Bank IT Audit Services
We at A Rehan & Company are aware of Bank IT Audit Services difficulties that community banks face when conducting bank IT audits. In most circumstances, it is prohibitively expensive to employ staff to handle the entire spectrum of regulatory obligations, and it might be challenging to find skilled auditors.
We have developed an extensive range of bank IT audit services, including compliance audits, loan reviews, information systems audits, internal audits, and more, to assist our customer banks in fulfilling the requirements set forth by their boards of directors and regulators to establish and maintain a high-calibre independent audit function.
Our audit services are delivered by competent, experienced employees who only focus on financial institutions and who provide unbiased, in-depth evaluations. Additionally, we design unique audit schedules based on the requirements and risk tolerance of every bank.
Our Bank IT Audit Services
Our mission at CA Rehan & Company is to relieve community banks of the stress of regulatory compliance while consistently producing dependable, excellent outcomes. We provide:
1. Internal Auditing
A Rehan & Company provides continuing, customized internal audits to banks that are customers and shareholders. We assess internal control systems and use established risk-based methods to comply with internal audit regulatory obligations.
Our internal audit services are top-notch, turnkey solutions offered by staff members with extensive experience and understanding at A Rehan & Company.
Our internal audit services include:
- Evaluation of the policies and practices in place
- Important internal control testing
- cooperative cooperation in problem-solving
- reports on audit results to the board audit committee and management
- collaborating with regulatory bodies and independent CPAs
Ongoing risk-based internal audits in areas to include:
- Accounts Payable, Fixed Assets, and Other Balance Sheet accounts
- Deposits
- Loan Controls
- Due from Banks
- Automated Clearing House (ACH)
- Investments
- Payroll
- Remote Deposit Branch Capture
- Retail Teller Function
- Wire Transfer
To specifically address the needs of our customer banks, we also offer additional specialty bank IT audit services.
Features and Benefits
- releases necessary staff from this labor-intensive yet essential task
- finds weaknesses and fixes them to prevent regulatory scrutiny
- creates an audit program to maintain a sufficient control system to meet regulatory requirements.
2. IS Auditing
A Rehan & Company provides community banks with up-to-date technology tools and assessment processes to help them better understand and manage cybersecurity. Our team of qualified auditors oversees turnkey audits per the FFIEC Information Technology Examination Handbook and has vast experience in bank IT audit services.
Our IS audit services include:
- Evaluation of the policies and practices in place
- Important internal control testing
- collaborating with regulatory bodies and independent CPAs
- Examining the overall IS controls
- Program change control and acquisition technique
- Evaluations of network vulnerabilities, both internally and externally
- Online and Mobile Financial Services
- Security by ACH and wire
- Physical safety
- Network and Logical Security
- Business continuity and disaster recovery
- Compliance reports for general controls and network vulnerability assessments under the Gramm-Leach-Bliley Act
- Awareness of cybersecurity Independent assessments of internal and external vulnerabilities, along with a thorough management summary
To specifically address the needs of our customer banks, we also offer additional specialty audit services.
Features and Benefits
- Offers a neutral evaluation of your environment's dependability and integrity
- Determines problems relating to technology and suggests solutions
- Guarantees that appropriate controls and management oversight are in place.
3. Social Engineering
Information security policies and practices are analyzed through social engineering assessments offered by A Rehan & Company. To verify adherence to corporate policies and industry standards for privacy and security, we assess processes, find flaws in them, and offer correction assistance.
Our auditors advise staff members on the best ways to guard against data breaches while maintaining the kind of customer service that sets your organization apart from its competitors.
Social engineering services include:
- On-site evaluation, which includes password security procedures and measures to stop unauthorized software from being installed.
- Comprehensive report on the evaluation results.
- Information security policy evaluation includes suggestions for revisions and adjustments.
- An evaluation of the security of both internal and external networks.
- Training for business continuity.
- Personalized security assessments and personnel evaluations.
Features and Benefits
- Economic assessment of staff members' information security expertise.
- Independent, unbiased assessment of information vulnerabilities and dangers, together with suggestions for enhancement.
- Advice for staff members on what data and systems need to be safeguarded and how to do so.
You can also check out Internal Audit Services in Noida.
