Elements and Performance Criteria
- Organise implementation actions
- Special or complex features of the client's situation are reviewed for implementation implications including high asset, income or expenditure requirements, complex taxation, the complex nature of the securities to be taken, forms of security to be taken for complex transactions and other legal or complex issues
- Implementation actions are prioritised, timing for each action is planned, and activities are confirmed to be consistent with client needs and specifications
- Implementation actions required by the client are clearly explained, written agreement to actions is obtained, and implementation records are established
- Implementation actions including timing and priority are carried out to maximum advantage for the client
- Establish appropriate procedures for implementation
- Personnel to implement each action for the loan structure are identified and briefed and internal and external documentation requirements completed
- Implementation actions that depend on, or involve actions by, other professional such as accountants and lawyers are coordinated with these professionals
- Monitoring procedures are established for critical implementation timing and priorities
- Undertake and/or supervise implementation
- Client is briefed on actions to be undertaken and assistance is provided where needed
- Instructions are issued to internal and external personnel as per loan structure
- Consultation and monitoring is maintained with other professionals where joint implementation action is required and checks and follow-ups are made on lodgement of documentation to ensure plan timings are met
- Fees and charges are obtained and processed according to organisation and legislative requirements
- Client is debriefed and any concerns are addressed