Out-Sourced Internal Audit
A customized turn-key solution to manage all of your internal audit needs:
- A proprietary risk-based audit plan
- Full range of audit services encompassing Lending, Retail, Regulatory Compliance, BSA/AML, Information Technology, Financial, Trust and more
- Subject Matter Experts assigned to each audit
- Use of Iaudit360XTM (secure web based interactive workflow portal) for transparency and efficiency
- Internal Audit function dedicated exclusively to the banking industry
- Technological solutions for audit management through IssueTrackerTM and online portal
- Compliance with standards promulgated by the Institute of Internal Audit and Regulatory Agencies (OCC, FDIC, NYDFS, NCUA, FRB and other State Agencies)
Co-Sourced Internal Audit
An ever-increasing number of financial institutions with in-house internal audit departments use an audit co-sourcing professional firm to close any gaps to meet their internal audit needs:
- Experienced Subject Matter Experts with in-depth knowledge and experience
- Knowledge of ongoing regulatory emphasis
- Cost effective solutions to complete more technical audits such as BSA/AML, IT, Cyber Security, ALLL, Asset Liability Mangement and Liquidity
- An industry risk perspective that goes beyond your organization
- A fresh pair of eyes, a crisp perspective and the expertise to make recommendations when noting inconsistencies and other issues
- Readily available expert assistance when you need more hands on deck
