Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners
FNSRSK501A Mapping and Delivery Guide
Undertake risk identification
Version 1.0
Issue Date: June 2024
Qualification | - |
Unit of Competency | FNSRSK501A - Undertake risk identification |
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Description | This unit describes the performance outcomes, skills and knowledge required to identify the financial risks faced by an organisation, evaluate existing risk controls and recommend improvements appropriate to mitigate the impact of those risks.No licensing, legislative, regulatory or certification requirements apply to this unit at the time of endorsement. | ||
Employability Skills | This unit contains employability skills. | ||
Learning Outcomes and Application | This unit applies in any sector of the financial services industry to job roles involving managing organisation risk. | ||
Duration and Setting | X weeks, nominally xx hours, delivered in a classroom/online/blended learning setting. |
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Prerequisites/co-requisites | |||
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: Communicate with relevant internal and external stakeholders at each stage |
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Element: Identify and describe risk | ||||||||
Element: Organisation environment is defined and the boundaries of review defined in consultation with stakeholders |
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Element: Identify and assess controls |
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