Bank Compliance & Risk Management


These services focus on:

  • Internal Audit

  • Compliance

  • Risk Management Service

In partnership with Premier Consulting Partners, the Florida Institute of Finance provides boutique advisory services to the financial services industry.


Actively working with many financial service companies, we understand the significant challenges faced in your industry and organization. In turn, we have developed risk-based methodologies in-line with regulatory requirements, expectations, and the unique risk profile in today's economic environment. We work collaboratively with our clients to customize our approach to provide solutions that meet the strategic goals and objectives of your organization and to ensure complete satisfaction. Our goal is to be your partner, your trusted advisor, and your continuous source of high-quality information and advice.

Risk Management

In today's complex financial services industry, your organization must develop, implement, and maintain robust risk management programs and practices. We offer several comprehensive and targeted risk assessments to assist organizations with understanding their risk profile and implementing appropriate risk management processes, procedures, and practices. Our risk assessment process integrates the Federal Reserve guidelines and risk criteria and provides an enterprise-wide evaluation of your organization's risk profile.

  • Internal audit risk assessment and planning

  • Compliance risk assessments (AML/BSA/OFAC, Consumer, CRA. Fair Lending)

  • Enterprise risk assessments and program implementation

Regulatory Compliance

In times of unprecedented regulatory scrutiny, banks must understand and comply with the ever-changing regulatory environment. Our regulatory compliance practice has developed comprehensive solutions to address your compliance needs and provides expert guidance and independent evaluations necessary to maintain compliance with regulatory requirements and expectations.

  • AML/BSA independent testing

  • AML/BSA assistance (Risk Assessments, Issue Remediation)

  • AML system validation

  • Consumer compliance (Lending and Deposit)

  • Identity theft Red Flags Rule

  • Sarbanes-Oxley Act

  • Gramm-Leach-Bliley Act (GLBA)

Corporate Operations

Our Treasury experts understand the risks and rewards associated with investment activities. Our solutions evaluate the corporate governance and management of Treasury, Investments and Asset/Liability Management (ALM) activities, the adequacy of policies and procedures, and the overall effectiveness of the control environment. Furthermore, our quantitative team, composed of PhDs, can also validate your interest rate, forecasting, and valuation models to determine if they are working as intended and can meet regulatory requirements.

  • Treasury & investments

  • Asset and liability management (ALM)

  • ALM model validation

  • Accounting & regulatory reporting

Credit Administration & Servicing

We understand the inherent risks (credit, regulatory, operational) within your lending functions. Our experience and exposure to many banks provide us with an industry perspective and best practices that we leverage to evaluate and assess the effectiveness and efficiency of your lending areas. Our comprehensive approach evaluates key processes and activities performed within credit administration, underwriting, and servicing functions including credit practices, regulatory requirements, and operational controls.

  • Consumer and residential lending

  • Commercial real estate loans

  • Small Business Administration (SBA)

  • Loan servicing

  • Loan review & workout

Deposit Operations

Our comprehensive programs focus on the key aspects of daily processing, settlements, balancing, and vendor oversight. Our solutions are flexible, focus on higher risk activities, and facilitate the evaluation of key processes to achieve compliance with deposit regulation and operational requirements.

  • Wire transfer

  • Branch administration & review

  • ACH processing (NACHA compliance)

  • Dormant accounts & escheatment

Information Technology

Our approach to performing IT audits is aligned with the Federal Financial Institutions Examination Council (FFIEC) IT Handbook and Booklets. Our professionals have in-depth experience with executing these engagements and understand the regulatory expectations. Our IT practice and professionals are also active with the Institute of Internal Auditors (IIA) and Information Systems Audit and Control Association (ISACA) and follow the suggested practices by these associations. Proficient with the performance of IT risk assessments, our professionals can effectively guide your organization from a top-down approach, identify higher-risk areas, and focus efforts on the critical areas for the success of your organization.

  • IT risk assessments

  • IT general controls

  • Information security

  • GLBA 501 (b) compliance

  • E-Banking

  • Disaster recovery and business continuity

  • Internal & external vulnerability assessments

  • Penetration testing

Ready To Talk?

We invite you to contact us for more information.