Assess risks
FNSRSK602 Determine and manage risk exposure strategies
TAEDEL402A Plan, organise and facilitate learning in the workplace
Qualification Mapping Information
|
Code and title current version |
Code and title previous version |
Comments |
Equivalence status |
|
FNS50315 Diploma of Finance and Mortgage Broking Management (Release 3) |
FNS50315 Diploma of Finance and Mortgage Broking Management (Release 2) |
Updated typographical error |
Equivalent qualification |
Links
Companion Volume implementation guides are found in VETNet - https://vetnet.gov.au/Pages/TrainingDocs.aspx?q=c7200cc8-0566-4f04-b76f-e89fd6f102fe
