Laura is a Managing Director in the Financial Services Industry Risk and Compliance Services practice of Protiviti. With over twenty four years of combined financial statement and internal audit experience, her clients include medium to large publicly and privately held companies in the financial services, private equity/asset management, and real estate industries. Laura has led numerous CCAR Governance, Process and Internal Controls projects as well as Capital Planning and Submissions audits for Global Banks. She has helped clients make process, technology and organizational improvements within the finance function. Prior to joining Protiviti, Laura spent five years as a Financial Reporting Manager/Assistant Controller for a $1B distributor of apparel and seven years in Public Accounting providing audit and tax services to clients in a variety of industries.
Led CCAR Governance, Process and Internal Controls project for US Subsidiary of a Global Systemically Important Bank. Key components include performance of a gap analysis, performance of walkthroughs and documentation of end-to-end CCAR processes including process narratives, risk and control matrices, and analysis of controls against regulatory guidance and leading practices to identify gaps and provide remediation guidance. Areas of focus include data quality, spreadsheet controls, communication of information, roles and responsibilities, review and approval controls, and model risk management.
Led Capital Planning and Submissions Audits for a Global Bank. Key components of the project include development of project plan and scoping activities, review of internal control framework, review of core processes to ensure compliance with SR 15-18, testing of controls, and supervision/training of 20+ staff.
Served as project lead for a bank‘s charter conversion process. Key components of the project included : Mapping data from various legacy systems to a centralized data warehouse and subsequently to various reporting items contained in numerous regulatory reports including Call Report and Y9C; assisting client with validation and independent testing of both manual and automated data inputs, documentation of related processes and procedures, preparation of a gap analysis and remediation plans. Has also lead audits of the Call Report process.
Managed the Internal Audit and Sarbanes-Oxley Section 404 engagements for internal audit clients in the real estate/REIT, financial services/banking, and private equity/capital markets industries. Activities included development of a risk assessment and detailed project plan, assistance in scoping activities and presentation of results to management and to the company’s external audit team, supervising the documentation of core processes and testing of controls, providing guidance on remediation requirements and assisting the company through the evaluation of control deficiencies.
Managed multiple process improvement initiatives for financial services clients including review of the Internal Audit Department’s processes to identify inefficiencies and inconsistencies, measure current state against other IA Departments in the Financial Services Industry, and provide recommendations for improvement; design and implementation of Audit Operations group infrastructure; performance of “Road to Strong” reviews and gap assessment. Led redesign of accounting department structure and implemented department policies and procedures.
Internal Audit Outsourcing and Co-sourcing
Financial Reporting and Accounting
Private Equity/Capital Markets
B.S. - Accounting Saint Joseph’s University
Certified Public Accountant (CPA)
Member, American Institute of CPAs