Creating a client risk assessment template helps you bring consistency to how your firm identifies and records potential risks.
In Firmcheck, you can create and customise templates to suit your needs, whether that’s aligning with your supervisory body’s requirements or tailoring them to the specific risks your firm is more likely to face.
1️⃣: To get started, go to Firm Settings in the top right corner, then select Client Risk Assessments and click the purple Add Template button.
2️⃣: On the next page, confirm that you’re including all the key components needed to meet the rules set by your Professional Supervisory Body, the CCAB Guidance, and the Money Laundering Regulations.
3️⃣: 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
4️⃣: Once you've completed adding or editing your questions, click Save Template in the bottom right corner.
5️⃣: 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.
6️⃣: Next, select the Client Type to apply the template to.
7️⃣: Once you have selected the client type, just press the purple "Change" button and this will action the change for you.
