💼 Financial Services
AI Governance Gap = Regulatory Liability

Your regulators are asking
about AI. Do you have answers?

Banks, investment firms, and financial services companies are deploying AI across credit decisioning, compliance monitoring, and operations — but governance frameworks are lagging. SEC, OCC, and CFPB examiners are asking questions your teams can't answer yet.

76%
of financial institutions using AI models with no formal governance documentation
$2.4B
in regulatory fines for financial services firms with AI-related compliance failures since 2022
3x
increase in AI-related examiner inquiries across OCC, CFPB, and SEC since 2023
25%
of AI-driven credit decisions exposed to fair lending challenge risk without bias audits

Three AI governance gaps
that put financial firms at risk

Financial services AI deployments are outpacing the governance programs needed to protect them. Examiners, auditors, and enforcement agencies are catching up fast.

📊

Model Risk Without Governance

AI models in credit decisioning, fraud detection, and customer risk scoring require SR 11-7-level model risk management. Most firms have model inventories — few have AI-specific governance overlays.

⚠ SR 11-7 / Model Risk
⚖️

Fair Lending & Bias Exposure

AI-driven underwriting and pricing decisions create disparate impact risk under ECOA, Fair Housing Act, and UDAP. Without explainability and bias audit programs, you're exposed in every examination.

⚠ ECOA / Fair Lending Risk
🔍

Third-Party AI Opacity

Vendor AI embedded in your operations — KYC tools, AML platforms, robo-advisors — creates governance responsibility you can't discharge by pointing at the vendor's SOC 2.

⚠ Third-Party Risk
Regulatory Frameworks We Cover
SR 11-7 Model Risk
NIST AI RMF
NIST CSF 2.0
ECOA Fair Lending
OCC AI Guidance
SEC AI Disclosure
CFPB UDAP
ISO 42001
SOX AI Controls

GRC-Grounded AI Governance
for Financial Institutions

Altiri's framework applies proven GRC methodology to AI governance — incorporating NIST CSF 2.0 cybersecurity controls alongside NIST AI RMF — giving your risk, compliance, and technology teams a defensible program that holds up under examination.

GRC is the bridge between cybersecurity risk and business compliance decisions. Read: GRC & Cybersecurity — NIST CSF Guide →

01

AI Inventory & Model Classification

Catalog all AI and ML models across your organization. Classify by risk tier, regulatory exposure, and data sensitivity — aligned to SR 11-7 and NIST AI RMF.

02

Regulatory Gap Analysis

Map your AI programs against current and emerging regulatory expectations across OCC, CFPB, SEC, and Federal Reserve guidance. Identify priority gaps before examiners do.

03

Governance Program Design

Build AI governance policies, model risk management overlays, explainability requirements, and third-party AI vendor due diligence frameworks.

04

Ongoing vCAIO Leadership

Fractional Chief AI Officer providing executive-level AI governance leadership — board briefings, examiner preparation, and regulatory horizon scanning.

What You Get
Financial Services AI Governance Package
AI Model Inventory — complete catalog with risk tiers and regulatory exposure flags
SR 11-7 AI Overlay — model risk management extended to AI/ML systems
Fair Lending AI Audit Framework — bias testing and explainability documentation
Third-Party AI Due Diligence — vendor assessment templates for AI-embedded tools
Examiner-Ready Documentation — policies and evidence packages for regulatory review
NIST AI RMF Gap Analysis — mapped to your risk appetite and business lines
NIST CSF 2.0 Cybersecurity Controls — extend cybersecurity governance to cover AI-specific Identify, Protect, Detect, Respond, and Recover obligations
Ongoing vCAIO Support — your fractional AI governance executive
PP
Patrick Parker
Fractional vCAIO & AI Governance Lead
COO / CFO Experience
Hedge Fund Technology
NIST AI RMF Practitioner
CMMC Registered Practitioner
Financial Services GRC

"Financial services AI risk isn't hypothetical anymore — examiners are asking direct questions about model inventories, explainability, and third-party AI risk. The institutions that have defensible answers today built their governance programs before the exam, not during it."

💹

Hedge Fund & PE Technology SaaS

Built SaaS products for hedge fund and private equity fund administration — deep familiarity with the compliance, reporting, and risk management requirements of alternative investment firms.

📈

COO / CFO Operating Experience

Executive operating background brings financial services governance from a business perspective — not just a technical one. Understands board risk appetite, audit committee expectations, and examiner relationships.

🛡️

Financial Services GRC Consulting

Built governance, risk, and compliance programs for financial services clients across banking, investment management, and fintech. Translated complex regulatory requirements into operational frameworks.

Build your AI governance program before your next exam.

Start with a free AI Readiness Assessment — understand your current governance posture, highest-risk AI models, and priority remediation path before an examiner asks for it first.

Free assessment · No commitment · Results delivered immediately