Compliance & Operational Risk

Bridgeforce has a proven track record in financial services consulting & solving critical operational risk and regulatory compliance issues when it matters most. We identify practical solutions to maintain control and compliance. Bridgeforce has supported clients in the following key areas:

Here Are Sample Service Offerings

  • Regulatory Exam Preparation and Audit Readiness (e.g. CFPB, OCC, FRB, FDIC, FTC)
  • Issue Remediation, including resolution of issues cited in Internal Audits, MRAs, and Consent Orders
  • Compliance Management System Assessment and Enhancement
  • Creation of Policies, Procedures, and Process Maps
  • First and Second Line Testing Program Creation
  • Organizational Culture Change
  • Process and Control Redesign & Implementation
  • QA/QC Program Development
  • Targeted Risk Assessments
  • Third Party Vendor Management Program

Sample Engagements

  • MRA and Audit Finding Resolution Support

    What We Did: Supported multiple clients across multiple products to enable rapid and sustainable resolution of open MRAs and audit findings.

  • First Line of Defense Assessment and Enhancement

    What We Did: Completed an assessment and significantly enhanced a large bank’s first line of defense in advance of a regulatory audit, with a focus on mortgage servicing and originations

  • Mortgage Default Management Consent Order Remediation

    What We Did: With a team of 50+ FTE, managed daily BAU activities of over 10 work streams while developing, testing, executing, and certifying a high number of remediation activities in a short period of time to close audit findings and meet Consent Order requirements.