OCS Solves Regulatory Challenges
Our Services
In today's dynamic technological environment, banks are offering more complex products and services in a changing regulatory landscape. As a result, federal and state regulators are actively focusing on finding customer harm and violations of law. OCS provides experience and knowledge to help our clients meet regulator and customer expectations.
Independent Assessment of Bank Responses to Examination Findings
Review regulator findings
Validate or develop bank responses
Confirm or recommend bank responses
Respond to Regulatory Enforcement Actions and Reports of Examination
Confirm self-identified issues
Determine is all violations of law and issues have been corrected
Evaluate bank remediation plans
Examination Preparation Support
Regulator document request review
Staff regulator interview preparation
Bank Three Lines of Defense (LOD) policies, processes and procedures review
Mock Examination Prior to Actual Examination
BSA/AML (KYC, Transaction Monitoring and OFAC sanctions)
Bank Operations (Deposit operations, new accounts, customer application processing, call centers, business banking, reconciliation and government reporting and others) assessment
Privacy program review Federal and State requirements
CMS Program Review
Risk Management
Regulatory Change Management (RCM)
Issue Management
Third-Party and Vendor Risk Management
Compliant Management Program
Governance, Risk and Compliance (GRC) Policies, Processes and Procedures
Conduct Compliance Training
UDAAP expectations
BSA/AML processes and requirements
Federal and State Privacy guidance and regulations
Fair Lending
