Diploma of Finance and Mortgage Broking Management

About This Course

The FNS50322 - Diploma of Finance and Mortgage Broking Management is a comprehensive qualification designed to equip individuals with the specialized knowledge and skills required to excel in the finance and mortgage broking industry. This Diploma of Finance and Mortgage Broking program goes beyond the foundational concepts covered in Certificate IV and delves deeper into the management and leadership aspects of the field. Graduates of this program are well-prepared to take on management roles, make informed financial decisions, and provide expert advice to clients seeking mortgage and finance solutions.

What You Will Learn

1. Advanced Mortgage Broking Skills: Develop a deep understanding of complex mortgage products, loan structuring, and risk assessment, enabling you to offer tailored solutions to clients.
2. Financial Planning and Management: Learn financial planning strategies, investment principles, and effective financial management techniques to assist clients in achieving their long-term financial goals.
3. Compliance and Regulatory Knowledge: Gain in-depth knowledge of financial regulations, ensuring ethical and legal compliance in the industry.
4. Leadership and Management Skills: Acquire the skills needed to lead and manage teams of mortgage brokers and oversee the operations of a brokerage firm.
5. Client Relationship Management: Learn effective client engagement techniques, including communication and negotiation skills, to build and maintain strong client relationships.
6. Risk Management: Develop expertise in identifying and mitigating financial risks, safeguarding both clients and the brokerage firm.

Requirements

Entry Requirement: There is no other specific entry requirement endorsed for this Diploma of Finance and Mortgage Broking course, but the prerequisite demand can vary from courses, time and location. 

Completion Requirement: There will be an assessment/gap training to qualify.

Future Career Options:

1. Finance and Mortgage Brokerage Manager: Take on leadership roles within mortgage brokerage firms, overseeing teams of brokers and managing the firm's operations.
2. Financial Planner: Expand your services to include comprehensive financial planning, helping clients with investment strategies, retirement planning, and wealth management.
3. Compliance Officer: Ensure regulatory compliance within financial institutions or brokerage firms, safeguarding against legal and ethical breaches.
4. Credit Manager: Assess and manage credit risk for loan applications, making informed decisions on lending approvals.
5. Banking and Financial Services Manager: Pursue management roles in banks or financial institutions, overseeing a wide range of financial products and services.

Further Study Options:

1. Advanced Diplomas: Consider pursuing an Advanced Diploma in Finance or Financial Planning to deepen your expertise and knowledge.
2. Bachelor's Degree: Explore bachelor's programs in finance, business, or related fields to open up opportunities for higher-level positions and broader career paths.
3. Certifications: Obtain industry-specific certifications, such as membership in the Mortgage & Finance Association of Australia (MFAA) or the Finance Brokers Association of Australia (FBAA).
4. Postgraduate Studies: For those interested in academic and research aspects, consider postgraduate studies like a Master's in Finance, MBA, or a relevant field.
5. Continuing Professional Development (CPD): Stay updated with industry changes through ongoing CPD, attending workshops, webinars, and conferences.

The FNS50322 - Diploma of Finance and Mortgage Broking Management offers a well-rounded education, enabling graduates to excel in various finance and mortgage broking roles, advance into leadership positions, and explore further educational opportunities to enhance their career prospects in this dynamic field.

Units

Core units

FNSCUS511 Develop and maintain professional relationships in the financial services industry

FNSFMB411 Prepare loan applications on behalf of clients

FNSFMB412 Identify client needs and present broking options

FNSFMB512 Identify and develop credit options for clients with special financial circumstances

FNSFMB513 Present credit options to clients with special financial circumstances

FNSFMB514 Implement complex loan structures

FNSFMK515 Comply with financial services regulation and industry codes of practice

FNSINC411 Conduct work according to professional practices in the financial services industry

FNSINC514 Apply ethical frameworks and principles to make and act upon decisions

FNSRSK511 Undertake risk identification

Elective units

BSBESB404 Market new business ventures

BSBHRM413 Support the learning and development of teams and individuals

BSBINS402 Coordinate workplace information systems

BSBLDR414 Lead team effectiveness

BSBLDR523 Lead and manage effective workplace relationships

BSBLDR602 Provide leadership across the organisation

BSBOPS502 Manage business operational plans

BSBOPS505 Manage organisational customer service

BSBPEF501 Manage personal and professional development

BSBSUS511 Develop workplace policies and procedures for sustainability

FNSFMB511 Implement credit contracts in preparation for settlement

FNSINC412 Apply and maintain knowledge of financial products and services

FNSINC513 Identify and apply complex ethical decision making to workplace situations

FNSORG512 Develop, implement and monitor policy and procedures

FNSPRM611 Monitor and review organisational system compliance with legislation and regulations

FNSPRM612 Improve business of financial practices

FNSPRM613 Grow financial practices

FNSRSK512 Assess risks

FNSRSK612 Determine and manage risk exposure strategies

Delivery Options

• Class Room (Please Contact First For Availability )
• Blended
• Assessment ( RPL & Gap Training)