SRA Consulting brings deep subject matter expertise and practical experience to help financial institutions manage the evolving landscape of financial crimes risk and regulatory compliance. Our team includes former Chief Compliance Officers, BSA Officers, bank examiners, and certified compliance specialists with decades of experience designing, enhancing, and executing compliance programs. We support banks, fintechs, and other regulated entities in addressing their most pressing compliance challenges while enabling sustainable growth.

Our Financial Crimes & Compliance practice integrates advanced analytics, data automation, and strategic insight to strengthen your compliance management system, mitigate enforcement risk, and enhance your ability to serve customers with integrity. Whether engaging through project-based work or ongoing fractional support, we tailor our services to your needs and regulatory profile.

Key services we offer include:

• BSA/AML and Sanctions Compliance: End-to-end support for customer due diligence, transaction monitoring, alert investigations, CTR and SAR filing, and OFAC compliance. We offer full-service programs or targeted assistance such as lookbacks, consent order remediation, and system tuning.
• Compliance Risk Assessments: Develop tailored BSA/AML, fraud and enterprise-wide compliance risk assessments aligned with your institution’s size, complexity, and risk profile.
• Regulatory Change and New Product Management: Help institutions assess regulatory impacts and implement compliant frameworks for emerging financial products and technologies, including real-time payments, open banking initiatives, and digital asset services. We support horizon scanning, applicability mapping, and control design to enable innovation while managing regulatory risk.
• Compliance Monitoring and Testing: Plan and execute risk-based compliance monitoring programs, including independent BSA/AML testing, product-specific compliance, marketing reviews, and fair lending testing.
• $10 Billion Readiness Assessment: Evaluate your institution’s compliance program, governance, risk management, and data infrastructure to ensure alignment with heightened regulatory expectations applicable to banks approaching or exceeding the $10 billion asset threshold.
• Compliance Program Development and Enhancement: Draft and enhance policies, procedures, and training programs to ensure compliance with applicable laws and regulatory expectations.
• Fractional Chief Compliance Officer Services: Provide experienced leadership and day-to-day compliance program management to institutions requiring interim or part-time compliance and BSA executive support.
• Regulatory Exam Readiness and Response: Prepare your institution for upcoming exams and assist with remediation of regulatory findings, consent orders, or MRAs.
• Merger & Acquisition Due Diligence: Conduct compliance-focused due diligence and integration planning for financial institution mergers, fintech acquisitions, and BaaS partnerships.
• Technology and Data Strategy: Advise on AML system selection, data integration, and automation strategies to enhance transaction monitoring, reporting, and regulatory analytics.

SRA Consulting’s Financial Crimes & Compliance team helps clients mature their compliance posture, reduce risk, and respond confidently to regulatory scrutiny. We combine deep regulatory knowledge with actionable insights and technology-driven approaches to build resilient programs that evolve with your institution.