Consumer Regulatory Compliance Senior Consultant

Baker Tilly•Chicago, MI

5d•Hybrid

About The Position

Baker Tilly is a leading advisory, tax and assurance firm. Our Risk Advisory practice provides a full spectrum of services to help our clients assess their risks, develop strategies to compete in an ever-changing business environment, and achieve their goals and objectives. This is accomplished through deep industry knowledge of risk, governance and regulatory compliance best practices. As one of the fastest growing firms in the nation, Baker Tilly offers upward career trajectory, flexibility in how and where work is done, and meaningful relationships with clients, teammates, and leadership. This role is for someone who wants to expand their work experiences and hone their skills as a comprehensive risk professional in the areas of financial institution consumer regulatory compliance, compliance testing, internal audit, risk management, governance, and internal controls. The ideal candidate craves the opportunity to be part of a fast-growing, entrepreneurial risk consulting practice where hard work and creativity will be rewarded. They do their best work when part of a talented, down-to-earth team that thrives on collaboration and enjoys working together. They enjoy a fast-moving environment where they may support multiple clients, balance competing priorities, and adjust quickly as project needs change. They feel valued when provided the resources and support to continually sharpen their technical skills and build their career.

Requirements

4 year degree
Three (3) years of experience
Excellent analytical, technical, and problem-solving skills, with strong attention to detail.
Exceptional verbal and written communication, collaboration, and time management skills.
Strong sense of urgency and client responsiveness.
Demonstrated ability to manage multiple concurrent assignments, adapt to changing priorities, meet demanding deadlines, and produce accurate, client-ready work.

Nice To Haves

Bachelor’s degree in accounting, finance, business, economics, risk management, or a related field.
Three or more years of direct experience in financial institution consumer regulatory compliance, including compliance testing, monitoring, internal audit, regulatory examination support, or advisory services.
CRCM certification is preferred but not required. Candidates interested in pursuing the CRCM in the future are encouraged to apply.
Familiarity with federal or state banking and consumer compliance requirements and the expectations of regulators such as the CFPB, FDIC, Federal Reserve, OCC, NCUA, or state banking agencies.
Experience working within or serving a bank, credit union, fintech company, financial services organization, consulting or public accounting firm, internal audit department, or banking regulatory agency.
Consulting or public accounting experience is preferred but not required; demonstrated success in a comparable fast-paced, client-service environment is required.
Experience in one or more consumer regulatory compliance areas, such as deposit compliance, lending compliance, mortgage compliance, fair lending, UDAAP, complaints, marketing and advertising compliance, privacy, or CRA.

Responsibilities

Work closely with client executives and management teams to understand their businesses and assist in identifying and managing consumer regulatory compliance risks within their business processes and systems.
Assist clients with understanding and complying with new or updated financial institution consumer regulations.
Research and interpret new or updated regulatory requirements and help clients determine how those changes may affect their products, services, operations, policies, procedures, and controls.
Stay current on relevant financial institution consumer regulations, regulatory guidance, enforcement actions, and industry developments.
Develop and maintain a broad knowledge and awareness of the financial institution industry and regulatory changes and identify potential impacts to compliance programs, testing plans, and internal audit activities.
Support our internal audit practice as a regulatory compliance resource on regulatory and compliance topics.
Assist clients with implementing or enhancing consumer compliance programs, policies, procedures, and controls.
Work collaboratively with engagement leaders and team members to complete projects accurately, efficiently, and on schedule.
Build strong relationships internally and externally with clients and contribute to practice development activities.
Invest in professional development individually and through participation in firmwide learning and development programs.
Support the growth and development of less-experienced team members through the Baker Tilly Care and Teach philosophy.
Enjoy friendships, social activities, and team outings that encourage a work-life balance.
Perform consumer regulatory compliance reviews, compliance testing, monitoring, internal audits, and gap assessments.
Evaluate compliance risks associated with areas such as deposits, consumer and commercial lending, mortgage lending, fair lending, marketing and advertising, complaints, privacy, and third-party relationships.
Document testing procedures, observations, and recommendations in clear, well-supported workpapers and client-ready reports.