The Australian Industry and Skills Committee (AISC) called for nominations from suitably qualified and experiences individuals for the vacant organisational and individual industry expert positions on the Financial Services Industry Reference Committee (IRC) as listed in the table below. Nominations closed COB Tuesday 3 January 2017.
The draft structure for the Financial Services Sector IRC was published on this website on 4 July 2016, providing an opportunity for industry to comment on whether the structure would adequately represent the industry. The AISC welcomed the comments received from a range of stakeholders, and there was general agreement that the structure was fit for purpose and should proceed to a call for nominations.
The final structure for the nomination phase reduced the number of representatives to 14 to ensure targeted nominees. Membership of the IRC should provide the expertise and influence required to develop and maintain relevant components of the Financial Services Training Package; as well as provide advice on emerging trends and skills requirements now and into the future.
Further information about the role of IRCs and how they will operate can be found in the IRC Operating Framework.
For more information about the review process please see the IRC Review page.
| Representative type | Number of reps |
Representative description
(Specify where appropriate) |
Organisation | Comments / Rationale |
| Employers | 1 | A large bank | The major national banks to provide a single nomination. Membership to alternate between major banks after each term. | |
| 1 | Regional/remote representative | Representation could cover financial services industries across the sector’s revenue spectrum, with particular skills in delivering regional and remote services. | ||
| 5 | Large, medium or small businesses, companies and employers, or an individual with relevant industry knowledge. |
Representation could cover financial services industries across the sector’s revenue spectrum, from superannuation (largest contributor) to trustee services (smallest contributor).
This category should include at least one small business actively engaged in training and using the training package. A member in this category may also be involved in an enterprise registered training organisation and be able to provide insights and advice across both the employer and training provider perspectives. |
||
| Peak body | 5 |
Peak industry body
|
Peak industry bodies representing the financial services sector such as
|
|
| Union | 1 | An employee association that represents workers across the financial services sector. | The appropriate organisation to be advised by the Australian Council of Trade Unions. | |
| Government | 1 | A corporate or non-corporate Commonwealth entity, or a Commonwealth company. |
Provide national perspectives on the financial services industries.
This category could allow scope for financial sector regulator participation. |
|
| Total members | 14 | |||