Independent Reviews

As one of the key elements of the 4 pillars of Compliance, Independent Reviews are crucial to your institutions foundation. To build a stable home, you need a strong foundation. How can you develop a strong foundation? Through a clear and comprehensive understanding of your organization's structure and risk exposure.

Let our team of former Chief Compliance Officers and BSA Officers review your institution and give you the advise you need to create a more robust Compliance foundation. 

"There is only one boss. The customer." - Sam Walton

BSA/AML Independent Reviews

Banks, MSBs, Casinos, & Fintech

We provide comprehensive reviews to Banks, Credit Unions, MSB's, Cryptocurrency and Fintech Industry. Our review process provides a fair and unbiased appraisal of each of the required elements of the financial institution’s anti-money laundering program, including its Bank Secrecy Act-related policies, procedures, internal controls, record-keeping and reporting functions, and training. The review includes testing of internal controls and transactional systems and procedures to identify problems and weaknesses and, if necessary, recommend to management appropriate corrective actions.

The review also covers all of the anti-money laundering program actions taken by - or defined as part of the responsibility of - the designated compliance officer. These actions include, for example, the determination of the level of money laundering risks faced by the institution, the frequency of Bank Secrecy Act anti-money laundering training for employees, and the adoption of procedures for implementation and oversight of program-related controls and transactional systems.

Mortgage Loan Reviews

Vanguard Strategic Resources maintains an experienced team of mortgage loan consulting professionals who have gone through extensive credit training and are highly proficient in all facets of mortgage loan compliance, review, and re-structuring.  Our team works extensively with Community, Regional, National, Money-Center, and Foreign banks.  

 

Our leadership team has served financial institution clients for over thirty years. 

 

We are able to perform quality assurance reviews, completes compliance checklists and transfers HAMP records. Our analyst use strong technical skills coupled with a solid mortgage background to provide quality assurance for various loan administration functions including reporting. 

Consumer Credit Review Services include:

 

  • “TRID” (TILA RESPA Integrated Disclosures)

  • “HMDA”  (Current as well as CFPB Reg. “C” – effective 1-1-18)

  • Curative Title Work

  • Agency Delivery Services

  • Customer Due Diligence on Loans

  • Re-Underwriting

  • Forensic Analysis

  • Regulatory Compliance

  • Loan & Servicing Surveillance

  • Escrow & Fiduciary Account Analysis

  • Truth in Lending Analysis

  • Amortization Analysis

  • Real Estate Asset Laundering Reviews

Regulatory Compliance Reviews

Our Independent Review is an objective, relatively holistic review of your institution’s compliance program. It includes discussions with compliance teams, management, and employees to determine if practices meet the needs of the organization and comply with all federal and state regulatory requirements.

Our job is to look at the present and towards the future to ensure all activities are carried out in accordance with written policy and procedures, while also being aligned with regulatory compliance requirements. We provide advice, training, and collaboration to ensure that the client understands and implements specific regulatory requirements that work within the existing business process and organization.

Our Independent reviews tend to focus on the operations (e.g. policy, procedures, process) to determine if and ensure that they comply with the institution's policy and federal and state regulatory compliance regulations.

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