Modification History
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Release |
Comments |
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Release 1 |
This version first released with the FNS Financial Services Training Package Version 8.0. Supersedes and is equivalent to FNS51020 Diploma of Financial Markets. |
Qualification Description
This qualification reflects roles in financial markets involving duties in the areas of client advising, operations and trading. Individuals in these roles have autonomy in performing technical operations; apply solutions to a range of often complex problems; and research, analyse and evaluate information from a variety of sources. They apply initiative to plan, coordinate and evaluate their own work and provide guidance to others.
Licensing, legislative, regulatory or certification considerations
No licensing, legislative or certification requirements apply to this qualification at the time of publication.
Entry Requirements
Nil
Packaging Rules
Total number of units = 11
6 core units plus
5 elective units , of which:
- at least 3 must be from the elective units listed below
- up to 2 may be from the remaining listed elective units or from any currently endorsed Certificate IV or above training package qualification or accredited course.
Elective units must be relevant to the work environment and the qualification, maintain the overall integrity of the AQF alignment, not duplicate the outcome of another unit chosen for the qualification, and contribute to a valid industry-supported vocational outcome.
Core units
FNSFMK416 Conduct work within financial markets compliance framework
FNSFMK521 Analyse financial markets and information
FNSFMK522 Apply financial product knowledge in the context of the deal transaction cycle
FNSFMK524 Conduct work within financial markets organisational risk management framework
FNSINC513 Identify and apply complex ethical decision making to workplace situations
FNSINC514 Apply ethical frameworks and principles to make and act upon decisions
Elective units
Client advisory roles
FNSASICS513 Provide wholesale advice in foreign exchange*
FNSASICT513 Provide wholesale advice in managed investments*
FNSASICV513 Provide wholesale advice in derivatives*
FNSASICW513 Provide wholesale advice in securities*
FNSCUS504 Manage premium customer relationships
FNSCUS515 Determine client financial requirements and expectations
FNSCUS516 Record and implement client instructions
FNSFMK502 Analyse financial market products for client
FNSFMK512 Apply knowledge of emissions markets
FNSFMK525 Analyse clients’ financial risk
FNSIAD511 Provide appropriate services, general advice and products to clients
FNSIAD512 Develop financial investment options and strategies for clients
FNSINC511 Conduct financial product research to support product recommendations
Operational roles
FNSFMK411 Perform reconciliations
FNSFMK514 Complete confirmation and settlement processes
FNSFMK517 Analyse risk mitigation in the operations process
FNSFMK518 Monitor and process collateral
Trading and sales roles
FNSFMK513 Undertake assessment of product and advice suitability for non-retail clients
FNSFMK520 Develop and monitor risk management strategies for client
FNSFMK611 Price financial transactions
FNSFMK612 Manage trading exposures
*Note the following prerequisite unit requirements.
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UNIT IN THIS QUALIFICATION |
PREREQUISITE UNITS |
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FNSASICS513 Provide wholesale advice in foreign exchange |
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FNSASICT513 Provide wholesale advice in managed investments |
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FNSASICV513 Provide wholesale advice in derivatives |
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FNSASICW513 Provide wholesale advice in securities |
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Qualification Mapping Information
Supersedes and is equivalent to FNS51020 Diploma of Financial Markets.
Links
Companion Volume Implementation Guide is found on VETNet - https://vetnet.gov.au/Pages/TrainingDocs.aspx?q=c7200cc8-0566-4f04-b76f-e89fd6f102fe
