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RSM US LLP · 1 day ago

Senior Associate - Process Risk & Controls Consulting (Global Banks)

New York, NY

Full-time

Hybrid

Mid, Senior Level

$78K/yr - $147K/yr

2+ years exp

RSM US LLP is a leading provider of professional services to the middle market globally, aiming to empower clients and their people. They are seeking a Senior Associate in Process Risk and Controls Consulting focused on Global Banking, where the candidate will assist in project planning, conduct fieldwork, and collaborate with clients to ensure effective internal controls.

AccountingConsultingFinancial Services

Growth Opportunities

No H1B

Responsibilities

Possess a strong understanding of internal controls concepts and their application in differentiated client environments, specifically within complex global banking organizations

Capable of conducting fieldwork independently, with guidance from client and project team members, while having the opportunity to lead more junior team members and sharing knowledge and coaching on how to execute against project objectives

Prior practical experience with understanding and independently assessing policies, procedures, and controls of our clients’ business processes

Have a fundamental understanding of strategic planning and other business matters, helping their project team to identify emerging risks and opportunities

Prior practical experience with identifying internal controls, assessing their design and operational effectiveness, identifying where controls have not operated effectively, present potential risk exposures to project team members and assist in the development of remediation plans to support providing remediation guidance to clients

Have an understanding of concepts related to reviewing, documenting, evaluating, and testing application controls, particularly automated controls on a wide range of externally developed and in house developed software applications across a variety of client business processes

Have an understanding of the use of key reports, data transmissions, input/output data controls, and data lineage in business operations

Ability to identify and interpret technical findings and draft recommendations that will be presented to a broad range of both business and information technology client stakeholders

Desire to research and identify emerging trends within the global banking sector (e.g. machine learning/automation, use of data and analytics, etc.)

Prior introduction to working with various control frameworks

Model the core RSM values of respect, integrity, teamwork, excellence, and stewardship in all interactions with clients and team members

Be open to new ideas and challenges and help foster a culture that encourages people to ask questions, seek diverse perspectives, and challenge those around you

Develop executive presence through interactions with management within RSM and our clients

Develop meaningful relationships with client personnel and colleagues

Support RSM’s goals around diversity and inclusion by nurturing an environment that understands individuality, promotes authenticity, and values varied perspective in arriving at solutions

Continually demonstrate an eagerness and willingness to learn more about the Global Banking sector and the clients that we serve in in this space and leverage your understanding to advance towards becoming your clients’ trusted advisor

Exhibit basic knowledge of key global banking industry fundamentals, regulatory environment, and terminology

Identify current and relevant global banking industry thought leadership and share with clients as relevant

Independently implements and coaches associates on foundational global banking industry policies, procedures, and work-programs

Owns process level client relationships and collaboration with external stakeholders

Prepare/Review initial drafts and follow-ups on client request lists

Participate in risk assessment management interviews. Update risk assessment models and complete initial draft of identified risks

Prepare and conduct tests of the operating effectiveness of clients’ internal controls

Draft internal controls operational effectiveness test plans or work programs for review by senior members of the team

Create/review narratives or flowcharts for a process. Identify and review all risks and controls for a process as needed

Perform first level review of staff work for accuracy, completeness, and well-reasoned conclusions

Manage budgets and provide accurate analysis of estimates to complete to project leader

Review and complete status documents for client delivery

Prepares initial draft of client facing reports

Develop the ability to support multiple client projects simultaneously, while actively contributing to other firm initiatives

Encourage colleagues to think creatively, strive for growth through development opportunities, and maximize results while working within a team environment

Proactively seek out opportunities to learn from or teach team members, build a coaching/mentoring network and take advantage of training opportunities to continually expand skills and leadership capability

Maintain willingness to give and receive candid feedback in both written and verbal form. Commit to self-development in response to constructive feedback received

Provide assistance, guidance, and feedback to associates assigned to work with you

Support recruiting efforts by understanding and promoting the RSM brand

Actively participate in relevant industry associations and learning/development events to build industry perspective and contacts

Gain knowledge of key information technology fundamentals, regulatory environment, and terminology relevant to the global banking sector

Build an internal network and become aware of other services provided by the firm

Qualification

Internal controls knowledgeRisk assessment experienceData analytics toolsBanking industry knowledgeSpreadsheet proficiencyPresentation creation toolsJob-relevant certificationProfessional writing skillsEffective communicationTime managementTeam collaboration

Required

Bachelor's or Master's degree in business, accounting or related discipline

Minimum of two (2) years of practical experience in external audit, internal audit, or related internal control positions serving large global banking institutions

Proficiency in professional writing, spreadsheet, and presentation creation tools

Ability to travel to meet client needs and work collaboratively with others in-person and remotely

Effective communication skills, both verbally and in writing

Effective time management and prioritization skills

Qualified to pursue a job-relevant certification including CPA, CIA, CISA

Preferred

Exposure to data analytics tools is preferred

Benefits

Flexibility in your schedule

Discretionary bonus based on firm and individual performance

Company

RSM US LLP

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Founded in 1926

Chicago, Illinois, USA

10001+ employees