Controls Performance VerificationJohn Whalen
Standardizing your process for Controls Performance Verification is an important
step in maturing your risk management processes and staying in compliance. This
step alone is not enough for entities that need to address hundreds or thousands
of controls on an ongoing basis. When the process depends too heavily on siloed
operations with manual methodologies, even if standardized, we find that gaps and
duplication of efforts both exist. Records are diffi cult to consolidate and deadlines
are missed. Inefficiencies abound which strain budgets and reduce visibility.
What's included
Control Deviation Ranking Tool
This playsheet offers an outline of a process/decision tree for risk ranking identified deviations and determining priorities, and includes an accompanying form with input fields, as well as guidance on setting action triggers based on historical data review.
Operational Performance Review Summary
Track each control’s Name, Ownership, Related Questionnaires, Frequency of Operation, Established Thresholds, Review Escalation Triggers, and other key information relevant to the operational performance review.
Controls Operation Verification Overview
Maintain a high level view of verifi cation activities and fi ndings for all
reviewed controls
Controls Maturity Assessment Tool
Scoring mechanism for assessing the maturity in management of each control
and identifying gaps in how each is managed for effective operation.
John's other services
Starting at$45 /hr
Tags
GitHub
monday.com
Slack
Consultant
Technical Support Specialist
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John Whalen Tucson, USA
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Controls Performance VerificationJohn Whalen
Starting at$45 /hr
Tags
GitHub
monday.com
Slack
Consultant
Technical Support Specialist
Standardizing your process for Controls Performance Verification is an important
step in maturing your risk management processes and staying in compliance. This
step alone is not enough for entities that need to address hundreds or thousands
of controls on an ongoing basis. When the process depends too heavily on siloed
operations with manual methodologies, even if standardized, we find that gaps and
duplication of efforts both exist. Records are diffi cult to consolidate and deadlines
are missed. Inefficiencies abound which strain budgets and reduce visibility.
What's included
Control Deviation Ranking Tool
This playsheet offers an outline of a process/decision tree for risk ranking identified deviations and determining priorities, and includes an accompanying form with input fields, as well as guidance on setting action triggers based on historical data review.
Operational Performance Review Summary
Track each control’s Name, Ownership, Related Questionnaires, Frequency of Operation, Established Thresholds, Review Escalation Triggers, and other key information relevant to the operational performance review.
Controls Operation Verification Overview
Maintain a high level view of verifi cation activities and fi ndings for all
reviewed controls
Controls Maturity Assessment Tool
Scoring mechanism for assessing the maturity in management of each control
and identifying gaps in how each is managed for effective operation.
John's other services
$45 /hr