6 Amendment Review and Recommendation

This topic provides systematic insructions about the Review and Recommendation stage in the Group Concentration Limit Amendment Process.

In this stage, the user can review the liability modifications made in the Amendment Enrichment stage and propose the liability amount, funded sell down, and unfunded sell down.

Note:

In this chapter, only the steps to review and recommend are provided. For more field level explanation, refer the Initiation chapter.
  1. From Home screen, click Tasks. Under Tasks, click Free Tasks.
    The Free Tasks screen is displayed.

    Figure 6-1 Free Tasks


    Description of Figure 6-1 follows
    Description of "Figure 6-1 Free Tasks"

  2. Acquire & edit the required Review and Recommendation task. The Review and Recommendation - Summary page is displayed.

    Figure 6-2 Customer Summary

    Review Summary details such as Customer Summary and Facility Summary
  3. View the Customer Summary and click Next.
    The Liability Details page is displayed.

    Figure 6-3 Liability


    Description of Figure 6-3 follows
    Description of "Figure 6-3 Liability"

  4. To review and recommend a liability, click the Hamburger icon in the corresponding record and select Edit.
    The Liability Details window is displayed.

    Figure 6-4 Liability Details

    Liability Details such as Currency and Amount
    For more information on fields, referto the field description table below.

    Table 6-1 Liability Details

    Fields Description
    Sanctioned Amount Specify the sanctioned amount.
    Headroom Limit Displays the headroom limit.
    Outstanding Amount Specify the outstanding amount.
    Liability Expiry Date Specify the expiry date.
    Branch Specify the branch code.
    Save Click Save. The Liability Details page is updated with the modified details.

    Note:

    For more information of fields, refer Field Configuration Parameters

In the Proposed and Approved section:

  1. Search and select the Proposed Liability Currency and propose the following in selected currency:
    • Proposed Liability Amount
    • Proposed Funded Sell Down
    • Proposed Unfunded Sell Down
  2. Propose an expiry date for the liability by clicking the calendar icon and selecting the Proposed Expiry Date.
  3. Click Audit.
    The Audit screen displays.

    Figure 6-5 Audit


    Description of Figure 6-5 follows
    Description of "Figure 6-5 Audit"

  4. Click Save.
  5. Click Next. The Comments page is displayed.

    Figure 6-6 Comments

    Overall Comments of Review
  6. Type the necessary comments in the text box and click Post. Comments are added below the text box.
  7. Click Submit. The Policy Exception window is displayed.

    Figure 6-7 Business


    Description of Figure 6-7 follows
    Description of "Figure 6-7 Business"

    By default, policy exceptions are displayed for both the party and child parties. To view the policy exceptions for particular party / child party, select the required party / child party from the drop down list at top left corner.

  8. Click the Checklist data segment.
  9. Select the required Outcome. The options available are Proceed and Send Back.
    If the Outcome is selected as ‘Proceed’, the Amendment application is moved to the Approval stage.

    If the Outcome is selected as ‘Send Back’, the Amendment application is moved back to the Enrichment stage. The user who enriched the Group Concentration Limit Amendment application must modify the necessary detail and re-submit the application to Review and Recommendation stage.