Our regulatory, compliance project management experience
Major Canadian Bank- Program Management -Sarbanes-Oxley (SOx) Regulatory Compliance
Tramore Group professionals led and managed an Internal Controls Program, including the work required to implement Sarbanes-Oxley. The scope of the program included all components of the COSO control framework. The program budget exceeded $75 million and involved more than 300 people over an 18-month time-frame. The key deliverables from this engagement included: program governance structure, business case, program charter, executive/board/regulator status reporting, control methodology and external audit sign-off.
Large Canadian Financial Institution – Risk Data Aggregation and Regulatory Reporting (RDARR) Program
Tramore Group was engaged to rescue a multi-million dollar bank-wide regulatory program consisting of nine major work streams. This complex transformation program was effectively managed within a challenging political environment. Tramore Group quickly established the Program Delivery Office and Program Governance Structure, developed an integrated Program Management Plan and revised the reporting structure to facilitate efficient decision-making. Program objectives included remediation of Internal Audit findings, establishing a Central Data Office and a implementing a new Data Management Remediation Tool. The program issues were remediated and all regulatory milestones were achieved.
Major Canadian Bank– Program Management – Regulatory Compliance / Taxation
Tramore Group professionals led the development of a global transfer pricing program. The scope of the program included establishing rules and formulas for allocating revenues and costs acceptable to the various tax jurisdictions where the Bank operated. The deliverables included a transfer pricing methodology, a new functional organization, new business processes. The completed program met the requirements of the global tax regulators.