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SOUTH AFRICAN QUALIFICATIONS AUTHORITY 
REGISTERED UNIT STANDARD THAT HAS PASSED THE END DATE: 

Conduct an analysis of a personal banking customer's financial position 
SAQA US ID UNIT STANDARD TITLE
114759  Conduct an analysis of a personal banking customer's financial position 
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 4  NQF Level 04  8 
REGISTRATION STATUS REGISTRATION START DATE REGISTRATION END DATE SAQA DECISION NUMBER
Passed the End Date -
Status was "Reregistered" 		 2018-07-01  2023-06-30  SAQA 06120/18 
LAST DATE FOR ENROLMENT LAST DATE FOR ACHIEVEMENT
2026-06-30   2029-06-30  

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
7234  Conduct an analysis of a personal banking customer's financial position  Level 4  NQF Level 04  12   

PURPOSE OF THE UNIT STANDARD 
This Unit Standard is intended for persons who sell products for which credit decisions need to be made.

Persons credited with this Unit Standard will be able to:
  • analyse a customer's financial history and balance sheet
  • establish the creditworthiness of the customer
  • create an overall financial profile for the customer
  • submit a motivation for credit approval 
    		•

    LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
    N/A 

    UNIT STANDARD RANGE 
  • Customer's income includes salary, allowances, benefits, rental, dividends, investments, other income (specified).
  • Ownership of assets is proven by salary slip, auditor's certificate, other income, dividend certificates, bank statements, audited balance sheets, management accounts
  • Relevant documentation relating to cash, assurance policies, household goods, residential properties, vehicles, stocks and shares, items of intrinsic value, agricultural property, commercial property, loan accounts, debtors, intangibles. 
    		•

    Specific Outcomes and Assessment Criteria: 

    SPECIFIC OUTCOME 1 
    Analyse the customer's financial history. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    The source(s), amount, regularity and stability of the customer's income is determined according to the bank's guidelines. 

    ASSESSMENT CRITERION 2 
    The full range of the customer's income is verified in line with banking requirements. 

    ASSESSMENT CRITERION 3 
    The customer's fixed and variable expenditures are listed, specifying the types, and amounts of expenditure. 

    ASSESSMENT CRITERION 4 
    The income and expenditure are compared in order to establish the customer's ability to repay. 

    ASSESSMENT CRITERION 5 
    The income and expenditure are verified against liabilities listed on the balance sheet. 

    SPECIFIC OUTCOME 2 
    Analyse the balance sheet. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    All the assets owned by the customer are listed as required by the bank's policy. 

    ASSESSMENT CRITERION 2 
    The ownership of the assets is verified by completing standard checks as per the bank's policy. 

    ASSESSMENT CRITERION 3 
    The assets are assessed and value attributed as stipulated by the bank's procedures. 

    ASSESSMENT CRITERION 4 
    The customer's liabilities are determined by means of a credit check and a comparison to the expenditure statement. 

    ASSESSMENT CRITERION 5 
    Assets and liabilities are compared to calculate current solvency in line with the bank's policy. 

    SPECIFIC OUTCOME 3 
    Establish the creditworthiness of the customer. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    The contractual capacity of the customer is determined in line with the bank's policy. 

    ASSESSMENT CRITERION 2 
    The banking history of the customer is determined according to the bank's procedures. 

    ASSESSMENT CRITERION 3 
    The customer's credit standing is established by ensuring that the required credit checks are available. 

    ASSESSMENT CRITERION 4 
    The customer's ability to repay is assessed using the information collected according to the bank's procedures. 

    SPECIFIC OUTCOME 4 
    Create an overall financial profile for the customer. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    Relevant documentation is obtained from the customer according to the bank's requirements. 

    ASSESSMENT CRITERION 2 
    The available financial information is summarised in the format required by the bank. 

    ASSESSMENT CRITERION 3 
    The information is reviewed and verified for accuracy in discussion with the customer. 

    SPECIFIC OUTCOME 5 
    Submit the motivation for credit approval. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    A report is completed motivating the approval/ decline of the required credit as per the bank's requirements. 

