by Radhika Dholakia-Lipton | Sep 2, 2024 | RADD BUZZ
Jump to section Toggle Top Supervisory Items for 20241.1 Credit Risk Management, Particularly in CRE Portfolios1.2 Market and Liquidity Risk1.3 Risk Management InfrastructureKey Supervisory Findings2.1 IT/Operational Risks2.2 Risk Management: Insufficient Internal... 
by Radhika Dholakia-Lipton | Aug 31, 2024 | RADD BUZZ
Jump to section Toggle Understanding Internal AuditsThe key objectives of internal audits in financial institutions include:The Role of Internal Audits in ComplianceHow Internal Audits Ensure ComplianceExamples of Compliance Areas Typically Reviewed in Internal... 
by Radhika Dholakia-Lipton | Aug 31, 2024 | RADD BUZZ
Jump to section Toggle Understanding Financial FraudA. Common Types of FraudB. Red Flags and Indicators of FraudThe Role of Internal Audits in Detecting FraudA. Risk Assessments and Fraud DetectionB. Evaluating Internal ControlsC. Transaction Testing and Data... 
by Radhika Dholakia-Lipton | Aug 31, 2024 | RADD BUZZ
Jump to section Toggle The Evolving Regulatory LandscapeA. Overview of Recent Regulatory ChangesB. The Importance of Staying AheadThe Role of Internal Audits in ComplianceA. Identifying Regulatory GapsB. Strengthening Internal ControlsC. Enhancing Risk... 
by Radhika Dholakia-Lipton | Aug 31, 2024 | RADD BUZZ
Jump to section Toggle The Role of FFIEC Compliance in BSA/AML ProgramsEssential Resources for Effective BSA/AML ManagementCommon Challenges in Meeting FFIEC ExpectationsThe Consequences of Non-ComplianceBest Practices for Ensuring ComplianceHow RADD Can... 
by Radhika Dholakia-Lipton | Aug 23, 2024 | RADD BUZZ
Jump to section Toggle Key Considerations in Selecting an Audit FirmWhat Makes an Audit Program EffectiveConclusion Selecting the right Audit Firm is one of the most crucial decisions an institution or fintech company can make. The audit firm you choose will not only... 
by Radhika Lipton | Aug 22, 2024 | RADD BUZZ
Jump to section Toggle Understanding the Purpose of an Effective RFPTips for Writing a Clear and Concise RFPCommon Mistakes to AvoidReviewing and Finalizing Your RFPDistributing the RFPHow RADD Can HelpConclusion When it comes to internal audits, the selection of the... 
by Radhika Dholakia-Lipton | Aug 22, 2024 | RADD BUZZ
Jump to section Toggle Understanding Counterfeit Check FraudHistorical TrendsCommon Issues in Counterfeit Check FraudKey ChallengesRegulatory PressureThe Role of Technology in Counterfeit Check FraudSteps to Reduce Counterfeit Check FraudRegulatory Compliance and... 
by Radhika Dholakia-Lipton | Aug 22, 2024 | RADD BUZZ
Jump to section Toggle The Role of Risk Assessments in Internal AuditsWhy a Thorough Risk Assessment is VitalHow to Craft an Internal Audit Risk AssessmentStep 1: Defining the Scope and ObjectivesStep 2: Information GatheringStep 3: Risk IdentificationStep 4: Risk... 
by Radhika Lipton | Aug 22, 2024 | RADD BUZZ
Great News! ???? We are thrilled to announce that RADD LLC has been selected to partner with an $810M Credit Union to conduct a special review of their consumer lending portfolio. Our focus will be on analyzing and enhancing practices related to defaults, ensuring...