(RTO 21683) Certificate IV in Finance and Mortgage Broking (FNS40815)



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(RTO 21683) Certificate IV in Finance and Mortgage Broking (FNS40815)

Established in 2003, we are Australia s largest privately owned training organisation focused purely on Financial Services & Business training market. Many of our graduates currently work for Australia s leading financial services institutions (including Big 4 Banks) and small businesses all around Australia. "I was extremely impressed with the quality of the training that you delivered" Tony Read Why Mentor Education? Building on the strong relationships we develop with learners completing our courses, our industry experts are available by arrangement to provide ongoing mentoring on an individual or organisation-wide basis. Learners can also benefit from access to current industry information through our state-of-the-art Continuing Professional Development (CPD) program and Best Practice Review Audits. Exemplary Student Support Personalised Constructive Feedback Mentor Education has gained an enviable reputation as the only financial training organisation that can deliver outstanding RG146 compliance and financial training coupled with personalised student support and customer service. Our commitment to you Our commitment is exemplified by the high level of student support received - our industry experts and assessors are available to personally respond to your questions and offer constructive feedback and guidance. Mentor Education (A&NZ) (RTO 21683) 2

Certificate IV in Finance and Mortgage Broking (FNS40815) Student Support To help you thrive and achieve your study goals, expert teacher support is available to you Unlimited phone support is available Monday to Friday 9am to 5.00pm (AEST) Unlimited email support, and responded to within 2 business days You can get one on-one help from expert tutors via email and you are encouraged to share your work to receive feedback. Payment Options Interest Free Payment Plans (only available for online learning) Pay for your course over time by making weekly, fortnightly or monthly repayments. This flexible payment plan requires minimal deposit, and you pay no interest for the first 12 months. No credit check is necessary. Simply speak to your course adviser about tailoring a payment plan that works for you. Upfront Payment You can pay for this course upfront via credit card or bank transfer, saving as much as 17% off the total course price. Mentor Education (A&NZ) (RTO 21683) 3

$67,644 The average minimum salary for Mortgage Broking jobs on SEEK in September 2014 $84,897 The average maximum salary for Mortgage Broking jobs on SEEK in September 2014 Course name Course code Delivery options Course duration Assessments Nationally recognised Certificate IV in Finance and Mortgage Broking FNS40815 Online Learning Up to 6 months Multiple Choice Questions, Assessment Task, Skills Assessment Yes Potential jobs Morgage Broker Mentor Education (A&NZ) (RTO 21683) 4

Certificate IV in Finance and Mortgage Broking (FNS40815) Certificate IV in Finance and Mortgage Broking (FNS40815) Course Overview The Certificate IV in Finance and Mortgage Broking (FNS40815) is designed for those wanting to begin their career in the finance and mortgage broking industry. This course is suited for those looking to enter the finance and mortgage broking industry, or who are already working in the industry and want to achieve a nationally recognised qualification that also meets the education requires as outlined in ASIC s RG206. The courses can be tailored to meet the needs of Finance and Mortgage broking firms, organisations and institutions. Course Outcomes This qualification is required by responsible managers and representatives who need to meet the initial requirements of Section 47(1) (f) of the National Consumer Credit Protection Act 2009 (National Credit Act) which places responsibility to gain and maintain the competence to provide the credit activities authorised by a credit license. In this ever-changing marketplace, employers are increasingly looking for candidates who are equipped to meet the challenges of being a successful finance and mortgage broker, who has graduated at the leading edge of their field. This course helps you to: Proactively assess clients loan applications Assist clients through the lending process. Provide tools that protect clients and ensure the clients suitability. Course Entry Requirements This is an open entry course with no pre-requisite qualifications. In order for participants to successfully complete this course, it is recommended they have a strong grasp of literacy and numeracy. Who Should Enrol? The program is for successful finance officers, responsible managers and mortgage brokers who wish to offer finance and mortgage broking services, it has a strong practical, experiential focus which encourages application of principles. Assessment We have designed our assessment activities in line with best practice standards to help you deliver quality advice outcomes to your clients. There are three forms of assessment: Multiple choice knowledge test Assessment Tasks based on the practical application of concepts learned. Skills assessment Mentor Education (RTO 21683) 5

Certificate IV in Finance and Mortgage Broking (FNS40815) Course Outline This course introduces finance and mortgage broking, and works through the lending process and examines the agreements you will require to implement the loan. Code Unit Title Mortgage Broking Part 1 Part 2 Part 3 Part 4 Part 5 Part 6 Part 7 Part 8 Part 9 Part 10 The Australian Economy The Australian Financial System Operating a Mortgage Broking Business Compliance Requirements The Credit Approval Process The Five C's of Credit Analysis Principles of Professional Management Resolving Conflict Time Management and Personal Development Risk Management Course Competencies Core Units FNSCRD301 Process applications for credit FNSFMB401 Prepare loan application on behalf of finance or mortgage broking clients FNSFMB402 Provide finance and mortgage broking services FNSFMB403 Present broking options to client FNSFMK505 Comply with financial services legislation and industry codes of practice FNSINC401 Apply principles of professional practice to work in the financial services industry FNSINC402 Develop and maintain in-depth knowledge of products and services used by an organisation or sector BSBITU306 Design and produce business documents Elective Units FNSCUS501 BSBWOR501 FNSFMB501 BSBCUS403 Develop and nurture relationships with clients, other professionals and third party referrers Manage personal work priorities and professional development Settle applications and loan arrangements in the finance and mortgage broking industry Implement customer service standards Mentor Education (A&NZ) (RTO 21683) 6

Certificate IV in Finance and Mortgage Broking (FNS40815) Study Options Online Learning Study online at your own pace, giving you the flexibility to achieve a nationally recognised qualification whilst also fulfilling your other life commitments. Unlimited e-mail and phone support is provided by our experienced student support team between Monday to Friday, 9am 5pm, so you re never left to feel lost or stuck during your studies. How to Enrol Student Enrolment Forms can be obtained via the following methods: 1300 306 146 (option 1 new enquires ) learn@mentor.edu.au +61 3 8317 2953 (International) www.mentor.edu.au To enrol, complete the Student Enrolment Form and scan/email to learn@mentor.edu.au Mentor Education (A&NZ) (RTO 21683) 7

FURTHER INFORMATION Web www.mentor.edu.au Mail Mentor Education (A&NZ) 1A Scotia Grove South Yarra VIC 3141 Australia Phone Aust: 1300 306 146 Int: +61 3 8317 2953 Fax 1300 366 170 Email learn@mentor.edu.au Our friendly student support