THE AML COMPLIANCE SOLUTION

THE AML COMPLIANCE SOLUTION

THE AML COMPLIANCE SOLUTION

COMPLIANCE RISK GROUP delivers comprehensive consulting from a group of professionals with advanced degrees with excellent communication and writing skills. We learn financial institutions quickly and instantly improve the Client’s Compliance and AML Program.

 

ENSURE ADEQUATE POLICIES AND PROCEDURES

After a clear understanding of the organizational structure of the client, COMPLIANCE RISK GROUP performs an initial assessment of all policies and procedures to ensure all rules and regulations are addressed, and there are no gaps based on the institution’s lines of business.

 

PERFORM GAP ANALYSIS 

Once gaps are identified, issues are quickly remedied and updated accordingly in the respective policy or procedure. Changes are clearly communicated throughout the organization and training is performed as needed.

 

CONDUCT AML TESTING

Compliance and AML Testing is essential to determine whether procedures are effective and efficient. The Compliance and AML programs must be supported by testing which can minimize audit issues and improve the reputation of the Compliance and AML department.

 

COMPREHENSIVE FEATURES FOR AML COMPLIANCE

Anti-Money Laundering Services

COMPLIANCE RISK GROUP’s consultants provide a wide array range of consulting services that are designed to apply Compliance and AML consulting solutions to various organizational structures, business lines, geographic markets, and regulatory situations. We believe in being preventive in our approach by creating best practices and thinking outside the box rather than reactionary remediation.

 

AML Operations, Investigations & Remediation Services

Operations

Transaction Monitoring

Transaction Monitoring Scenario Review

Alert Clearance

Customer Due Diligence

High Risk Account Enhance Due Diligence

 

Investigations

AML Investigations

International Enhanced Due Diligence (Background/Reputation, Source of Wealth, Beneficial Ownership, PEPs, and Patriot Act Certificate Review)

 

Remediations

Look-back of Transactions

Customer Identification Program | Know Your Customer | Customer Due Diligence | Remediation

Account Re-Profiling

 

AML Risk Advisory & Consulting Services

Program Design

AML Program Methodology & Implementation

AML Risk Assessment

AML Metrics & Reporting Design

Merger | Acquisition Due Diligence and Reputation Risk Assessment

Customer Risk Assessment Model Design or Review

Customer Risk Rating Assessment and Review

Program Examination, Testing, Remediation

Regulatory Enforcement Order Remediation

Independent AML Program Audit & Testing

Offshore Bank AML Reviews for US Counterparties

Mock Exam

AML Exam Action Plan Management & Tracking, Execution and /or Response

 

Program Component Enhancement 

Offshore subsidiary KYC File Review

OFAC Program Review

Trade-based AML/OFAC

Account Opening and Renewal Process Design & Standards

Policy & Procedure Development | Implementation | Review

Management & Employee Training Design and/or Delivery

File Review Procedures & Templates

RFI Process Design, Procedures, & Metrics & Reporting

QC & Testing Program Design

SAR Workflow, Quality, & Data Analysis