Many institutions maintain internal audit or compliance audit functions but require additional subject matter expertise or bandwidth to meet regulatory expectations. TCA provides co-source audit support that integrates with existing structures and maintains independence.
We partner with your team to supplement internal audit capabilities, bringing compliance expertise and efficiency to co-source audit activities that strengthen program controls and reduce risk.
Flexible Audit Support
Co-sourcing may include:
- Annual compliance audit planning
- Topic-specific regulatory audits
- Policy and procedure alignment
- Testing and documentation support
- Exception validation and remediation follow-up
- Reporting for management and the board
Why Institutions Utilize Co-Source
Common drivers include:
- Limited internal staffing capacity
- Independence requirements
- Exam-driven remediation
- New product or system rollouts
- Increasing regulatory scrutiny
Reporting & Communication
TCA provides clear reporting designed for:
- Management teams
- Audit committees
- Boards of directors
- Examiners
- External audit partners
Additional Fair Lending Topics
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Fair Lending remains a hot topic with regulators and special interest groups. During 2023, our clients experienced heightened scrutiny around identifying patterns of disparity that could result in discrimination allegations and enforcement actions. Review the five key issues clients have faced and consider evaluating them at your institution. TCA provides A Better Way to help […]
