SAQA All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source.
SOUTH AFRICAN QUALIFICATIONS AUTHORITY 
REGISTERED UNIT STANDARD THAT HAS PASSED THE END DATE: 

Enhance work practices within a treasury by the application of market knowledge in a banking environment 
SAQA US ID UNIT STANDARD TITLE
7362  Enhance work practices within a treasury by the application of market knowledge in a banking environment 
ORIGINATOR
SGB Financial Services 
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY
-  
FIELD SUBFIELD
Field 03 - Business, Commerce and Management Studies Finance, Economics and Accounting 
ABET BAND UNIT STANDARD TYPE PRE-2009 NQF LEVEL NQF LEVEL CREDITS
Undefined  Regular  Level 5  Level TBA: Pre-2009 was L5  20 
REGISTRATION STATUS REGISTRATION START DATE REGISTRATION END DATE SAQA DECISION NUMBER
Passed the End Date -
Status was "Reregistered" 
2003-12-03  2004-08-11  SAQA 1351/03 
LAST DATE FOR ENROLMENT LAST DATE FOR ACHIEVEMENT
2005-08-11   2008-08-11  

In all of the tables in this document, both the pre-2009 NQF Level and the NQF Level is shown. In the text (purpose statements, qualification rules, etc), any references to NQF Levels are to the pre-2009 levels unless specifically stated otherwise.  

This unit standard is replaced by: 
US ID Unit Standard Title Pre-2009 NQF Level NQF Level Credits Replacement Status
117821  Enhance work practices within a treasury by the application of market knowledge in a banking environment  Level 5  Level TBA: Pre-2009 was L5  15  Complete 

PURPOSE OF THE UNIT STANDARD 
This unit standard is intended for people who trade on the various desks, conduct the treasurer function and monitor risk. Learners are able to enhance work practices by gathering information to establish a comprehensive understanding of client needs and credit risk with a view to meeting these needs; identify and explain applicable financial markets and role-players within the trading environment; and to integrate market and client knowledge in order to recommend financial solutions. 

LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
Learners are required to have a working knowledge of trading procedures and the implications of trading. Learners are also required to know how to operate applicable systems within their trading environment. 

UNIT STANDARD RANGE 
Range statements are not fully inclusive. 

Specific Outcomes and Assessment Criteria: 

SPECIFIC OUTCOME 1 
Gather information to establish a comprehensive understanding of client needs and credit risk 
OUTCOME NOTES 
Gather information to establish a comprehensive understanding of client needs and credit risk with a view to meeting these needs. 

ASSESSMENT CRITERIA
 

ASSESSMENT CRITERION 1 
1. Client business requirements are identified in order to initiate deal as per company guidelines. 

ASSESSMENT CRITERION 2 
2. Environment within which a client operates and the functioning of this environment is identified as per company guidelines. 

ASSESSMENT CRITERION 3 
3. Historical and risk analysis of the client is conducted and evaluated as per company specified procedure. 

ASSESSMENT CRITERION 4 
4. Current benchmark information is gathered from sources in order to provide solutions as per company guidelines. 
ASSESSMENT CRITERION RANGE 
Sources: competitors, colleagues, other clients, periodicals, information providing systems and private networks.
 

SPECIFIC OUTCOME 2 
Identify and explain applicable financial markets and role-players within the trading environment 

ASSESSMENT CRITERIA
 

ASSESSMENT CRITERION 1 
1. Appropriate markets are explained as per the appropriate legislation or regulations. 
ASSESSMENT CRITERION RANGE 
Appropriate markets: money, capital, derivative, foreign exchange and commodities.
 

ASSESSMENT CRITERION 2 
2. The functions of role-players within various markets are explained. 
ASSESSMENT CRITERION RANGE 
Role-players: banks, customers, South African Reserve Bank, brokers and regulatory bodies.
 

ASSESSMENT CRITERION 3 
3. The inter-relationship between various markets are understood and explained. 
ASSESSMENT CRITERION RANGE 
Markets: money, capital, derivative, foreign exchange and commodities.
 

SPECIFIC OUTCOME 3 
Integrate market and client knowledge and recommend financial solutions 

ASSESSMENT CRITERIA
 

ASSESSMENT CRITERION 1 
1. Models are used to integrate market knowledge into work practises in order to contribute to a best possible solution for clients, according to company model guidelines. 
ASSESSMENT CRITERION RANGE 
Models: financial engineering models.
 

