Bank Compliance
Baker Tilly’s Compliance+ suite of services enables financial institutions to streamline regulatory processes, eliminate inefficiencies and achieve compliance with BSA, AML, CECL, ALM and cybersecurity solutions.
Bank Compliance
Benefit from a comprehensive approach to compliance and risk advisory solutions for financial institutions, including the banking, capital markets, specialty finance, fintech and mortgage sectors
Baker Tilly’s Compliance+ team provides a suite of services designed to streamline your bank’s regulatory processes, eliminate inefficiencies and connect your compliance needs. Our team specializes in areas including Bank Secrecy Act/Anti-Money Laundering (BSA/AML), asset liability management (ALM), fair lending and current expected credit loss (CECL). Save time and address emerging risks with our industry-specialized internal audit services.
Delivering value to your organization beyond simply satisfying your regulatory requirements
Break free from the banking compliance silos to reduce redundancies, inconsistencies and inaccuracies in your banking regulatory frameworks. Baker Tilly leverages a consistent data source to navigate the ever-changing regulatory environment, ensuring your compliance models are robust and reliable. Mitigate risk and maximize transparency across your compliance needs with our consistent data source, providing your board and management teams with the confidence they demand.
Our services
Baker Tilly’s Compliance+ team of industry professionals brings accounting, compliance and modeling experience that will optimize your internal controls processes, allowing you to leverage resources — people, time and budgets — more efficiently and effectively.
CECL
Baker Tilly CECL specialists navigate the complexities of current expected credit losses (CECL) with a flexible approach and full suite of services, including implementation, model validation and outsourced third-party modeling.
BSA/AML
At Baker Tilly, we assist clients in responding to and mitigating damages from suspected fraudulent activity, as well as help clients design the structure and validate the models used to prevent the problem.
Our anti-money laundering (AML) programs are designed to protect organizations that are subject to Bank Secrecy Act (BSA) regulations. This includes financial institutions, as well as a wide range of cash intensive nonbank financial institutions, from real estate lawyers to jewelers to casinos.
ALM
Baker Tilly’s complete asset-liability management (ALM) solution includes model validation, scenario modeling, financial projections and stress testing to address all asset life cycle stages and provide clients confidence in the data on which critical business decisions are based.
Liquidity
Our financial services professionals help institutions evaluate their liquidity under various market scenarios. Results can range from identifying excess liquidity to insufficient liquidity. It’s critical for an institution to know where it falls. We can assist in implementation or validation of liquidity models.
Internal audit
Leading financial services organizations view internal audit as a catalyst and valued partner, challenging the status quo and proactively identifying and focusing on emerging risks. Baker Tilly’s internal audit approach embraces agile principles and operates at the forefront of change and disruption. We support Federal Deposit Insurance Corporation Improvement Act (FDICIA) independent audit and control evaluation requirements and streamline Sarbanes-Oxley Act (SOX) readiness through efficient control testing and documentation. Our team brings innovative audit strategies and collaborates with management to identify and enhance operational effectiveness. We take a flexible, talent-driven approach that adapts to your organization’s evolving needs.
Model risk management
Financial services organizations subject to these various regulations are also managing multiple models, calculations and data sets. Baker Tilly’s data specialists help clients streamline processes and build greater efficiency and accuracy in their model management. Our team goes beyond basic compliance by applying customized solutions not only support regulatory requirements but also to optimize your compliance needs, ensuring alignment with FDICIA’s internal control and validation standards.
Alphabet soup of regulation
Regulatory requirements seem to grow in numbers every day, and their various acronyms share a striking resemblance to alphabet soup but are far less appetizing. Baker Tilly’s Compliance+ solution helps clients manage federal regulations, improve governance and leverage the data for critical business decisions.
Cybersecurity
Baker Tilly’s cybersecurity and third-party risk management team is dedicated to helping bankers achieve and maintain compliance. Our comprehensive cybersecurity services are designed to protect your bank's data and technology infrastructure, shielding you from cyber threats and ensuring data integrity. Ensure strong compliance framework while navigating regulatory requirements confidently.