    ASSESSMENT CRITERION 2 
    The report is submitted to the relevant credit authority. 


    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, or with an ETQA that has a Memorandum of Understanding with the relevant ETQA
    2. 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.
    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. or by an ETQA that has a Memorandum of Understanding with the relevant ETQA. 

    UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE 
  • All relevant banking policies and procedures
  • Basic elements of credit risk and basic principles of sound lending
  • Relevant banking products
  • Analysis of financial statements
  • Application of financial analysis skills to evaluate an individual's financial standing
  • Report writing
  • Operation of computer systems to obtain the necessary information and complete the task 
    		•

    UNIT STANDARD DEVELOPMENTAL OUTCOME 
    N/A 

    UNIT STANDARD LINKAGES 
    N/A 


    Critical Cross-field Outcomes (CCFO): 

    UNIT STANDARD CCFO WORKING 
    Work effectively with others as a member of a team, group, organisation and community when the report is submitted to the relevant credit authority. 

    UNIT STANDARD CCFO ORGANISING 
    Organise and manage oneself and one's activities responsibly and effectively when A report is completed motivating the approval/ decline of the required credit as per the bank's requirements. 

    UNIT STANDARD CCFO COLLECTING 
    Collect, organise and critically evaluate information when the available financial information is summarised in the format required by the bank. 

    UNIT STANDARD CCFO COMMUNICATING 
    Communicate effectively using visual, mathematical and language skills in the modes of oral and written presentations when in discussion with the customer, the information is reviewed and verified for accuracy. 

    UNIT STANDARD CCFO SCIENCE 
    Use science and technology effectively and critically (showing responsibility towards the environment and health of others)when the customers liabilities are determined by means of a credit check and a comparison to the expenditure statement. 

    UNIT STANDARD CCFO DEMONSTRATING 
    Demonstrate an understanding of the world as a set of related systems when using the information collected, the customer's ability to repay is assessed according to the bank's procedures. 

    UNIT STANDARD ASSESSOR CRITERIA 
    It is assumed that learners accessing this Unit Standard are competent in:
  • Communications at NQF Level 3
  • Mathematical Literacy at Nqf Level 3
  • The Unit Standard entitled, "Establish the financial situation of the customer" 
    		•

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

    UNIT STANDARD NOTES 
    As from the date of registration of this unit standard, it replaces unit standard ID: 7234, which was Title: "Conduct an analysis of a personal banking customer's financial position", Credits: 8, NQF Level: 4.

    Legal Requirements:

    All procedures must meet recognised codes of practice as well as obligations required under current legislation within South Africa and within the normal parameters of the defined job/task. 

    QUALIFICATIONS UTILISING THIS UNIT STANDARD: 
      ID QUALIFICATION TITLE PRE-2009 NQF LEVEL NQF LEVEL STATUS END DATE PRIMARY OR DELEGATED QA FUNCTIONARY
    Elective  20185   Further Education and Training Certificate: Banking  Level 4  NQF Level 04  Passed the End Date -
    Status was "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. AAR Trading and Projects (Pty) Ltd 
    2. Advanced Assessments and Training (Pty) Ltd 
    3. Africa Glory Empowerment Services 
    4. Assured Vocational Skills Institute (Pty) Ltd 
    5. Brainwave Project 707 Pty Ltd 
    6. Brainwave Projects 707 
    7. DC Academy 
    8. Delmas Development Centre 
    9. Fachs Business Consulting and Training 
    10. Gigimo Tourism Academy 
    11. MAT 007 (PTY) LTD 
    12. Matibidi Raphela Investments (Pty) LTD 
    13. Octomate Education Pty Ltd 
    14. Octopus Training Solutions 
    15. Production Management Institute of Southern Africa (Pty) Ltd 
    16. RIAPHATHUTSHEDZA 
    17. SIGNA ACADEMY (PTY) LTD 
    18. Sinovuyolethu Trading (Pty) Ltd 
    19. THE SHERQ CENTRE OF EXCELLENCE 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.