How Internal Audit Can Support Building Societies Through Change
Building societies are in a critical period of transformation - updating legacy systems, launching digital services, maintaining branch networks and supporting member homeownership. Through all of this change comes significant risk.
So how can Internal Audit support building societies through this period? In this video, Charlotte Kendal Parker, Senior Manager at DCR Partners, explores three key ways:
Get involved early - shape risk and control thinking before changes even start
Provide objective governance oversight - cut through reporting bias and escalate issues early
Join the dots - connect data trends, audit findings, incident logs and regulatory expectations
Done well, Internal Audit doesn't slow things down - it accelerates smarter decision-making, spots issues before they escalate, ensures leaders see reality, and ultimately supports building societies and members through significant periods of change.