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Intellitrain | AAMC Training | Omega

Asset and Equipment Finance
Professional Education Program

Welcome to our updated Professional Education Program.

A number of Special Resolutions (link) were adopted at the CAFBA AGM held in October 2011 in relation to membership qualifications. These included requirements to undertake Continuing Professional Development (CPD), effective 1 July 2012, and to also complete Certificate IV in Financial Services (Finance/Mortgage Broking) effective 1 July 2014.

Through our new partnerships with registered training organisations AAMC Training Group and Intellitrain, CAFBA offers a range of training options to assist members with meeting our own requirements and those under the NCCP Act.

These additional training options are available alongside our existing partnership with Omega, who will continue to provide the industry-accepted CTF/AML Act course. All three training providers are well known and highly regarded in the finance industry.

In addition, from time to time AELA announces training sessions relevant to our sector of the industry, and members are advised of these as they arise.

Members are encouraged to review all the information provided by Intellitrain and AAMC Training. Courses can be undertaken either online or in a class situation to accommodate all member training needs. We recommend you take the time to read the information pages and discuss your specific training needs with AAMC Training and Intellitrain. Their representatives are well versed in CPD requirements and can assist to ensure you meet your training obligations within the specified timeframe.

Both companies will provide a 10% cost rebate to CAFBA for every course undertaken, which will in turn be utilized to provide additional training sessions with financiers.

Separate from CAFBA's own requirements, members who have been nominated as the responsible manager under an Australian Credit Licence must be aware of their obligation to successfully complete the Certificate IV in Financial Services. Dates by which this must be completed will vary as determined by your licence. In addition, each responsible manager must undertake Continuing Professional Development (CPD) of at least 20 hours in each calendar year.

The course offered by our training partners will assist members to obtain the correct qualification and CPD points required. Their representatives are ready now to discuss your requirements.