Unit of competency Outline

Date retreived
23/07/2026 4:34 PM AWST

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Implement complex loan structures

Implement complex loan structures

Unit of competency
National Code
FNSFMB514
State Code
OCZ66
TGA Status
Current
DTWD Status
Approved
Current Release Number
1.00
Current Release Date
02/02/2021
View on TGA
State Implementation and Classification
Approved Date
22/04/2021
Field of Education
081101 - Banking And Finance
Original Release Date
22/04/2021
Nominal Hours
50
Description
This unit describes the skills and knowledge required to establish actions, timings and priorities to implement complex loans and supervise the implementation process.The unit applies to individuals who use specialised knowledge and well-developed organisational skills to coordinate the implementation of complex financial processes.Work functions in the occupational areas where this unit may be used are subject to regulatory requirements. Users are advised to check with the relevant state and territory regulatory authorities to confirm those requirements.
Notes
Elements and Performance Criteria
1. Organise implementation actions
  • 1.1 Identify client needs, requirements and objectives
  • 1.2 Review complex and special features of client situation and identify loan implementation implications
  • 1.3 Establish and prioritise implementation actions, timing and activities according to client needs and situation
  • 1.4 Explain implementation actions required by client
  • 1.5 Obtain written agreement to actions and establish implementation records according to organisational policies and procedures
2. Establish procedures for implementation
  • 2.1 Identify and brief applicable stakeholders of their responsibilities and actions
  • 2.2 Coordinate implementation actions with other professionals
  • 2.3 Establish monitoring procedures
3. Supervise implementation
  • 3.1 Assist applicable stakeholders to implement complex loan structures
  • 3.2 Issue instructions to required personnel as per loan structure
  • 3.3 Consult with and monitor relevant stakeholders
  • 3.4 Check and follow up on lodgement of documentation
  • 3.5 Obtain and process fees and charges according to organisational policies and procedures, and legislative and regulatory requirements
  • 3.6 Debrief with client post-implementation and address concerns and queries
No information
No information
Replaces
State Code National Code Title Type
AUR03 FNSFMB504 Implement complex loan structures Unit of competency