• Interim Executive Roles

    At Shrake Consulting, we provide strategic interim executive solutions tailored specifically for the financial industry. We are equipped to step into leadership roles during transitions, ensuring operational continuity and strategic alignment.

    Our services encompass a thorough assessment of organizational needs and a proven track record of the financial industry. This enables you to maintain momentum during periods of executive change.

    Key offerings include data analysis, leadership coaching, operational strategy development, and stakeholder engagement. We help financial institutions tackle challenges quickly while positioning them for lasting success.

    See Below Sample

  • Finance and Operations

    Achieve your strategic and budgetary goals with our support. We offer assistance in developing and implementing enhancements in infrastructure, systems, processes, and personnel management.

    In an ever-evolving financial landscape, agility and innovation are paramount to address the complex challenges facing institutions today.

    Shrake Consulting specializes in providing tailored strategies specific to your organization to optimize operations, enrich customer experiences, and navigate regulatory frameworks with confidence.

  • Risk Management

    Inherent risk is the natural level of risk associated with a process before any controls or mitigations are applied. We offer assistance in reviewing existing controls and assessing the effectiveness of risk mitigation strategies.

    Risk mitigation is crucial for the long-term health of financial institutions. It involves identifying potential threats and creating plans to reduce risks and strengthen resilience. By using strong data analysis, following regulations, and adopting new technology, institutions can handle market changes, cybersecurity issues, and operational challenges.

    Focusing on risk mitigation builds trust with clients and stakeholders, leading to sustainable growth and success in a competitive market.

  • Compliance and Internal Audits

    Rest assured that your regulatory compliance and internal review concerns are being managed effectively. Regular reviews and assessments are essential for maintaining compliance with key regulations, such as BSA, ACH, loan review, and internal controls.

    The regulatory environment for financial institutions presents both challenges and opportunities. Effective compliance requires an understanding of the intricate web of regulations that govern operations, risk management, and consumer protection.

    Our approach focuses on strengthening audit processes to ensure adherence to regulations, enhancing transparency, and fostering trust with stakeholders.

A Sample of Services Offered

REACH OUT TO DISCUSS YOUR NEEDS…

  • Interim Executive Roles

  • CEO Coaching and Executive Training / Current and Transitions

  • BOD Financial Literacy and Bank Secrecy Act Training

  • Supervisory Committee Coaching / Internal Audit Assistance

  • Human Resources Training / Recruiting / On-Off Boarding

  • Regulation and Compliance Training

  • Strategic, Financial, and Operational Planning and Execution

  • Budget Planning

  • Financial Statement Review and Analysis / GL / AP / ME

  • Asset / Liability Management Review

  • Revenue / Expenditures / Loss Review

  • Board Packet and Meeting Minutes Review / Ensure Transparency

  • Develop Charter Conversion Packets for Presentation to NCUA

  • Digital Services Review

  • Enhance Infrastructures to Comply with Industry Standards and Best Practices

  • Reviews and Controls for:

    • Lending, Regulations, Compliance, and Specialized Reporting

    • External Member Accounts

    • Internal Member Accounts

    • Cash / Accounting

    • Cash / Internal Operations

    • File Maintenance