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?
Assess requirement for security
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Undertake risk analysis of credit applications in accordance with organisational credit policy and guidelines to determine requirements for security Completed |
Evidence:
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Determine customers’ level of risk and identify security requirements Completed |
Evidence:
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Identify available security options and suitability of available securities
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Explain requirements for security to customers, considering any special needs of customers Completed |
Evidence:
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Identify range of securities available and determine which are appropriate to type of credit facility Completed |
Evidence:
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Negotiate with customers to determine security arrangements as required within organisational guidelines Completed |
Evidence:
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Apply appropriate security
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Analyse assets and conduct valuations to confirm value of security Completed |
Evidence:
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Register security interest in accordance with legislative requirements Completed |
Evidence:
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Monitor and review effectiveness of security arrangement
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4.1 Maintain knowledge of current conditions in market and keep updated on any changes in organisation's credit policy and guidelines Completed |
Evidence:
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Monitor customer accounts to confirm appropriateness of security arrangements Completed |
Evidence:
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Amend security arrangement documentation to reflect changes in customers’ relationships or circumstances where necessary Completed |
Evidence:
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