Solutions That Evolve With Your Business

Today’s complex regulatory environment is presenting many difficult challenges to financial institutions of all sizes. Increased regulation, such as the expanded HMDA Rules and BSA Beneficial Ownership Rule, is consuming unprecedented resources for banks and requiring high levels of expertise. Accume Partners is here to help with a full range of regulatory compliance services that are designed to help you cope with today’s multifaceted regulatory challenges. We work with our compliance clients to prevent potential problems, correct existing issues and proactively provide guidance to efficiently stay ahead of a rapidly changing regulatory landscape.

Our Solutions

Regulatory Compliance Audit
  • Full outsource or provide support for existing function
  • Comprehensive Enterprise-Wide Approach
  • Strengthen internal controls
  • BSA/AML/OFAC
  • Alphabet Regulations
  • Specialty Areas (CRA, HMDA, Fair Lending, UDAAP)
Compliance Consulting/Compliance Program Administration
  • Risk Assessments
  • Risk-Based Monitoring Program
  • Policy & Procedure Development
  • Compliance Training
  • Pre-Regulatory Examination Evaluation
  • On-going Compliance Support
  • Skilled Resource at the Fraction of the Cost to Hire
Look-Back Reviews
  • Identify potentially suspicious activity for SAR filing purposes
  • File suspicious activity reports as required
  • Quality Assurance reviews to ensure SARs are thorough and sufficient for the applicable regulatory authorities
  • Conduct follow-up for SARs
  • Maintain required documentation of SAR investigations
  • Assess adequacy of “Know Your Customer” and “Customer Identification Program

Regulatory Remediation and Validation
  • Assist in remediating or validating compliance program and performance issues
  • Develop the necessary remedial action plans
  • Perform transaction testing to ensure the correction of any deficiencies
AML Model Validation
  • Evaluate effectiveness of new systems
  • Review of existing systems as required by regulators (best practice is annual validation)
  • Verify data integrity

As the levels of regulatory scrutiny, technical complexity, and business threats surge, so too do the risks and compliance-related issues associated with day-to-day business activities. Management should ask these key questions

The Questions

  • Are you looking for a risk-based, cost-effective solution for your internal audit function related to regulatory compliance?
  • Do you face regulatory compliance and technical challenges?
  • Do you need resources and expertise to remediate regulatory findings?
  • Has your AML Model been recently validated?

The Action

  • We partner with our clients, providing technically proficient experts and cost-effective solutions in order to mitigate compliance risk in today’s heightened regulatory environment.

The Impact

  • Exceed key stakeholder expectation
  • Improve relationships with regulators by complying fully with regulations
  • Reduced regulatory scrutiny
  • Enhanced internal controls
  • Greater risk optimization / mitigation
  • Improved cost / benefit results
Sanjay Marwaha

Sanjay Marwaha

Managing Director
Global Practice Leader
Risk & Regulatory Advisory
585-721-9399

Sanjay has extensive experience in professional services including internal audit, regulatory compliance, ERM, IT, blockchain, strategy and performance improvement. Prior to Accume, Sanjay held senior leadership positions at PwC and BDO.

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