Qualification Outline

Date retreived
22/07/2026 7:35 AM 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.

Advanced Diploma of Integrated Risk Management

Advanced Diploma of Integrated Risk Management

Qualification
National Code:
FNS60815
State Code:
AVZ1
TGA Status:
Replaced
DTWD Status:
Transition (Replaced)
National Endorsed, State Implementation and Classification
Field of Education
0999 - Other Society And Culture
Original TGA Release Date
25/03/2015
Approved Date
16/09/2015
Stream of Study
Initial Vocational (3100 - 3600)
VET Act Classifier
C
Nominal Hours
650
Duration
2 Semesters
Current Release Number
3.00
Current Release Date
13/02/2018
VET Act Conditions
Releases
Release Version Release Date TGA Status DTWD Status
3.00 13/02/2018 Current Approved
2.00 22/04/2015 Replaced Approved
1.00 25/03/2015 Replaced Approved
Description

This qualification provides cross-industry competencies for experienced risk managers and covers risk management activities undertaken by senior personnel to develop innovative strategies for dealing with complex risk management issues.
At this level individuals are expected to apply specialist skills and knowledge in a range of situations to manage complex operational and strategic risk situations and issues. They work across a broad range of technical or management functions with accountability for personal outputs and for team outcomes.

Licensing/Regulatory Information
No licensing or certification requirements apply to this qualification at the time of publication. However, some units will specify relevant licensing, legislative and/or regulatory requirements that impact on the unit. Refer to the FNS Implementation Guide Companion Volume for guidance on requirements.

Schedule
Packaging Rules
Total number of units = twelve (12)
- four (4) core units plus
- eight (8) elective units

The elective units consist of:
- six (6) from the electives below.

Of the remaining two (2) units:
- up to two (2) may be from the electives
- up to two (2) may be from a Diploma or Advanced Diploma in any currently endorsed training package or accredited course.

The elective units chosen must be relevant to the work outcome and meet local industry needs.
1. Core Units

All four (4) units must be completed.

State Code National Code Title Hours Type
AUS93 FNSRSK602 Determine and manage risk exposure strategies 50 Unit of competency
AUJ30 BSBCOM602 Develop and create compliance requirements 50 Unit of competency
AUS79 FNSRSK601 Develop and implement risk mitigation plan 50 Unit of competency
AUJ27 BSBCOM603 Plan and establish compliance management systems 50 Unit of competency
2. Elective Units

At least six (6) units must be chosen from the elective units listed.
Please refer to the packaging rules for the full details of available options.

State Code National Code Title Hours Type
AUH30 BSBWHS609 Advise on the application of safe design principles to control WHS risks 50 Unit of competency
AUS39 FNSORG508 Analyse and comment on management reports 40 Unit of competency
AUJ50 BSBWHS607 Apply ergonomics to manage WHS risks 50 Unit of competency
BBH69 FNSINC504 Apply ethical frameworks and principles to make and act upon decisions 35 Unit of competency
AUJ38 BSBWHS608 Assist with applying occupational hygiene to manage WHS risks 50 Unit of competency
AUR11 FNSFMK505 Comply with financial services regulation and industry codes of practice 40 Unit of competency
AUJ71 BSBWHS606 Conduct a WHS audit 60 Unit of competency
AUQ30 FNSACC606 Conduct internal audit 40 Unit of competency
AUJ21 BSBWHS510 Contribute to implementing emergency procedures 40 Unit of competency
AUJ81 BSBWHS507 Contribute to managing WHS information systems 50 Unit of competency
AUL21 BSBMGT615 Contribute to organisation development 60 Unit of competency
AUM38 BSBWHS503 Contribute to the systematic management of WHS risk 50 Unit of competency
AUK16 BSBMGT617 Develop and implement a business plan 60 Unit of competency
AUL97 BSBMGT616 Develop and implement strategic plans 60 Unit of competency
AUS52 FNSORG602 Develop and manage financial systems 60 Unit of competency
AUJ05 BSBCOM503 Develop processes for the management of breaches in compliance requirements 30 Unit of competency
AUI86 BSBSUS501 Develop workplace policy and procedures for sustainability 50 Unit of competency
AUM15 BSBWHS605 Develop, implement and maintain WHS management systems 60 Unit of competency
AUS53 FNSORG603 Establish and prepare operational guidelines in a financial services organisation 50 Unit of competency
AUS64 FNSPRM601 Establish, supervise and monitor practice systems to conform with legislation and regulations 60 Unit of competency
AUQ18 FNSACC609 Evaluate financial risk 35 Unit of competency
AUH03 BSBWHS604 Evaluate the WHS performance of organisations 50 Unit of competency
AUH23 BSBCOM501 Identify and interpret compliance requirements 20 Unit of competency
BBH97 FNSINC503 Identify situations requiring complex ethical decision making 35 Unit of competency
BBH73 FNSACC516 Implement and maintain internal control procedures 20 Unit of competency
AUK73 BSBWHS603 Implement WHS risk management 40 Unit of competency
AUJ29 BSBINM501 Manage an information or knowledge management system 40 Unit of competency
AUJ03 BSBMGT517 Manage operational plan 50 Unit of competency
AUI09 BSBPMG517 Manage project risk 40 Unit of competency
AUK71 BSBWHS508 Manage WHS hazards associated with plant 50 Unit of competency
AUL12 BSBWHS504 Manage WHS risks 50 Unit of competency
BBH93 FNSACC624 Monitor corporate governance activities 60 Unit of competency
AUS45 FNSORG601 Negotiate to achieve goals and manage disputes 40 Unit of competency
AUS46 FNSORG505 Prepare financial reports to meet statutory requirements 50 Unit of competency
BBH87 FNSACC511 Provide financial and business performance information 50 Unit of competency
AUG94 BSBMGT605 Provide leadership across the organisation 60 Unit of competency
Replaces
State Code National Code Title Type
D728 FNS60811 Advanced Diploma of Integrated Risk Management Qualification
Replaced By
State Code National Code Title Type
BFE6 FNS60820 Advanced Diploma of Integrated Risk Management Qualification
No information
Entry Requirements

Nil.

Traineeships and Apprenticeships
No information