Our client faced increasing volume and complexity of regulatory and compliance requirements across the financial services sector, as well as an internal restructure. They required immediate specialist assistance across several of its compliance functions in order to meet pressing internal and external deadlines.
By spending time with the client and meeting key stake holders, we were able to understand their needs and quickly embed a team of five compliance specialists. With senior experience across relevant areas of the retail banking market, they were able to provide critical advice and support from within the organisation. They performed key tasks, such as drafting frameworks, building breach reporting mechanisms, drafting risk/audit reports and designing training programmes for roll outs within the wider compliance function. The client had both the short and long term benefits of this expertise being delivered by professionals immersed within their team and organisation.
Our client was extremely pleased with a number of successes:
- the speed with which we were able to embed our team within the function;
- the relevance and level of technical and commercial experience our team was able to bring to the table;
- the flexibility which allowed our client to utilise the team to provide maximum commercial benefit; and
- the continual ongoing communication between our client and our client solutions function to ensure that the team was delivering everything possible to the client.