-
Completed and signed
membership application form forwarded to
FBAA together with certified copies of
the requested accompanying
documentation.
-
Evidence of a minimum
of 2 years proven experience in finance
industry. If less than two years with
the appropriate experience they must be
mentored by another member who has the
experience and time in the industry of
finance/mortgage broking. Mentoring to
continue until the completion of the two
year requirement and the Mentor is
satisfied that they have met the
requirements and experience necessary.
-
Evidence of
completion of Certificate 4 in Financial
Services (Finance/Mortgage Broking)
FNS40804 or the equivalent.
-
National Police
Check: Applicant must provide a
National Police Check with their
application. This document must be dated
no later than three months prior to this
application. In the instance where the
applicant is a company, partnership,
business or firm, all directors,
partners and principals directly engaged
in the business must provide this
document. This can be the original
document that can be returned to you on
request, or a Certified Copy. NB: On
legal advice original and copies of
police documents are not kept on file
and are destroyed after processing of
application.
-
Nomination of four
lenders to provide written or verbal
references. N.B. Referees are
contacted personally by FBAA staff to
confirm references.
-
Declaration of any
pending charges or convictions for fraud
or dishonesty.
-
Declaration of
current bankruptcy or Directorship of a
company under previous or current
External Administration, Receivership or
Involuntary Liquidation.
-
Certificate of
Incorporation where applicable.
-
ASIC Search – in the
instance where the Applicant is a
Company:
This search must be dated no later
than three months prior to this
application and must list all current
Directors and Shareholders.
-
Copy of Business Name
Registration where applicable.
-
Full Resume of
Individuals/Directors/Partners.
-
Photographic
identification of individuals for
membership or nominees of company
applicants
-
Evidence of any prior
learning or training:
N.B. FBAA members are required to
accrue 25 CPD points per annum as
evidence of continued learning.
-
Evidence of
Professional Indemnity Insurance by way
of a Certificate of Currency.
-
Evidence of
membership of an ASIC approved External
Dispute Resolution Scheme.
N.B. The FBAA’s preferred scheme is
Financial Ombudsman Service (FOS)
formally BFSO and can be found at
www.fos.org.au
-
Evidence of an
acceptable ‘individual’ AML/CTF
(Anti-Money Laundering and Counter
Terrorism Financing Act 2006) compliance
training.
