Audits of Operational Controls

Our operational reviews focus on strengthening controls and improving the efficiency and effectiveness of operations. The following is a representative sample of the areas that can be audited:

  • Commercial and Residential Loan Originations/Administration
  • Wire Transfers
  • Asset/Liability Management/Treasury
  • Investment Securities
  • Branch/Retail Banking Operations
  • ID Theft/Red-Flag Programs
  • Cash and Due from Banks
  • ATM/Debit Card Administration
  • Accounts Payable/Purchasing
  • Federal Funds and Automated Clearing House (ACH)
  • Payroll/Human Resources

case studies

 
big problem:
A not-for-profit client out of 401(k) compliance.
big thinking:
Allowing more contributions by highly paid employees.
 
big problem:
Hackers attempting a six-figure wire transfer.
big thinking:
Rapid action spearheaded active containment and response.

our thoughts on

Bill S. 1564 Calls for Delay of CECL Implementation Until a Quantitative Economic Impact Study is Completed
Financial Institutions - Regs on Regs on Regs
Financial Trustee Service Considerations
Addressing Technology Risks within the Financial Services Industry
Private Companies Rejoice - VIE Rules are Changing for the Better

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contact us

Map of Pittsburgh Office
Pittsburgh

One PPG Place, Suite 1700
Pittsburgh, PA 15222

contactsd@schneiderdowns.com
p:412.261.3644     f:412.261.4876

Map of Columbus Office
Columbus

65 East State Street, Suite 2000
Columbus, OH 43215

contactsd@schneiderdowns.com
p:614.621.4060     f:614.621.4062