Allia consultants have worked with foreign bank branches and community banks in helping them address regulatory inquiries. Our network of consultants consists of former bank examiners and veteran industry practitioners. Sample engagements include:
• Led a team of internal and client resources to complete a $4.7B community bank’s internal audit plan that improved the client’s standing in addressing OCC’s comments; audits included model risk, liquidity, loan administration, workouts, change management and independent loan review.
• Led and performed an information technology risk assessment for a $6.5B foreign bank branch to satisfy the OCC; developed an information technology risk assessment model saving client in potentially recurring consulting fees covering governance, information security, business continuity, operations and management and third party.
• Performed an anti-money laundering risk assessment for a Fintech startup enabling the company to establish banking partnerships; saved client costly time and money in identifying policies and procedures and systems gaps.
• Led and performed yearly bank audits covering lending, credit, loan administration, risk and liquidity management, compliance, Bank Secrecy Act and anti-money laundering; identified high-risk compliance and operational gaps.