Industries

Banking and Financial Services

Banks and financial institutions face enormous challenges. Increased regulation, competition, technology and information risks are issues these businesses must address every day. Reznick Group has assisted banks and financial institutions to effectively navigate a constantly changing landscape.

Reznick Group's banking and financial services practice professionals provide business process consulting services that can help your institution enhance regulatory compliance and operate more strategically and efficiently. Our audit and tax services are tailored to meet the specific needs of individual institutions because we recognize that institutions can vary greatly given size, complexity and regulatory profile. Our principals have more than three decades of experience, not only working as public accountants but also as managers and executives within the ranks of banks and financial institutions across the country. This industry knowledge and hands-on experience uniquely enables Reznick Group to guide our clients through the critical demands of these highly regulated industries.

What distinguishes Reznick Group from its peers is our deep knowledge of financial services, commercial real estate, affordable housing, renewable energy and banking which allows us to assist you in serving your customers' needs.

Clients We Serve

• Community Banks
• Money Centers
• Private Equity
• Regional Banks

Services

• Audit and Tax 
  • Attestation services
  • Employee benefit plan audits
  • Tax services (federal tax, state and local tax)
  • M&A consulting
  • ASC-740-10-65-1 (FIN 48) analysis, preparation and review
• Business Process Consulting 
  • Business process design
  • Business process controls analysis
  • Workflow analysis and process mapping
• Governance, Risk Management and Compliance
  • Corporate governance
  • Credit risk management
  • Due diligence
  • Enterprise risk management
  • Internal audit
  • IT audit
  • Regulatory compliance reviews
  • BSA/AML
  • Sarbanes-Oxley compliance
  • Regulatory enforcement order consulting
  • Technology risk management
• Specialty Advisory Services 
  • Due diligence of affordable housing investments
  • Structuring of low-income housing and New Markets Tax Credit (NMTC) programs
  • Historic and renewable energy tax credits
  • FHA, Freddie Mac, Fannie Mae, Ginnie Mae compliance reviews and related agency program implementation
• IT Specialty Services
  • Virtual computing solutions and cloud computing
  • E-commerce/internet security
  • ERP system control reviews
  • Security penetration
  • IT policies and procedures
  • Core systems selection
  • Vendor contract negotiations