Qualification Outline

Date retreived
22/07/2026 6:00 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.

Diploma of Banking Services Management

Diploma of Banking Services Management

Qualification
National Code:
FNS50922
State Code:
BHX4
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
Initial Vocational (3100 - 3600)
VET Act Classifier
C
Nominal Hours
615
Duration
2 Semesters
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 a range of roles with team and business result responsibilities in customer contact centres or retail and/or commercial financial services environments within banking or other deposit-taking institutions. Individuals in these roles have autonomy in performing technical operations; apply solutions to a range of often complex problems; and research, analyse and evaluate information from a variety of sources. They apply initiative to plan, coordinate and evaluate their own work and provide guidance to others.
Licensing, legislative, regulatory or certification considerations
Work functions in the occupational areas where this qualification is used may be 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 four (4) must be from the elective units listed below
- up to three (3) may be from the remaining listed elective units or from any currently endorsed Certificate IV 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.
1. Core Units

All five (5) units must be completed.

State Code National Code Title Hours Type
OBR52 FNSFMK515 Comply with financial services regulation and industry codes of practice 40 Unit of competency
OBR53 FNSINC411 Conduct work according to professional practices in the financial services industry 25 Unit of competency
OCI62 FNSCUS511 Develop and maintain professional relationships in financial services industry 45 Unit of competency
OCF92 BSBLDR522 Manage people performance 65 Unit of competency
OCI02 FNSCUS513 Review business performance 50 Unit of competency
2. Elective Units

At least four (4) units must be chosen from the elective units listed below. Please refer to the packaging rules for the 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
OEB78 FNSSAM521 Apply advanced techniques to provide financial products and services 45 Unit of competency
OEC13 FNSINC514 Apply ethical frameworks and principles to make and act upon decisions 35 Unit of competency
OBR68 FNSRSK411 Apply risk management strategies to own work 45 Unit of competency
OEB79 FNSSAM512 Assess market needs and identify opportunities for new financial products and services 60 Unit of competency
AUS51 FNSPIM410 Collect, assess and use information 20 Unit of competency
OCD37 BSBINS402 Coordinate workplace information systems 40 Unit of competency
OBR60 FNSRSK612 Determine and manage risk exposure strategies 55 Unit of competency
OCI77 FNSCUS515 Determine client financial requirements and expectations 60 Unit of competency
AUS31 FNSORG503 Develop a resource plan 50 Unit of competency
OCE07 BSBSUS511 Develop workplace policies and procedures for sustainability 50 Unit of competency
OEC03 FNSCRD412 Establish and maintain appropriate security options for credit facilities 20 Unit of competency
OCD45 BSBSTR501 Establish innovative work environments 45 Unit of competency
OCE23 BSBSTR502 Facilitate continuous improvement 55 Unit of competency
OED09 FNSINC513 Identify and apply complex ethical decision making to workplace situations 35 Unit of competency
OCF41 BSBMKG541 Identify and evaluate marketing opportunities 65 Unit of competency
OCZ63 FNSMCA413 Identify and manage individuals experiencing hardship 35 Unit of competency
OCZ66 FNSFMB514 Implement complex loan structures 50 Unit of competency
OCZ52 FNSFMB511 Implement credit contracts in preparation for settlement 25 Unit of competency
OEC02 FNSCRD413 Manage and recover bad and doubtful debts 30 Unit of competency
OBR61 FNSBNK511 Manage banking and service strategy for small business customers 80 Unit of competency
OCE37 BSBOPS505 Manage organisational customer service 35 Unit of competency
OCD50 BSBPEF501 Manage personal and professional development 55 Unit of competency
AUQ95 FNSCUS504 Manage premium customer relationships 60 Unit of competency
OCI56 FNSCUS512 Monitor clients' financial requirements 40 Unit of competency
AUT13 FNSSAM503 Monitor market opportunities 30 Unit of competency
OBB09 BSBWHS308 Participate in WHS hazard identification, risk assessment and risk control processes 30 Unit of competency
OEB97 FNSCRD513 Promote client understanding of the role and effective use of consumer credit 50 Unit of competency
OEC05 FNSBNK513 Provide business advisory services within a financial services context 60 Unit of competency
OCD43 BSBLDR602 Provide leadership across the organisation 60 Unit of competency
OCI50 FNSCUS516 Record and implement client instructions 60 Unit of competency
Replaces
State Code National Code Title Type
BFE9 FNS50920 Diploma of Banking Services Management Qualification
No information
Entry Requirements

Nil

Traineeships and Apprenticeships
No information