Banking & Financial Institutions

Audit Committee Systemic Risk Review

Banks and regulated financial institutions operate through layered controls, distributed accountability, and legacy systems that evolve over time.

Mahwikizi & Co. provides independent, audit-committee–appropriate reviews that identify where operational control, process drift, and system interaction quietly increase risk exposure.

This work is designed to complement, not replace the internal audit, risk, and compliance functions.

What the Review Examines

• Control design versus real-world execution

• Process drift across operations, risk, and finance

• Key-person dependencies in critical workflows

• Escalation clarity and exception handling

• Post-implementation control degradation

What This Is Not

• Not an internal audit

• Not a regulatory exam

• Not a remediation project

• Not a management critique

Deliverables

• Systemic Risk Interaction Map

• Control Drift Indicators

• Key Dependency Summary

• Audit Committee–Ready Briefing

• Optional Regulatory Context Appendix

Typical Engagement

• Targeted function or process: $40k–$75k

• Enterprise-wide systemic review: $150k+

• Ongoing advisory support: retainer-based

  *Ranges above are illustrative and based on recent institutional engagements.

  Final scope and fees are determined after an initial diagnostic conversation.

Why Institutions Engage

Because risk accumulates between functions; Not within them, and often outside formal reporting lines.