FNS40821

Certificate IV in Finance and Mortgage Broking

Qualification Description

The FNS40821 Certificate IV in Finance and Mortgage Broking is a nationally recognised qualification designed for individuals seeking to enter or advance in the finance and mortgage broking industry. This course equips learners with the essential knowledge and practical skills required to provide credit advice, assess client needs, and offer tailored finance and mortgage solutions in compliance with industry regulations.

Learners will develop expertise in:
1. Understanding the key features of different lending products and services.
2. Assessing and processing loan applications for clients.
3. Applying relevant legislative and regulatory frameworks, including the National Consumer Credit Protection Act (NCCP).
4. Building strong client relationships through effective communication, ethical practice, and informed financial guidance.
5. Managing business operations and compliance obligations in a mortgage broking environment.

This qualification is ideal for those aspiring to work as finance and mortgage brokers, loan officers, or credit advisers, and provides the foundation for further study in financial services.

At this level, individuals demonstrate initiative and sound judgment in planning, organizing, and overseeing their own work as well as the performance of others. Strong communication skills are essential as they support individuals and teams in achieving organizational goals.

Licensing/Regulatory Information

No licensing, legislative or certification requirements apply to this qualification at the time of publication.

Packaging Rules

Total number of Units = 12

Elective Units - 5

5 elective units, of which:

At least 3 must be from the elective units listed below
Up to 2 may be from this qualification or any currently endorsed Certificate III or above training package qualification or accredited course.

Elective units must be relevant to the work environment and the qualification, maintain the overall integrity of the AQF alignment, not duplicate the outcome of another unit chosen for the qualification, and contribute to a valid industry-supported vocational outcome.

Packaging

Units of Competency

Unit Code	Unit Title
BSBPEF501	Manage personal and professional development
FNSCUS511	Develop and maintain professional relationships in financial services industry
FNSFMB411	Prepare loan applications on behalf of clients
FNSFMB412	Identify client needs and present broking options
FNSFMK515	Comply with financial services regulation and industry codes of practice
FNSINC411	Conduct work according to professional practices in the financial services industry
FNSINC412	Apply and maintain knowledge of financial products and services
BSBESB401	Research and develop business plans
BSBPEF402	Develop personal work priorities
BSBTEC301	Design and produce business documents
BSBTEC302	Design and produce spreadsheets
FNSFMB511	Implement credit contracts in preparation for settlement