MULTINATIONAL BANK

Context

RUSSELL BEDFORD ASSURE AUDIT ACTIONS

• A government owned bank approached us to carry out a compliance analysis and checklist.
• The assignment also covered the risk assessment of their primary activities.

• We leveraged our existing assets (CBB guidelines, Interview questionnaires, templates, and reporting required) to identify key areas of risk and perform in depth analysis of their operations to identify areas of gaps.
• We also reached out to industry leaders in Bahrain to find out key information not publicly accessible that helped us develop a framework to analyze the operations to narrow down the gaps in their operations.
• We also conducted working sessions with the client to help them adapt to the compliance requirements of CBB.

CLIENT IMPACT

• Our analysis helped us identify key areas of risks. We were able to suggest mitigation strategies as per the CBB governance
• Our recommendations helped the client see positive changes in their services and operations