This qualification is intended to provide a flexible general purpose pathway in the financial services industry. It is intended to meet the training needs of employees with roles that involve working across a range of duties in the financial services sector where a specialist qualification is not the most suitable qualification to meet their training needs.
For current advice on ASIC compliance under RG146 refer to the advice bulletin on the IBSA website or contact ASIC.
The job roles that this qualification is likely to address are:
and compliance knowledge/skill training outcomes to support employee in the role).
This qualification would provide a pathway into any Diploma level qualification in the Financial Services training package, based upon the electives chosen
13 units must be achieved:
1 core unit plus 12 elective units.
8 elective units must be selected from the elective units listed below or from a Certificate IV qualification in this Training Package, a minimum of 6 of these units must be FNS coded units regardless of where they are chosen from.
The remaining 4 elective units may be selected from the electives units listed below, any endorsed Training Package or accredited course at Certificate IV or Diploma level. 2 of these elective units may be chosen at Certificate III level.
Where generic imported units are chosen, they must reflect the level of the qualification being taken and the occupational intent of the learner.
Note: Where the packaging of this qualification meets the rules of a specialist qualification at this level, then the specialist qualification and not the generic qualification must be awarded.
Elective units must be relevant to the work outcome, local industry requirements and the qualification level.
|FNSINC401A||Apply principles of prof practice to work in the financial services industry|
|Entry level skill units|
|BSBOHS201A||Participate in OHS processes|
|BSBWOR203A||Work effectively with others|
|BSBWOR204A||Use business technology|
|FNSASIC301C||Establish client relationship and analyse needs|
|FNSASIC302C||Develop, present and negotiate client solutions|
|General financial service units|
|FNSACC402A||Prepare operational budgets|
|FNSACC403B||Make decisions in a legal context|
|FNSACC405A||Maintain inventory records|
|FNSBKG405A||Establish and maintain a payroll system|
|FNSCUS401A||Participate in negotiations|
|FNSFMK401A||Reconcile financial transactions|
|FNSFMK402A||Develop and maintain knowledge of financial markets products|
|FNSFMK403A||Interpret financial markets information|
|FNSFMK505A||Comply with financial services legislation and industry codes of practice|
|FNSINC402A||Develop and maintain in-depth knowledge of products and services used by an organisation or sector|
|FNSPIM410A||Collect, assess and use information|
|FNSSAM401A||Sell financial products and services|
|FNSSAM402A||Implement a sales plan|
|FNSSAM403A||Prospect for new clients|
|BSBCCO402A||Gather, collate and record information|
|BSBCUS401A||Coordinate implementation of customer service strategies|
|BSBCUS402A||Address customer needs|
|BSBCUS403A||Implement customer service standards|
|BSBINM401A||Implement workplace information system|
|BSBITS401A||Maintain business technology|
|BSBITU402A||Develop and use complex spreadsheets|
|BSBLEG415A||Apply the principles of contract law|
|BSBMGT401A||Show leadership in the workplace|
|BSBMGT403A||Implement continuous improvement|
|BSBMGT405A||Provide personal leadership|
|BSBOHS403B||Identify hazards and assess OHS risks|
|BSBOHS404B||Contribute to the implementation of strategies to control OHS risk|
|BSBREL402A||Build client relationships and business networks|
|BSBSMB407A||Manage a small team|
|BSBWOR401A||Establish effective workplace relationships|
|BSBWOR402A||Promote team effectiveness|
|BSBWOR404B||Develop work priorities|
|Core||FNSINC401A||Apply principles of prof practice to work in the financial services industry||FNSASIC301C||Establish client relationship and analyse needs||FNSASIC302C||Develop, present and negotiate client solutions||FNSACC403B||Make decisions in a legal context||FNSCUS401A||Participate in negotiations||FNSFMK505A||Comply with financial services legislation and industry codes of practice||BSBLEG415A||Apply the principles of contract law||BSBADM405B||Organise meetings||BSBOHS403B||Identify hazards and assess OHS risks||Electives (choose 4)||BSBWOR501A||Manage personal work priorities and professional development||BSBSMB401A||Establish legal and risk management requirements of small business||BSBFIM501||Manage budgets and financial plans||BSBITU401A||Design and develop complex text documents||FNSCONV503B||Establish, manage and admin trust accounts||BSBCUS403A||Implement customer service standards||BSBRSK501A||Manage risk||FNSFMK505A||Comply with financial services legislation and industry codes of practice|