Independent files review
e) Independent files review
An independent assessment / review of the client files help in identifying the gaps and taking preventive & corrective measures before it is too late. Our team reviews the files with an investigative audit process and raises red flags, if any.
The process involves a thorough screening to check the process followed, background profile of the customer and various external/internal employees involved in processing of facilities.
Why independent review?
- To check the controls in place and ensure that the controls are effective.
- To closely monitor the various functional units of the bank and ensure that the process is followed as per the Regulator & bank’s guidelines, policies and procedures.
- To minimize the chances of fraud.
