This qualification is designed for professionals entering the securitisation sector in specialist job roles. The Australian Securitisation Forum (ASF), an association of companies participating in the Australian securitisation industry, has delivered a specialist qualification for professionals working in the field of securitisation, The Securitisation Professionals Program. This FNS51610 Diploma of Securitisation will replace the Securitisation Professionals Program.
Subjects
Packaging Rules
13 units must be achieved:
9 core units
plus4 elective units
the required elective units of competency can be selected from the elective bank below
A maximum of 2 electives may be selected from units aligned to another FNS10 Financial Services Training Package Diploma or Advanced Diploma qualifications
A maximum of 2 electives may be selected from units aligned to Diploma or Advanced Diploma qualifications from another endorsed Training Package or accredited course.
Elective units must be relevant to the work outcome, local industry requirements and the qualification level.
Units selected from other Training Packages or accredited courses must not duplicate units selected from or available within the FNS10 Financial Services or BSB07 Business Services Training Packages.
Core units of competency:
FNSFMK501A Analyse financial markets and information
FNSINC601A Apply economic principles to work in the financial services industry
NOTE Certain elective units may be required to progress to membership of relevant professional organisations. Learners should establish such requirements where they apply in order to make appropriate choices.
Pathways...
Qualification Pathway
The primary pathway from this qualification is employment in the financial services industry securitisation sector involving job roles such as:
issuer
swap provider
insurer and guarantor
tax specialist
auditor
rating agent
trustee and originator.
A further learning pathway utilising qualifications such as FNS60710 Advanced Diploma of Financial Licensing Management or study in relevant higher education programs would support career progression.
Learners should establish relevant qualifications and any credit arrangements that may apply in order to make appropriate elective choices in this qualification.
Entry Requirements
Not applicable.
Licensing Information
Not applicable.
Employability Skills
QUALIFICATION SUMMARY
Employability Skill
Industry/enterprise requirements for this qualification include:
Communication
assisting clients to identify financial goals and priorities and assessing their current financial situation
developing and writing reports to specifications
interpreting clients' requirements and tailoring financial plans to meet their needs
negotiating solutions with clients
questioning, listening and clarifying client's requirements
using excellent customer service skills and maintaining an ongoing relationship with clients
Teamwork
working with colleagues in professional activities
maintaining professional networks
outsourcing tasks to internal and external specialists as required
Problem solving
checking the accuracy of calculations for fees and charges
conducting trend and risk analysis including product modelling
estimating, forecasting and conducting competitive comparisons
identifying and resolving inconsistencies in information
testing strategic assumptions
using modelling tools to test assumptions against a variety of scenarios
Initiative and enterprise
developing administrative processes to implement financial plans
identifying ongoing service options for clients and confirming these with clients
identifying risk and managing it
proactively anticipating customer requirements and recommending products
researching alternative options for clients' needs
Planning and organising
ensuring the integrity of systems, records and reporting procedures are maintained
implementing financial plans according to agreed actions, time schedule and agreed priorities
undertaking research and developing solutions such as financial plans
Self-management
planning own work schedule and monitoring and evaluating own work performance
taking responsibility as required by work role and ensuring all organisational policies and procedures are followed
understanding and acting upon compliance implications
working ethically and complying with industry professional code of practice and legislative requirements
Learning
adapting to change in technology and/or work practices
defining own work role and working within defined responsibilities
developing and maintaining personal competence
following workplace safety procedures
identifying opportunities for professional development
maintaining currency of knowledge of financial products and services
seeking expert advice as required
Technology
conducting web searches, using corporate templates and financial planning software
operating computers and using word processing, spreadsheet and database skills to produce workplace documentation
using business technology to access, organise and monitor information
using research data devices and telecommunication devices and equipment