Qualification Outline

Date retreived
22/07/2026 3:39 PM AWST

Whilst all efforts are made to provide accurate and timely information from the relevant source/documentation, please be aware that the information supplied may not be the most current version. The accuracy of the detail has not been confirmed by the Department and therefore should not be relied upon without first confirming the contents.

Certificate IV in Banking Services

Certificate IV in Banking Services

Qualification
National Code:
FNS42022
State Code:
BHT8
TGA Status:
Current
DTWD Status:
Approved
National Endorsed, State Implementation and Classification
Field of Education
0811 - Banking, Finance And Related Fields
Original TGA Release Date
15/06/2022
Approved Date
07/12/2022
Stream of Study
VET Act Classifier
B
Nominal Hours
435
Duration
1 Semester
Current Release Number
1.00
Current Release Date
15/06/2022
VET Act Conditions
Releases
Release Version Release Date TGA Status DTWD Status
1.00 15/06/2022 Current Approved
Description

This qualification reflects the role of individuals requiring specialist understanding of financial products and services working in banking, customer contact centre or retail financial services environments. Individuals in these roles apply specialist skills and knowledge to work autonomously and exercise judgement in completing routine and non-routine activities. The qualification allows for specialisation in customer service, lending and mobile banking.
Licensing, legislative, regulatory or certification considerations
Work functions in the occupational areas where this qualification may be used are subject to regulatory requirements. Refer to the relevant regulator for specific guidance on requirements.

Schedule
Packaging Rules
Total number of units = twelve (12)
- five (5) core units plus
- seven (7) elective units, of which:
- at least three (3) must be from one of the following elective groups:
- Group A Customer service
- Group B Lending
- Group C Mobile banking
- the remaining units may be from any elective group
- up to two (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.

Where relevant, the choice of elective units set out in the packaging rules below can serve to provide the qualification with a specialisation. The achievement of a specialisation will be identified on testamurs as follows:
- FNS42022 Certificate IV in Banking Services (Customer Services)
- FNS42022 Certificate IV in Banking Services (Lending)
- FNS42022 Certificate IV in Banking Services (Mobile Banking)

Packaging rules to achieve a specialisation:
Specialisation 1 in Customer Service
- Select all seven (7) units from Group A Customer service

Specialisation 2 in Lending
- Select all six (6) units from Group B Lending

Specialisation 3 in Mobile Banking
- Select all five (5) units from Group C Mobile banking
1. Core Units

All five (5) units must be completed.

State Code National Code Title Hours Type
OCZ44 FNSINC412 Apply and maintain knowledge of financial products and services 40 Unit of competency
OBR68 FNSRSK411 Apply risk management strategies to own work 45 Unit of competency
OBR53 FNSINC411 Conduct work according to professional practices in the financial services industry 25 Unit of competency
AUQ84 FNSCUS403 Deliver a professional service to customers 30 Unit of competency
OED09 FNSINC513 Identify and apply complex ethical decision making to workplace situations 35 Unit of competency
2. Group A - Customer Service Elective Units

For the specialisation 1 in Customer Service, select all seven (7) units from Group A Customer Service. Please refer to the packaging rules for the full details of available options.

State Code National Code Title Hours Type
OEC07 FNSASIC311 Establish client relationship and analyse needs 40 Unit of competency
OEB81 FNSSAM413 Identify and provide initial information to potential new clients 15 Unit of competency
OCE82 BSBOPS404 Implement customer service strategies 35 Unit of competency
OEC87 FNSSAM422 Implement promotional strategies for financial products and services 60 Unit of competency
OEC88 FNSSAM421 Provide information on financial products and services to clients 25 Unit of competency
OEC06 FNSASIC312 Provide personal advice on non-relevant financial products 45 Unit of competency
OEC84 FNSCUS412 Resolve disputes 30 Unit of competency
3. Group B - Lending Elective Units

For the specialisation 2 in Lending, select all six (6) units from Group B Lending. Please refer to the packaging rules for the full details of available options.

State Code National Code Title Hours Type
AUQ65 FNSCRD401 Assess credit applications 20 Unit of competency
OEC03 FNSCRD412 Establish and maintain appropriate security options for credit facilities 20 Unit of competency
OCZ63 FNSMCA413 Identify and manage individuals experiencing hardship 35 Unit of competency
OCZ52 FNSFMB511 Implement credit contracts in preparation for settlement 25 Unit of competency
OEB97 FNSCRD513 Promote client understanding of the role and effective use of consumer credit 50 Unit of competency
OCZ08 FNSMCA412 Undertake legal action for recovery of debts 35 Unit of competency
4. Group C – Mobile Banking Elective Units

For the specialisation 3 in Mobile Banking, select all five (5) units from Group C Mobile Banking. Please refer to the packaging rules for full details of available options.

State Code National Code Title Hours Type
OED11 FNSBNK412 Align banking products with the needs of small business customers 60 Unit of competency
OEC16 FNSBNK411 Coordinate small business customer portfolios 60 Unit of competency
OBR56 FNSBNK416 Manage mobile lending services 35 Unit of competency
OBR92 FNSBNK414 Promote mobile banking services 35 Unit of competency
OBR75 FNSBNK415 Provide mobile banking sales and services 35 Unit of competency
5. General Elective Units

The remaining units may be chosen from Group D. Please refer to the packaging rules for the full details of available options.

State Code National Code Title Hours Type
OCD97 BSBTEC403 Apply digital solutions to work processes 45 Unit of competency
OEC13 FNSINC514 Apply ethical frameworks and principles to make and act upon decisions 35 Unit of competency
OCZ42 FNSINC512 Assess vulnerability of financial products and services to money laundering and terrorism financing 70 Unit of competency
OCZ47 FNSFLT511 Assist customers to budget and manage own finances 40 Unit of competency
AUS51 FNSPIM410 Collect, assess and use information 20 Unit of competency
OBR72 FNSORG411 Conduct individual work within a compliance framework 35 Unit of competency
OCF16 BSBOPS304 Deliver and monitor a service to customers 50 Unit of competency
OCE46 BSBLDR411 Demonstrate leadership in the workplace 45 Unit of competency
OCZ73 FNSFMB412 Identify client needs and present broking options 35 Unit of competency
OCF94 BSBLDR414 Lead team effectiveness 45 Unit of competency
OCD50 BSBPEF501 Manage personal and professional development 55 Unit of competency
OEB98 FNSBNK413 Provide services in a Business Transaction Centre 40 Unit of competency
OCE05 BSBTEC201 Use business software applications 55 Unit of competency
Replaces
State Code National Code Title Type
BFF0 FNS42020 Certificate IV in Banking Services Qualification
No information
Entry Requirements

Nil

Traineeships and Apprenticeships
(TR10270) PERSONAL BANKER Traineeship