FNS50315 Diploma of Finance and Mortgage Broking Management
The Full Diploma of Finance and Mortgage Broking Management FNS50315 course specifies the competencies required to enable individuals to provide a range of finance and mortgage broking services covering retail and commercial finance.
If you complete this course you will not be required to complete the Certificate IV in Finance and Mortgage Broking FNS40815 as this course is not the upgrade from the Certificate IV course.
This qualification is designed to reflect the role of employees working in finance and mortgage broking, including those who are independent and work through an aggregator, or who need to manage a workplace team. In addition to undertaking duties as described above they may also perform duties such as:
• recommend loan combinations which meet clients' needs
• assess prospective borrowers' eligibility to obtain finance and their capacity to service debt
• operate and build their own independent business
• broker complex and/commercial leases and equipment finance, commercial finance, project finance and finance for property developers
• act as licensees.
NOTE: If you have previous industry experience/training you may be eligible for Recognition of Prior Learning (RPL). Please refer to the RPL read more page to determine the eligibility criteria.
COURSE DELIVERY OPTIONS:
Available in all states via:
• Face to face (Classroom)
• Correspondence – online access plus a hard copy of the course manual will be posted to you.
This course can also be delivered for groups and on demand. Please contact our head office on 08 9344 4088 or email@example.com for further information.
Regardless of your preferred delivery choice qualified trainers will always be contactable for tutoring and assistance both via email and telephone. Also if have undertaken this course via face to face previously with AAMC and there are any areas you still do not understand you are welcome to return for free to the next available class covering this module.
For all delivery options, you will need to have access to a computer with an internet connection.
There are currently no entry requirements for this qualification.
Your enrolment is valid for a period of twelve months. With reference to “face –to- face” training; participants are guided through the learning material and the assessments are completed by the participant post class time. Hence overall course completion is controlled / directed by the participant.
• 11 online multi-choice assessments
• 1 Short question and answer assessment
• 6 written assessments
• Role plays
UNITS OF COMPETENCY:
15 Units of competency
Core Units of Competency:
FNSFMK505 Comply with financial services legislation and industry codes of practice
BSBRSK401 Identify risk and apply risk management processes
FNSFMB401 Prepare loan application on behalf of finance or mortgage broking clients
FNSFMB402 Identify client needs for broking services
FNSFMB403 Present broking options to client
FNSFMB502 Identify and develop broking options for clients with complex needs
FNSFMB503 Present broking options to client with complex needs
FNSFMB504 Implement complex loan structures
FNSCUS501 Develop and nurture relationships with clients, other professionals and third party referrers
FNSINC401 Apply principles of professional practice to work in the financial services industry
Elective Units of Competency:
BSBWOR501 Manage personal work priorities and professional development
FNSRSK502 Assess risks
FNSFMB501 Settle applications and loan arrangements in the finance and mortgage broking industry
FNSINC402 Develop and maintain in-depth knowledge of products and services used by an organisation or sector
FNSPRM603 Grow the practice
Diploma of Finance and Mortgage Broking Management FNS50315 is recognised by the FBAA, MFAA and CAFBA.
This course has been endorsed by the Australian National Training Authority and is registered on the Scope of Registration for AAMC Training Group RTO number 51428 to deliver Diploma of Finance and Mortgage Broking Management.
CPD Points – 30
Post Nominal – Dip. FMBM
For regulatory information on becoming/being a Finance/Mortgage broker please visit the ASIC website.