Consulting Senior Associate - ​​RAS Bank Regulatory Compliance

  • Company: RSM US LLP
  • Location: New York, New York
  • Posted: March 20, 2018
  • Reference ID: req2510

We are seeking an experienced consultant with AML Model Validation experience in our New York City office, who will execute technical and data validation related activities for model validation, system/technology implementation, and other related projects in the Bank Secrecy Act (BSA) / Anti-Money Laundering (AML), Sanctions, and regulatory compliance domain. This will role will focus on our financial institution clients, including banks, broker-dealers, asset management, and other financial services organizations. The Consultant will be responsible for assisting in the evaluation of the underlying technical processes and data for BSA/AML, Sanctions, and other regulatory compliance models to assess that they contain accurate and complete data and are functioning as intended. In addition to model validation work, the consultant will focus on independent testing, risk assessments and look-back engagements.

Responsibilities Include:   

  • Work individually or as part of a team to provide project execution on client engagements
  • Contribute to strong client relationships through positive client support and sound expertise
  • Demonstrate expertise in BSA/AML and Sanctions including model validation, BSA/AML program independent testing, and other BSA/AML advisory services   
    Supervise junior staff and serve as engagement “in-charge”
  • Using proven tools and techniques, execute project deliverables in a manner consistent with our client's business objectives

Basic Qualifications:                                                                                                          

  • Experience with BSA/AML and sanctions requirements for financial institutions and ability to apply risk-based concepts to a variety of client scenarios
  • Experience with data analysis, data integration and data validation activities with financial institutions.
  • Experience using or analyzing common suspicious activity monitoring and sanctions screening systems.
  • Experience developing written summary and analysis of technical testing and AML model validation activities.
  • Experience with SQL, Microsoft Excel, Microsoft Access, R, and/or reporting and analytics tools.
  • Ability to communicate and work with information technology (IT) personnel.
  • Ability to gather and manipulate data from disparate sources and forms.
  • Strong analytical, attention to detail, and organizational skills
  • Bachelor's degree in Finance, Accounting or related business field of study
  • Previous experience working in a consulting or professional services environment
  • Willingness to travel up to 60% of time annually 
  • Minimum 3 years of experience in a professional services firm, financial institution or financial institution regulatory agency

Preferred Qualifications:

  • CAMS or equivalent certification
  • Experience working with or for financial institutions with international and/or private banking services.
  • Excellent verbal, written and interpersonal communication skills
  • Ability to work individually or in small project teams; collaborate

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