Risk Services

NEW: Fractional Chief Risk Officer (fCRO)
and Interim CRO

Fractional CRO services are ideal for operating companies (industry agnostic) that are growing quickly, have aggressive growth plans, or making acquisitions.

• C-Suite level insights at a fraction of the cost of a full-time CRO
• Evaluations to identify potential risk blind spots
• Network of specialize resources to address defined risks
• Provides support that is flexible and scalable based on on growth and complexity
• Enhance Board governance, oversight, and decision making
• Partner to develop a risk-based priority roadmap

Special projects may include acquisition/investment due diligence; support start-ups by assessing risks for planning purposes; interim CRO during personnel realignments; or risk staff augmentation.

Risk Framework
& Governance

Evaluate and enhance risk programs including policies, processes, controls, and testing parameters to ensure governance and reporting standards are being achieved.

• • • • Board and management reporting
      • Dashboards and monitoring mechanisms
      • Risk and Control Self-Assessments (RCSA) peer review
      • Credit Portfolio Risk Assessment reports (CPRA)
      • OFAC Enterprise-wide Risk Assessments
      • New Product Risk Assessment process
      • Business Continuity

Credit and Accounts Receivable Management
Strengthen the 1^st line of defense

Evaluate effectiveness of the credit extension / accounts receivable programs (people, processes, and technology) to monitor and report on the portfolio to ensure alignment with the organization’s risk-tolerance.

• Underwriting policies
• Concentration risk
• Mitigate portfolio vulnerability to industry shock events

Credit Review Advisory Services
Enhance credibility of the 3^rd line of defense

Evaluate the effectiveness of your Credit Review program (people, processes, technology) to monitor and report on aspects of the credit portfolio, including:

• Credit risk governance
• Credit risk appetite
• Underwriting, controls and compliance with policies

Compliance Infrastructure and
Bank Secrecy Act (BSA) Program

Evaluate people, processes, and technology related to the organization’s regulatory compliance and BSA programs as well as supporting organizational training activities.

Programs should be appropriate for organizations and complexity ranging from FinTech start-ups to large banks.

Develop multi-channel comprehensive Regulatory and BSA training programs, including:

• General colleague knowledge
• Role-based training for various customer-facing functions
• Board of Directors content
• Newsletters
• Current event conference calls

Sanctions (OFAC) 
Program Management

Evaluate the people, process and technology related to the organization’s OFAC program

Determine opportunities to enhance the sanctions program*

Develop a risk-based priority roadmap to address action items*

Optimizing screening tools for sanctions, 314(a), PEP, and Negative News programs

Evaluate export control risk*

* Applicable to Corporate entities and Financial Services

Continuous Improvement

The activity of seeking to be better and adapting to the environment is continuous.

Facilitate ideation sessions with stakeholders to yield realizable benefits through the reduction of inefficiency, improved effectiveness, and collective alignment of objectives that result from understanding each step’s value proposition. These improvement efforts are then operationalized using Six Sigma and Business Process Redesign techniques.

Merger & Acquisition due diligence and integration support

Disaster Recovery Planning

IT Project Support (ensure necessary data feeds enable compliance with BSA and OFAC policies)