Monitor and process collateral

Formats and tools

Unit Description
Reconstruct the unit from the xml and display it as an HTML page.
Assessment Tool
an assessor resource that builds a framework for writing an assessment tool
Assessment Template
generate a spreadsheet for marking this unit in a classroom environment. Put student names in the top row and check them off as they demonstrate competenece for each of the unit's elements and performance criteria.
Assessment Matrix
a slightly different format than the assessment template. A spreadsheet with unit names, elements and performance criteria in separate columns. Put assessment names in column headings to track which performance criteria each one covers. Good for ensuring that you've covered every one of the performance criteria with your assessment instrument (all assessement tools together).
Wiki Markup
mark up the unit in a wiki markup codes, ready to copy and paste into a wiki page. The output will work in most wikis but is designed to work particularly well as a Wikiversity learning project.
Evidence Guide
create an evidence guide for workplace assessment and RPL applicants
Competency Mapping Template
Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners. A template for developing assessments for a unit, which will help you to create valid, fair and reliable assessments for the unit, ready to give to trainers and students
Observation Checklist
create an observation checklist for workplace assessment and RPL applicants. This is similar to the evidence guide above, but a little shorter and friendlier on your printer. You will also need to create a seperate Assessor Marking Guide for guidelines on gathering evidence and a list of key points for each activity observed using the unit's range statement, required skills and evidence required (see the unit's html page for details)

Self Assessment Survey
A form for students to assess thier current skill levels against each of the unit's performance criteria. Cut and paste into a web document or print and distribute in hard copy.
Moodle Outcomes
Create a csv file of the unit's performance criteria to import into a moodle course as outcomes, ready to associate with each of your assignments. Here's a quick 'how to' for importing these into moodle 2.x
Registered Training Organisations
Trying to find someone to train or assess you? This link lists all the RTOs that are currently registered to deliver FNSFMK508, 'Monitor and process collateral'.
Google Links
links to google searches, with filtering in place to maximise the usefulness of the returned results
Books
Reference books for 'Monitor and process collateral' on fishpond.com.au. This online store has a huge range of books, pretty reasonable prices, free delivery in Australia *and* they give a small commission to ntisthis.com for every purchase, so go nuts :)


Elements and Performance Criteria

ELEMENT

PERFORMANCE CRITERIA

Elements describe the essential outcomes.

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

1. Process collateral support documentation

1.1 Source collateral support annexe (CSA) relevant for specified clients

1.2 Interpret and analyse implications of CSA for managing collateral with counterparty

1.3 Identify requirements of CSA and its impact on how collateral is measured and managed

1.4 Execute collateral requirements identified in line with organisational policy

2. Monitor collateral activity

2.1 Use net market to market value of trades covered by credit support documents to calculate collateral margining activity

2.2 Initiate margin calls when terms of CSA dictate

2.3 Monitor and update daily market values for non-cash collateral debt, checking that any cuts in valuations are applied in line with agreed framework

2.4 Identify and update derivative credit exposures on long-term and short-term deals on organisational credit management system

2.5 Monitor threshold amounts to determine options to use break clause if necessary

2.6 Negotiate and replace collateral deals when break clause has been invoked

2.7 Process call and return amounts promptly and accurately

2.8 Observe segregation of roles according to organisational requirements and industry codes of practice

3. Manage collateral disputes or defaults

3.1 Identify differences in valuations and escalate to correct stream

3.2 Check, value and reconcile portfolios on regular basis to ensure collateral management data is current and valid

3.3 Deal with disputes according to organisational policy and procedures

3.4 Document and escalate unresolved disputes or defaults to appropriate personnel as required

3.5 Investigate and escalate non-settlement or fails of agreed collateral to the appropriate risk stream in line with agreed Service Level Agreements


Qualifications and Skillsets

FNSFMK508 appears in the following qualifications:

  • FNS51010 - Diploma of Financial Markets
  • FNS51011 - Diploma of Financial Markets
  • FNS51015 - Diploma of Financial Markets