We ensure financial institutions are on track and in compliance with applicable regulations.
Conducting Monitorships
7th Avenue Partners performs contract monitorships with financial institutions on behalf of the New York State Department of Financial Services (DFS) and the US Department of Justice (DOJ). Our experienced team in the financial sector has the skills, knowledge, and experience to implement the highest quality monitorships to bring institutions into compliance.
7AVP has years of experience submitting critical findings, significant observations, and recommendations to DFS and DOJ.
Responding to an Enforcement Action
Does your financial institution want assistance with a strategic response to an enforcement action? Actions such as an Office of the Comptroller of the Currency (OCC) Consent Order or Matters Requiring Attention (MRAs) are increasingly common. 7AVP assists financial institutions in every stage of responding when faced with compliance enforcement actions, including implementing all changes necessary to come into compliance.
Staying Ahead of Regulators
Maintain your institution’s exceptional reputation by proactively optimizing your compliance practices. Avoid significant penalties and reputational damage by having 7AVP conduct a Compliance Review. 7AVP can help you discover your compliance weak points and remedy them before any enforcement actions are initiated.
Program Management for OCC and MRA notifications
- We can handle your OCC and MRA’s.
- 7AVP has a variety of solutions that keep you on track.
- We will work with your agency to find or create a solution, train, implement and support your team. We take pride in making sure your agency has the confidence, skill and understanding to successfully implement consent orders and MRA’s. We will keep you on track.
7AVP specializes in
- Leading high profile monitorship engagements with banks, DFS and DOJ
- OCC compliance remediation services
- Project Management
- Product Management
- Program Management