Policies, Compliance and Governance for Banking, Financial Services and Insurance
Policies a manager can apply, and obligations with owners and dates.
What this looks like in banking, financial services and insurance
The parts of policies, compliance and governance that are specific to this sector, rather than general.
Background Verification
Verification is not optional in this sector.
What this coversHide
Background Verification
Verification is not optional in this sector.
What this coversHideEmployees in financial services sit close to customer money and customer data. Verification needs to be a defined step with a recorded outcome, not a phone call somebody remembers making.
- Identity verification
- Address verification
- Education verification
- Previous employment verification
- Reference checks
- Criminal record check where applicable
- Verification status tracking
- Re-verification on role change
- Exception approval process
The general method — what policies, compliance and governance covers, the questions it answers and what an engagement produces — is the same whatever the sector, and is set out on the hr policies and governance page. What is above is the part that differs for banking, financial services and insurance.
Other HR topics for banking, financial services and insurance
Where to start
Most engagements begin with a review of how this runs in your business today, then a written process and the sequence to implement it.
See all HR topics for banking, financial services and insurance, or another industry.