Senior Associate, Risk Compliance Global Banks (AML/Audit)

RSM US LLP•New York, NY

About The Position

RSM is currently seeking a strong AML/Audit professional to join a fast-growing team focused on giving our clients critical assistance in developing and maintaining compliance with Anti-Money Laundering (AML) / Countering the Financing of Terrorism (CFT) and Sanctions regulations. As a Senior Associate in RSM's Regulatory Compliance group, you will be a key participant in various activities related to AML/CFT/Sanctions compliance for financial institutions.

Requirements

Two+ years of experience in AML compliance, internal audit or other control-related function in a national consulting firm or in the financial services industry.
Practical experience in external audit, internal audit, or related internal control positions serving large global banking institutions.
Knowledge of AML/CFT/Sanctions risks, regulations, and typologies.
Exposure to the design and implementation of AML programs.
Good verbal/written communication, leadership, analytical and client service skills with the ability to present to other team members.
Ability to exercise independence of judgement and autonomy.
High ethical standards.
Bachelor’s degree in a related field.
Strong organizational and time management skills.

Nice To Haves

Prior regulatory related work experience at either a regulator or a compliance or internal audit department at a financial institution.
Strong organizational and time management skills.
Relevant compliance, AML or audit certifications (e.g. CAMS, ACFE, CIA, etc.) preferred.

Responsibilities

Participate in assessments and other services covering AML/CFT/Sanctions regulatory compliance for banks, broker dealers and other financial institutions.
Participate in the evaluation of the current state of the AML/CFT/Sanctions compliance program, identify any deficiencies to enhance controls, and leverage your knowledge to provide advice to strengthen the AML/CFT/Sanctions Program.
Participate in the development and implementation of AML policies and controls.
Participate in the independent testing or audits of all aspects of the client’s AML/CFT/Sanctions Program and suggest strategies and improvements for governance, monitoring, training and testing.
Participate in the response to enforcement actions focusing on developing and executing a corrective action plan that results in a compliance program that is sustainable and consistent with regulatory expectations and industry standard practices.
Develop relationships with existing clients and prospective clients within banking and financial services industries, providing timely, high quality client service that meets or exceeds expectations.
Participate in engagements (including planning, execution, workpaper review, report preparation and final wrap up), conduct exit meetings, and assist in preparation of reporting and related risk assessment completion.
Stay abreast of changes in industry regulations, and develop own competency through continuing education and by obtaining additional professional certifications.