Apply principles of professional practice to work in the financial services industry

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 FNSINC401, 'Apply principles of professional practice to work in the financial services industry'.
Google Links
links to google searches, with filtering in place to maximise the usefulness of the returned results
Books
Reference books for 'Apply principles of professional practice to work in the financial services industry' 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. Identify scope, sectors and responsibilities of industry

1.1 Identify and consider external forces impacting on financial services industry while carrying out activities

1.2 Identify main sectors of financial services industry and interrelationship between sectors in carrying out activities

1.3 Identify roles and responsibilities of other participants in financial services industry in carrying out activities

2. Identify and apply guidelines, procedures and legislation

2.1 Collect, apply and analyse information on relevant legislation, regulations and codes of practice as applied to financial services industry

2.2 Clarify own work practice and regularly refine in light of relevant legislation, regulations and codes of practice, and organisational policy, guidelines and procedures

2.3 Apply relevant codes of practice in an ethical approach to workplace practice and decisions

3. Identify sustainability issues

3.1 Obtain and analyse information on sustainability policies, strategies and impacts on industry from a range of sources

3.2 Identify and promote environmental sustainability as an integral part of business planning and business opportunity

3.3 Incorporate and support triple bottom line principles in work planning

4. Manage information

4.1 Read and discuss with appropriate persons relevant documents and reports that could impact on work effectiveness and compliance

4.2 Analyse, evaluate and check documents, reports, data and numerical calculations to meet customer and organisational requirements

4.3 Present information in format appropriate for audience

5. Participate in and facilitate work team activities

5.1 Provide feedback to team members to encourage, value and reward individual and team efforts, and contributions

5.2 Actively encourage team members to participate in and take responsibility for team activities and communication processes

5.3 Support team to identify and resolve problems which impede its performance

5.4 Ensure own work serves as role model for others and enhances organisation's image and financial services industry

6. Plan work to be completed

6.1 Determine tasks to be done and identify relevant conditions to work autonomously or in team environment

6.2 Plan work to manage resources, time and priorities

6.3 Contribute to organisational planning process as required to achieve service improvement

6.4 Adapt to changes in technology and work organisation in timely manner

7. Develop and maintain personal competency

7.1 Identify and review personal professional development needs and goals on regular basis

7.2 Clarify and comply with competency, authorisation and licensing requirements

7.3 Seek professional development opportunities that reflect needs and goals in agreed timeframe


Qualifications and Skillsets

FNSINC401 appears in the following qualifications:

  • FNS41110 - Certificate IV in Financial Markets Operations
  • FNS40910 - Certificate IV in Superannuation
  • FNS60310 - Advanced Diploma of Conveyancing
  • FNS41410 - Certificate IV in General Insurance
  • FNS30410 - Certificate III in Mercantile Agents
  • FNS40610 - Certificate IV in Accounting
  • FNS40510 - Certificate IV in Personal Injury Management (Underwriting)
  • FNS41210 - Certificate IV in Mobile Banking
  • FNS41010 - Certificate IV in Banking Services
  • FNS51310 - Diploma of Life Insurance
  • FNS50810 - Diploma of Financial Risk Management
  • FNS51510 - Diploma of Credit Management
  • FNS51410 - Diploma of Loss Adjusting
  • FNS40810 - Certificate IV in Finance and Mortgage Broking
  • FNS51610 - Diploma of Securitisation
  • FNS40110 - Certificate IV in Credit Management
  • FNS50510 - Diploma of Personal Trustees
  • FNS50710 - Diploma of Superannuation
  • FNS50310 - Diploma of Finance and Mortgage Broking Management
  • FNS51110 - Diploma of General Insurance
  • FNS51010 - Diploma of Financial Markets
  • FNS41310 - Certificate IV in Personal Trust Administration
  • FNS40710 - Certificate IV in Financial Practice Support
  • FNS60610 - Advanced Diploma of Banking Services Management
  • FNS41610 - Certificate IV in Loss Adjusting
  • FNS50910 - Diploma of Banking Services Management
  • FNS50410 - Diploma of Conveyancing
  • FNS60510 - Advanced Diploma of Superannuation
  • FNS40210 - Certificate IV in Bookkeeping
  • FNS41510 - Certificate IV in Life Insurance
  • FNS60110 - Advanced Diploma of Insurance Broking
  • FNS50610 - Diploma of Financial Planning
  • FNS41411 - Certificate IV in General Insurance
  • FNS40111 - Certificate IV in Credit Management
  • FNS40811 - Certificate IV in Finance and Mortgage Broking
  • FNS40911 - Certificate IV in Superannuation
  • FNS41011 - Certificate IV in Banking Services
  • FNS40211 - Certificate IV in Bookkeeping
  • FNS40611 - Certificate IV in Accounting
  • FNS41211 - Certificate IV in Mobile Banking
  • FNS41311 - Certificate IV in Personal Trust Administration
  • FNS60311 - Advanced Diploma of Conveyancing
  • FNS50711 - Diploma of Superannuation
  • FNS50611 - Diploma of Financial Planning
  • FNS50511 - Diploma of Personal Trustees
  • FNS41611 - Certificate IV in Loss Adjusting
  • FNS51511 - Diploma of Credit Management
  • FNS50311 - Diploma of Finance and Mortgage Broking Management
  • FNS50811 - Diploma of Integrated Risk Management
  • FNS51011 - Diploma of Financial Markets
  • FNS41811 - Certificate IV in Financial Services
  • FNS50411 - Diploma of Conveyancing
  • FNS51611 - Diploma of Securitisation
  • FNS51811 - Diploma of Financial Services
  • FNS60513 - Advanced Diploma of Superannuation
  • BSB52015 - Diploma of Conveyancing
  • BSB61115 - Advanced Diploma of Conveyancing
  • FNS51015 - Diploma of Financial Markets
  • FNS50915 - Diploma of Banking Services Management
  • FNS40715 - Certificate IV in Financial Practice Support
  • FNS51415 - Diploma of Loss Adjusting
  • FNS42015 - Certificate IV in Banking Services
  • FNS50515 - Diploma of Personal Trustees
  • FNS50315 - Diploma of Finance and Mortgage Broking Management
  • FNS41915 - Certificate IV in Personal Injury Management
  • FNS30415 - Certificate III in Mercantile Agents
  • FNS40115 - Certificate IV in Credit Management
  • FNS51115 - Diploma of General Insurance
  • FNS60615 - Advanced Diploma of Banking Services Management
  • FNS40815 - Certificate IV in Finance and Mortgage Broking
  • FNS40615 - Certificate IV in Accounting
  • FNS40915 - Certificate IV in Superannuation
  • FNS50815 - Diploma of Integrated Risk Management
  • FNS41115 - Certificate IV in Financial Markets Operations
  • FNS51815 - Diploma of Financial Services
  • FNS41415 - Certificate IV in General Insurance
  • FNS41315 - Certificate IV in Personal Trust Administration
  • FNS40215 - Certificate IV in Bookkeeping
  • FNS51615 - Diploma of Securitisation
  • FNS50615 - Diploma of Financial Planning
  • FNS51515 - Diploma of Credit Management
  • FNS60515 - Advanced Diploma of Superannuation
  • FNS50715 - Diploma of Superannuation
  • FNS41815 - Certificate IV in Financial Services
  • FNS50115 - Diploma of Personal Injury Management
  • FNS51915 - Diploma of Personal Injury and Disability Insurance Management
  • FNS42215 - Certificate IV in Personal Trust Administration
  • FNS52015 - Diploma of Personal Trusts
  • FNS42115 - Certificate IV in Personal Injury Management