FNS50315 Diploma of Finance and Mortgage Broking Management

FNS50315 Diploma of Finance and Mortgage Broking Management

Full Course

FACE TO FACE ONLINE RPL
Gov. Funded $740 $555 N/A
Non Gov. Funded $5290 $2000 $1200

Diploma Upgrade

FACE TO FACE ONLINE RPL
Gov. Funded $700 $575 N/A
Non Gov. Funded $5290 $125/ Unit $1200

This course has been endorsed by the Australian National Training Authority and is registered on the Scope of Registration for Skill Solutions RTO number 22185.

This course is also accepted by the peak bodies in the finance industry and is also accepted by Australian Securities Investment Commission (ASIC) as the entry education requirement for Mortgage Brokers.

Individuals with disabilities are encouraged to apply
This training may be delivered with Victorian and Commonwealth government funding

The online mode of learning does not suit all students.  Skill Solutions is committed to delivering quality outcomes.  As such before we can enrol you in an Online course Skill Solutions will require a pre enrolment interview simply to ensure you are suited to this style of learning

It must be also noted that Skill Solutions is responsible for the following;

  • Your resources – to ensure your learning materials are validated
  • Your enrolment
  • Your invoice/Your receipt
  • Your learning outcomes

Your certification
Should you require assistance with your online learning this is facilitated through the online learning system whereby you can email directly to either

a.    An Assessor
b.    Reception

Of course if you still need further assistance please do not hesitate to call our office at any time on 1300711624

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Delivery Methods

Face to Face (FTF)
Face to Face (FTF) is simply learning within a classroom setting. Skill Solutions believes this is the best type of learning, especially for students new to the industry.

Online
With our lives becoming so busy and with the amazing technology available to all students we are pleased to invite our students to complete their learning online.

Skill Solutions will vet all candidates to assess the suitability for this learning mode.

Distance / Correspondence
Perhaps an easy way to describe distance learning is to describe it as Correspondence learning. The trainer after receipt of payment will be sent all the training materials along with the assessments and then will have access to a trainer. This does seem to suit some students quite well.

Recognized Prior Learning (RPL)
This type of learning will suit someone who has already got experience in the Mortgage Broking or Banking industry. In short the RPL course is designed for anyone who can prove that the are competent in all of the Performance Criteria.
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To see if you would be eligible for this course it would be preferential for you to call Skill Solutions and speak with a trainer or enquire through enrol@skillsolutions.com.au

You can enrol at anytime

Price List
Refer to our Fee Schedule

Description
This qualification reflects management job roles in finance and mortgage broking, including roles that are independent, undertaken through an aggregator, or involve managing a workplace team.

Pathways Information
Pathways for candidates entering this qualification include:

  • Certificate IV in Finance and Mortgage Broking

Pathways From this Qualification

A further learning pathway could be study in relevant higher education programs.

Preferred Entry Requirements are:

1.    Must be 18 years of Age
2.    Must be Australian Citizen or Permanent Australian Resident
3.    Must be willing to undergo a Police Check
4.    Must be a non Bankrupt
5.    Must have a commitment for a professional work ethic
6.    Must be able to commit to lessons and dates
7.    Must have good communication skills
8.    Must complete a Literacy and Numeracy test- at an ACSF Level entrance IV
9.    Must have basic computer knowledge
10.  Must demonstrate  an understanding of the Role of the Mortgage Broker
11.  Must demonstrate financial viability and commitment

Licensing/Regulatory Information
Work functions in the occupational areas where this qualification may be used are subject to regulatory requirements. You should refer to the IBSA website (www.ibsa.org.au) or the relevant regulator for specific guidance on requirements.

Entry Requirements
Not Applicable

Duration

We allow up to 12 months to complete this course, although your actual completion time may be less depending on prior experience and Education related to the Industry.

Employability Skills Summary
The following table contains a summary of the employability skills required by industry for this qualification. The employability skills facets described here are broad industry requirements that may vary depending on qualification packaging options.

Employability Skill Industry/enterprise requrements for this qualification include:
Communication
  • building trust and a rapport with clients
  • developing and writing reports to specifications
  • documenting clients’ complex or special needs to protect interests of clients and broker
  • interpreting client requirements and tailoring products to meet their needs
  • preparing and presenting correspondence in appropriate electronic format
  • presenting complex information to the client
  • questioning, listening and clarifying clients’ requirements
  • using effective telephone techniques and having the ability to negotiate solutions with clients and colleagues
  • using excellent customer service skills and maintaining an ongoing relationship with clients
Teamwork
  • conducting performance appraisals
  • consulting other financial services professionals as required
  • coordinating actions with other professionals
  • making constructive contributions to group decision making processes
  • managing the process of monitoring and reviewing team performance
  • providing feedback, support and encouragement to team members
Problem solving
  • checking the accuracy of calculations
  • conducting trend and risk analyses including product modelling
  • determining security protocols
  • identifying and resolving inconsistencies in information
  • identifying OHS hazards and risk control
  • planning for contingencies and using problem solving techniques to resolve workplace issues
  • testing strategic assumptions
  • undertaking risk identification, evaluating risk controls and conducting probability assessments
Initiative and enterprise
  • analysing, modelling, prioritising and measuring risk loan structures/options
  • aligning customer characteristics to ‘best product’
  • continuously reviewing and applying emerging industry trends to product and service knowledge
  • generating a range of options for clients to consider
Planning and organising
  • coordinating people, resources and or equipment to achieve optimum results
  • creating action plans for complex loans to meet timelines and priorities
  • establishing and maintaining records
  • undertaking research and developing complex solutions
Self-management
  • acting as a role model for others
  • managing own time and priorities and dealing with contingencies
  • planning one’s work schedule and monitoring and evaluating own work performance
  • understanding own work role and working within it
  • working ethically and complying with all industry codes of practice and legislative requirements
Learning
  • adapting to change in technology and/or work practices
  • developing and maintaining personal competency
  • following workplace safety procedures
  • identifying and encouraging opportunities for professional development
  • seeking assistance and expert advice on behalf of clients
Technology
  • applying technology through the utilisation and application of computers, organisational software, organisational templates and telecommunication devices
  • conducting web searches to research information
  • using business technology to access, organise and monitor information

Packaging Rules
15 units must be achieved:
10 core units plus 5 elective units.

Elective units must be relevant to the work outcome, local industry requirements and the qualification level.

Core Units of Competency:

BSBRSK401 Identify risk and apply risk management processes
FNSCUS501 Develop and nurture relationships with clients, other professionals and third party referrers
FNSFMB401 Prepare loan application on behalf of finance or mortgage broking clients
FNSFMB402 Identify client needs for broking services
FNSFMB403 Present broking options to client
FNSFMB502 Identify and develop broking options for client s with complex needs
FNSFMB503 Present broking options to client with complex needs
FNSFMB504 Implement complex loan structures
FNSFMK505 Comply with financial services legislation and industry codes of practice
FNSINC401 Apply principles of professional practice to work in the financial services industry

Elective units offered by Skill Solutions:

BSBITU306 Design and produce business documents
BSBWHS303 Participate in WHS hazard identification, risk assessment and risk control
FNSINC402 Develop and maintain in-depth knowledge of products and services used by an organisation or sector
FNSPRM603 Grow the practice
FNSFMB501 Settle applications and loan arrangements in the finance and mortgage broking industry