Posted By: Rachel G.
Compliance/Audit Schedule - 01/13/21 11:21 PM
Would anyone be willing to share your list of internal/external audits? We are $250M and I am new. We are auditing wires and RDC annually. At my last shop, we didn't audit our wires... we could have been wrong but I am curious about what other's are doing?
How are you auditing your deposit compliance?
What about internal controls? It seems to me that the branch audits would cover this...
We are also 'auditing' social media quarterly... what are you doing here?
I am used to regular reviews rather than a large annual audit. For example, new account audits. I would review them regularly (quarterly-puling accounts at random) and that was that. The examiner would come and do their thing and we were good.
Thank!
How are you auditing your deposit compliance?
What about internal controls? It seems to me that the branch audits would cover this...
We are also 'auditing' social media quarterly... what are you doing here?
I am used to regular reviews rather than a large annual audit. For example, new account audits. I would review them regularly (quarterly-puling accounts at random) and that was that. The examiner would come and do their thing and we were good.
Thank!