Tracking Exam and Audit Findings: New Ways to Build a Next-Generation Risk Management Process

Standard compliance protocols are set to ensure that processes are followed by management and employees, internal audit, external audit, and government review. In spite of those checks and balances, examiners and auditors uncover deficiencies in your processes, and it falls to your team to resolve them. These issues can be the proverbial ‘hot potato’ on who takes the necessary action on the findings. It’s common for the findings to revolve around third-party risk, business continuity issues, and compliance areas. This webinar will address:

• The dangers of only using Excel spreadsheets to manage findings
• Best practices for policies and procedures to avoid findings in the first place
• How to track to guarantee complete remediation of findings
• The benefits of testing your remediation to ensure changes take effect
• Best practices of vendor management, business continuity planning, and compliance to help your financial institution avoid findings