Course Title: Implement complex loan structures

Part B: Course Detail

Teaching Period: Term1 2024

Course Code: BAFI5254C

Course Title: Implement complex loan structures

Important Information:

Please note that this course may have compulsory in-person attendance requirements for some teaching activities.

To participate in any RMIT course in-person activities or assessment, you will need to comply with RMIT vaccination requirements which are applicable during the duration of the course. This RMIT requirement includes being vaccinated against COVID-19 or holding a valid medical exemption.

Please read this RMIT Enrolment Procedure as it has important information regarding COVID vaccination and your study at RMIT: https://policies.rmit.edu.au/document/view.php?id=209.

Please read the Student website for additional requirements of in-person attendance: https://www.rmit.edu.au/covid/coming-to-campus

Please check your Canvas course shell closer to when the course starts to see if this course requires mandatory in-person attendance. The delivery method of the course might have to change quickly in response to changes in the local state/national directive regarding in-person course attendance.

School: 525T Business & Enterprise

Campus: City Campus

Program: C5419 - Diploma of Finance and Mortgage Broking Management

Course Contact: Mandeep Chahil

Course Contact Phone: +61 3 9925 5980

Course Contact Email: mandeep.chahil@rmit.edu.au


Name and Contact Details of All Other Relevant Staff

Nominal Hours: 50

Regardless of the mode of delivery, represent a guide to the relative teaching time and student effort required to successfully achieve a particular competency/module. This may include not only scheduled classes or workplace visits but also the amount of effort required to undertake, evaluate and complete all assessment requirements, including any non-classroom activities.

Pre-requisites and Co-requisites

Nil

Course Description

This unit describes the skills and knowledge required to establish actions, timings and priorities to implement complex loans and supervise the implementation process.

The unit applies to individuals who use specialised knowledge and well-developed organisational skills to coordinate the implementation of complex financial processes.

Work functions in the occupational areas where this unit may be used are subject to regulatory requirements. Users are advised to check with the relevant state and territory regulatory authorities to confirm those requirements.


National Codes, Titles, Elements and Performance Criteria

National Element Code & Title:

FNSFMB514 Implement complex loan structures

Element:

1. Organise implementation actions

Performance Criteria:

1.1 Identify client needs, requirements and objectives 1.2 Review complex and special features of client situation and identify loan implementation implications 1.3 Establish and prioritise implementation actions, timing and activities according to client needs and situation 1.4 Explain implementation actions required by client 1.5 Obtain written agreement to actions and establish implementation records according to organisational policies and procedures

Element:

2. Establish procedures for implantation

Performance Criteria:

2.1 Identify and brief applicable stakeholders of their responsibilities and actions 2.2 Coordinate implementation actions with other professionals 2.3 Establish monitoring procedures

Element:

3. Supervise implementation

Performance Criteria:

3.1 Assist applicable stakeholders to implement complex loan structures 3.2 Issue instructions to required personnel as per loan structure 3.3 Consult with and monitor relevant stakeholders 3.4 Check and follow up on lodgement of documentation 3.5 Obtain and process fees and charges according to organisational policies and procedures, and legislative and regulatory requirements 3.6 Debrief with client post-implementation and address concerns and queries

Learning Outcomes


On successful completion of this course you will have developed and applied the skills and knowledge required to demonstrate competency in the above elements.


Details of Learning Activities

A range of learning activities are planned for this course including self-paced and collaborative classroom-based activities. The self-paced activities will be delivered through various technology platforms and include your contribution to, reflective journals, and interactive sessions. The collaborative classroom-based activities will include group discussion, group problem-solving activities and opportunities to practice your skills in a simulated/real workplace environment. There are 5 assessments for this course that need to be completed to be deemed competent. 


Teaching Schedule

 

Week 

Week Beginning 

Topic 

Assessment Remarks 

1 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

22nd April 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

* Section 1

Loam Application = structured process. Read 1-7 of the learner guide around complex loans. Write a 100-word summary of what you consider to be a complex loan and why on the discussion board.  

** EACH WEEK THERE WILL BE ESSENTIAL READING FROM THE LEARNER GUIDE -THE MODULE OUTLINES HAVE PRECISE READING WEEK BY WEEK SCHEDULE

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2 

29th of April

 

Cont. Section 1  

 Begin looking at Complex loans. SMSF and Commercial loans 

 

Students to discuss on the discussion board in point form what data they require to produce for a complex loan.  

