HIGH RISK REVIEWS

We support financial institutions in identifying and defining high-risk customers, products, services, and geographic exposures in alignment with regulatory expectations and internal risk appetite. This includes reviewing your risk assessment criteria, customer segments, transaction patterns, and industry-specific vulnerabilities. Our process ensures that high-risk classifications are accurate, consistent, and defensible during audits or examinations.

For institutions requiring deeper validation, we conduct on-site reviews to evaluate the effectiveness of controls applied to high-risk customers and business lines. This includes walkthroughs with staff, sampling of customer files, reviewing EDD processes, assessing ongoing monitoring procedures, and evaluating escalation practices. Our on-site approach provides real-time insights into operational gaps, training needs, and process inefficiencies that may not be visible through documentation alone.

Following the review, we deliver clear, regulator-ready documentation that outlines findings, control gaps, and prioritized remediation steps. Reports include assessments of customer risk classification accuracy, quality of EDD files, transaction monitoring outcomes, and alignment with regulatory standards. We also provide actionable recommendations, updated procedures as needed, and optional follow-up reviews to validate implementation.