Has anyone completed a formal Risk Assessment? How do begin?
Have you implemented these procedures in your policy?

We are in the currently in the process of completing a formal assessment by an external person. He is using the OCC Internal Control Questionnaire and Verification Procedures with management to conduct their portion of the assessment. We have not started the departmental observation yet.

Also each time I perform a specific audit, I try to conduct a "small" risk assessment for that specific area, service, product, etc.

Hope this helps.

Opinions are mine not my employer

And so..., the Compliance Officer/Consultant/Examiner Full Employment Act (COCEFEA) is well underway....

Okay - who want's to re-allign the above acronym to spell COFFEE which is something I'm apparently going to needs lots of from now on...

How about - Compliance Officer Federal Full Employment Edict?

I know I am extremely dense, but I do not get your responses. I am sorry. Would you please explain it to me John? If it is a joke, those usually take me a while too.

Requests are mine not my employer.