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Human Capital Management |
Financial Services & Risk Management
| Macquarie
University Programmes
Skills Certification
for the Financial Services Industry (SC)
Programme Overview
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Admission & Fees
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Application
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Downloads & Enquiry
SHRI’s
Skills Certification programme is designed to provide a structured framework for employees in
the financial services industry. It aims to broaden their knowledge and
provide the core skills that are recognised by the industry as critical
enablers, thus keeping employees up-to-date and enhancing their
performance in the key functional areas of financial services.
To equip employees with the necessary knowledge of the operations,
practices and procedures relating to the core functional areas of the
financial services industry, training in the following skills clusters
are offered: Cluster 1 Lending; Cluster 2 Trade Services; Cluster 3
Investment and Cluster 4 Personal Financial Counselling.
Course Content
Cluster 1 Lending
Credit Evaluation
·
Lending Philosophy
· Credit Process
·
Sources of Credit Information
·
Principles of Good Lending
·
Evaluating the Loan Proposal
·
Working Capital Financing
·
FX
Risks
·
Cashflow Analysis
·
Debt Service Coverage
·
Drafting the Letter of Offer
Credit Administration
·
Account Administration
·
Loan Documentation
·
Collateral Documentation
·
Loan Classification Procedures
·
Complying with Legal Requirements
Account Monitoring
and Control
·
Pre-Disbursement Checks
·
Loan
Policy
·
Monitoring Account Operations
·
Monitoring the Facilities
·
Credit Checks
·
Recognising Early Warning Signs
·
Security
Cluster 2 Trade Services
Fundamentals of International Trade
·
Introduction to Import and Export Practice
·
Methods of Payment between Importer and Exporter
·
Trade Terms in International Contracts
·
ICC Uniform Rules for Collections (URC 522)
·
ICC Uniform Customs and Practice for Documentary Credits (UCP 500)
·
Types of International Transport
·
Bills of Lading
·
Cargo Insurance
·
Documents used in International Trade
·
Managing Foreign Exchange
·
Methods of Settlement
Financing
International Trade
·
Documentary Collection
·
Documentary Credit
·
Documentary Credit Operations
·
Types of Documentary Credits
·
Types of Settlement Methods in Documentary Credits
·
Roles and Responsibilities of Various Parties in Documentary Credits
·
Types of Credit
·
Guarantees
·
Import and Export Financing
·
Standby Letter of Credit
Risks in Trade Financing
·
Risks of Exporting and Importing
·
Risk relating to Documentary Credits and Collections
·
Maritime Fraud
·
Fraud in Letters of Credit
Cluster 3 Investment
Fundamentals of
Investments
·
Investments
·
Risk and Return
·
Economic/Market Analysis
·
Industry Analysis
·
Financial Analysis
·
Financial Statement Analysis
·
Technical Analysis
·
Bond Fundamentals
·
Term Structure of Interest Rates and Duration
·
Equities
·
Futures
Investment Planning
·
Introduction and Overview
·
Market Efficiency
·
Portfolio Selection
·
Major Asset Classes
·
Global Investment
·
Managed Products/ Unit trusts
·
Asset Allocation
·
Portfolio Construction and Execution
·
Performance Measurement
Regulations and Compliance in Equity Investment
·
Regulatory Body and Industry Association
·
Regulations Governing Fund Management and Equity Investment
·
Equity Trading in Singapore
·
Regulations Governing Stockbroking Industry
·
Guidelines on Money Laundering
·
Unit Trusts
·
Central Provident Fund Investment Scheme
·
IMAS Code of Ethics and Standards of Professional Conduct
Cluster 4 Personal Financial Counselling
Personal Financial
Services
·
Introduction
·
Investors' Considerations in Investments
·
Impact of Economy on Investment Performance
·
Unit Trust as a Risk Diversification Vehicle
·
Life Insurance as a Personal Risk Management Tool
·
Investment-linked Insurance and CPF Investment Scheme
Personal Financial Counselling
·
Personal Financial Planning Process
·
Counselling Clients on Financial Goals
·
Data Gathering and Getting to Know Clients
·
Data Analysis
·
Presenting an Integrated Approach
Legal Aspects of Financial Counselling
·
Respecting the Fiduciary Relationship between a Financial Counsellor and
his Client
·
Code of Ethics and Statutory Disclosure Requirements with respect to
Provision of Insurance Services
·
Code of Ethics and Professional Standards for Financial Counsellors
·
Insurance Trust and Policy Assignment
·
Banking Secrecy and Money Laundering
The modules listed above may be conducted in a
different sequence.
Course Duration
·
Modules
1 and 2 in each cluster consist of 16 sessions of 2˝-hourly lectures
·
Module 3 in
each cluster consists of 8 sessions of 2˝-hourly lectures
·
Lessons are conducted twice a week
Assessment
Methods
There are 4 papers in all and
participants must attempt
Papers 1, 2 and 3 before they are allowed to attempt Paper 4.
Examinations on Papers 1, 2 and 3 are offered after the conclusion of
lectures for the respective modules, usually one week after the last
lecture session. Examination on Paper 4 is usually offered two weeks
after the examination on Paper 3.
Candidates who have passed all
papers and satisfied all requirements will be awarded the Skills
Certificate in Financial Services (specialising in the specified
skills cluster).
Advancement
Participants who
acquire at least two Skills Certificates are encouraged to progress to
the Institute’s Diploma in Banking and Finance or Diploma in Investment.
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