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: 

Manage and coordinate documentation and client investment mandates 
SAQA US ID UNIT STANDARD TITLE
117768  Manage and coordinate documentation and client investment mandates 
ORIGINATOR
SGB Insurance and Investment 
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY
BANKSETA - Banking Sector Education and Training Authority 
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  10 
REGISTRATION STATUS REGISTRATION START DATE REGISTRATION END DATE SAQA DECISION NUMBER
Reregistered  2018-07-01  2023-06-30  SAQA 06120/18 
LAST DATE FOR ENROLMENT LAST DATE FOR ACHIEVEMENT
2024-06-30   2027-06-30  

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 does not replace any other unit standard and is not replaced by any other unit standard. 

PURPOSE OF THE UNIT STANDARD 
This Unit Standard is intended for persons who conduct administrative functions in the middle and back office in an Asset Management environment.

A person credited with this Unit Standard will be able to:
  • Approve relevant client documentation
  • Negotiate and agree content of mandate
  • Perform client mandate reviews for on-going validity 

  • LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
    It is assumed that learners are competent in:
  • Mathematical Literacy at NQF Level 4
  • Communication at NQF level 4
  • The National Diploma in Asset Management NQF Level 5. 

  • UNIT STANDARD RANGE 
    The scope of the Unit Standard covers types of client documentation that is to be managed such as:
  • Takeovers and disinvestments
  • Mandates
  • Contracts
  • Power of Attorney Documents 

  • Specific Outcomes and Assessment Criteria: 

    SPECIFIC OUTCOME 1 
    Approve relevant client documentation. 
    OUTCOME RANGE 
    Types of client documentation requiring approval:
  • Legal contract
  • SLA
  • Power of Attorney
  • Risk Disclosures
  • Money Laundering 

  • ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    Legislation relating to asset management is identified as listed by the company. 

    ASSESSMENT CRITERION 2 
    Legislation is applied to the required client documentation to ensure compliance. 

    ASSESSMENT CRITERION 3 
    Common law principles relating to contracts are applied as defined by the relevant legislation. 

    ASSESSMENT CRITERION 4 
    Legislative needs relating to the specific client's needs is identified and incorporated into the mandate. 

    ASSESSMENT CRITERION 5 
    List of different client documentation is identified and differences explained as per company procedure. 

    SPECIFIC OUTCOME 2 
    Negotiate and agree content of mandate. 
    OUTCOME RANGE 
    Content of mandates that may require negotiation and agreement.
  • Fees
  • Measurements
  • Benchmarks
  • Reporting Frequencies 

  • ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    Key elements of the mandate are identified as per legislative requirements. 

    ASSESSMENT CRITERION 2 
    The process of approving mandates with regulating authorities (FSB) is explained as per company procedure. 

    ASSESSMENT CRITERION 3 
    Client requirements are identified and matched to the mandate. 

    ASSESSMENT CRITERION 4 
    Company product specifications relating to client needs are explained as per company product specifications. 

    ASSESSMENT CRITERION 5 
    Portfolio of products on offer to meet client needs is explained as per company product specifications. 

    SPECIFIC OUTCOME 3 
    Perform contract reviews for ongoing validity. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    Changes instructed by clients are carried out as per company procedure. 

    ASSESSMENT CRITERION 2 
    Client documentation requiring changes due to legislative requirements are identified as defined by the company. 

    ASSESSMENT CRITERION 3 
    Changes governed by legislation are performed as per the defined legislation. 


    UNIT STANDARD ACCREDITATION AND MODERATION OPTIONS 
  • An individual wishing to be assessed (including through RPL) against this Unit Standard may apply to an assessment agency, assessor or provider institution accredited by the relevant ETQA, or an ETQA that has a Memorandum of Understanding with the relevant ETQA.
  • Anyone assessing a learner against this Unit Standard must be registered as an assessor with the relevant ETQA or with an ETQA that has a Memorandum of Understanding 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 or with an ETQA that has a Memorandum of Understanding with the relevant ETQA
  • Moderation of assessment will be conducted by the relevant ETQA at its discretion. 

  • UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE 
    Applicable legislation and its application. 

    UNIT STANDARD DEVELOPMENTAL OUTCOME 
  • Approve relevant client documentation
  • Negotiate and agree content of mandate
  • Perform client mandate reviews for ongoing validity 

  • UNIT STANDARD LINKAGES 
    N/A 


    Critical Cross-field Outcomes (CCFO): 

    UNIT STANDARD CCFO IDENTIFYING 
    Identify and solve problems during the review of client mandates. 

    UNIT STANDARD CCFO WORKING 
    Work effectively with others when requiring information or clarity on client mandate details 

    UNIT STANDARD CCFO ORGANISING 
    Organize and manage one self in order to coordinate relevant investment mandates and documentation. Manage and coordinate documentation and client investment mandates 

    UNIT STANDARD CCFO COLLECTING 
    Collect, analyse, organise and critically evaluate client documentation. 

    UNIT STANDARD CCFO COMMUNICATING 
    Communicate effectively using language skills to negotiate and agree content of mandates. 

    UNIT STANDARD ASSESSOR CRITERIA 
    N/A 

    REREGISTRATION HISTORY 
    As per the SAQA Board decision/s at that time, this unit standard was Reregistered in 2012; 2015. 

    UNIT STANDARD NOTES 
    Supplementary information:

    Legal:
  • Stock Exchanges Control Act
  • Financial Market Control Act
  • Government Notices 1583 and 1584 of 2001 published in terms thereof.

    Terminology:

    Terminology relating to the Financial Markets can be found in "Who owns Whom's Dictionary of Stock Market Terms". ISBN 1-919850-04-X
  • SLA - Service Level Agreements
  • FSB - Financial Services Board 

  • 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. African Bank Ltd 
    2. The Facilitation Workshop 
    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.