Senior Associate

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, 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 US LLP is seeking a Senior Associate to join the Global Financial Services ERM and GRC Advisory practice, with a focus on Operational Risk management service delivery.  The Senior Associate role is primarily responsible for supporting the delivery, development, implementation, and management of an effective Operational Risk Management Program for our client(s).  This includes executing and enhancing various foundational elements of the Operational Risk program for the client(s) and ensuring those elements operate effectively and in a sustainable manner. 

ESSENTIAL DUTIES AND RESPONSIBILITIES:

Risk Assessment

• Facilitate and conduct comprehensive risk and control self-assessments (RCSA) across key bank processes and systems to identify and evaluate operational risks.

• Document process flows and comprehensive risk and control descriptions, specific to the bank’s operations.

• Analyze data and information to assess impact and likelihood of identified risks. 

Regulatory Compliance

• Knowledge of industry standards risk management approaches: OCC Heightened Standards, OCC Enhanced Prudential Standards, Basel, COSO, etc.

Policy Development

• Assist in the development and enhancement of operational risk policies, procedures, and standards for banking clients.

• Collaborate with internal stakeholders to ensure that policies align with industry best practices and regulatory expectations.

Risk Monitoring and Reporting

• Assist in establishing key operational risk indicators and implementing monitoring processes and reporting dashboards.

• Assist in the preparation of management and committee risk reporting, highlighting the status of operational risks, emerging trends, and recommended actions and mitigation strategies.

Training and Awareness

• Conduct and facilitate training sessions to raise awareness of operational risk within the client’s organization.

• Provide guidance to clients on risk program and mitigation strategies and industry best practices.

JOB SPECIFICATIONS:

Knowledge, Skills & Abilities

• Knowledge of operational risk best practices within the financial services industry including, but not limited to, RCSAs, scenario analysis, and incident management.

• Have a structured and determined approach to work, display a keen sense of attention to detail.

• Ability to interact comfortably with senior management, articulate issues clearly and succinctly, and to challenge existing views.

• Excellent communication skills, both verbal and written.

• Demonstrate the ability to act with integrity and maturity.

• Strong analytical and problem-solving skills. 

Experience & Education

• Minimum 4 years’ experience in operational risk management within the financial services and/or banking industry

• Bachelor’s degree is required. MBA preferred.

• Prior Risk Advisory and/or Consulting experience is preferred

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/working-at-rsm/benefits.

All applicants will receive consideration for employment as RSM does not tolerate discrimination and/or harassment based on race; color; creed; sincerely held religious beliefs, practices or observances; sex (including pregnancy or disabilities related to nursing); gender; 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 US uniformed service; US Military/Veteran status; pre-disposing genetic characteristics or any other characteristic protected under applicable federal, state or local law.

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 call us at 800-274-3978 or send us an email at [email protected].

RSM does not intend to hire entry level candidates who will require sponsorship now OR in the future (i.e. F-1 visa holders). If you are a recent U.S. college / university graduate possessing 1-2 years of progressive and relevant work experience in a same or similar role to the one for which you are applying, excluding internships, you may be eligible for hire as an experienced associate.

RSM will consider for employment qualified applicants with arrest or conviction records in accordance with the requirements of applicable law, including but not limited to, the California Fair Chance Act, the Los Angeles Fair Chance Initiative for Hiring Ordinance, the Los Angeles County Fair Chance Ordinance for Employers, and the San Francisco Fair Chance Ordinance. For additional information regarding RSM’s background check process, including information about job duties that necessitate the use of one or more types of background checks, click here.

At RSM, an employee’s pay at any point in their career is intended to reflect their experiences, performance, and skills for their current role. The salary range (or starting rate for interns and associates) for this role represents numerous factors considered in the hiring decisions including, but not limited to, education, skills, work experience, certifications, location, etc. As such, pay for the successful candidate(s) could fall anywhere within the stated range.

Compensation Range: $77,700 - $146,900