Operationalizing Compliance in Global Institutions
How can global banks move beyond policy to embedded compliance? Discover how to operationalize compliance at scale with accountability, auditability, and automation.
From Policy to Execution: Making Compliance Work at Scale
Regulatory expectations have evolved. Today, it’s not enough to have well-written compliance policies; institutions must prove they’ve been implemented, owned, and monitored across business lines. The new bar is execution.
Yet, many global firms still operate in silos. Compliance is often reactive, disconnected from operations, and overly dependent on second-line monitoring. The result? Audit findings, MRAs, and missed opportunities to build risk-resilient operations.
Wyman Advisory works with institutions to change that by embedding compliance into the workflows, systems, and culture of the business.
Common Gaps in Compliance Execution
Even mature financial institutions often encounter similar issues:
- Misalignment across Lines of Defense (1LOD, 2LOD, 3LOD)
- Redundant or undocumented controls
- Weak evidence trails during audits or exams
- Reactive regulatory responses
- Lack of integration between compliance functions and operations
These gaps can lead to regulatory scrutiny, but also inhibit agility and slow transformation efforts.
A Blueprint for Embedded Compliance
We use a five-component framework to shift compliance from static to scalable:
Control Catalog Alignment
Map controls to key frameworks (e.g., COSO, OCC), define ownership, and unify documentation standards
Process + Risk Integration
Embed controls into actual business processes using workflow tools and risk indicators
Compliance-as-a-Service
Position compliance as an embedded business service with real-time 1LOD engagement
Technology Enablement
Implement systems like ServiceNow, Workiva, or Archer to automate evidence collection
Audit & Exam Readiness
Use dynamic dashboards to monitor control health and prepare for regulatory reviews
Case Study: Tier-1 Global Custodian Bank
Client Challenge:
Fragmented controls, poor ownership in 1LOD, and repeated findings in audits and OCC exams.Wyman Approach:
- Rationalized over 1,200 controls and linked them to 100+ core processes
- Defined clear RACI models for ownership across Lines of Defense
- Enabled real-time compliance dashboards across 3 regions using Power BI
- Implemented ServiceNow GRC modules to centralize evidence tracking
Results:
- 90% reduction in internal audit exceptions
- Improved examiner satisfaction during back-to-back reviews
- Rationalized over 1,200 controls and linked them to 100+ core processes
What Sets Wyman Apart
✅ Expertise in embedding compliance in global banks, across APAC, EU, and U.S.
✅ Practitioners with Big Four and regulatory experience
✅ Balanced delivery approach controls, documentation, technology, and training
✅ Proven outcomes from MRAs to culture transformation