5.2 Risk Evaluation

This topic provides systematic instructions about the procedure to add risk evaluation details for the collateral.

Click Next in the Risk Evaluation - Summary screen, the Risk Evaluation data segment is displayed.

Figure 5-3 Risk Evaluation - Risk Evaluation

Description of "Figure 5-3 Risk Evaluation - Risk Evaluation"

1. Click the action icon in the required collateral record and select Edit.
   The Risk Evaluation - Configure - Collateral Type screen is displayed based on the selected collateral.

   Figure 5-4 Risk Evaluation - Configure - Vehicle

   
   

   
   Description of "Figure 5-4 Risk Evaluation - Configure - Vehicle"

   
   

   For information on the Vehicle, Covenants, and Documents menus, refer the Enrichment chapter.

2. Click Next and navigate to Risk Evaluation menu.

   Figure 5-5 Risk Evaluation - Configure - Risk Evaluation

   
   

   
   Description of "Figure 5-5 Risk Evaluation - Configure - Risk Evaluation"

   
   
3. Click + the add icon in the Risk Evaluation - Configure - Risk Evaluation screen.
   The Risk Evaluation Details window is displayed.

   Figure 5-6 Risk Evaluation Details

   
   

   
   Description of "Figure 5-6 Risk Evaluation Details"

   
   
4. Specify all the details in the Risk Evaluation Details window.
   For more information on fields, refer to the field description table below.

   Table 5-1 Risk Evaluation Details - Field Description

   Field	Description
   Risk Type	Select the Risk Type from the drop down list. The options available include but are not limited to: Currency Risk Natural Hazardous Risk Liquidity Risk Operational Risk Geo Political Risk Issue Credit Risk
   Severity	Specify the Severity of risk.
   Comments	Capture the Risk Evaluator Comments.
   Approver Comments	Capture the Risk Approver Comments.

5. Click Add.
   The risk evaluation details are added and displayed as shown below.

   Figure 5-7 Risk Evaluation - Configure - Risk Evaluation Added

   
   

   
   Description of "Figure 5-7 Risk Evaluation - Configure - Risk Evaluation Added"

   
   

   You can Edit, View, or Delete the added risk evaluation details by clicking the action icon in the corresponding record and selecting the required option.

6. Capture Remarks for the risk evaluation.
7. Provide a Final Recommendation for the collateral and click Next.
   The Risk Evaluation - Configure - Questionnaire Evaluation screen is displayed.

   Figure 5-8 Risk Evaluation - Configure - Questionnaire Evaluation

   
   

   
   Description of "Figure 5-8 Risk Evaluation - Configure - Questionnaire Evaluation"

   
   

   Note:

   In the above screen, the questionnaire linked to the Risk Evaluation stage in Business Process configuration are displayed. You can manage the questionnaire process linkage in Maintenance module.

   For information on questionnaire based evaluation, refer Legal Opinion section.

8. After performing all the evaluation, click Submit.