Commercial & Retail Banks

SolomonEdwards Banking & Financial Services (B&FS) practice has proven success in planning and executing complex initiatives for large regional, national and international commercial banks. Our B&FS senior leaders possess deep business line expertise in commercial and retail banking, and work to carefully select and field the optimal resources required to complete projects on time and within budget.  We possess the resources and experience that banks need to address non-routine, highly specialized actions, including:

  • Compliance and Regulatory Response
    • Bank Secrecy Act (BSA)/ Anti-Money Laundering (AML) Readiness Exams
    • Fair Lending/CRA
    • Consumer Compliance
    • CFPB
    • Assistance with remediation in response to PCAs, MRAs, MOUs or C&Ds
  • Financial and Accounting
    • Purchase Accounting (Day 1 and Day 2)
    • Loss Share Accounting and Reporting
    • Loan Accounting Assistance
    • Accounting Operations Assistance
    • Reconciliation Assistance
    • Financial, Regulatory and/or SEC Reporting Assistance
  • Business Process Improvement (BPI)
    • Close Faster Initiative
    • System Optimization
    • Optimizing Profitability through Re-Engineering
  • Credit Risk
    • Loan Review
    • Due Diligence/Portfolio Review
    • Asset Management Support
  • ERM and Corporate Governance
    • ERM Assessment
    • Controls and Key Risk Indicators
    • Controls and Transaction Level Testing
    • Internal Audit – Outsourcing and Co-sourcing
    • SOX and FDICIA Compliance
    • External Audit Readiness
    • Business Continuity
  • PMO/Transformation
    • PMO Start-ups
    • Program and Project Management
    • Project Resources Augmentation
  • Mergers & Acquisitions Support
    • Purchase Accounting (Day 1 and Day 2)
    • Loss Share Accounting and Reporting
    • Due Diligence
    • Valuations and Re-valuations
    • Post-Acquisition Integration/Conversion
    • Asset Management Support