Banca Popolare di Bari: A framework for risk management and internal audit

Popolare di Bari is strengthening its system of internal controls.

In an increasingly advanced and stringent regulatory environment, Banca Popolare di Bari expressed the need to adopt a framework for process management, operational risk, compliance and Internal Audit.

The project was carried out starting with the definition of the framework for business process management. These processes were comprehensively surveyed and documented, starting from operational activities and arriving at first, second and third level controls.

In conclusion, workflows were defined and activated for operational support in the creation of internal regulations, for loss data collection, for managing activities in audits, and for compliance audits.

The project involved the following organizational structures: Organization, Information and Communication Technology, Compliance, Risk Management, Internal Audit.