Audit & Compliance Readiness: Be Ready Before They Ask

Regulators, auditors, and customers are raising the bar. Whether it’s a Federal Reserve Bank exam, a SOC 2 audit, or a third-party risk assessment, CipherNorth helps you find what they will — before they do.
We identify gaps early, guide remediation, and strengthen your program so that when oversight comes, you’re ready with answers, evidence, and confidence.

Our Approach

We don’t believe in checklist compliance.
CipherNorth combines decades of enterprise experience with regulatory insight to help you operationalize compliance — embedding readiness into day-to-day operations instead of scrambling at audit time.

We help you:

  • Stand up and operationalize a Third-Party Risk Management (TPRM) program
    Build a defensible program from policy to vendor inventory, risk scoring, and continuous monitoring.

  • Review and optimize existing programs
    Assess control maturity, automate manual steps, and align your program with frameworks like NIST, ISO, FFIEC, and SOC 2.

  • Prepare for regulatory exams
    We conduct pre-exam readiness reviews modeled on OCC, FDIC, and Federal Reserve expectations — ensuring leadership knows what’s coming and how to respond.

  • Perform internal audit pre-reviews
    Identify likely findings before your auditors do. Our objective analysis helps you remediate early and improve audit outcomes.

  • Train and align stakeholders
    From board members to control owners, we help everyone understand their roles and evidence requirements.

Engagement Options

1. Readiness Review
A point-in-time review of your current controls, documentation, and evidence to benchmark against regulatory expectations.

2. Program Enhancement
We design or strengthen your risk and compliance program - from policy design to evidence automation.

3. Audit Companion
Work alongside your internal audit or regulatory exam team to support evidence collection, control mapping, and issue remediation.

You’re facing an upcoming FRM or OCC exam ➜ We perform pre-exam readiness review, identifying gaps and preparing executive talking points.

Your TPRM program is underdeveloped. ➜ We help you design and operationalize vendor intake, risk tracking, and monitoring workflows.

You’ve received an MRA or audit finding. ➜ We validate the response plan and help document sustainable remediation.

You’re preparing for a external audit. ➜ We help you map controls, review evidence, and align your program to auditor expectations.

Why CipherNorth

  • Experience with banking and regulated industries - including direct collaboration with Federal Reserve, OCC, and state examiners.

  • Integrated expertise - we unite security, risk, and compliance disciplines under one strategy.

  • Actionable guidance - not reports that sit on a shelf; every engagement includes prioritized next steps.

  • Independence you can trust - as an external advisor, we bring the credibility regulators expect and the context your teams need.