Skill set Outline
Information current as of
12/09/2026 3:38 AM AWST
12/09/2026 3:38 AM AWST
Whilst all efforts are made to provide accurate and timely information from the relevant source/documentation, please be aware that the information supplied may not be the most current version. The accuracy of the detail has not been confirmed by the Department and therefore should not be relied upon without first confirming the contents.
Custody and Operations Skill Set
Custody and Operations Skill Set
Skill set
National Code
FNSSS00017
FNSSS00017
State Code
AE186
AE186
TGA Status
Current
Current
DTWD Status
Approved
Approved
National Endorsed, State Implementation and Classification
AQF Level
—
Field of Education
—
Skillset Type
National
Original TGA Release Date
01/07/2020
Current Release Date
15/06/2022
Current Release Number
2.00
Approved Date
02/10/2020
Nominal Hours
120
Duration
1 Semester
Releases
| Release Version | Release Date | TGA Status | DTWD Status |
|---|---|---|---|
| 2.00 | 15/06/2022 | Current | Approved |
| 1.00 | 01/07/2020 | Replaced | Replaced |
Description
This skill set addresses the skills and knowledge to work within custody and operations areas of financial markets organisations.
Pathway Information
The units of competency in this skill set provide credit towards FNS51022 Diploma of Financial Markets and other qualifications that allow for selection of these units.
Licensing / Regulatory Information
No licensing, legislative or certification requirements apply to this skill set at the time of publication.
Target Group
This skill set is suitable for individuals undertaking or engaging with custody and operations roles in such enterprises as investment managers, fund managers, super funds, wealth platform providers, custodial services providers and related financial services businesses.
Suggested words for statement of attainment
These units of competency from FNS Financial Services Training Package meet industry requirements for working in custodial and operations areas in financial markets contexts.
General notes
Schedule
| State Code | National Code | Title | Hours | Type |
|---|---|---|---|---|
| OBR81 | FNSFMK521 | Analyse financial markets and information | 60 | Unit of competency |
| OBR84 | FNSFMK514 | Complete confirmation and settlement processes | 40 | Unit of competency |
| OBR89 | FNSFMK411 | Perform reconciliations | 20 | Unit of competency |
