Creating a client risk assessment template can help you standardize how you evaluate and document potential risks associated with clients.
With Firmcheck, you can now create and edit your own client risk assessments.
To get started, go to Firm Settings in the top right corner, then select Client Risk Assessments and click the purple Add Template button.
The next page you will need to confirm you will need to confirm that you will include all the essential components to comply with the requirements of your Professional Supervisory Body, the CCAB Guidance and the Money Laundering Regulations.
You can now start building or editing your client risk assessment! On the left, you'll find "Recommended Content" and "Tips on Writing Your Questions," which provide further guidance.
To set up your assessment, you’ll need to add:
Template Name - add a name of your choice
Section Name - add section name & add multiple sections
Risk Category – choose from six available options
Question - add question, we do have tips for writing your questions on the left hand side
Once you've completed adding or editing your questions, click Save Template in the bottom right corner.
You’ll then return to the template library, where you can view the templates you’ve worked on as well as existing ones. To activate a template, select the three dots on the right side of the template and choose Activate.
Next, select the Client Type to apply the template to.
Once you have select the client type just press the purple "Change" button and this will action the change for you.
If you are unsure at any point or require further support you can always connect to us via the bottom left hand corner chat icon.
