Consulting

Do you need some TLC? Many of the nation’s premier financial institutions have benefited from our Turbo-charged, Laser-focused, Consulting services... Shouldn’t you?

We can help! We specialize in high risk areas such as:

• AML/BSA
• Fair Lending
• Privacy

Our comprehensive consulting program includes:

• Risk Assessments
• Compliance Program Reviews
• Compliance Audits

This large financial institution was expecting a more rigorous Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) examination, including a detailed review of its risk assessment, by its regulator. It contacted Compliance Coach and requested a review of its risk assessment.

Within a few weeks, Compliance Coach reviewed the institution’s risk assessment to ensure it was adequate and appropriate for its risk profile. Compliance Coach identified several areas for improvement and provided recommendations for enhancements. The institution promptly implemented the recommendations, revised its risk assessment, and subsequently satisfied its regulator during the examination.

This niche financial institution had decided to enter into higher risk lending. It recognized that it needed to re-assess its fair lending risk profile. After a detailed search, it concluded that Compliance Coach was the right partner to assist it, to evaluate its fair lending risk profile, and identify risk management best practices for implementation.

Within three weeks, Compliance Coach completed a comprehensive fair lending risk assessment and delivered a report containing several risk management best practices recommendations, which management promptly implemented.

This medium sized financial services organization identified a need to evaluate its consumer privacy compliance program. It required an independent review of its privacy policies, internal controls and overall program. It contacted Compliance Coach for expert assistance.

Compliance Coach identified several areas for enhancement, including revising the privacy policies and implementing several internal controls over consumer data protection, commensurate with the institution’s risk profile.

This smaller sized financial institution was planning to launch a comprehensive, fully transactional web site, as part of its expanded online banking initiative. It was also expecting a regulatory examination. It contacted Compliance Coach and requested a comprehensive compliance review of its web site to ensure compliance with applicable laws and regulations.

Compliance Coach completed a web site scan and compliance review, and identified several areas for improvements. Management promptly implemented the recommendations, and was able to also satisfy the regulators during the examination. Subsequently, Management requested that Compliance Coach review its online banking web site quarterly.