ANZSCO 222199: Financial Brokers nec
Skill Level: 2 | Assessing Authority: VETASSESS (Group: C)
Group C : Skills Assessment Criteria:
Qualification(s) assessed at least AQF Diploma level with a highly relevant field of study and at least one year of post-qualification highly relevant employment at an appropriate skill level in the last five years;
OR
Qualification(s) assessed at least AQF Diploma level with an additional qualification at least AQF Certificate IV in a highly relevant field of study and at least one year of post-qualification highly relevant employment at an appropriate skill level in the last five years;
OR
Qualification(s) assessed at least AQF Diploma level without a highly relevant field of study and at least two years of post-qualification highly relevant employment at an appropriate skill level in the last five years;
Note: For pre-qualification employment (if all of your employment is before your qualification assessed at the AQF diploma level), three years of highly relevant employment in addition to at least one year of highly relevant employment at an appropriate skill level in the last five years.
Requirements for Skills Assessment
This occupation requires a qualification assessed as comparable to the education level of an Australian Qualifications Framework (AQF) Diploma or higher and in a field highly relevant to the nominated occupation.
In addition to the above, it is essential for applicants to meet the following employment criteria:
- at least one year of post-qualification employment at an appropriate skill level,
- undertaken in the last five years,
- working 20 hours or more per week, and
- highly relevant to the nominated occupation.
If the qualification is not in a highly relevant field, then the applicant must have:
- two years of post-qualification employment experience at an appropriate skill level,
- undertaken in the last five years,
- working 20 hours or more per week, and
- highly relevant to the nominated occupation.
This is reduced to one year if there is an additional qualification at least at AQF Certificate IV level in a highly relevant field.
If employment has occurred before completion of qualification, then three years of highly relevant employment experience are required in addition to at least one year of highly relevant employment at an appropriate skill level in the last five years.
Please note in order to achieve a successful Skills Assessment Outcome, a positive assessment for both qualifications and employment is required.
Not Elsewhere Classified (nec)
Some occupations assessed by VETASSESS are listed as ‘nec’ which means ‘not elsewhere classified’. If you are nominating one of these occupations, you must ensure that your qualifications and employment are highly relevant to one of the occupation titles given in the ANZSCO description for the particular occupation.
Qualification
AQF Bachelor degree or higher degree. This includes qualifications assessed at AQF Bachelor, Master and Doctoral level.
Highly relevant major fields of study include:
» Finance
» Economics
» Econometrics
» Accounting
» Management
» General Commerce
» Business
Employment
Highly relevant tasks include, but are not limited to:
» Broking complex and commercial leases, equipment finance, commercial finance, project finance and finance for property developers.
Additional tasks may include:
» Interviewing prospective clients to understand their requirements
» Analysing clients’ financial status, discussing financial options and developing financial strategies
» Determining the specific financial requirements of clients, and researching and reviewing available products for suitability to meet clients’ requirements
» Recommending loan combinations that meet clients’ needs
» Preparing documents which set out the conditions of finance, repayments and loan periods
Reference: vetassess.com.au
Skill Assessment Assistance