Compliance Management Consulting
Examples of additional services include, but are not limited to:
- Provide a compliance management strategic plan to reflect the responsibilities for completing and maintaining certain critical elements of the institution’s compliance management programs (e.g., compliance reviews, monitoring activities, reports to the Board, training sessions, etc.).
- Assist in taking action to correct any deficiencies detected during our compliance reviews.
- Provide onsite compliance training sessions for the board, senior management and customer contact personnel. Tailored to your specific training needs, these sessions would cover the federal laws and regulations pertaining to loans, deposits, and operations.
- Assist in revising the institution’s formal compliance management programs. This includes revising or developing a formal compliance management policy and job descriptions for compliance management personnel.
- Provide offsite compliance monitoring services of "high risk" loan and deposit products.
- Provide a telephone and E-mail compliance "hot-line" for management and compliance personnel to use for daily compliance questions, concerns and issues.
- Provide compliance quality control through periodic off-site monitoring reviews of high risk lending or deposit products, forms, policies and procedures, etc.
- Assist in developing and implementing new or revised deposit and lending products and other services, documentation or advertisements affected by laws, regulations and regulatory standards.
- Provide assistance during or after future federal regulatory compliance examinations, and assist in developing an action plan to correct deficiencies after supervisory enforcement action has been taken.
- Perform due diligence compliance examinations to facilitate expansion activities.