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.

The candidate must demonstrate the ability to complete the tasks outlined in the elements, performance criteria and foundation skills of this unit, including evidence of the ability to:

assess three different problems in the deal transaction cycle by applying knowledge of financial products and the deal cycle.

In the course of the above, the candidate must:

analyse and evaluate key issues identified

review analysis with appropriate individuals in the organisation.

The candidate must be able to demonstrate knowledge to complete the tasks outlined in the elements, performance criteria and foundation skills of this unit, including knowledge of:

methods for sourcing and maintaining currency of own knowledge of financial markets products

characteristics, capabilities and liabilities of common types of financial market products traded in OTC and exchange-traded markets, including:

physical and derivative financial products

factors affecting product use by market participants

variables impacting product pricing

risks associated with each type of financial product

steps in the transaction cycle for OTC and exchange-traded financial products

operation of OTC and exchange-traded markets, including:

main participants and their key objectives

relevant industry standards and codes of conduct

relevant regulatory requirements

organisational procedures for:

accessing financial product information

codes of conduct, and regulatory and organisational requirements relating to maintaining and enhancing financial market knowledge.

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

Assessment task 1: [title]      Due date:

(add new lines for each of the 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.

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
Review the relationship between risk and return for financial products
Compare different types of financial products traded in exchange-traded and over-the-counter (OTC) markets and the variables impacting their pricing
Assess the capabilities, benefits and risks of different physical and derivative financial products
Identify risk management strategies to manage the risks inherent in the financial products
Discuss how and why various financial market products are used by market participants
Identify categories of trading strategies
Differentiate the trading processes for exchange-traded and OTC markets
Outline the steps in the trading, clearing and settlement processes for exchange-traded financial products
Determine the steps for trading, confirming, settling, reconciling and managing collateral for OTC products
Identify risks and risk management strategies in transaction processes for financial markets products
Assess the impact of technological and regulatory factors on financial products and how they are traded and processed
Maintain professional competence in market knowledge in accordance with codes of conduct and regulatory and organisational requirements
Implement processes for maintaining up-to-date knowledge of relevant aspects of financial markets

Assessment Cover Sheet

FNSFMK522 - Apply financial product knowledge in the context of the deal transaction cycle

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

FNSFMK522 - Apply financial product knowledge in the context of the deal transaction cycle

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: