Field Business
Revision and rollover of Credit Administration and Credit Management unit standards
|
Subfield |
Domain |
ID |
|
Financial Management |
Credit Administration |
16757, 16758, 16759, 21415, 21416 |
|
Credit Management |
16760, 16761, 16958, 16959, 16960 , 17701, 17703, 17704 |
The Skills Organisation has completed the revision of the unit standards listed above.
Date new versions published May 2014
Planned review date December 2015
Summary
Standard Setting Body responsibilities for Credit Management and Credit Administration have been transitioned from Competenz to The Skills Organisation. These changes are supported by the sector, Competenz, TEC and NZQA. The unit standards were revised to update the Standard Setting Body details, including changing the CMR reference. At the same time, review dates were made consistent and legislation checked for currency.
Main changes
· Standard Setting Body details were updated.
· Standards CMR reference was changed from CMR 0172 to CMR 0121
· Legislation was updated.
· Review date was changed to December 2015.
Detailed list of unit standards – classification, title, level, and credits
Business > Financial Management > Credit Administration
|
ID |
Title |
Level |
Credit |
|
16757 |
Determine applicant's suitability for credit |
3 |
10 |
|
16758 |
Administer financial collection processes |
3 |
10 |
|
16759 |
Demonstrate telephone techniques for debt collection |
3 |
5 |
|
21415 |
Demonstrate knowledge of legislation applicable to credit control |
3 |
5 |
|
21416 |
Administer credit control |
3 |
10 |
Business > Financial Management > Credit Management
|
ID |
Title |
Level |
Credit |
|
16760 |
Demonstrate knowledge of credit dispute resolution processes |
4 |
5 |
|
16761 |
Demonstrate knowledge of the repossession of goods in accordance with the Credit (Repossession) Act |
4 |
10 |
|
16958 |
Evaluate credit worthiness |
4 |
10 |
|
16959 |
Manage credit facilities |
4 |
10 |
|
16960 |
Manage credit policies and procedures |
5 |
10 |
|
17701 |
Produce and distribute management reports to manage credit risk |
4 |
10 |
|
17703 |
Apply legal requirements to credit contract |
4 |
10 |
|
17704 |
Recover debt using legal proceedings |
4 |
10 |