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SOUTH AFRICAN QUALIFICATIONS AUTHORITY 
REGISTERED UNIT STANDARD: 

Manage Business Continuity Risks in a banking environment 
SAQA US ID UNIT STANDARD TITLE
7340  Manage Business Continuity Risks 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  30 
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 people who will be responsible to ensure that business continues in their respective business unit/division/branch in the event of any emergency, unexpected or extensive circumstances.

Persons credited with this unit standard will be able to identify and action plan potential risks and impacts, action and implement the recovery process. 

LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
Persons attempting this unit standard must be able to think logically, take account of detail and have situational leadership and communications skills. 

UNIT STANDARD OUTCOME HEADER 
Demonstrate an understanding of business processes 

Specific Outcomes and Assessment Criteria: 

SPECIFIC OUTCOME 1 
Demonstrate an understanding of business processes, the environment and potential risk. 

ASSESSMENT CRITERIA
 

ASSESSMENT CRITERION 1 
1. The basics around the theory of risk are known and understood as per company specific guidelines. 

ASSESSMENT CRITERION 2 
2. The basics around environmental risk factors are known and understood as per Business Unit specific requirements. 
ASSESSMENT CRITERION RANGE 
Environmental risk factors include but are not limited to systems, location, and changes in the environment.
 

ASSESSMENT CRITERION 3 
3. The Business unit's critical processes and interdependencies to other business units are known and understood. 

ASSESSMENT CRITERION 4 
4. The basics around technology and its application within the business unit is known and understood. 

ASSESSMENT CRITERION 5 
5. The basics around company policies and procedures and the implementation thereof in the business unit are known and understood. 
ASSESSMENT CRITERION RANGE 
Company policies include but are not limited to security, Health and Safety Act.
 

SPECIFIC OUTCOME 2 
Identify potential risks and the impact thereof on the business unit. 

ASSESSMENT CRITERIA
 

ASSESSMENT CRITERION 1 
3. Each scenario is allocated a likelihood occurrence over a ten year span. 
ASSESSMENT CRITERION RANGE 
1 High, 2 Medium, and 3 Low.
 

ASSESSMENT CRITERION 2 
1. All potential risk factors are identified and documented for each critical process within the business unit. 

ASSESSMENT CRITERION 3 
2. All possible scenarios are identified and documented to establish the risks to the business unit. 

ASSESSMENT CRITERION 4 
4. A business impact analysis is performed and documented to rate the impact of each scenario on the business. 

ASSESSMENT CRITERION 5 
5. Priorities in terms of the business impact analysis are determined and documented to determine which functions need to be resumed first in the event of a disaster. 

ASSESSMENT CRITERION 6 
6. The order of resuming business processes should be identified and documented, whilst taking into account internal and external dependencies between processes. 

SPECIFIC OUTCOME 3 
Develop and implement business continuity strategies. 
OUTCOME NOTES 

ASSESSMENT CRITERIA
 

ASSESSMENT CRITERION 1 
1. Strategies are formulated to address identified risks as per company specific requirements. 
ASSESSMENT CRITERION RANGE 
Strategies include but are not limited to, mitigation, avoidance, elimination, and acceptance.
 

ASSESSMENT CRITERION 2 
2. Strategies are explained, documented and agreed with senior line management as per company specific requirements. 

ASSESSMENT CRITERION 3 
3. Business continuity plans are developed and documented for the agreed upon strategies as per company specific requirements. 

ASSESSMENT CRITERION 4 
4. Business continuity plans are implemented within the specified business areas as per company specific requirements. 
ASSESSMENT CRITERION RANGE 
Implementation includes but is not limited to preparation, procurement, component testing.
 

ASSESSMENT CRITERION 5 
5. Business continuity plans are communicated to all relevant stakeholders as per company specific requirements. 

ASSESSMENT CRITERION 6 
6. Plans are distributed and stored as per company specific requirements. 

SPECIFIC OUTCOME 4 
Test and monitor business continuity plans. 

ASSESSMENT CRITERIA
 

ASSESSMENT CRITERION 1 
1. Business continuity plans are regularly reviewed and tested against predefined test criteria as per company specific requirements. 

ASSESSMENT CRITERION 2 
2. Business continuity plans are regularly updated to reflect changes in the business processes or environment as per company specific requirements. 

ASSESSMENT CRITERION 3 
3. Post event analysis is performed after every incident that caused the activation of the business continuity plan as per company specific requirements. 
ASSESSMENT CRITERION RANGE 
Post event analysis includes but is not limited to root cause analysis, how to prevent a similar occurrence.
 

ASSESSMENT CRITERION 4 
4. Reports are submitted on a regular basis as per company specific requirements. 
ASSESSMENT CRITERION RANGE 
Reports include but are not limited to status, incident, and management reports.
 


UNIT STANDARD ACCREDITATION AND MODERATION OPTIONS 
1. Anyone assessing a learner against this unit standard must be registered as an assessor with the relevant ETQA.

2. Any institution offering learning that will enable achievement of this unit standard or assessing this unit standard must be accredit4d as a provider with the relevant ETQA.

3. 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. 

UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE 
  • Have knowledge and understanding of the Health and Safety Act
    - Have knowledge of the company's business continuity strategies
    - Have knowledge of the environmental policy 


  • Critical Cross-field Outcomes (CCFO): 

    UNIT STANDARD CCFO IDENTIFYING 
    The learner is able to identify and solve problems when determining potential business continuity risks, ensuring relevant and effective strategies and plans are developed and implemented. 

    UNIT STANDARD CCFO WORKING 
    The learner is able to work effectively with others when explaining new business continuit strategies to senior line management, ensuring all parties understand their own and other's responsibility in relation to the implementation of measures to ensure that business continues in the event of any emergency, unexpected or extensive circumstances. 

    UNIT STANDARD CCFO ORGANISING 
    The learner is able to organise and manage his/her own activities to allow sufficient time for post event analysis after every incident that caused the activation of the business continuity plan, so that future similar occurrences can be minimised. 

    UNIT STANDARD CCFO COLLECTING 
    The learner is able to collect, analyse, organise and critically evaluate information when conducting business impact analyses, ensuring all possible scenarios are identified and risk factors taken into account when developing business continuity strategies. 

    UNIT STANDARD CCFO COMMUNICATING 
    The learner is able to communicate effectively both verbally and in writing when documenting and explaining strategies, so that all relevant stakeholders fully understand their roles and duties in the event of a range of emergency situations. 

    UNIT STANDARD CCFO SCIENCE 
    The learner is able to use science and technology effectively when distributing and storing business continuity plans, ensuring complete and accurate information is reflected on computer systems. 

    UNIT STANDARD CCFO DEMONSTRATING 
    The learner is able to understand the relationships between environmental risk factors the business units critical processes and the interdependencies to other business units, ensuring that all possible factors are taken into account when testing and monitoring business continuity plans. 

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

    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. Compuscan Academy 
    3. Cornerstone Performance Solutions (Pty) Ltd 
    4. Nedbank Ltd 
    5. The Facilitation Workshop 
    6. 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.