Internal Audit

Help develop and maintain an effective internal control environment using outsourced internal audit and in-house program development solutions, including:

• Risk Assessments, Audit Plan Development: conduct comprehensive risk assessments to tailor audit plans that align with your organization's strategic and operational objectives and regulatory requirements, ensuring a focused, effective audit approach.
• Finding Management: assist in tracking, prioritizing, and addressing audit findings, facilitating effective remediation efforts and driving continuous improvement in your control environment.
• Infrastructure & Strategy Development: assist in transforming, designing and implementing robust Internal Audit frameworks and strategies, incorporating essential performance metrics and risk indicators, by applying adaptable auditing strategies, tailored to your organization's distinct needs, ensuring alignment with business goals, adhering to industry leading practices, and regulatory standards.
• Enterprise Risk Management: helping organizations identify, assess, prioritize, and manage risks across the enterprise. Enabling organizations to develop robust risk management frameworks, establish risk appetite and tolerance levels, and implement effective risk mitigation strategies to enhance resilience and drive sustainable growth.
• Data Analytics: leveraging advanced data analytics tools and techniques to help organizations derive actionable insights from their data to enable more effective risk assessment, monitoring, and decision-making processes.
• Subject Matter Support: provide specialized subject matter expertise to enhance continuous monitoring processes, ensuring timely detection of emerging risks and vulnerabilities.
• Continuous Monitoring & Auditing: develop and implement tailored automation strategies and continuous auditing programs to streamline control testing processes, enhance efficiency, and improve risk coverage.
• Training: customized training programs to up-skill internal audit teams and key stakeholders, covering topics such as audit methodologies, regulatory updates, and emerging risks.
• External & Internal Quality Assessment (QA): conduct thorough internal and/or external Quality Assessments to evaluate the effectiveness of your Internal Audit function, identify areas for improvement, and enhance overall performance.
• Regulatory & Compliance Risk: assisting organizations in enhancing their decision-making capabilities and elevating integrity within consumer protection, anti-bribery and corruption, anti-money laundering, and third-party risk management domains.
• FDICIA Flex: cost-effective, risk based FDICIA compliance program to enhance operational efficiency and oversight to help banks determine the right controls and testing methodologies tailored to their specific requirements.