Consumer Financial Services Compliance
Are you keeping up to date with new developments and rising expectations in consumer financial services?
The face of consumer financial services regulation has changed dramatically over the past 10 years with the enactment of the Credit CARD Act, the Dodd-Frank Wall Street Reform Act, and the establishment of the U.S. Consumer Financial Protection Bureau (CFPB).
To keep up with today’s fast-paced and ever-changing regulatory environment, financial institutions must develop and maintain an effective consumer compliance program to mitigate risks and meet regulatory expectations. However, many financial institutions lack the resources needed to employ an effective consumer compliance program. That is where we can help. Our highly trained and experienced team has the expertise and experience to help you effectively address consumer compliance requirements.
Some of the many services that we can deliver include:
- Consumer Compliance Risk Assessments, Reviews and Audits
- Assistance with the development and implementation of a consumer compliance management system appropriate to the size, nature and complexity of your business
- Assistance with responses to the CFPB, state and other regulatory examination requests
- Comprehensive GAP Assessment covering each of the seven CFPB modules
- Creation of Policies, Procedures, and Process Maps and Flow Charts
- Documentation of processes, procedures and internal testing
- Assistance with the launch and management of a comprehensive, closed loop, consumer complaint management and reporting system
- Ongoing compliance support
- Testing of the infrastructure, scope and effectiveness of the Compliance Management System
- Issue Remediation, including resolution of issues cited in Internal Audits, regulatory examinations, and enforcement actions
- Compliance training and education
Our Professionals



Ivan A. Garces, CPA, CFF, CFE, CAMS
Principal- Chair Risk Advisory Services, Risk Advisory Services
Miami
He has extensive experience evaluating risk management programs, internal controls, Sarbanes-Oxley, anti-fraud and anti-money laundering programs, USA PATRIOT Act, Bank Secrecy Act, Office of Foreign Assets Control and Foreign Corrupt Practices Act compliance programs and assisting organizations …
Jason Chorlins, CPA, CFE, CAMS, CITP
Principal, Risk Advisory Services
Miami
He oversees anti-money laundering (AML) and Bank Secrecy Act (BSA) consulting engagements and assists financial institutions with transaction look-backs, risk assessments, BSA/AML/OFAC independent testing and customer due diligence reviews. He is an industry leader in assisting financial institution…
Sarah Fernandez, CIPP/US, CRCM
Director, Risk Advisory Services
Miami
Sarah leads and performs audits of financial institutions and has experience assessing financial institutions internal control environments through control and substantive testing. She provides services such as lending, deposit, and loan servicing compliance reviews, Community Reinvestment Act pe…



Ivan A. Garces, CPA, CFF, CFE, CAMS
Principal- Chair Risk Advisory Services, Risk Advisory Services
Miami
He has extensive experience evaluating risk management programs, internal controls, Sarbanes-Oxley, anti-fraud and anti-money laundering programs, USA PATRIOT Act, Bank Secrecy Act, Office of Foreign Assets Control and Foreign Corrupt Practices Act compliance programs and assisting organizations …
Jason Chorlins, CPA, CFE, CAMS, CITP
Principal, Risk Advisory Services
Miami
He oversees anti-money laundering (AML) and Bank Secrecy Act (BSA) consulting engagements and assists financial institutions with transaction look-backs, risk assessments, BSA/AML/OFAC independent testing and customer due diligence reviews. He is an industry leader in assisting financial institution…
Sarah Fernandez, CIPP/US, CRCM
Director, Risk Advisory Services
Miami
Sarah leads and performs audits of financial institutions and has experience assessing financial institutions internal control environments through control and substantive testing. She provides services such as lending, deposit, and loan servicing compliance reviews, Community Reinvestment Act pe…



Ivan A. Garces, CPA, CFF, CFE, CAMS
Principal- Chair Risk Advisory Services, Risk Advisory Services
Miami
He has extensive experience evaluating risk management programs, internal controls, Sarbanes-Oxley, anti-fraud and anti-money laundering programs, USA PATRIOT Act, Bank Secrecy Act, Office of Foreign Assets Control and Foreign Corrupt Practices Act compliance programs and assisting organizations …
Jason Chorlins, CPA, CFE, CAMS, CITP
Principal, Risk Advisory Services
Miami
He oversees anti-money laundering (AML) and Bank Secrecy Act (BSA) consulting engagements and assists financial institutions with transaction look-backs, risk assessments, BSA/AML/OFAC independent testing and customer due diligence reviews. He is an industry leader in assisting financial institution…
Sarah Fernandez, CIPP/US, CRCM
Director, Risk Advisory Services
Miami
Sarah leads and performs audits of financial institutions and has experience assessing financial institutions internal control environments through control and substantive testing. She provides services such as lending, deposit, and loan servicing compliance reviews, Community Reinvestment Act pe…



Ivan A. Garces, CPA, CFF, CFE, CAMS
Principal- Chair Risk Advisory Services, Risk Advisory Services
Miami
Ivan Garces is a senior advisory principal, Chair of Kaufman Rossin's risk advisory services practice, and serves as a member of the Firm's Management Committee. He brings clients more than 25 years of public accounting experience, and provides governance, risk management, forensic accountin…
Jason Chorlins, CPA, CFE, CAMS, CITP
Principal, Risk Advisory Services
Miami
Jason Chorlins spearheads forensic and financial service investigative engagements as the banking practice co-leader of Kaufman Rossin’s risk advisory services practice. He advises clients on money laundering, internal corporate investigations, due diligence and regulatory compliance matters to he…
Sarah Fernandez, CIPP/US, CRCM
Director, Risk Advisory Services
Miami
Sarah Fernandez performs consumer regulatory compliance reviews and audits for financial institutions with a focus on risk management. With more than 18 years of experience in the financial services industry, she applies her extensive knowledge of bank operations and consumer protection regulations …
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