In order to decrease the risk of regulatory actions, unexpected losses, or reputational damages, financial institutions are responding with greater investment in compliance, risk, and control functions.
Financial services executives face mounting pressures arising from the volume and velocity of banking regulation centered on governance, consumer compliance, and Unfair Deceptive and Abusive Policies (‘UDAAP’) rules. These demands require a holistic, flexible, and effective risk and control environment to the “new normal.” In order to decrease the risk of regulatory actions, unexpected losses, or reputational damages, financial institutions are responding with greater focus on compliance, risk, and control functions.
How Navigant Can Help
Navigant’s Risk, Control and Financial Compliance professionals provide the expertise, experience, and unwavering commitment to ensure our clients preserve their value through enhanced governance in combination with effective and efficient operations.
Navigant applies a proven methodology combined with a suite of tools and processes to ensure that financial institutions will achieve the following objectives:
We provide full life-cycle solutions from strategy through execution to continuous monitoring to help our clients better manage their strategic, regulatory, reputational, and operational risks that may result from:
Navigant is routinely called upon by financial institutions and regulatory authorities to provide independent reviews, risk assessments, monitorships, and expert witness testimony related to financial services industry regulation. We help our clients assess their current practices against regulatory expectations and leading industry practices, design and implement risk and control frameworks, and support high-priority initiatives in the risk, compliance, and control functions.
Read about our Compliance Management Systems here.