An external BDO audit identified significant weaknesses in the banks existing conduct and risk assurance framework. Aurora strengthened cross-functional guidelines and procedures, embedded in a reworked policy hierarchy. The purpose of these changes was to address audit points, establish a rigorous control framework and bring the banks documented FO policy in line with industry best practice.
Risk activities revised
Aurora reviewed the existing Global Markets policy framework, creating an action plan to address audit points and other identified weaknesses with minimal disruption to BAU activity. In an iterative process, we coordinated key senior bank stakeholders to document existing process, using our SME knowledge to enhance where appropriate.
People, Policy & Process Design
Drive the shape of your future state organisation, from people strategy and location to product process enhancements and team training.Find out more »
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Aurora turns five
Chief Executive Officer Sean Vickers and Chief Operating Officer Jiwan Laly reflect on coming into the company’s demi-decade era feeling stronger than ever and what they’ve learned from Covid, social-media traps and the power of values.