The primary purpose of the National Certificate in Banking Services Advice is to provide learners with the fundamental understanding, sound knowledge and relevant skills to comply with the requirements of the regulations under the FAIS Act to enable them to offer financial advice to clients in the banking sector. The successful learner will be accredited as a fit and proper person to render financial advice in the banking sector in terms of the Regulations under the FAIS Act. This qualification also aims to provide qualifying learners with the basic competencies and skills necessary to offer support services in any sector of financial services. The qualification will empower learners to acquire knowledge, skills, attitudes and values required to operate responsibly in the banking sector.

Qualifications

National Certificate in Banking Services Advice (SAQA ID: 48533)

Entry Requirements

Communication at NQF L4 and Mathematical Literacy at NQF L4

This qualification is for learners who

• Have worked in one of the sub-sectors of the financial services industry for many years, but have no formal
qualifications in their area of specialisation
• Wish to extend their range of skills and knowledge of the industry
• Are in a learnership agreement with the BANKSETA
• Have recently taken up a position in banking
• Require a Level 5 Qualification for licensing purposes with the Financial Services Board (FSB)

Objectives

At the end of this programme, the learner should be able to:
• Determine the banking-related financial needs of a business
• Provide sales-related services within the banking sector
• Produce and present banking-related sales solutions
• Apply banking-related direct selling techniques
• Identify financial implications for making decisions
• Apply business financial practices
• Explain client requirements and their impacts
• Explain legislative and regulatory requirements and their impacts
• Perform external sales process of a bank
• Implement personal selling strategies to achieve banking-related targeted results
• Identify product features, advantages and benefits to the customer