Regulators are increasingly recommending lending institutions engage a third party to review loans. For many institutions, loans represent the largest balance sheet risk.
Therefore, it is essential that compliance with lending and underwriting policies and procedures including documentation, risk ratings, credit administration, collateral, and general industry practices are in place. A third-party review ensures an objective review of your organization’s loan portfolio that includes adherence to and validation of policies and methodologies.
The professionals at CFO Systems possess a high level of industry and regulatory knowledge that can not only satisfy regulator’s requests, but also help your institution understand what examiners are looking for, how to implement and maintain strong industry practices, identify methods to improve the lending function, and train employees on procedures and regulatory input and compliance.
The CFO Systems team is comprised of former CFOs, controllers, audit directors, finance managers, and human resource experts. The depth of knowledge, education and experience provides our clients with access to reliable, objective leadership without the expense of an executive hire.