Modification History
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Release |
Comments |
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Release 1 |
This version first released with FNS Financial Services Training Package Version 4.0. |
Qualification Description
This qualification reflects the role of individuals who apply knowledge and skills in a compliance and management role which may include aspects of anti-money laundering and counter terrorism financing.
Individuals at this level make autonomous decisions and use initiative and judgement to assess and design a range of anti-money laundering and counter terrorism financing functions in varied contexts.
They have full responsibility and accountability for personal outputs and for the work or function of others.
They use cognitive and creative skills to review, critically analyse, consolidate and synthesise knowledge, in order to generate ideas and provide solutions to complex problems. They use communication skills to demonstrate their understanding of theoretical concepts and to transfer knowledge and ideas to others.
Licensing/Regulatory Information
No licensing, legislative or certification requirements apply to this qualification at the time of publication.
Entry Requirements
Entry to this qualification is limited to those individuals who:
- have completed a Diploma or Advanced Diploma qualification in related fields of study
OR
- have completed a Bachelor degree in related fields of study
OR
- have three years equivalent full-time relevant workplace experience at a banking or financial institution with exposure to transaction processes, controls, and/or client onboarding.
Packaging Rules
Total number of units = 3
3 core units
This qualification has no elective units
Core Units
FNSAML812 Design and assess controls to monitor money-laundering and terrorism financing risk
FNSAML815 Manage assessment of organisational vulnerability to money laundering and terrorism financing
FNSINC811 Lead compliance with financial services legislation and industry codes of practice
Qualification Mapping Information
No equivalent qualification.
Links
Companion Volume Implementation Guide is found on VETNet - https://vetnet.gov.au/Pages/TrainingDocs.aspx?q=c7200cc8-0566-4f04-b76f-e89fd6f102fe
