Preparing for Regulatory Reporting with GRC Oversight
Preparing for Regulatory Reporting with GRC Oversight
2 PagesThe Opportunity. A top 10 US Bank’s Credit Card division needed to shift operating controls oversight to its Governance, Risk Management, and Compliance (GRC) organization. This strategic transition would facilitate regulatory reporting as mandated by the Federal Office of the Comptroller of the Currency (OCC). The Obstacles Because the client team was moving controls ownership to the GRC for the first time, no formal process existed to
