1.6 Recommendations

In the Recommendation stage, the approver needs to review the progress done so far and provide recommendations for each of the data segments with a decision as approve or reject.

The approver also has an option to validate of the captured details are as per Bank’s policy or not and if there are any steps required to mitigate the risk.

Note:

The fields, which are marked with an asterisk, are mandatory.

1. Click Acquire and Edit in the Free Tasks screen for the application for which Recommendation stage has to be acted upon.
   The Small and Medium Enterprise - Recommendation screen displays.

   Figure 1-35 SME – Recommendation

   
   

   
   Description of "Figure 1-35 SME – Recommendation"

   
   
2. Right-click on the icon in tree view and select view option or click on the Party Id hyperlink in List or table view to view details captured for the Small and Medium Enterprise
3. Click Next.
   The Recommendation – Recommendation Comments
   

   
   Description of the illustration recommendation_comments.png

   
   
4. Click and expand Review Summary to view comments from Reviewer in Review Stage.
5. Click and expand Recommendation Decision section.
   The Recommendation Decision screen displays.

   Figure 1-36 Recommendation Decision

   
   

   
   Description of "Figure 1-36 Recommendation Decision"

   
   
6. Select Recommendation decision in Decision field.
7. Specify the Comments for Recommendation decision.
8. Click Action to Input Recommendation details for each of the Party Information Data Segment.

   Figure 1-37 Onboarding Approval

9. On the Onboarding Approval screen, specify the details. For more information on fields, refer to the field description table.

   Table 1-23 Onboarding Approval – Field Description

   Field	Description
   Party Detail	Displays the specific section for which the approval needs to be provided.
   As per Bank Policies	Select if the customer details of those sections are as per bank policy. Note: By default, it is selected as false.
   Details of Dimensions as per bank policy	If the customer data is not as per bank policy, enter the details of dimensions.
   Mitigate	Specify the mitigate comments.
   Recommendation	Select if the customer detail is recommended. Note: By default, it is selected as false.
   Decision	Select Approve or Reject from the drop-down field.

10. Click Next.
    The Recommendation - Comments screen displays.
11. Specify the overall comments for the Recommendations stage and perform the following actions:

    Table 1-24 Actions - Description

    Action	Description
    Post	Click Post. The comments are posted below the text box.
    Submit	Click Submit. The Checklist window is displayed.
    Outcome	On the Checklist window, select the Outcome as Proceed and click Submit. The task is moved to the Approval stage.