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

 
Ransomware attack halted a global manufacturer's operations.
big problem:
Ransomware attack halted a global manufacturer's operations.
big thinking:
Recover and secure the system – fast – save $1 million in ransom.
 
High tax burden for family-owned franchisor.
big problem:
High tax burden for family-owned franchisor.
big thinking:
Comprehensive planning for a 15% tax reduction.

our thoughts on

Risks to Consider When Reopening Your Branches
HMDA Reporting Thresholds Increased by CFPB
ProLock Ransomware Attacks Overview and Mitigation Strategies
CARES Act Includes Relief from CECL
The Coronavirus Pandemic and the Potential Effect on CECL

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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

Map of Washington Office
Washington, D.C.

1660 International Drive, Suite 600
McLean, VA 22102