Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners
FNSRSK602A Mapping and Delivery Guide
Determine and manage risk exposure strategies
Version 1.0
Issue Date: May 2024
Qualification | - |
Unit of Competency | FNSRSK602A - Determine and manage risk exposure strategies |
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Description | This unit describes the performance outcomes, skills and knowledge required to analyse risk factors for financial investment and insurance products, determine appropriate risk exposure management strategies and communicate these to relevant staff and intermediaries and personally manage the risk assessment strategies. It is aimed at setting the strategy for portfolio managers, including what types of business will be targeted and not targeted.This unit may apply to job roles subject to licensing, legislative, regulatory or certification requirements so Commonwealth, State or Territory requirements should be confirmed with the relevant body. | ||
Employability Skills | This unit contains employability skills. | ||
Learning Outcomes and Application | It may be applied within financial product development and marketing, insurance underwriting and other contexts within the financial services industry. | ||
Duration and Setting | X weeks, nominally xx hours, delivered in a classroom/online/blended learning setting. |
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Prerequisites/co-requisites | |||
Competency Field |
Development and validation strategy and guide for assessors and learners | Student Learning Resources | Handouts Activities |
Slides PPT |
Assessment 1 | Assessment 2 | Assessment 3 | Assessment 4 | |
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Elements of Competency | Performance Criteria | |||||||
Element: Determine appropriate risk assessment strategies |
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Element: Evaluate risk and compliance factors |
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Element: Establish risk acceptance criteria |
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Element: Develop risk management strategies |
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Element: Implement risk assessment strategies |
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Element: Evaluate and review risk assessment strategies |
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