Continuity of the permanent control framework

A subsidiary of a French banking group, this company expert in securities services and life insurance (custody and account keeping, order execution, asset-liability management) faces the departure of a key member of its permanent control team.

While recruiting a replacement, the head of internal control must guarantee the continuity of a framework tightly governed by French banking regulation (the amended order of 3 November 2014).

An interim manager specialising in permanent control in banking and insurance is mobilised in under a week, full time for 3 months: performing second-level controls across all services, updating the operating procedures, preparing the deliverables for client audits and the statutory auditors, contributing to the risk map and to the reporting to effective senior managers and the supervisory body.