Charter and Supervision Readiness and Support End-to-end regulatory readiness for institutions pursuing a bank charter, acquisition, conversion, or U.S. expansion. Protiviti helps Fintechs, banks, and financial institutions navigate the U.S. chartering and supervision lifecycle — from early strategy and application development through Legal Day 1, pre‑opening exams, and ongoing regulatory supervision. We serve as a strategic advisor at critical milestones to help organizations meet regulator expectations with confidence.Connect with our experts How we help Regulators continue to encourage innovation and competition, while holding applicants and supervised institutions to increasingly rigorous expectations. First-time organizers and expanding institutions often face uncertainty in translating business strategy into regulator ready operating models, governance, and controls.Protiviti supports clients across the full chartering and supervision lifecycle, helping reduce regulatory friction, improve preparedness, and sustain compliance over time. Our support spans five phases: Product, licensing, and chartering strategy Business plan and application support Supervision readiness Implementation Ongoing supervision and support Product, licensing, and chartering strategy Product, licensing, and chartering strategy Define product vision, market positioning, and strategic roadmapEvaluate legal structure, licensing, and charter optionsAssess operating model and financial projections aligned to regulatory expectations Business plan and application support Business plan and application support Conduct initial gap assessments and prioritize remediationDevelop or refine business plans and supporting documentationPrepare governance artifacts, policies, and program frameworksSupport regulatory meetings, inquiries, and application responses Supervision readiness Supervision readiness Perform readiness and governance assessmentsEvaluate people, skills, and committee structuresAssess business areas and technology against bank regulatory guidanceLeverage charter accelerators to streamline preparation Implementation Implementation Support policy, procedure, and control design and executionEstablish books and records and internal control environmentsProvide SME and resource supplementation across key functionsSupport technology and model development Ongoing supervision and support Ongoing supervision and support Conduct mock exams and independent readiness assessmentsPerform internal controls testing and validationSupport exam preparation and regulatory interactionsProvide ongoing risk, compliance, and internal audit support Charter and supervision readiness and support capabilities Charter strategy and application readiness Governance, people, and operating model design Technology, operations, and controls Risk, compliance, and supervision preparedness Charter strategy and application readiness Charter and licensing strategy evaluationPre‑filing regulatory readiness assessmentsBusiness plan, application, and implementation planningRegulatory meeting preparation and response supportPublic notice and regulatory information request (RFI) support Governance, people, and operating model design Management and organizational structure designBoard, committee, and functional charter designPeople, skills, and talent readiness assessmentsChange management and operating model alignmentPolicy inventories and governance structures Technology, operations, and controls Core banking platform selection, implementation, and validationTechnology and operational process assessmentsInformation security, resiliency, and data management evaluationThird‑party and fintech partner oversight modelsBooks and records, internal control design, and implementation planningInformation security program design and templates Risk, compliance, and supervision preparedness Enterprise risk management and compliance program designRisk appetite statements, key risk indicators, and risk frameworksRisk and control assessments across business linesPolicy and procedure development, enhancement, and compliance program templatesControl testing, issue management, validation, and supervision readinessPre-opening exam readiness and ongoing AML and compliance support Protiviti Supports BTG Pactual’s Expansion into the U.S. Market Protiviti partnered with BTG Pactual to support regulatory application materials for a major U.S. expansion initiative involving a bank acquisition, charter conversion, and holding company formation. Read More Experience highlights Protiviti brings deep experience across the U.S. chartering, licensing, and supervision landscape, supporting organizations at critical regulatory moments.Our experience includes:De novo U.S. bank formationsFintech charter and digital bank application supportBank acquisitions and charter conversionsOCC national charter transitionsU.S. market entry for non-U.S. financial institutionsPayments, broker-dealer, and representative office regulatory supportWe partner with clients to clarify regulatory expectations, build regulator ready operating models, and support successful approvals, launches, and sustained supervision. Our experts Matthew Perconte Matt is a Managing Director in the Risk and Compliance practice, the Market Leader for New York covering the New York City metropolitan area and a member of Protiviti’s geographical leadership team. He previously led the Operational Risk service offering for Protiviti ... Learn More Tyler Graham Tyler is a Managing Director and leads our Fintech sub-industry for Protiviti and leads our Bay Area Office. Tyler supports a variety of Fintech and crypto organizations across lines of defense with a focus on governance, risk, and control. Tyler’s Fintech ... Learn More Jacqueline Maida Jacqueline brings over a decade of financial services experience, including five years with the Federal Reserve, advising banks and fintechs on governance, risk management, internal audit, and regulatory readiness across complex transformations. Learn More Connect with our risk and regulatory experts to discuss your chartering or supervision readiness needs. Connect with our experts Frequently Asked Questions + EXPAND ALL What is charter and supervision readiness? + Charter and supervision readiness is the ability to demonstrate to U.S. regulators that an institution’s business plan, governance, operations, technology, risk management, and controls are designed to meet regulatory expectations across the full lifecycle — from pre‑filing through ongoing supervision. This includes preparation for applications, regulatory reviews, pre‑opening exams, and sustained supervisory engagement. When should an organization engage charter and supervision readiness support? + Organizations typically engage charter and supervision readiness support before submitting a charter or license application, when preparing for regulatory meetings or requests for information, following preliminary or final approval, or when strengthening readiness for pre‑opening exams and ongoing supervision. Support can be provided at discrete milestones or across the full lifecycle. How does Protiviti support bank charter applications and regulatory reviews? + Protiviti supports charter applications and regulatory reviews by conducting gap and readiness assessments, developing or refining business plans and governance documentation, preparing policies and program frameworks, and supporting interactions with regulators. This includes assistance with regulatory meetings, application submissions, and responses to regulatory questions aligned with U.S. federal and state expectations. What areas are typically reviewed as part of supervision readiness? + Supervision readiness typically includes assessment of product and customer activities, technology and operations, finance, and risk and compliance. This can involve evaluating governance frameworks, core banking and operational processes, financial reporting and capital readiness, enterprise risk and compliance programs, and the design and effectiveness of internal controls to support supervisory expectations.
