Risk Advisory, Regulatory Compliance Senior Associate

  • Company: RSM US LLP
  • Location: Chicago, Illinois
  • Posted: March 09, 2018
  • Reference ID: req1304

Risk Advisory - Senior Associate - BSA/AML Compliance


Job Summary

RSM's AML & Regulatory Compliance practice in the Great Lakes Region is seeking an experienced consultant with AML model validation experience for our Chicago office. This position will execute technical and data validation related activities for model validation, system/technology implementation, and other related projects within the Bank Secrecy Act / Anti-Money Laundering (BSA/AML), economic sanctions and regulatory compliance domain.  This will role will focus on our financial institution clients, including banks, credit unions, 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 suspicious activity monitoring, customer risk scoring, sanctions and other regulatory compliance models to evaluate and verify if they capture complete and accurate data, and if they are aligned with the business objectives and functioning as intended. In addition to model validation work, the consultant may be assigned to BSA/AML independent testing engagements, risk assessments and look-back projects. The consultant may also be assigned to regulatory compliance engagements if needed.


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 economic sanctions, including model validation, BSA/AML program independent testing, and other BSA/AML advisory services

  • Supervise junior staff and serve as engagement “in-charge”

  • Use proven tools and techniques, and 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
  • Knowledge and experience with statistical analysis and software applications
  • Experience using or analyzing common suspicious activity monitoring and sanctions screening systems (e.g., Verafin, Yellow Hammer, Patriot Officer, FCRM, Prime)
  • Experience developing written summary and analysis of technical testing and AML model validation activities
  • Experience with Tableau, 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, Statistics or related business field of study

  • Previous experience working in a consulting or professional services environment

  • Willingness to travel up to 60% of time or more annually

  • Minimum 3 years of experience in a professional services firm, financial institution or financial institution regulatory agency



Preferred Qualifications:


  • CAMS or equivalent certification

  • CIA, CPA certification a plus

  • 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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