Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners
FNSRSK502A Mapping and Delivery Guide
Assess risks
Version 1.0
Issue Date: June 2024
Qualification | - |
Unit of Competency | FNSRSK502A - Assess risks |
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Description | This unit describes the performance outcomes, skills and knowledge required to examine the likelihood of financial risks and their consequences and assess the organisation's exposure to 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 applies in any sector of the financial services industry where job roles involve risk management. | ||
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: Develop risk evaluation criteria |
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Element: Assess current exposure |
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Element: Compare exposure with guidelines |
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Element: Prepare a probability assessment |
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Element: Communicate with relevant internal and external stakeholders |
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