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Skill set details

FNSSS00016 - Integrated Risk Management Skill Set (Release 2)

Summary

Usage recommendation:
Current
Release Status:
Current
Releases:
ReleaseRelease date
2 (this release) 15/Jun/2022
(View details for release 1) 01/Jul/2020

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Modification History

Release 

Comments 

Release 2

This version first released with the FNS Financial Services Training Package Version 8.0.

Update to pathways information. Superseded units have been updated.

Release 1

This version first released with FNS Financial Services Training Package Version 4.0.

Description

This skill set addresses the skills and knowledge to manage risk and compliance obligations for a range of purposes required within a financial services context.

Pathways Information

The units of competency in this skill set provide credit towards FNS60822 Advanced Diploma of Integrated Risk Management and other qualifications that allow for selection of these units.

Licensing/Regulatory Information

No licensing, legislative or certification requirements apply to this skill set at the time of publication.

Skill Set Requirements

  • BSBAUD514 Interpret compliance requirements
  • BSBOPS504 Manage business risk
  • FNSORG512 Develop, implement and monitor policy and procedures
  • FNSRSK511 Undertake risk identification
  • FNSRSK512 Assess risks

Target Group

This skill set is for individuals who apply risk management and compliance principles in roles within the financial services industry.

Suggested words for Statement of Attainment

These units of competency from the BSB Business Services and FNS Financial Services Training Package meet industry requirements for managing risk and compliance obligations in financial services contexts.