RiskPilot

Audit Management Is Easy with Finovifi

RiskPilot helps auditors concentrate on risk management and compliance, enhancing transparency, accountability, and ROI while minimizing redundancies and risks.
Network-security-risks

What We Do

What Is RiskPilot ?

RiskPilot enables your auditors to focus on how you manage your risks, compliance, audit reports, audit recommendations and implementation of recommendations according to the financial institution’s strategy and risk appetite, promoting transparency, accountability, increased ROI while avoiding redundancies and additional risks. 

Audit / Monitoring Checklists

Replace your old audit checklists with current / updated checklists which are integrated into the auditing process.

Organize Audits

Minimize time and maximize output for all audit / monitoring events including internal, outsourced, and regulatory audits.

Risk Assessment Templates

Develop institution wide risk assessments documenting the complete rating process (inherent, risk controls, and residual). Includes a follow-up process whereby you can schedule your next risk assessment and assign it to an employee.

You don’t have to start the risk assessment process from scratch each year - copy the previous year’s risk assessment and make edits.

Project Manager

Manage your next regulatory examination within RiskPilot.

The FFIEC Cybersecurity Assessment Tool (CAT) is being sunset leaving financial institutions with the challenge of creating their own risk assessments from scratch.

RiskPilot eliminates this burden by offering ready-to-use risk assessment templates that can be implemented immediately or customized to your institution’s needs. Our templates include a comprehensive Cybersecurity Risk Assessment, complete with detailed coverage of Inherent Risk, Risk Controls, and Residual Risk. Each assessment comes prebuilt with guidelines and clear definitions for low, moderate, and high risk levels, which you can easily tailor to align with your institution’s unique requirements.

Risk Assessment Templates

RiskPilot comes preloaded with institution-specific, role-specific, and regulation-specific templates so banks don’t have to start from scratch.
 
The current library includes:
  • BSA Risk Template
  • Complaint Management Risk Assessment
  • Compliance Risk Management (Board/Senior Management Program & Institutional Program)
  • Cybersecurity Risk Template
  • Deposit Compliance Risk Assessment
  • Digital Banking Risk Assessment
  • Fair Lending Risk Template
  • Internal Audit Risk Template
  • Lending Compliance Risk Template
  • OFAC Risk Assessment
  • UDAAP Risk Assessment

These templates help banks meet regulatory expectations for documented, updated, and board-approved risk assessments.

 
 

Audit & Monitoring Checklists

RiskPilot also contains an extensive audit/monitoring checklist library covering virtually all compliance areas—over 150+ granular checklists.
 
Examples include:
BSA/AML & OFAC
  • BSA AML Automated System Program Checklist
  • CIP Policy, Testing, ID Theft Red Flags
  • CTR, SAR, Monetary Instrument, OFAC Testing
  • High-Risk Transaction EDD Checklist
Loan Compliance
  • Adverse Action (Closed-End, Open-End, Commercial)
  • ATR/QM, HMDA, RESPA Servicing, TILA, MLA
  • Flood Zone Properties, Appraisal Standards, Fair Lending
Deposit Compliance
  • Reg CC, Reg E, Truth in Savings, Overdraft Protection
  • CAN-SPAM, Privacy GLBA, Unlawful Internet Gambling (Reg GG)
IT & Cybersecurity
  • Cybersecurity Checklist
  • IT General Controls, IT Operations, IT Management
  • Vendor Management, Online/Mobile Banking, Website Reviews
Operations & Other
  • Business Continuity Plan (BCP)
  • Garnishment of Accounts, Night Depository, Wire Transfers
  • Participation Loans, OREO, Negotiable Collateral
These checklists serve as both internal audit tools and regulatory exam readiness resources.