Create new risk form

reference brazil Updated Sep 10, 2026 2 min read tprm-risk-record-form.md

Use the create new risk form to capture all the information that you need to associate a control with a third party or engagement using the Third-party Risk Management application. As a third-party risk admin, you can create a control.

Field	Description
Number	Unique identification number. This field automatically populated.
Inherit from risk statement	Option to create a risk independent of risk statement.
Active	Option to indicate if the risk is active.
Name	Name for the risk. Field is auto-populated if the risk is generated from a risk statement, but can be changed without affecting the relationship between the risk and risk statement.
Description	Description of the risk and how it is a threat to the organization.
Risk Statement	Risk statement this risk is associated with.
Category	Category of risk which applies to the profile. - Legal Financial Operational Reputational Legal/Regulatory Credit Market IT If the risk is generated from a risk statement, the field is automatically populated/
Entity	Entity related to the risk. Note: Only active entities are shown.
Sync with entity owner	Option to assign the entity owner as the owner of this risk record. When selected, if the entity owner changes, the risk owner is updated automatically. This option is set to True by default.
Owning group	Owning group for the risk.
Risk relevance	Explanation of how this risk applies to you. Note: This field only appears when the Inherit from risk statement option is selected.
Owner	Owner for the risk.Note: The owner is always added as a respondent.

**Parent Topic:**[Manually add a risk to a third party or engagement](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/brazil/markdown/governance-risk-compliance/third-party-risk-management/tprm-add-risks-tp.md)

Create a risk statement

Define the risk appetite for a risk statement

Create a risk manually

Define the risk appetite for a risk

148 lines · 4.0 KB Wrap lines

---
title: Create new risk form
description: Use the create new risk form to capture all the information that you need to associate a control with a third party or engagement using the Third-party Risk Management application. As a third-party risk admin, you can create a control.
locale: en-US
canonical_url: https://www.servicenow.com/docs/r/governance-risk-compliance/third-party-risk-management/tprm-risk-record-form.html
release: brazil
product: Third-party Risk Management
classification: third-party-risk-management
topic_type: reference
last_updated: "2026-09-10"
reading_time_minutes: 2
breadcrumb: [Add a risk, TPRM with Risk Management, Integrate, Third-party Risk Management, Governance, Risk, and Compliance]
---

# Create new risk form

Use the create new risk form to capture all the information that you need to associate a control with a third party or engagement using the Third-party Risk Management application. As a third-party risk admin, you can create a control.

<table id="table_zsd_kxs_hgc"><thead><tr><th>

Field

</th><th>

Description

</th></tr></thead><tbody><tr><td>

Number

</td><td>

Unique identification number. This field automatically populated.

</td></tr><tr><td>

Inherit from risk statement

</td><td>

Option to create a risk independent of risk statement.

</td></tr><tr><td>

Active

</td><td>

Option to indicate if the risk is active.

</td></tr><tr><td>

Name

</td><td>

Name for the risk. Field is auto-populated if the risk is generated from a risk statement, but can be changed without affecting the relationship between the risk and risk statement.

</td></tr><tr><td>

Description

</td><td>

Description of the risk and how it is a threat to the organization.

</td></tr><tr><td>

Risk Statement

</td><td>

Risk statement this risk is associated with.

</td></tr><tr><td>

Category

</td><td>

Category of risk which applies to the profile. -   Legal
-   Financial
-   Operational
-   Reputational
-   Legal/Regulatory
-   Credit
-   Market
-   IT

If the risk is generated from a risk statement, the field is automatically populated/

</td></tr><tr><td>

Entity

</td><td>

Entity related to the risk. **Note:** Only active entities are shown.

</td></tr><tr><td>

Sync with entity owner

</td><td>

Option to assign the entity owner as the owner of this risk record. When selected, if the entity owner changes, the risk owner is updated automatically. This option is set to **True** by default.

</td></tr><tr><td>

Owning group

</td><td>

Owning group for the risk.

</td></tr><tr><td>

Risk relevance

</td><td>

Explanation of how this risk applies to you. **Note:** This field only appears when the **Inherit from risk statement** option is selected.

</td></tr><tr><td>

Owner

</td><td>

Owner for the risk.**Note:** The owner is always added as a respondent.

</td></tr></tbody>
</table>**Parent Topic:**[Manually add a risk to a third party or engagement](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/brazil/markdown/governance-risk-compliance/third-party-risk-management/tprm-add-risks-tp.md)

**Related topics**  


[Integrating Third-party Risk Management with Risk Management](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/brazil/markdown/governance-risk-compliance/third-party-risk-management/rm-assessment-integration.md)

[Create a risk statement](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/brazil/markdown/governance-risk-compliance/grc-risk-management-workspace/t_CreateRiskState.md)

[Define the risk appetite for a risk statement](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/brazil/markdown/governance-risk-compliance/grc-risk-management-workspace/define-risk-appetite-on-risk-statement.md)

[Create a risk manually](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/brazil/markdown/governance-risk-compliance/grc-risk-management-workspace/t_CreateRisk.md)

[Define the risk appetite for a risk](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/brazil/markdown/governance-risk-compliance/grc-risk-management-workspace/define-risk-appetite-on-risk.md)