As a financial consulting firm, Bridgeforce has helped clients over the
years with regulatory compliance and control. We’ve compiled lessons
learned and best practices while working on projects ranging from supervisory
letter responses to full management of large-scale remediation and performing
look-back efforts with sizeable teams.
This paper provides a summary of the different ways an organization can
effectively mitigate exam findings by developing a methodical approach
to facilitate effective and sustainable solutions. Topics include defining
objectives, establishing project infrastructure, creating centralized
management of findings, establishing remediation teams and executing corrective actions.
Through our experience across various risk management, operational risk
and compliance consulting projects, we’ve found that the right approach
to remediation can minimize burden and ensure sustainability if you take
the proactive steps and establish a rigorous project management methodology.
Download our full white paper, Corrective Action Planning and Sustainability to learn more. If you are interested in reading more about getting ready
for an exam, go to part one of this two-part series,
Achieving Regulatory Exam Readiness.