Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners
FNSASICV503A Mapping and Delivery Guide
Provide advice in Derivatives
Version 1.0
Issue Date: June 2024
Qualification | - |
Unit of Competency | FNSASICV503A - Provide advice in Derivatives |
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Description | This unit describes the performance outcomes, skills and knowledge required to satisfy the training requirements of current Australian Securities and Investments Commission (ASIC) Australian Financial Services (AFS) licensing at Tier 1 level in the Derivatives specialist area. | ||
Employability Skills | This unit contains employability skills. | ||
Learning Outcomes and Application | This unit applies to job roles involving the provision of financial products and service advice to clients. | ||
Duration and Setting | X weeks, nominally xx hours, delivered in a classroom/online/blended learning setting. |
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Prerequisites/co-requisites | FNSFMK502A Analyse financial market products for client FNSFMK503A Advise clients on financial risk FNSCUS505A Determine client requirements and expectations FNSCUS506A Record and implement client instructions | ||
Competency Field |
Development and validation strategy and guide for assessors and learners | Student Learning Resources | Handouts Activities |
Slides PPT |
Assessment 1 | Assessment 2 | Assessment 3 | Assessment 4 | |
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Elements of Competency | Performance Criteria | |||||||
Element: Establish relationship with client and identify client's objectives, needs and financial situation |
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Element: Analyse client's objectives, needs, financial situation and risk profile to develop appropriate strategies and solutions |
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Element: Present appropriate strategies and solutions to client and negotiate a financial plan, policy or transaction |
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Element: Agree the plan, policy or transaction and complete documentation |
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Element: Provide ongoing service where requested by client |
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