7.1 Risk Approval

In this stage, the Risk Approver must view the entire details of the linked transaction (Customer, Facility, and Collateral along with the status) and specify their own recommendation.

Once the risk team approves the covenant, covenant waiver letter is sent to the borrower.

To Acquire & Edit the Risk Approval task, navigate to Tasks > Free Tasks from the left menu and select the required task.
The Risk Approval screen is displayed.

Figure 7-1 Risk Approval


Description of Figure 7-1 follows
Description of "Figure 7-1 Risk Approval"

In the Risk Approval screen, the following actions can be performed for each covenant individually:

  • Update Covenant details
  • View Covenant details
  • Upload / download Documents
  • View Covenant History

Parent topic: Covenant Approval