Home Banking, Financial Services and ... Certificate IV in Financial Services ...

Certificate IV in Financial Services (Finance/Mortgage Broking)

Course Summary

Course Level Certificate IV
Supplier Australian College of Commerce and Management
Delivery Modes Online, Distance Learning Price Enquiry
Duration 42 Weeks, 3 Hrs/Week Financial Assistance Traineeship
Did you know? Employers may recieve up to $4000 Government funding. Are you eligible? If you are working you may be eligible for a traineeship! Contact us NOW to find out more!
Like this course? Share it:

Course Suitability

This course is designed for employees who perform duties in finance/mortgage broking fields such as:

  • Mortgage Brokers
  • Finance Brokers
  • Mortgage Securitisors
  • Mortgage Consultants and Advisers
  • Course & Vocational Outcomes

    The course consists of 7 core modules that deliver skills and knowledge in:

  • Working in the finance industry environment
  • Applying professional principles in finance
  • Working safely
  • Preparing and Presenting Loan Applications
  • Complying with Financial Services, Legislation, Industry and Professional Codes of Practice
  • Provide Finance and/or Mortgage/Broking Services
  • Product Knowledge
  • One Elective is chosen from the following options:

  • ASIC Tier 2
  • Sales Planning
  • Customer Service
  • Enrolment Options

  • Private enrolment
  • Employer sponsored enrolment
  • Traineeship enrolment*
  • New Worker
  • Existing Worker
  • * Subject to eligibility in your state. Note: all types of enrolments are subject to meeting the entry requirements.

    Course Duration

    You study at your own pace with distance delivery. You are however, required to submit work at regular intervals and to an agreed timetable of study. Normal fulltime study takes 21 weeks. Part time study takes 42 weeks. Most traineeships allow 24 months for completion but the course is normally timetabled over 12 months. The College has continuous intake and commences courses all year round.

    Entry Requirements

    To complete this course you should ideally work in a finance or broking role. You may however enrol in some components of this qualification if you are not employed.

    Average communication skills are required to successfully complete this course.

    Qualification & Career Pathways

    Career paths include opportunities as:

  • Mortgage Brokers
  • Mortgage Consultants
  • This is a nationally accredited formal qualification recognised as part of the Australian Qualifications Framework. After completion of this qualification, you have a range of opportunities to continue your studies at Certificate IV or Diploma level.

    Core Module 1. Use Technology Workplace Assessment

    FNSICGEN302B Use technology in the workplace

  • Clarify the function that the equipment fulfils
  • Access and enter information from/into the computer
  • Save files/data and produce computer reports as required
  • Use manuals and online help to solve computing problems
  • Undertake routine maintenance of computers and associated devices
  • Use and maintain other workplace equipment
  • Core Module 2. Compliance

    FNSCOMP401B Conduct individual work within a compliance framework

  • Identify individual compliance requirements
  • Interpret individual compliance requirements · Develop or respond to procedures to ensure individual compliance
  • Identify program of compliance training
  •  Identify and adapt to changes in individual compliance requirements
  • FNSCOMP402B Facilitate compliance with statutory, legislative and regulatory requirements via staff education

  • Identify compliance requirements
  • Ensure currency of procedures to enable compliance
  • Ensure staff understand compliance requirements and implications for the organisation
  •  Ensure staff meet compliance educational/experience requirements
  • Maintain appropriate records
  • FNSCOMP501B Comply with financial services legislation, industry and professional codes

  • Identify and apply organisational requirements of legal principles and regulatory obligations
  • Identify changes and implications of laws, regulations, rules and circulars
  • Comply with any relevant industry or professional codes
  • Maintain statutory records
  • Core Module 3. Introduction to Loan Products

    FNSCRDT301B

    Process applications for

    credit

     

  • Satisfy initial enquiry
  • Check and verify application details
  • Maintain application files
  • Complete necessary documentation
  • FNSICPRO401B

