The important thing to remember when gathering evidence is that the more evidence the better - that is, the more evidence you gather to demonstrate your skills, the more confident an assessor can be that you have learned the skills not just at one point in time, but are continuing to apply and develop those skills (as opposed to just learning for the test!). Furthermore, one piece of evidence that you collect will not usualy demonstrate all the required criteria for a unit of competency, whereas multiple overlapping pieces of evidence will usually do the trick!
From the Wiki University
What evidence can you provide to prove your understanding of each of the following citeria?
Collate financial documents required to assess client’s borrowing needs
|
|
Identify the financial documents required by the credit provider to progress the loan application progress Completed |
Evidence:
|
Review documents to ensure compliance with organisational guidelines and procedures, and legislative and regulatory requirements Completed |
Evidence:
|
Engage in further consultation with the client as required Completed |
Evidence:
|
Analyse financial documents and assess risks of the borrowing needs
|
|
Analyse credit information to establish that sufficient evidence of accurate information has been provided Completed |
Evidence:
|
Identify and evaluate possible risks to determine overall level of risk associated with application Completed |
Evidence:
|
Identify issues that may require further consideration or consultation with other financial services professionals Completed |
Evidence:
|
Document risk assessment in accordance with organisational procedures Completed |
Evidence:
|
Evaluate borrowing request based on assessed information in accordance with organisational risk management policy Completed |
Evidence:
|
Determine credit terms and limits within organisational credit policy guidelines and advise customers of credit decisions Completed |
Evidence:
|
Complete credit account administration according to organisational credit policy and timelines, and legislative requirements Completed |
Evidence:
|