The framework for Risk Management and Internal Audit
Banca Popolare di Bari strengthens its internal control system
In a new context of laws more and more strict, Banca Popolare di Bari felt the need to adopt a process management framework, to manage processes, operational risks, compliance and Internal Audit.
The project has been developed starting from the framework definition for the business process management. They have been measured and recorded in a complete way, starting from the operational activities to the controls of first, second and third level.
In conclusion there was the definition and activation of these workflows: operational support in the creation of the internal regulation, loss data collection, audit activity management and compliance tests.
The project has seen the involvement of the following organization structures: Organization, Information and Communication Technology, Compliance, Risk Management, Internal Audit.
Banca Popolare di Bari is the first banking group of South Italy.
Founded in 1960 at Bari, the network counts 254 branches and it’s present in 12 Italian regions.