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 hedge financial transaction
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Assess risk tolerance and appetite, and review current financial position to determine if hedging is required using an additional financial product Completed |
Evidence:
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Analyse hedging instrument options based on limits, organisational product approvals and current exposure assessment Completed |
Evidence:
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Complete hedge transaction
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Undertake hedge transaction with counterparties in accordance with organisational guidelines, credit and other desk limits Completed |
Evidence:
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Collect hedge transactional details, complete relevant documentation and enter hedge transaction into the organisation’s dealing system Completed |
Evidence:
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Report details of transaction to authorised trade repository where required by regulation Completed |
Evidence:
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Assess adjusted financial position
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Assess new post-transaction position in line with profit and loss and risk reports, and new market data available Completed |
Evidence:
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Adjust hedge position, based on analysis of new data, if risk remains outside scope of organisational tolerance or market moves Completed |
Evidence:
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Collect additional transactional details, complete relevant documentation and enter new transaction into organisation’s dealing systems Completed |
Evidence:
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