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#2247980 - 01/21/21 11:02 PM Alerts Based on Risk
Q Offline
Junior Member
Joined: Jun 2015
Posts: 49
Has anyone had an examiner question or push for alert thresholds to be based on risk? With different thresholds for each risk category so low risk customers would have one set of parameters for cash activity compared to moderate risk customers?

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#2248184 - 01/26/21 05:54 PM Re: Alerts Based on Risk Q
JackieW Offline
New Poster
Joined: May 2019
Posts: 20
I have heard of that being requested if the automated transaction monitoring system has such functionality/alerting.

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#2248688 - 02/04/21 04:50 PM Re: Alerts Based on Risk Q
Paul Offline
Junior Member
Joined: Jan 2019
Posts: 34
In a past institutions, I had two sets of thresholds one for High Risk Customers and one set for non High Risk Customers; our examiner loved it. Currently we add 10 points to the risk score of all alerts for High Risk customers.

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#2248707 - 02/04/21 07:34 PM Re: Alerts Based on Risk Q
osucpa Offline
Diamond Poster
Joined: May 2011
Posts: 1,400
Yes we use different thresholds based on risk. Some of this could depend on what monitoring system you are using.

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