 

  
3

6th of May

 

Section 2

Reading financial reports and managing risk assessment process 

 

Understanding ratios.  

 

 Assessment 1 is due 
4

13th of May 

 

Lending Products and services 

 

Activity  

On discussion board who are the 4 regulators that as I broker, we need to be aware of and their responsibilities.  

 

 

 

 

 
5 20th of May 

Business commercial products 

  

Activity  

Research and post your findings on the discussion board on what does securitization mean.

  Assessment Task 2 is due 

 

6

 27th of May 

 

Section 3  

Read pages66-68 of the learner guide book. 

 

 Activity 

On the discussion board write a brief discussion from a commercial finance perspective the two purposes of needing to finance businesses.   

 

 

 

 

7 

 3rd June

 

Activity

During the online class a group discussion around  assessments and role plays will be undertaken.

  

 

Assessment Task 3 due this week
8 10th of June

Section 3 - Lending products and services  

Read pages 74 

 

ACTIVITY  

On the discussion board discuss why Bridging loans pose a risk?  

  Assessment 4 is due
9 17th of June   Assessment 5 is due. 


Learning Resources

Prescribed Texts


References


Other Resources

Students will need to regularly access the appropriate content folders in Canvas and complete learning activities as advised by their teacher.

It is expected that students will need to complete some learning tasks in their own time.


Overview of Assessment

Assessment for this course is ongoing throughout the semester. Your knowledge and understanding of course content is assessed through participation in class exercises, oral/written presentations and through the application of learned skills and insights. Full assessment briefs will be provided and can be found on CANVAS.


Assessment Tasks

There are 5 assessments for this course that need to be completed to be deemed competent. 

Assessment Task 1- Due in Week 3

Assessment 1 is a Knowledge Task based on a series of Short Answers. 

Assessment Task 2- Due in Week 5

Assessment 2 is the Case study assessment,

Assessment Task 3- Due in Week 7

Assessment 3  is a Role Play scenario

Assessment Task 4 - Due in Week 8

Assessment 4  is a Role Play scenario

Assessment Task 5- Due in Week 9

Assessment 5 is a Role Play Scenario  

You should:

  • Ensure that you submit assessments on or before the due date
  • Always retain a copy of your assessment tasks (hard copy and soft copy)
  • When you submit work for assessment at RMIT University you need to use a cover sheet that includes a declaration and statement of authorship. You must complete, sign and submit a cover sheet with all work you submit for assessment, whether individual or group work. On the cover sheet you declare that the work you are presenting for assessment is your own work. An assignment cover sheet for submission of each assessment task is available on Canvas
  • Each page of your assessment should include footer with your name, student number, the title of the assessment, unit code and title and page numbers. For example, John Calabro 324567, Task 2, OHS2345C Ensure safe workplace, Page 1 of 10

 

 

Late Submission Procedures

 

You are required to submit assessment items and/or ensure performance-based assessment is completed by the due dates.

 

If you are prevented from submitting an assessment item on time, by circumstances outside your control, you may apply in advance to your teacher for an extension to the due date of up to seven calendar days. 

 More Information: https://www.rmit.edu.au/students/student-essentials/assessment-and-exams/assessment/extensions-of-time-for-submission-of-assessable-work

 Where an extension of greater than seven days is needed, you must apply for special consideration. Applications for special consideration must be submitted no later than two working days after the assessment task deadline or scheduled examination. 

 More Information: https://www.rmit.edu.au/students/student-essentials/assessment-and-exams/assessment/special-consideration


Assessment Matrix

The assessment matrix that maps all the assessment is available in Canvas under 'Assignments'

All assessments will utilise a competency-based model and will be deemed as either Satisfactory or Not Yet Satisfactory

Other Information

Adjustments to Assessment

 

In certain circumstances students may be eligible for an assessment adjustment. For more information about the circumstances under which the assessment arrangements might be granted please access the following website: https://www.rmit.edu.au/students/my-course/assessment-results/special-consideration-extensions

 

Marking Guide (Competency)

 

You must demonstrate that you have all the required skills/knowledge/elements in the unit of competency you are studying.

 

You will receive feedback on each assessment task that will inform you about your progress and how well you are performing, and you will achieve one of the following results:

 Final results table

CA Competency Achieved 
NYC Not Yet Competent
DNS Did Not Submit one or more assessment tasks

Other Resources

Learning resources will be accessible via the Canvas learning management system.

Course Overview: Access Course Overview