Corporate and high net worth banks
Consulting / Compliance & Operational Risk Division
Integration of a "Brokerage" subsidiary in the US zone within the KYC Policy
Challenges & Objectives:
- Meet the recommendations of the local regulator
- Integrate the subsidiary into the bank’s KYC Policy
Approach & Implementation:
- Drafting of the scoping note
- Definition & Implementation of the governance
- Definition of the project streams
- Realization of the Business Requirements and UAT
- Project management
- Change Management
Deployment of the Operational Risk TOM on the ALM-T
Challenges & Objectives:
- Implement the second-level control function for operational risk on ALM-T activities at the group level (Head Office and Entities)
- Respond to regulators’ requests for the separation of the different lines of defense
Approach & Implementation:
- Analysis of the existing situation and the gap with the target organization
- Conduct of workshops with all stakeholders
- Definition of job descriptions and responsibilities associated with the newly created function
- Drafting of the terms of reference for the ALM-T internal control committee