ASSESSMENT CRITERION 2 
2. Information with regards market conditions is communicated to selected clients, to contribute to providing a solution to satisfy client needs. 

ASSESSMENT CRITERION 3 
3. Alternative solutions, which are based on market knowledge, are presented in order to meet client's needs. 


UNIT STANDARD ACCREDITATION AND MODERATION OPTIONS 
Accreditation process (including moderation):
  • Anyone assessing a learner against a unit standard must be registered as an assessor with the relevant ETQA.
  • Any institution offering learning that will enable achievement of this unit standard or assessing this unit standard must be accredited as a provider with the relevant ETQA.
  • Moderation of assessment will be overseen by the relevant ETQA according to the moderation guidelines in the relevant qualification and the agreed ETQA procedures.

    Therefore, anyone wishing to be assessed against this unit standard may apply to be assessed by any assessment agency, assessor or provider institution, which is accredited by the relevant ETQA. 


  • Critical Cross-field Outcomes (CCFO): 

    UNIT STANDARD CCFO IDENTIFYING 
    The learner will identify and solve problems and display responsible decision making by using models to integrate market knowledge where information and alternative solutions based on market knowledge can be provided to satisfy client needs. 

    UNIT STANDARD CCFO COLLECTING 
    The learner will collect, organise and critically evaluate information to establish a comprehensive understanding of client needs and credit risk by identifying the client's business requirements and the environment that the client operates within, through conducting and evaluating a historical and risk analysis and using current benchmarks in order to provide the client with a solution. 

    UNIT STANDARD CCFO COMMUNICATING 
    The learner will display the ability to communicate effectively when discussing the applicable markets (and the inter-relationships amongst these markets) and role-players and their functions within the trading environment as per the appropriate legislation/regulation. 

    UNIT STANDARD NOTES 
    This unit standard has been replaced by unit standard 117821, which is "Enhance work practices within a treasury by the application of market knowledge in a banking environment", Level 5, 15 credits.

    Terminology:
  • Model: suggested strategy; to run "what if" scenarios or stress scenarios
  • Financial Engineering: structuring of different client strategies

    Assessment criteria:

    Assessment criteria "The functions of role-players within various markets are explained" and "The inter-relationship between various markets are understood and explained" refer to unit standard/s on role-players within various markets. This unit is not yet developed at time of drafting this standard.

    Industry Jargon:

    The following jargon may be encountered when attempting this unit standard:

    ATM - At the Money
    Bear
    Broker
    Bull
    Call
    Close-out
    Cross Rate
    Dealer
    Discount
    Exercise
    Firm
    Forward
    Forward Forward
    Gamma
    Intrinsic Value
    ITM - In the Money
    Jobbing
    Long
    Margin
    Mine
    Open Position
    Option
    OTM - Out the Money
    Overnight
    Par
    Pip, or point
    Premium
    Put
    Rate of Exchange
    Short
    Spot
    Spot against Forward Position
    Spot against Forward Transaction
    Spot next
    Spot-next
    Spread
    Straddle
    Strangle
    Swap
    Time Value
    Tom-next
    Turn
    Value Date
    Vega
    Weak
    Yours 

  • QUALIFICATIONS UTILISING THIS UNIT STANDARD: 
      ID QUALIFICATION TITLE PRE-2009 NQF LEVEL NQF LEVEL STATUS END DATE PRIMARY OR DELEGATED QA FUNCTIONARY
    Elective  61589   National Certificate: Banking  Level 5  Level TBA: Pre-2009 was L5  Reregistered  2021-06-30  As per Learning Programmes recorded against this Qual 


    PROVIDERS CURRENTLY ACCREDITED TO OFFER THIS UNIT STANDARD: 
    This information shows the current accreditations (i.e. those not past their accreditation end dates), and is the most complete record available to SAQA as of today. Some Primary or Delegated Quality Assurance Functionaries have a lag in their recording systems for provider accreditation, in turn leading to a lag in notifying SAQA of all the providers that they have accredited to offer qualifications and unit standards, as well as any extensions to accreditation end dates. The relevant Primary or Delegated Quality Assurance Functionary should be notified if a record appears to be missing from here.
     
    1. Nedbank Ltd 
    2. Plumb Line Risk Alignment 
    3. The Institute of Literacy Advancement 



    All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source.