Qualification description for FNS40821 CERT IV in Finance and Mortgage Broking.
This qualification reflects the role of individuals working in finance and mortgage broking.
CERT IV in Finance and Mortgage broking is the minimum level qualification required under the National Consumer Credit Protection Act.
This is a Nationally recognised course, that is accepted across Australia without exception. Our course is based on recognition of prior learning and as such has requirements prior to entry.
Licensing, legislative, regulatory or certification considerations
Work functions in the occupational areas where this qualification may be used are subject to regulatory requirements. Other stakeholders are involved in this industry and their requirements may differ from minimum requirements, although CERT IV in Finance and Mortgage Broking is always required for self employed brokers.
Entry requirements
All students should have a conversation with our staff in order to acknowledge their eligibility for assessment. We don’t accept new industry entrants to this course.
Packaging rules
Total number of units = 12
7 core units plus
5 elective units, of which:
at least 3 must be from the elective units listed below
up to 2 may be from this qualification or any currently endorsed Certificate III or above training package qualification or accredited course.
Elective units must be relevant to the work environment and the qualification, maintain the overall integrity of the AQF alignment, not duplicate the outcome of another unit chosen for the qualification, and contribute to a valid industry-supported vocational outcome.
We have chosen the following units for our course.
Core units
FNSINC411 Conduct work according to professional practices in the financial services industry
FNSFMB412 Identify client needs and present broking options
FNSINC412 Apply and maintain knowledge of financial products and services
BSBPEF501 Manage personal and professional development
FNSCUS511 Develop and maintain professional relationships in financial services industry
FNSFMB411 Prepare loan applications on behalf of clients
FNSFMK515 Comply with financial services regulation and industry codes of practice
Elective units
BSBOPS404 Implement customer service strategies
FNSINC514 Apply ethical frameworks and principles to make and act upon decisions
FNSFMB513 Present credit options to clients with special financial circumstances
FNSSAM413 Identify and provide initial information to potential new clients
FNSFMB512 Identify and develop credit options for clients with special financial circumstances.
We require:
One five hour zoom session conducted with an experienced industry professional
Seven tasks that have been specifically chosen to meet regulatory requirements.