OneMain Financial Performance Overview
Strong compliance culture & controls
Seasoned regulatory and compliance teams and strong culture consistent with legacy bank ownership
3 Lines of defense
~6,500 branch team members responsible for
day-to-day risk mitigation through:
Identification of operational risk
Establishing compliance culture
Legal, Risk, HR, Finance and Compliance
Establish standards and provide guidance for risk management and
controls
Ensure clear, accurate documentation of policies and procedures
Oversees 600+ external state regulatory audits and 700+ internal
branch audits
Alerts Senior Management and Board to emerging risks
Business
Compliance
Internal Audit
Using Board-approved plan, conducts audits to confirm reliability and governance/controls
framework is effective
Audit
Reports directly to Audit Committee
OneMain Financial.
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