On demand webinars

Transforming Audit to Combat Financial Services' Heightened Risk Exposure

Description

It is no secret that expanding organisational risk profiles, tighter regulations, and rising stakeholder expectations create a demanding assurance landscape for internal audit organisations in the financial services (FinServ) sector. What is frequently overlooked is how traditional audit processes and methodologies limit real-time visibility into risk, hinder agility needed to address changing risk, and mask business-impacting insights. These insights are crucial to advise and partner with the broader organisation, and their absence increases the risk of regulatory noncompliance. Join us for this webinar to see how integrating aspects of agile auditing provides the flexibility needed to respond and react to the rapid shifts in risk exposure that financial services organisations face.

About the speakers

Scott Madenburg is a market advisor and subject matter expert in audit, risk, and compliance with over 20 years of experience. He has advised organizations on transforming programs through top-tier processes and technology solutions.

He has held leadership roles at Arthur Andersen, Fox Entertainment, News Corporation, Rovi Corporation, and Mobilitie, where he specialized in operational and IT audits, internal controls and SOX compliance, risk management, business process optimization, and system implementations. As Chief Audit Executive at Mobilitie, he established a dynamic internal audit function focusing on control readiness, risk management, and cybersecurity compliance.

Before founding ARCHybrid, Scott was a senior market advisor at AuditBoard, helping organizations optimize their programs with AuditBoard’s connected risk platform. At ARCHybrid, Scott fosters collaboration among audit, risk, and compliance professionals, empowering growth and innovation across the industry.

Mike Rissmiller is a Market Advisor, Financial Services at AuditBoard. A former regulator with the Federal Reserve, Mike began his career focusing on bank capital and liquidity reporting. He then transitioned to industry internal audit as an Audit Manager for State Street Corporation, leading many new regulatory response initiatives before joining AuditBoard in 2021.

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