Module 3:
Application Reqs and Process
Whether you're a broker looking to expand your expertise or a finance professional aiming to understand this dynamic sector, our detailed course materials break down everything you need to know getting started with trade finance in Australia.
What You'll Learn:
- Master the use of privacy consent forms, adhering to the Privacy Act 1988 and Australian Privacy Principles, while effectively managing client data through robust record-keeping and advanced technologies.
- Understand the AML/CTF Act and the purpose, scope, and components of Know Your Customer (KYC) processes, including verification methods and privacy considerations, to ensure compliance and mitigate risks.
- Learn techniques to identify fraud in client data, protect sensitive information, and recognise signs of financial abuse, ensuring ethical and secure lending practices.
- Develop the ability to identify key rejection criteria for credit scores and borrower profiles, streamlining loan assessments and improving decision-making.
- Utilise credit reports, company structures, and sanity checks on directors to perform comprehensive due diligence, ensuring accurate assessments of borrowers’ financial and ethical standings.
- Integrate modern tools, such as CRM systems and secure file-sharing platforms, to enhance efficiency, ensure compliance, and proactively address risks in lending processes.
Whether you're handling your first trade finance deal or looking to refine your existing knowledge, our materials offer both foundational concepts and advanced insights into this specialised lending area.
Perfect for:
- Commercial finance brokers
- Lending professionals
- Property development consultants
- Finance industry professionals looking to specialise in trade finance
