Risk Advisory - Senior Associate - BSA/AML Compliance
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.
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
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
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