Hello; I would like to first say, my questions are more prominent with the new regulatory changes coming....I have been the internal auditor for several years at a bank about 160m in assets. In May 2012 management added 'Compliance officer' to my responsibilities. The person who had compliance before me was also the Loan Operations Officer. I am having trouble getting the loan department to recognize that I am not head of operations, just compliance. I know I must keep my independence as auditor and would like some suggestions on how others implement regulation changes without crossing the line into operations. I am having an outside auditor perform all the compliance audits.
Thanks for all who reply!