Modification history
| Release | Comments |
|---|---|
| Release 1 | This version first released with FNS Financial Services Training Package Version 6.0. |
Qualification description
This qualification reflects the job roles of individuals working in finance and mortgage broking. Individuals in these roles apply theoretical and technical knowledge and skills to work autonomously and exercise judgement in completing routine activities relating to mortgage and finance broking.
Licensing, legislative, regulatory or certification considerations
Work functions in the occupational areas where this qualification may be used are subject to regulatory requirements. Relevant regulatory authorities should be consulted to confirm those requirements before applying the qualification.
Entry requirements
Nil
Packaging rules
Total number of units = 12
8 core units plus
4 elective units, of which:
- at least 1 must be from the electives listed below
- up to 2 may be from elsewhere in this or any other currently endorsed Certificate III 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
- BSBPEF501 Manage personal and professional development
- FNSCUS511 Develop and maintain professional relationships in financial services industry
- FNSFMB411 Prepare loan applications on behalf of clients
- FNSFMB412 Identify client needs and present broking options
- FNSFMK515 Comply with financial services regulation and industry codes of practice
- FNSINC411 Conduct work according to professional practices in the financial services industry
- FNSINC412 Apply and maintain knowledge of financial products and services
- FNSSAM411 Sell financial products and services
Elective units
- BSBESB401 Research and develop business plans
- BSBOPS304 Deliver and monitor a service to customers
- BSBOPS404 Implement customer service strategies
- BSBPEF402 Develop personal work priorities
- BSBTEC301 Design and produce business documents
- FNSASIC301 Establish client relationship and analyse needs
- FNSASIC302 Develop, present and negotiate client solutions
- FNSCRD401 Assess credit applications
- FNSCRD402 Establish and maintain appropriate security
- FNSFMB511 Implement credit contracts in preparation for settlement
- FNSSAM403 Prospect for new clients
Qualification mapping information
No equivalent qualification. Supersedes and is not equivalent to FNS40815 Certificate IV in Finance and Mortgage Broking.