Banks & Building Societies

Our team have many years of experience working with the financial services sector; including with banks and building societies as out-sourced providers and in-house audit team members.

Our team have worked with: 

• Banks

• Challenger Banks

• Building Societies

Our team are familiar with the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) requirements and have been directly involved in representing clients during regulatory visits.

Customers are demanding more choices and options, including personalisation, faster solutions, self-service, and the ability to conduct transactions anytime and anywhere; the pandemic escalated the pace of uptake of digital services and has changed the traditional approach to banking forever. 

Most traditional UK banking brands have progressed a policy of consolidating branch networks, whilst new entrant challenger banks have both broadened the digital offer and rolled out new high street branches with longer opening hours.

Our team are experienced in the breadth of activity including governance, risk management, compliance, financial, human resources, operations including counter services, savings, loan administration and underwriting, mortgage administration and underwriting, card services, digital, counter fraud, performance / quality data sets and cyber.

As professional internal auditors, we recognise and deliver services which are aligned to the Institute of Internal Auditors (IIA) International Professional Practice Framework (IPPF) and specifically the IIA Financial Services Code of Practice.

Our objective is simple we want to assist every client to better manage risk, improve their service offer and quality to customers, and optimise their performance.

We can work with clients on various levels ranging from one off consultancy, through to co-sourced or fully outsourced internal audit solutions.

Our team are supported by our network of Strategic Business Partners.