New Zealand Certificate in Financial Services (Level 5)

NZ2315

The New Zealand Certificate in Financial Services (Level 5) is the qualification you need to meet the legal requirements for giving financial advice in New Zealand.

  •  
    Level
    5
  •  
    Credits
    75
  •  
    Workload

    Approximately 10-12 hours study per course per week.

  •  
    Study type Open
  •  
    Student loan

About this qualification

This qualification It is delivered by distance, so if you’re already working in the industry, you won’t need to give up your job to get ahead in your career. Areas of specialisation within the programme include:

  • investment
  • insurance (life and health)
  • Insurance (general)
  • residential property lending advice
  • financial advice.

It is suitable for individuals who are working in or who wish to enter the financial services industry. It will help you advance to specialist roles, and enhance your skills and knowledge within retail and personal services areas of the financial services industry.

The financial advice strand is of particular relevance to those seeking to provide personalised financial advice.

Legal and competency requirements for giving financial advice - Code Committee website (opens in new window)

 

What you will learn

When you complete this certificate you will be able to demonstrate the knowledge and application of:

  • professional practice, requirements of regulations, professional practice standards and operational guidelines as a financial adviser
  • an understanding of the stages of financial advice and products
  • an understanding of the relationships between economic environments and the financial market
  • the steps in giving financial advice.

Depending on which elective set you study, you will be able to demonstrate competence in:

  • the principles of investment, investment risk and return, investment products and investment advice, OR
  • the principles of risk, risk management and underwriting, and specialist knowledge in at least one area of insurance, OR
  • the principles of lending, home loan products, the loan application process, and external factors that impact on the residential property market.

Career opportunities

When you complete this qualification you will qualified to work in a range of specialist areas and roles.

Financial advice:

  • financial advisers, including becoming an Authorised Financial Advisers (this strand is a regulatory requirement).

Investment:

  • paraplanning
  • investment/adviser support
  • custody officer
  • financial services regulator
  • investment product manager
  • business development manager

Life and health insurance, and general insurance:

  • senior underwriter
  • accounts manager (customer/client)
  • product specialist
  • claims specialist
  • senior risk advisor
  • risk advisor
  • branch manager
  • broker, domestic broker or senior broker.

Residential property lending:

  • credit manager
  • private banker
  • mortgage broker
  • financial adviser.

Personal lending:

  • bank lending consultants
  • credit managers.

Banking:

  • branch manager (retail)
  • relationship manager (small business and wholesale inclusive)
  • senior relationship manager (small business and wholesale inclusive)
  • investment specialists
  • associate private bankers
  • private bankers
  • risk and compliance managers.

Trustee services:

  • branch managers
  • relationship managers
  • senior relationship managers
  • investment specialists
  • regional managers
  • operations manager
  • authorised financial adviser
  • senior trust officer
  • senior trust manager
  • risk and compliance managers.

Academic pathways

This qualification may follow on from the New Zealand Certificate in Financial Services (Level 4), with strands in Banking, Family/Personal Budgeting, and Insurance. That qualification is not a prerequisite for entry into this one.

On completion of this qualification you could progress onto higher level qualifications in financial services, or other business and management including:

  •  
    Level
    5
  •  
    Credits
    75
  •  
    Workload

    Approximately 10-12 hours study per course per week.

  •  
    Study type Open
  •  
    Student loan