Exception and Waiver Workflow with Risk Acceptance
N.B. Upload cash ledger/ERP extracts and bank statements if available; otherwise state data proxies used. Confirm buffer policy and covenant tests before finalizing.
📄 Prompt Template
Create a formal exception process for temporary deviations from classification/handling rules. Define intake via [TicketingSystem], risk rating, approvals by [RiskCommittee], maximum waiver duration of [MaxWaiverDuration], and financial/operational [ApprovalThreshold] tiers. Include compensating controls and mandatory review/renewal steps.
Output format:
“Swimlane Diagram” (ASCII: Requestor, Security, Legal, Data Owner, Risk Committee).
“Exception Form Template” (fields list).
“SLA Table” (Markdown: Step | SLA | Owner | Evidence).
“Risk Acceptance Statement” (≤120 words).
Ensure auditability, versioning, and linkage back to control libraries.