With the ever increasing focus on corporate governance and risk by federal and provincial regulators, Canadian Credit Unions are faced with ever increasing compliance requirements. Control Solutions International has developed a Risk and Internal Controls Matrix used by provincial regulators enabling us to reduce compliance costs and meet regulatory needs.
Are you ready?
- For the regulatory implementation of an Enterprise Risk Management program?
- Are your Board of Directors and Audit Committee confident and competent to fulfill their regulatory requirements?
- Has your Audit Committee approved a risk-based audit plan, conducted independently with direct reporting to the Audit Committee?
- Do you have Board approved Information Technology Management Policies suitable for the size and complexity of your organization and the adequate protection of your members’ personal and financial information?
- Has your Board participated with Management in developing a Strategic Plan to sustain the mission and goals of the credit union’s existence over a longer time frame?
- Do you need support to improve the quality of your corporate governance policies and development of your operational policies and procedures?
Control Solutions has over 20 years of experience developing value-add internal audit solutions. We developed our Getting StartedTM internal audit program to help organizations effectively establish an internal function to manage their regulatory and compliance needs in a cost effective manner. Our customized Credit Union solutions include:
- Financial and Operational Internal Audit
- Enterprise Risk Management
- Board of Director Training
- Risk Management and Consulting
- Information Technology Audit
- Strategic Planning Consulting
- Mergers and Acquisitions
- Policies and Procedures Development
Control Solutions International delivers a portfolio of solutions through completely integrated practices that give clients quicker and easier access to our wide range of expertise. Our global consulting and risk advisory firm provides clients with a distinctive perspective through our industry veterans. Our unique approach to the issues faced by our clients enables us to work together to not only solve the vast array of compliance, risk and technology problems, but to also help our clients increase the productivity and effectiveness of their operations. The need for a trusted advisor is more pressing than ever before, with the continued uncertainty and fluctuation of the global markets, increased scrutiny of corporate governance, and pressures to reduce cost and increase profitability. Our expert professionals will help lead you in the right direction. Experience the difference in working with a professional services firm that is truly and ultimately dedicated to your success. Our consultants will bring to you:
- Extensive Credit Union risk assessment experience
- Solid understanding of Credit Union business models
- Value driven process improvements from experienced guidance
- Local financial services professionals
- Expert analysis of current sector- wide challenges
- Maximizing performance with brilliant solutions
Contact our Credit Union industry experts to learn how we can assist you.