Federal Reserve Board issues enforcement action with former employee of First Financial Bank

When a bank employee executes transactions outside their authority, the failure begins upstream with the access provisioning decision that granted capabilities without documented scope or the supervisory approval process that allowed overrides without a named approver and written justification. The daily reconciliation ritual—a decision to certify that all activity was authorized—either never happened or happened without a signature, timestamp, and artifact trail linking discrepancies to investigative action. Decision Governance requires that every grant of transactional authority and every supervisory override be recorded at the moment it occurs, with owner and rationale, so the institution can reconstruct not just what happened but who decided to permit it.