Conduct work within financial markets organisational risk management framework

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 FNSFMK524, 'Conduct work within financial markets organisational risk management framework'.
Google Links
links to google searches, with filtering in place to maximise the usefulness of the returned results
Books
Reference books for 'Conduct work within financial markets organisational risk management framework' 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. Research financial markets organisational risk management framework

1.1 Research the main risks for financial markets

1.2 Analyse the impact of regulatory and technological changes on the financial markets risk landscape

1.3 Research risk mitigation strategies and controls used for managing key financial markets risks

1.4 Identify the key risks outlined in the risk management framework of the organisation

2. Identify and assess individual risk management responsibilities

2.1 Identify individual role in relation to the three lines of defence

2.2 Identify key risks for the organisation relevant to own job role

2.3 Analyse the link between own Key Performance Indicators (KPIs) and the risk framework of the organisation

3. Review individual work practices

3.1 Critically analyse work tasks and processes to identify potential risks

3.2 Analyse controls used to detect and prevent risks associated with own job role

4. Respond to risk events

4.1 Assess anomalies in data or processes

4.2 Escalate anomalies in data or processes according to organisational policies and procedures

4.3 Record relevant information in relation to risk event, including any required actions

5. Identify and monitor ongoing requirements of risk management

5.1 Monitor organisational risks within responsibility of own job role

5.2 Identify and research ongoing issues relating to financial markets organisational risk management frameworks

5.3 Monitor and respond to changes to risk management framework requirements and organisational procedures