ACA Compliance Group (“ACA”) has expanded its consulting services that will help banks engaged in asset management activities manage risk and meet growing regulatory expectations. The bank asset management consulting services practice is overseen by former bank examiner, Roy Kim.
ACA’s Services for Bank Asset Managers
ACA provides bank asset management groups who are engaged in trust, custody, and investment management activities with risk, compliance and internal audit consulting services leveraging techniques used by banking regulators and industry leaders. ACA specializes in asset management, and its true value and competitive advantage is the breadth and depth of expertise at all levels of the firm including prior regulatory experience at agencies like the Office of the Comptroller of Currency (OCC), Department of Labor (DOL) and Securities Exchange Commission (SEC).
ACA helps internal audit departments maintain their stature and credibility within their organizations by lending our experienced consultants to execute audits, including required annual fiduciary reviews. Our solutions fit any phase of the audit process including planning, fieldwork, wrap-up and reporting. ACA also supports first and second line risk and compliance professionals by helping them efficiently and effectively manage risk, remediate issues, and more.
Roy Kim joined ACA in August 2018 from the Office of the Comptroller of the Currency (“OCC”) where he was a bank examiner supervising the asset management activities for national banks and trust companies. In his role at the OCC, Roy managed supervisory activities for a portfolio of banks; led examinations; and provided comprehensive evaluations of risks and controls. Roy also played a leading role in designing regulatory technology for examiners to more efficiently and effectively supervise asset management activities.
Roy has worked closely with the leaders of ACA’s diversified financial practice, Jack Rader and Charlie Stout; and leveraged his public and private sector experiences in internal audit, consulting, compliance, and risk management to expand ACA’s thought leadership and consulting solutions for banks.
About ACA Compliance Group
ACA Compliance Group (“ACA”) is a leading provider of governance, risk, and compliance advisory services and technology solutions. We partner with our clients to help them mitigate the regulatory, operational, and reputational risks associated with their business functions. Our clients include leading investment advisers, private fund managers, commodity trading advisors, investment companies, broker-dealers, and domestic and international banks. ACA is based in New York City and has offices in London, Hong Kong, Malta, and other U.S. cities.
For More Information
For media inquiries, please contact Krissy Kennedy at +1 (857) 214-1740.
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