Policies and procedures are important tools to have in place. In addition to being required by regulatory bodies, they can help your organization avoid catastrophe. The objective of policies and procedures is to document how an organization operates and provide the procedures necessary to achieve organizational goals. Policies and Procedures provide the “what” and “how” questions for individuals within an organization. The Brown Smith Wallace financial institutions team has vast experience in assisting in:
- Developing policies and procedures according to regulatory requirements.
- Reviewing and updating policies and procedures to ensure you remain in compliance and provide reasonable documentation and information to your staff.
- Assisting with the implementation and training process to ensure policies and procedures are effective and understood by your employees.