FNSBNK512 Assess Complex Loans
About our FNSBNK512 Assess Complex Loans
Assess Complex Loans is designed to help individuals who work in financial services identify the capacity of a client to meet the terms and conditions of suitable loan products and services available by:
- Assessing clients with complex financial needs
- Considering complex financial structures and legislative requirements
Loans can be considered complex for one or more of the following reasons:
- The borrower type – Self-employed, partnership, trust, or company
- The loan type – High LVR, loan splits
- Security offered as collateral – Personal or company guarantees, second mortgage, registered charges, property type and location, cross-collateralisation.
Program Content
- Topic 1: Overview of the lending process
- Topic 2: Managing customers with complex borrowing needs
- Topic 3: Assessing complex loan applications
Learning Outcomes
- Evaluate possible risks and determine overall level of risk associated with a complex loan application
- Document a loan risk assessment in accordance with organisational procedures
- Complete credit account administration according to organisational credit policy and timelines, and legislative requirements.
- Outline aspects of a borrower’s situation that can make their loan application process complex
- Explain the various ways borrowers and lenders can negotiate on types of security to be taken for complex loan structures.
- Evaluate factors that contribute to forming product and service recommendations for clients
- Identify disclosure documents relevant to marketing and offering credit products and services
- Implement credit product and service recommendations for clients and discuss ancillary products and services available.
What you will learn
Who is this course for?
- Loan officers
- Credit assessment teams
Units of Competency
- FNSBNK512 Assess complex loans
Pre-requisite
Recognition of Prior Learning
Certification
On successful completion, you will be awarded a Statement of Attainment confirming that you have successfully completed the following unit of competency.
FNSBNK512 Assess complex loans
