We are focused on providing a top down risk based approach for large and small banks, with assets greater $ 500 mm, to ensure compliance with FDICIA statutory requirements. Our team will perform an assessment of the control framework supporting FDICIA to ensure adequate controls are in place and these appropriately represent each business unit activities.
At Control Solutions International, our professionals use a risk based approach working with Management to develop the appropriate solutions to be implemented enabling our clients to reduce risk and leverage opportunities.
Our team of professionals can help you:
- Evaluate FDICIA procedures for ongoing monitoring and compliance
- Create effective, efficient control activity assessment tools and questionnaires to facilitate review process
- Develop and implement a plan to ensure appropriate documentation, internal testing, and attestation by external auditors within required timeframe and filing deadline as required under Part 363
- Create an integrated approach utilizing existing Sarbanes Oxley 404 and FDICIA documentation for public banks
- Leverage operational and compliance reviews to minimize duplication and reduce costs