Senior Associate, Risk Consulting Global Banks (Internal Audit/Compliance)

RSM US LLP • New York, NY

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About The Position

RSM is currently seeking a strong consumer compliance professional to join a fast-growing team focused on providing our clients critical assistance in developing and maintaining compliance with financial regulations. As a Senior Associate in RSM's Global Bank Regulatory Compliance group, you will be a key participant in various activities related to compliance for global banks and other financial institutions. This includes evaluating the current state of compliance programs, identifying deficiencies, enhancing controls, and advising on strengthening the program. You will also participate in the development and implementation of compliance policies and controls, conduct independent testing or audits of consumer compliance programs, and suggest improvements for governance, monitoring, training, and testing. Additionally, you will participate in responding to enforcement actions by developing and executing corrective action plans to ensure sustainable compliance programs consistent with regulatory expectations and industry standards. You will also develop relationships with existing and prospective clients in the banking and financial services industries, providing high-quality client service. Engagements will involve planning, execution, workpaper review, report preparation, and final wrap-up, including conducting exit meetings and assisting with reporting and risk assessment completion. Staying abreast of industry regulations and pursuing continuing education and professional certifications are also key aspects of the role.

Requirements

• Two+ years of experience in compliance, internal audit or other control-related functions in a national consulting firm or in the financial services industry
• Strong knowledge of consumer compliance regulations and associated controls
• Exposure to the design and implementation of compliance programs
• Good verbal/written communication, leadership, analytical and client service skills, and 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
• Ability to travel

Nice To Haves

• Experience in a regulatory body preferred
• 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 or audit certifications (e.g. CRCM, CIA, etc.) preferred

Responsibilities

• Participate in assessments and other services covering compliance for global banks and other financial institutions
• Participate in the evaluation of the current state of the compliance program, identify any deficiencies to enhance controls, and leverage your knowledge to provide advice to strengthen the compliance program
• Participate in the development and implementation of compliance policies and controls
• Participate in the independent testing or audits of all aspects of the client’s consumer compliance 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

Benefits

• Flexibility in your schedule, empowering you to balance life’s demands, while also maintaining your ability to serve clients.
• Competitive benefits and compensation package

What This Job Offers

• Job Type: Full-time
• Career Level: Senior