Certificate IV in Financial Services

To attain a Certificate IV in Financial Services, 13 units must be achieved.
4 core
9 electives are required.

The elective units may be selected as follows:

All 9 elective units may be selected from the list below (340 – 1075 hours)

Up to 1 of the 9 elective units may be chosen from Certificate III level and up to 2 of the 9 elective units may be chosen from Diploma level

Up to 3 of the 9 elective units may be selected from other endorsed Training Packages in accordance with other packaging guidelines for this qualification.

The course is designed for people wishing to become involved in the financial services industry at an entry level, or for those wishing to continue their professional development.

Core

1 FNSICIND401B Apply principles of professional practice to work in the financial services industry
2 FNSICGEN301B Communicate in the workplace
3 FNSICGEN302B Use technology in the workplace
4 FNSICGEN304B Apply health and safety practices in the workplace

ASIC Compliance Requirements

5 FNSASIC301B Establish client relationship and analyse needs
6 FNSASIC302B Develop, present and negotiate client solutions

Industry capable Electives required – generic

7 FNSICGEN401A Participate in formal communication processes
8 FNSICGEN402A Participate in negotiations
9 FNSICGEN403A Collect, assess and use information
10 FNSICGEN404A Resolve disputes

Modules 11,12,13 can be the career specific electives, eg

FNSICPRO401A Develop and maintain in-depth knowledge of products and services
FNSICPRO402A Match financial products to customers needs
FNSICSAM401A Sell financial products and services
FNSICACC302A Administer financial accounts
FNSCOMP501A Comply with financial services legislation ethical and operational guidelines and regulations
FNSLIT503 Promote financial literacy skills

Industry capable – Mortgage Broking

FNSFBRK401A Prepare and present loan application to lender on behalf of finance or mortgage broking client
FNSFBRK402A Provide finance and/or mortgage broking services
FNSFBRK403A Present broking options to client
FNSFBRK404A Manage self in finance and/or mortgage broking industry
FNSCOMP501A Comply with financial services, legislation, codes of practice
FNSCRDT301A Process applications for credit

Industry Capability – Financial Services Advice and Compliance

FNSASIC301A – Establish client relationship and analyse needs
FNSASIC302A – Develop, present and negotiate client solutions

Accounting Skills

FNSACCT403A – Prepare operational budgets
FNSACCT405A – Prepare financial statements
FNSACCT407A – Set up and operate a computerised accounting system

Assessment

Assessment will be comprised of use of either assignments, discussion (question and answer and role plays), on the job practical experience, workbook q+a and tests where a minimum 60% pass mark is required, CV (RPL), references (RPL), role play and/or simulation, research, projects, interview and case studies etc or a combination of the above dependant upon the applicants situation.

Each unit workbook has formative and summative questions and assignments, all must be completed satisfactorily and submitted for the candidate to be assessed as competent.

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