CFMB_AS_v2_Submission1

.docx

School

Kaplan Business School *

*We aren’t endorsed by this school

Course

FNS40815

Subject

Finance

Date

Jan 9, 2024

Type

docx

Pages

124

Uploaded by SuperGoldfinch3960 on coursehero.com

Written Assignment Certificate IV in Finance and Mortgage Broking (CFMB_AS_v2) Student identification ( student to complete ) Please complete the fields shaded grey. Student number 10XXXXXX Written assignment result ( assessor to complete ) Result — first submission Not yet demonstrated Parts that must be resubmitted Result — resubmission (if applicable) Not applicable Result summary ( assessor to complete ) Section 1: Industry knowledge First submission Resubmission (if required) Task 1 — Key terms Not yet demonstrated Not applicable Task 2 — The Australian financial market Not yet demonstrated Not applicable Task 3 — Financial services legislation and industry codes of practice Not yet demonstrated Not applicable Task 4 — Products and services Not yet demonstrated Not applicable Section 2: Business skills Task 5 — Effective communication Not yet demonstrated Not applicable Task 6 — Professional development Not yet demonstrated Not applicable Task 7 — Customer service Not yet demonstrated Not applicable Task 8 — Respond and report on complaints Not yet demonstrated Not applicable Task 9 — Prospecting for new clients Not yet demonstrated Not applicable Task 10 — Professional networks Not yet demonstrated Not applicable Task 11 — Managing information Not yet demonstrated Not applicable Document classification: Confidential Page 1 of 124

Section 3: The lending process Task 12 — Understanding the client’s needs Not yet demonstrated Not applicable Task 13 — Developing and presenting solutions Not yet demonstrated Not applicable Task 14 — Packaging the application to send to the lender Not yet demonstrated Not applicable Task 15 — Monitor the lending process Not yet demonstrated Not applicable Section 4: Case studies Task 16 — Case study: Purchasing an owner- occupied home Not yet demonstrated Not applicable Task 17 — Completing the Fact find Not yet demonstrated Not applicable Task 18 — Assessing the clients’ situation Not yet demonstrated Not applicable Task 19 — Presenting borrowing options and potential benefits Not yet demonstrated Not applicable Task 20 — Supporting the client to settlement Not yet demonstrated Not applicable Task 21 — Case study: Refinancing a home loan Not yet demonstrated Not applicable Task 22 — Preparing a Preliminary Assessment Not yet demonstrated Not applicable Task 23 — Case study: Purchasing an investment property Not yet demonstrated Not applicable Task 24 — Preparing a loan proposal Not yet demonstrated Not applicable Task 25 — Loan contracts and security documentation Not yet demonstrated Not applicable Task 26 — Preparing the loan for settlement Not yet demonstrated Not applicable Feedback ( assessor to complete ) [insert assessor feedback] Document classification: Confidential Page 2 of 124

Before you begin Read everything in this document before you start your written assignment. About this document This document is the written assignment — half of the overall written and oral assignment. This document includes the following parts: Instructions for completing and submitting this assignment • Section 1: Working in financial services A case study with a series of short-answer questions: – Task 1 — Key terms – Task 2 — Establishing a level of financial knowledge – Task 3 — Financial services legislation and industry codes of practice – Task 4 — Products and services. • Section 2: Business skills – Task 5 — Effective communication – Task 6 — Professional development – Task 7 — Customer service – Task 8 — Respond and report on complaints – Task 9 — Prospecting for new clients – Task 10 — Professional networks – Task 11 — Managing information. • Section 3: The lending process A case study with a series of short-answer questions: – Task 12 — Understanding the client’s needs – Task 13 — Developing and presenting solutions – Task 14 — Packaging the application to send to the lender – Task 15 — Monitor the lending process. • Section 4: Case studies – Task 16 — Case study — Purchasing an owner-occupied home – Task 17 — Completing the Fact find – Task 18 — Assessing the clients’ situation – Task 19 — Presenting borrowing options and potential benefits – Task 20 — Supporting the client to settlement – Task 21 — Case study – Refinancing a home loan – Task 22 — Preparing a preliminary assessment – Task 23 — Case study – Purchasing an investment property – Task 24 — Preparing a loan proposal – Task 25 — Loan contracts and security documentation – Task 26 — Preparing the loan for settlement. Document classification: Confidential Page 3 of 124

How to use the study plan We recommend that you use the study plan for this subject to help you manage your time to complete the written assignment within your enrolment period. Your study plan is in the KapLearn Certificate IV in Finance and Mortgage Broking (CFMBv2) subject room. Document classification: Confidential Page 4 of 124

Instructions for completing and submitting this written assignment Saving your work Download this document to your desktop, type your answers in the spaces provided and save your work regularly. • Use the template provided, as other formats will not be accepted for these assignments. • Name your file as follows: StudentNumber_SubjectCode_AS_versionNumber_SubmissionNumber (e.g. 12345678_CFMB_AS_v2_Submission1 ). • Include your student ID on the first page of the written assignment. Before you submit your work, please do a spell check and proofread your work to ensure that everything is clear and unambiguous. Word count The word count shown with each question is indicative only. You will not be penalised for exceeding the suggested word count. Please do not include additional information which is outside the scope of the question. Additional research When completing the ‘Client information collection tools’, assumptions are permitted although they must not be in conflict with the information provided in the Case Studies. All assumptions must be noted. You may be required to conduct your own research in addition to the topic notes provided to source information to answer some of the assignment questions. You may also be required to source additional information from other organisations within the finance industry to find the products or services to meet your client’s requirements, to source indicative interest rates and to calculate any fees and charges that may be applicable. Document classification: Confidential Page 5 of 124

Submitting the written assignment Only Microsoft Office compatible written assignments submitted in the Word template file will be accepted for marking by Kaplan Professional Education. You need to save and submit this entire document. Incomplete written assignments will be returned to you unmarked. Do not remove any sections of the document. Do not save your completed written assignment as a PDF. The maximum file size for the written assignment (word document) and oral assignment (word document) is 20 MB . Once you submit your written assignment for marking you will be unable to make any further changes to it. You are able to submit your written and oral assignment earlier than the deadline if you are confident you have completed all parts and have prepared a quality submission. Please refer to the Assignment submission/resubmission videos in the ‘Assessment’ section of KapLearn under your ‘Assignment Enrolment’ for details on how to submit/resubmit your written assignment. Note: Your written assignment (in Word), oral assignment (in Word) and audio recording must all be submitted together on or before your personal due date. Please check KapLearn for your due date. Document classification: Confidential Page 6 of 124

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