Senior Associate - Regulatory Compliance

We are the 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. Our exceptional people are the key to our unrivaled, inclusive culture and talent experience and our ability to be compelling to our clients. You’ll find an environment that inspires and empowers you to thrive both personally and professionally. There’s no one like you and that’s why there’s nowhere like RSM.

RSM is seeking a Regulatory Compliance professional with experience performing internal audits, anti-money laundering, lending and/or deposit compliance reviews and testing for financial institutions to join our Risk Consulting team. The individual should be self-motivated and seeking a career in a fast-paced and evolving environment.

Position Description

• Manage and deliver assessments and other services covering regulatory compliance for banks, credit unions, broker dealers and other financial institutions
• Perform BSA/AML/OFAC independent testing for community based financial institutions, including credit unions
• Manage engagements (including planning, execution, report preparation and final wrap up), conducting exit meetings, and assisting in preparation of reporting and related risk assessment completion
• Identify areas of non-compliance with banking laws and regulations and provide actionable recommendations.
• Demonstrate expertise in lending and deposit compliance and BSA
• Communicate with clients on the review process, conclusions and potential improvements to the process.
• Provide timely, high quality client service that meets or exceeds client expectations
• Demonstrate knowledge in various facets of risk advisory services
• Stay abreast of changes in industry regulations, and develop own competency through continuing education and by obtaining additional professional certifications

Experience Required

• Application of regulatory compliance expertise in a consulting, financial institution or regulatory environment
• Development, implementation and/or evaluation of policies, procedures and processes to meet regulatory needs

Basic Qualifications

• Bachelor degree in accounting, finance or related business field and or a law degree
• Minimum 2 years of regulatory compliance experience in financial institutions
• Demonstrated understanding of banking laws and regulations, including, but not limited to, Fair Credit Reporting Act (FCRA), Truth in Lending Act (TILA), Home Mortgage Disclosure Act (HMDA), Fair Lending, and Truth in Savings Act (TISA), Bank Secrecy Act (BSA) and other related regulatory requirements.
• Knowledge of consumer financial products and services, such as deposit accounts, savings accounts, mortgages, consumer loans, and credit cards.
• Experience with a national or regional public accounting firm, or at a financial institution as a regulatory compliance officer or internal auditor, or with a regulatory agency

Preferred Qualifications

• Exceptional verbal/written communication, leadership and analytical skills needed to manage project teams, review workpapers, prepare client reports, and present results to clients in a timely manner
• Strong organizational and time management skills with ability to manage multiple priorities and projects
• CRCM, CAMS, CCBCO, AMLP or other regulatory compliance certification preferred
• Understanding of FINRA and SEC rules

At RSM, we offer a competitive benefits and compensation package for all our people. We offer flexibility in your schedule, empowering you to balance life’s demands, while also maintaining your ability to serve clients. Learn more about our total rewards at https://rsmus.com/careers/india.html.  

RSM does not tolerate discrimination and/or harassment based on race; colour; creed; sincerely held religious beliefs, practices or observances; sex (including pregnancy or disabilities related to nursing); gender (including gender identity and/or gender expression); sexual orientation; HIV Status; national origin; ancestry; familial or marital status; age; physical or mental disability; citizenship; political affiliation; medical condition (including family and medical leave); domestic violence victim status; past, current or prospective service in the Indian Armed Forces; Indian Armed Forces Veterans, and Indian Armed Forces Personnel status; pre-disposing genetic characteristics or any other characteristic protected under applicable provincial employment legislation.  

Accommodation for applicants with disabilities is available upon request in connection with the recruitment process and/or employment/partnership. RSM is 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 send us an email at careers@rsmus.com.