Reference no: EM13720384

(1) Demonstrate understanding of all learning outcomes

(2) Successfully complete and submit all tasks as requested

Part -1:

1. Select a financial services sector that you may be interested in working in one day.

2. Identify a business operating within that sector in your local area.

3. Contact the business to arrange a time to conduct an interview with an employee (this can be done via the telephone or in person). It is anticipated that the interview will run for approximately 30 minutes.

Part -2:

1. Write a report of approximately 800 words based on your interview and research of your chosen sector.

a. Describe the sector you are researching.

b. Outline the key roles found in this sector.

c. Provide a brief overview of the business in which the person you interviewed works.

d. Describe the key responsibilities of one of these roles in the sector based on your interview.

e. Outline the relevant legislation, regulations and codes of practice affecting employees in this sector.

f. Specify key work practices undertaken in this sector and how they relate to the relevant legislation, regulations and codes of practice.

g. Identify relevant codes of practice used within your chosen sector that are used to guide an ethical approach to workplace practice and
decisions within your interviewee's business.

h. Include a bibliography citing any internet and other reference material used.

Part -3:

1. Form groups of three to four people.

2. Select and review three relevant reports from the index of statistics from the Reserve Bank of Australia's website.

3. Identify who the relevant client/customer will be for the purpose of your report

To complete your professional development plan you may need to consult with an industry professional and/or undertake other research. Make sure you address the following criteria when compiling your plan.

Part -4:

1. Identify the industry sector or organisation you wish to work in.

2. Identify what professional development needs and goals are required for this sector/organisation with a brief explanation of what each one is about.

3. Provide a self-analysis of your own skills and knowledge gaps

4. Devise a realistic professional development schedule for the next two years for yourself.

5. Provide a short explanation as to why you have prioritised and chosen each of the professional development activities above.

6. Outline what prior competencies/authorisations/licensing requirements are needed by participants undertaking each of the professional development activities you have selected in your two year plan.

7. Include a bibliography citing all references and information sources used.