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Checklist

How to create a risk profile 

Financial institutions and other organizations are faced with a daunting task – determining not only whether a person or business is legitimate, but also whether this person or company is an entity that is worth doing business with. When creating the risk profile of a potential customer or vendor, organizations must first identify and decide what criteria is available and important and build a risk profile that matches their organization’s specific tolerance level.

This checklist walks through the steps that organizations could consider when building a risk profile.

Download the checklist