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: 

Enhance work practices within a treasury by the application of market knowledge in a banking environment 
SAQA US ID UNIT STANDARD TITLE
117821  Enhance work practices within a treasury by the application of market knowledge in a banking environment 
ORIGINATOR
SGB Banking and Micro Finance 
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  15 
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 replaces: 
US ID Unit Standard Title Pre-2009 NQF Level NQF Level Credits Replacement Status
7362  Enhance work practices within a treasury by the application of market knowledge in a banking environment  Level 5  Level TBA: Pre-2009 was L5  20   

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 in a treasury.

Learners are able to:
  • Gather 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
  • Integrate market and client knowledge in order to recommend financial solutions. 

  • LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
    It is assumed that learners are competent in:
  • Communication at NQF Level 4
  • Computer Literacy at NQF Level 3 

  • UNIT STANDARD RANGE 
  • Benchmark sources include competitors, colleagues, other clients, periodicals, information providing systems and private networks.
  • Appropriate markets include money, capital, derivative, foreign exchange and commodities
  • Role-players within the markets include banks, customers, South African Reserve Bank, brokers and regulatory bodies. 

  • Specific Outcomes and Assessment Criteria: 

    SPECIFIC OUTCOME 1 
    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 
    Client business requirements are identified in order to initiate a deal as per business guidelines. 

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

    ASSESSMENT CRITERION 3 
    Historical and risk analyses of the client are conducted and evaluated as per business specified procedure. 

    ASSESSMENT CRITERION 4 
    Current benchmark information is gathered from sources in order to provide solutions as per business guidelines. 

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

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    Appropriate markets are explained as per the appropriate legislation or regulations. 

    ASSESSMENT CRITERION 2 
    The functions of role-players within various markets are explained with examples. 

    ASSESSMENT CRITERION 3 
    The inter-relationship between various markets are understood and explained with examples. 

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

    ASSESSMENT CRITERIA
     

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

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

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


    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 
    N/A 

    UNIT STANDARD DEVELOPMENTAL OUTCOME 
    N/A 

    UNIT STANDARD LINKAGES 
    N/A 


    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 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 
    This unit standard replaces unit standard 7362, "Enhance work practices within a treasury by the application of market knowledge in a banking environment", Level 5, 20 credits.

    Legal:
  • Code of Banking Practice
  • Financial Services Advisory Act

    Terminology:

    The following terms may be encountered when attempting this Unit Standard:
  • ATM - At The Money
  • Bear Jobbing Spot Against Forward Transaction
  • Broker Long Spot next
  • Bull Margin Spot next
  • Call Mine Spread
  • Close Out Open Position Straddle
  • Cross Rate OTM - Out The Money Strangle
  • Dealer Overnight Swap
  • Discount Par Time Value
  • Exercise Pip, or Point Tome next
  • Firm Premium Turn
  • Forward Put Value date
  • Forward Forward Rate of Exchange Vega
  • Gamma Short Weak
  • Intrinsic Value Spot Yours
  • ITM - In The Money Spot Against Forward Position 

  • QUALIFICATIONS UTILISING THIS UNIT STANDARD: 
      ID QUALIFICATION TITLE PRE-2009 NQF LEVEL NQF LEVEL STATUS END DATE PRIMARY OR DELEGATED QA FUNCTIONARY
    Core  50481   National Certificate: Financial Markets and Instruments  Level 6  Level TBA: Pre-2009 was L6  Reregistered  2023-06-30  BANKSETA 


    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. Absa Learning & Development 
    2. Azania Currency and Equity Markets 
    3. Bidvest Bank 
    4. Chartall Business College 
    5. DC Dali Debt Counsellors 
    6. Duke 
    7. Felix Risk Training Consultants 
    8. Full Value Financial Services (Pty) Ltd 
    9. Injabulo Home Grown Learning and Development Solutions 
    10. Lotus Academy Pty Ltd 
    11. Maharishi Invincibility Institute NPC 
    12. Octopus Training Solutions 
    13. The Academy of Financial Markets 
    14. The Facilitation Workshop 
    15. The Institute of Literacy Advancement 
    16. UCS Education and Training Services (Pty) Ltd 
    17. Welltec Academy (Pty) LTD 



    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.