Create a client risk assessment

Completing a risk assessment for every client allows you to identify and manage exposure to money laundering risk.

If you're a Money Laundering Reporting Officer (MLRO), you can approve or reject the risk assessment yourself. 
If you're not an MLRO, you can submit the risk assessment for approval or rejection by the designated MLRO. 

1. On the menu bar, select Clients.
2. Select the client or prospect you want to complete a risk assessment for, then select the AML tab.
3. In the Risk assessment panel select Create risk assessment. 
4. Complete the sections, providing answers that are relevant to your client. A risk level is automatically assigned for each section. 

Automatic risk scoring is a feature of the default template provided by IRIS. If you're using a custom template, the risk level is not shown.

6. At each stage, select Save & continue. (You can select Save & exit at any stage and come back to it later.)
7. When you've completed all questions, view the Overall Risk Level. 
8. If you're a Money Laundering Reporting Officer (MLRO), under Approval, select Approve or Reject. If you're not an MLRO, select Submit for MLRO review.
9. Select Complete to finish. 

You can now create a risk profile, start a KYC assessment, or run an electronic ID check.