Senior Associate

1 week ago


Chicago, Illinois, United States RSM Full time
About the Role

We are seeking a highly skilled Senior Associate to join our Risk Consulting practice at RSM. As a key member of our team, you will be responsible for leading and delivering regulatory compliance internal audits, assessments, and model validations for financial institutions.

Key Responsibilities
  • Execute model validation activities and testing against BSA/AML and OFAC models, assessing risks related to model design, data, output, and governance.
  • Lead and execute AML independent audits, assessing risks, testing controls, and providing recommendations concerning AML compliance procedures.
  • Demonstrate expertise in BSA/AML and OFAC laws and regulations, and apply requirements in a financial services environment.
  • Identify risks, assess mitigating controls, and make recommendations on improving the control environment.
  • Contribute to the development and maintenance of testing documentation, procedures, and tools to automate and standardize validation processes.
  • Participate in ongoing training programs to maintain and grow knowledge in BSA/AML and OFAC regulations and industry best practices.
Requirements
  • Bachelor's or Master's Degree in Accounting, Finance, or a related field.
  • Strong communication skills and ability to manage multiple tasks while meeting internal and external deadlines.
  • Proficiency in word processing, spreadsheet, and presentation creation tools.
  • Familiarity with Actimize, FIS Prime, or Verafin systems.
  • Minimum 2 years of AML, Regulatory Compliance, and/or Model Validation experience in financial institutions.
Preferred Qualifications
  • CAMS, CFE, ACFCS certifications.
  • Experience working with or for regulatory agencies such as the FRB, OCC, FDIC, NYDFS.
  • Effective verbal, written, and interpersonal communication skills.
  • Ability to work independently and collaboratively in a team setting.
  • Strong project management skills, including flexibility in prioritizing and completing workloads to meet deadlines and work objectives.
About RSM

RSM is a leading provider of professional services to the middle market globally. Our purpose is to instill confidence in a world of change, empowering our clients and people to realize their full potential. We offer a competitive benefits and compensation package, flexibility in your schedule, and a culture that inspires and empowers you to thrive both personally and professionally.

We are an Affirmative Action and Equal Opportunity Employer, committed to providing equal opportunity and reasonable accommodation for people with disabilities. If you require a reasonable accommodation to complete an application, interview, or otherwise participate in the recruiting process, please contact us at or send an email to.


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