    Develop and maintain an indepth

    knowledge of products and services used by your

    organisation or sector

     

  • Identify the products and services your organisation uses
  • Identify compliance implications of product
  • Determine the appropriate users for products and services
  • Maintain product knowledge
  • Core Module 4. Safety at Work

    FNSICGEN304B

    Apply health and safety

    practices in the workplace

     

  • Follow workplace safety procedures
  • Contribute to occupational health and safety at work
  • Identify and follow workplace procedure for hazard
  • control and other emergency situations
  • Core Module 5. Communicate in the Workplace

    FNSICGEN301B

    Communicate in the workplace

     

  • Use a range of techniques to gain workplace information
  • Communicate information to others using a range of techniques
  • Interact with others to achieve workplace outcomes
  • Record workplace information as required
  • Core Module 6. Loan Approval Process

     

    FNSCRDT302B

    Assess applications for debt

    finance

     

  • Check and review application details
  • Assess the risk
  • Submit assessment and decision
  • FNSCRDT401B

    Evaluate credit applications

     

  •  Assess and monitor credit information
  • Establish credit terms and limits
  • Core Module 7. Providing Broking Services

    FNSFBRK401B Prepare and present loan application on behalf of finance or mortgage broking client

  • Compile necessary information Prepare loan documentation·
  • Present documentation for assessment 
  • Maintain communication with relevant parties
  • FNSFBRK402B Provide finance and/or mortgage broking services

  • Educate client of finance and/or mortgage brokering process and services and build rapport 
  • Determine client's existing financial situation
  • Determine client goals and priorities with respect to finance broking
  • Prepare necessary documentation follow-up
  • FNSFBRK403B Present broking options to client

  • Gather relevant information
  • Prepare an appropriate option/s 
  • Present option/s to client
  • Negotiate effectively · Obtain agreement to proceed
  • Core Module 8. Professional Practices in Finance

    FNSICIND401B

    Apply principles of

    professional practice to work

    in the financial services

    industry

     

  • Identify the scope, sectors and responsibilities of theindustry
  • Identify and apply financial services industry guidelines, procedures and legislation
  • Manage information
  • Plan work to be completed taking into consideration time, resources and other constraints
  • Develop and maintain personal competency

  • Related courses

    Certificate IV in Accounting ACCM Info

    This qualification is available in most states as a government ... more

    This qualification is available in most states as a government funded Traineeship enrolment**Subject to eligibility in your state. The qualification is also available for individual students to enrol on a private basis.Employers can also directly enrol staff where Traineeship enrolment ... full details

    Certificate III in Accounts Administration ACCM Info

    Assisting with office accounts is more than inputting data into ... more

    Assisting with office accounts is more than inputting data into a computerised accounting programme.Every business needs accounts clerks who understand the accounting fundamentals and can identify and resolve problems as they arise.The Certificate III in Financial Services (Accounts Clerical) qualification ... full details

    Certificate III in Business Administration (Legal) ACCM Info

    An efficient legal office requires highly skilled administrative staff.This qualification ... more

    An efficient legal office requires highly skilled administrative staff.This qualification will ensure employees in a legal environment understand the terminology of specialist legal areas, provide greater understanding and awareness of the legal system and develop advanced skills to produce relevant documents. full details

    Certificate IV in Business Administration ACCM Info

    Certificate IV in Business Administration is best suited to senior ... more

    Certificate IV in Business Administration is best suited to senior clerks, administration managers or office supervisors. This course offers a broad range of electives including workplace technology, workplace safety, complex documents, customer service, business networks, sales planning, risk management. full details

    Certificate III in Business Administration (Medical) ACCM Info

    This qualification builds the skills of clerical, reception or secretarial ... more

    This qualification builds the skills of clerical, reception or secretarial employees working in a medical practice. The course provides all the essential skills such as responding to face to face and telephone enquiries, arranging appointments, processing accounts and conducting on line transactions. full details