When you’re under a consent order, it creates enormous pressure. Your board of directors isn’t happy, and you’re under a strict timeline. It feels like everything is working against you.
When you’re remediating and validating a consent order, there’s no room for error. You’re on a rigid timeline, and the wrong solutions will cost you time, money, and effort – all without fixing anything.
We work closely with regulators, and we understand their expectations. If we don’t believe regulators will pass something you’ve fixed, we won’t validate it either.
You need a validation team that understands what’s at stake, knows what regulators want to see, and – most importantly – finds the right answer. We’ll stand up and show regulators and stakeholders that the work got done.
You can’t just throw people at a consent order validation project. You need experienced professionals who’ve done this work before and know what it takes.
We put the best specialists where they’re needed and give them the resources and supervision they need to get the job done.
Consent order validation takes an incredible amount of project management to accomplish. We’ve got the experience and expertise to create detailed, comprehensive project plans that address a consent order on a sentence-by-sentence basis.
We listen first
When we first meet with you, we don’t treat it as just a supplementary staffing engagement. We take a deep dive into your methodology, processes, and problems. Then, we design a strategy with you in mind.
We help you find answers
After the first planning meeting, things will start changing. We’ll find the gaps and recommend solutions, and you’ll know you’re on the path to earning back trust.
We validate the work
After one cycle of testing, you’ll see progress toward validation and know you’ve got the right provider. That’s when you’ll realize an accurate, pain-free consent order validation really is possible.
We validate other regulatory responses, too.
Cease and desist order
Memorandum of understanding
Matter requiring attention
Matter requiring immediate attention
Deferred prosecution agreement
Civil monetary penalty
A consent order is high priority, so you need experienced professionals who are self-managed and know exactly how to get the validation process underway. We can deliver using a co-sourced or fully outsourced approach.
Your stakeholders will see you fixing problems and restoring confidence.
We’ve gone through the regulatory response process many times, and we have experience working with every line of defense for successful consent order validation. We can infuse the talent and structure you need to start addressing your issues now.
Remediating a consent order and validating the fixes is a big win, but there’s always another enforcement action around the corner unless you understand how and why you got into trouble.
We don’t just validate – we discover the reasons things went wrong, and we make practical recommendations that help you fix them.
Successful validation requires deep internal audit expertise and regulatory awareness. We bring those resources and apply a forward-looking mindset to help you stay in compliance and reduce the risk of future regulatory issues. And if you need us again, we’ll be standing by at the ready.
The most common question we get asked after a consent order validation project is, “Can you stay?” Our clients tell us they’re grateful for the trust we help them restore and the peace of mind that comes with a rigorous, dependable validation consultant.
Let’s schedule a meeting. By the end of the first planning session, you’ll understand the deep experience and insight we bring to remediation and validation.
Our latest thinking
Internal audit can add value under a bank consent order
Get your consent order process back on track
Surviving a consent order as an internal auditor
Risk and compliance professionals are tired of being glorified admins — here’s how to set them free
GRC technology can boost your confidence, but only when it’s tailored for you
Blockchain and Internal Audit