Partners, principals and associates

Shelley Foster Madison

2501 West Beltline Highway
Madison, WI 53713




Shelley Foster, CRCM, CCBIA

Senior Manager, Internal Audit and Regulatory Compliance

Shelley Foster is a senior manager in Wipfli’s financial institutions practice, with more than 18 years of banking experience. She is responsible for leading risk-based internal audits and regulatory compliance examinations. Shelley’s experience enables her to evaluate controls within a process and provide practical recommendations to strengthen operating environments and mitigate potential risks. She also assists clients with managing their regulatory compliance programs, including the Bank Secrecy Act (BSA), and preparing for regulatory examinations.


  • Certified Regulatory Compliance Manager
  • Certified Community Bank Internal Auditor
  • Loan Review Certification

Professional Memberships and Activities

  • The Institute of Internal Auditors (IIA) - Member

Areas of Focus

  • Internal audit examinations
  • Internal auditor training
  • Loan and deposit compliance examinations
  • Fair lending reviews
  • BSA compliance exams
  • Internal control risk assessments
  • Home Mortgage Disclosure Act (HMDA) data integrity reviews and scrubs


Western Illinois University
  • Bachelor of arts degree in accounting
Wisconsin Bankers Association
  • Loan Compliance School
  • Deposit Compliance School