Assessor Resource

FNSORG401
Conduct individual work within a compliance framework

Assessment tool

Version 1.0
Issue Date: May 2024


This unit describes the skills and knowledge required to identify, interpret and develop individual compliance requirements and procedures while carrying out occupational duties.

It applies to individuals who use specialised knowledge and work cooperatively with others in meeting compliance requirements within organisations of various sizes and across a range of customer bases.

No licensing, legislative or certification requirements apply to this unit at the time of publication.

You may want to include more information here about the target group and the purpose of the assessments (eg formative, summative, recognition)


Evidence Required

List the assessment methods to be used and the context and resources required for assessment. Copy and paste the relevant sections from the evidence guide below and then re-write these in plain English.

ELEMENT

PERFORMANCE CRITERIA

Elements describe the essential outcomes.

Performance criteria describe the performance needed to demonstrate achievement of the element.

1. Identify individual compliance requirements

1.1 Research and document statutory, legislative and regulatory requirements relating to individual’s work

1.2 Research and document organisational and industry requirements relating to individual’s work

2. Interpret individual compliance requirements

2.1 Map compliance requirements against individual work practices

2.2 Discuss ethical considerations with relevant parties where appropriate

3. Develop or respond to procedures to ensure individual compliance

3.1 Consult appropriate persons to identify procedures to be followed to ensure compliance

3.2 Review and/or develop procedures to ensure compliance

3.3 Maintain appropriate records

4. Identify and adapt to changes in individual compliance requirements

4.1 Identify training programs (internal or external) that deliver against compliance requirements

4.2 Identify and discuss professional development opportunities related to individual situation with managers or supervisors

4.3 Read and understand documentation relating to compliance issues

4.4 Discuss documentation relating to compliance issues with appropriate persons to ensure ongoing compliance is maintained

Evidence of the ability to:

map legislative and regulatory requirements to own work practices to demonstrate knowledge of compliance requirements

maintain necessary organisational records in accordance with compliance requirements

monitor and respond to changes in compliance requirements.

Note: If a specific volume or frequency is not stated, then evidence must be provided at least once.

To complete the unit requirements safely and effectively, the individual must:

identify and describe key features of relevant legislative and regulatory requirements relating to work practices

describe key features of relevant codes of practice

explain key compliance requirements of organisational policy and procedures

provide a comprehensive explanation of individual work requirements and practices

describe methods for obtaining information about interpreting or determining changes to compliance requirements.

Assessment must be conducted in a safe environment where evidence gathered demonstrates consistent performance of typical activities experienced in the organisational skills field of work and include access to:

common office equipment, technology, software and consumables

financial services product information

organisational policy and procedures information.

Assessors must satisfy NVR/AQTF assessor requirements.

Submission Requirements

List each assessment task's title, type (eg project, observation/demonstration, essay, assingnment, checklist) and due date here

Assessment task 1: [title]      Due date:

(add new lines for each of the assessment tasks)

Assessment Tasks

Copy and paste from the following data to produce each assessment task. Write these in plain English and spell out how, when and where the task is to be carried out, under what conditions, and what resources are needed. Include guidelines about how well the candidate has to perform a task for it to be judged satisfactory.

ELEMENT

PERFORMANCE CRITERIA

Elements describe the essential outcomes.

Performance criteria describe the performance needed to demonstrate achievement of the element.

1. Identify individual compliance requirements

1.1 Research and document statutory, legislative and regulatory requirements relating to individual’s work

1.2 Research and document organisational and industry requirements relating to individual’s work

2. Interpret individual compliance requirements

2.1 Map compliance requirements against individual work practices

2.2 Discuss ethical considerations with relevant parties where appropriate

3. Develop or respond to procedures to ensure individual compliance

3.1 Consult appropriate persons to identify procedures to be followed to ensure compliance

3.2 Review and/or develop procedures to ensure compliance

3.3 Maintain appropriate records

4. Identify and adapt to changes in individual compliance requirements

4.1 Identify training programs (internal or external) that deliver against compliance requirements

4.2 Identify and discuss professional development opportunities related to individual situation with managers or supervisors

4.3 Read and understand documentation relating to compliance issues

4.4 Discuss documentation relating to compliance issues with appropriate persons to ensure ongoing compliance is maintained

Evidence of the ability to:

map legislative and regulatory requirements to own work practices to demonstrate knowledge of compliance requirements

maintain necessary organisational records in accordance with compliance requirements

monitor and respond to changes in compliance requirements.

Note: If a specific volume or frequency is not stated, then evidence must be provided at least once.

To complete the unit requirements safely and effectively, the individual must:

identify and describe key features of relevant legislative and regulatory requirements relating to work practices

describe key features of relevant codes of practice

explain key compliance requirements of organisational policy and procedures

provide a comprehensive explanation of individual work requirements and practices

describe methods for obtaining information about interpreting or determining changes to compliance requirements.

Assessment must be conducted in a safe environment where evidence gathered demonstrates consistent performance of typical activities experienced in the organisational skills field of work and include access to:

common office equipment, technology, software and consumables

financial services product information

organisational policy and procedures information.

Assessors must satisfy NVR/AQTF assessor requirements.
Copy and paste from the following performance criteria to create an observation checklist for each task. When you have finished writing your assessment tool every one of these must have been addressed, preferably several times in a variety of contexts. To ensure this occurs download the assessment matrix for the unit; enter each assessment task as a column header and place check marks against each performance criteria that task addresses.

Observation Checklist

Tasks to be observed according to workplace/college/TAFE policy and procedures, relevant legislation and Codes of Practice Yes No Comments/feedback
Research and document statutory, legislative and regulatory requirements relating to individual’s work 
Research and document organisational and industry requirements relating to individual’s work 
Map compliance requirements against individual work practices 
Discuss ethical considerations with relevant parties where appropriate 
Consult appropriate persons to identify procedures to be followed to ensure compliance 
Review and/or develop procedures to ensure compliance 
Maintain appropriate records 
Identify training programs (internal or external) that deliver against compliance requirements 
Identify and discuss professional development opportunities related to individual situation with managers or supervisors 
Read and understand documentation relating to compliance issues 
Discuss documentation relating to compliance issues with appropriate persons to ensure ongoing compliance is maintained 

Forms

Assessment Cover Sheet

FNSORG401 - Conduct individual work within a compliance framework
Assessment task 1: [title]

Student name:

Student ID:

I declare that the assessment tasks submitted for this unit are my own work.

Student signature:

Result: Competent Not yet competent

Feedback to student

 

 

 

 

 

 

 

 

Assessor name:

Signature:

Date:

Assessment Record Sheet

FNSORG401 - Conduct individual work within a compliance framework

Student name:

Student ID:

Assessment task 1: [title] Result: Competent Not yet competent

(add lines for each task)

Feedback to student:

 

 

 

 

 

 

 

 

Overall assessment result: Competent Not yet competent

Assessor name:

Signature:

Date:

Student signature:

Date: