5.6.15 Using Onboarding Risk Score Tab

About Onboarding Risk Score Tab

This tab displays information on the events which were a reason for creating the case. It displays all events of this case along with the details of how the risk score was calculated, the relationships the customer holds with other parties (internal customers and non-customers). This is available only for KYC_OB Case type. This tab is specifically for KYC Onboarding Prospect cases.

The link of the questionnaire is displayed in the Risk Score section. After clicking this link, the questionnaire details display.

When you click on the Details button under the Applicants Involved section, the ID Verification status and Watch List details are displayed for related parties in a pop-up.

You can perform any action on closed case using the Take Action link. For more information, see Using TakeAction Window.

Managing Risk Assessment List

This section shows the list of the risk IDs associated with a customer by considering different attributes of the customer. The workflow of KYC enables Financial Institutions (FI) to perform Due Diligence, Enhanced Due Diligence, and continuous monitoring of customers. The attributes differ based on the customer type. For more information, see the KYC guides on OHC.

• Risk Assessment ID: It is the unique identification for the risk assessment.
• Applicant ID: Displays the Applicant ID of the risk assessment.
• Applicant Name: Displays the name of the Applicant on whom the risk assessment is performed.
• Risk Score: Displays the most recent risk score.

Managing Score and Applicant Details

• Applicant risk score. The risk score is the highest score of the Rule-based assessment details and Model-based/Algorithm-based assessment details.
• Applicant details. You can view basic information about the applicant such as the contact number, e-mail address, occupation and so on.
• Rule Based Assessment Details: Risk score assigned to each component of the Rule-based assessment such as occupation, citizenship source (primary or secondary) and so on.
• Model Based Assessment Details: Risk score assigned to each component of the Model-based/ Algorithm-based assessment such as watch list risk
• Watch List details. The watch-listed customers are displayed in this grid. It also displays the watch list details of every part of the application.
• User can dispose off the watchlist match records as "True Positive" or "False Positive" post proper due diligence. Also, the user can re-compute the KYC Risk Score if any of the match records are disposed of as "False Positive". If the KYC Risk Score changes post-match disposition, the same is updated in the Risk Assessment Details grid.