Compliance Risk Assesments

All financial institutions have some level of risk to money laundering, terrorist financing, or financial fraud. The cornerstone of any good anti-money laundering (AML) compliance program is an assessment of these risks in order to develop strategies to manage and mitigate them. The principle of the risk-based approach is that resources are directed congruently with priorities so that the greatest risks receive the highest attention. Deploying an extensive team of experienced consultants, Chartwell can either create a new BSA/AML or Office of Foreign Assets Control (OFAC) risk assessment or assess the effectiveness of an existing BSA/AML or OFAC risk assessment

PORTFOLIO ASSEMENTS DUE DILIGENCE REVIEWS

Chartwell Compliance performs assessments of loan portfolio quality and safety and soundness, reviews commercial, consumer, and mortgage loans for credit quality, documentation exceptions, compliance with the bank’s loan policy, and compliance with banking laws and regulations. Chartwell’s expertise helps bank executives manage loan portfolios in the face of evolving markets, loan competition, and examination stressors.

When conducting a loan review, Chartwell assesses the overall quality of the loan portfolio. We measure collateral, grade loans, validate allowances, and stress test portfolios. The final segment of our engagement includes the analysis of loan loss reserve adequacy.


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