Step Action Navigate to the Documents tab and upload the Risk Rating Results as a document (See previous step for Adding a Document) Select the Document Type value as Risk Rating Spreadsheet Click Save and Complete this will bring the user to the Legal Entity – Management screen. Navigate to the Products tab in the Legal Entity Management screen to assign the Risk Rating value at the Product Level, and then select Edit from the icon dropdown to the right of the product. In the Product Details screen, complete the following: Select the Risk Rating Click Save Click to navigate back to the Legal Entity Management screen. Back Navigate to the tab in the Legal Entity Management screen and select the Navigate icon to the right of the task to navigate to the Upload Risk Rating Result screen. The following lists the steps that AML KYC CoE (KYC Shared Services) needs to perform during Task 5 Upload Risk Rating Results. – Step Action In the Upload Risk Rating Result screen, perform the following Select a value for each screening performed and then select the value for the Risk Rating Calculation Click Save and Complete The system will navigate to the Legal Entity Management – screen where the Tasks tab will be updated to the next task Complete AML. Note: Risk Category will not be entered in this screen. In Production, this field will be auto-populated with the value input in the Product Details screen. Task 5 Upload Risk Rating is complete. – Topic 6: Complete AML Overview Once Task 5 Upload Risk Rating has been completed; the next task is AML Complete. – The purpose of the Complete AML Task is to capture any escalations that are required if the Risk Rating Value is High. All escalations will be performed outside the KYC Platform, and a record of the escalations and work completed by the Business Unit and Compliance will be captured as documents and uploaded to the KYC Platform. The following table lists the steps that AML KYC CoE (Shared Services) needs to perform during Task 6 Complete AML. –
Step Action Navigate to the Documents tab and upload the Risk Rating Results as a document (See previous step for Adding a Document) Select the Document Type value as Risk Rating Spreadsheet Click Save and Complete – this will bring the user to the Legal Entity Management screen. Navigate to the Products tab in the Legal Entity Management screen to assign the Risk Rating value at the Product Level, and then select Edit from the icon dropdown to the right of the product. In the Product Details screen, complete the following: Select the Risk Rating Click Save Click Back to navigate back to the Legal Entity Management screen. Navigate to the tab in the Legal Entity Management screen and select the Navigate icon to the right of the task to navigate to the Upload Risk Rating Result screen. The following lists the steps that AML KYC CoE (KYC Shared Services) needs to perform during Task 5 – Upload Risk Rating Results. Step Action In the Upload Risk Rating Result screen, perform the following Select a value for each screening performed and then select the value for the Risk Rating Calculation Click Save and Complete – The system will navigate to the Legal Entity Management screen where the Tasks tab will be updated to the next task Complete AML. Note: Risk Category will not be entered in this screen. In Production, this field will be auto-populated with the value input in the Product Details screen. Task 5 – Upload Risk Rating is complete. Topic 6: Complete AML Overview Once Task 5 – Upload Risk Rating has been completed; the next task is AML Complete. The purpose of the Complete AML Task is to capture any escalations that are required if the Risk Rating Value is High. All escalations will be performed outside the KYC Platform, and a record of the escalations and work completed by the Business Unit and Compliance will be captured as documents and uploaded to the KYC Platform. The following table lists the steps that AML KYC CoE (Shared Services) needs to perform during Task 6 – Complete AML.
StateStreet_KYC%20Platform_Participant%20Guide_V2.4_10-Mar-2015.docx