Auditing Wire Transfers: Operational and Risk Management Considerations 

Michael Bunyard, Director of Product Planning, Risk Solutions 

BankAudit 2007
The Hilton – Walt Disney World Resort/Orlando FL
February 15, 2007
1:30pm - 2:45pm

To effectively execute and monitor wire transfers, the internal audit team must consider a complex web of variables, including technology, security protocols and the changing needs of internal customers. In this session you will gain insight on developing and adhering to standards necessary for detecting and eliminating suspicious activity.

• Identifying and focusing on key risks
  
• Installing wire transfer firewalls to support audit policy and procedures
  
• Establishing and reviewing authorization levels
  
• Automating transfer audit processes by understanding data
  
• Conducting comprehensive testing of audit processes
  
• Training employees to detect suspicious wire transactions

BankAudit 2007

Contact: Ann S Cave
email: ascave@checkfree.com
phone: (678) 375-4039