Experienced Associate – Financial Services Risk and Controls Consulting at RSM

Are you a motivated and detail-oriented professional with a passion for risk management and internal controls? Do you thrive in a fast-paced, dynamic environment where you can make a real impact? If so, RSM is looking for an Experienced Associate to join our growing Financial Services Risk and Controls Consulting practice in New York and Salt Lake City.

Role Overview

As an Experienced Associate, you will play a critical role in helping our clients in the financial services industry navigate complex risk and regulatory landscapes. You will work as part of a team to assess and improve the effectiveness of their internal controls, identify potential risks, and develop strategies to mitigate those risks. This role offers a unique opportunity to develop your consulting skills, gain exposure to a variety of financial services clients, and advance your career within a leading professional services firm.

A Day in the Life

Your day-to-day responsibilities as an Experienced Associate may include:

• Learning about the financial services industry and the unique challenges faced by our clients.
• Interacting with client process owners and external stakeholders to gather information and understand their business processes.
• Performing risk assessments to identify potential vulnerabilities and weaknesses in internal controls.
• Preparing client request lists and following up on outstanding items.
• Drafting narratives or flowcharts to document key business processes and controls.
• Conducting tests of the operating effectiveness of internal controls using established test plans and work programs.
• Identifying and documenting control deficiencies, observations, and recommendations for improvement.
• Contributing to the preparation of project status updates and client deliverables.
• Staying up-to-date on industry trends, regulatory changes, and best practices in risk management.

Why New York and Salt Lake City?

New York and Salt Lake City are both vibrant and growing cities with thriving financial services industries. New York is a global financial center, offering unparalleled opportunities to work with some of the world's largest and most sophisticated financial institutions. Salt Lake City is a rising star in the financial services sector, with a strong concentration of fintech companies and a growing pool of talented professionals. Both locations offer a high quality of life, with access to diverse cultural attractions, outdoor recreational activities, and affordable housing options.

Career Path

RSM is committed to providing our employees with opportunities for professional growth and development. As an Experienced Associate, you will have access to a comprehensive training program, mentorship opportunities, and a clear career path. You can advance to roles such as Senior Associate, Manager, and beyond, depending on your performance and career aspirations. We also offer opportunities to specialize in specific areas of risk management, such as cybersecurity, regulatory compliance, or data analytics.

Salary & Benefits

RSM offers a competitive salary and benefits package to attract and retain top talent. The salary range for this position is estimated to be $70,000 - $95,000 per year, depending on experience and location. In addition to salary, we offer a comprehensive benefits package that includes:

• Health insurance (medical, dental, vision)
• Paid time off (vacation, sick leave, holidays)
• 401(k) retirement plan with company match
• Life insurance
• Disability insurance
• Flexible spending accounts (FSA)
• Health savings accounts (HSA)
• Employee assistance program (EAP)
• Professional development opportunities
• Tuition reimbursement
• Employee referral bonus program

RSM Culture

At RSM, we are committed to creating a diverse and inclusive culture where all employees feel valued, respected, and empowered to succeed. We believe that our people are our greatest asset, and we invest in their development and well-being. We offer a variety of employee resource groups, mentoring programs, and volunteer opportunities to help our employees connect with each other and give back to the community. We also offer flexible work arrangements to help our employees balance their personal and professional lives.

How to Apply

If you are interested in joining our team as an Experienced Associate, we encourage you to apply online through our careers website. Please submit your resume and cover letter, highlighting your relevant experience and qualifications. We look forward to hearing from you!

Frequently Asked Questions (FAQ)

1. What is RSM? RSM is a leading provider of professional services to the middle market, including audit, tax, and consulting services.
2. What is the Financial Services Risk and Controls Consulting practice? This practice helps financial services clients assess and improve the effectiveness of their internal controls and manage risk.
3. What are the key responsibilities of an Experienced Associate? Key responsibilities include performing risk assessments, testing internal controls, and documenting findings.
4. What qualifications are required for this role? A Bachelor's or Master's degree in Accounting or a related business discipline is required, along with strong communication and analytical skills.
5. What is the salary range for this position? The salary range is estimated to be $70,000 - $95,000 per year, depending on experience and location.
6. What benefits does RSM offer? RSM offers a comprehensive benefits package, including health insurance, paid time off, and a 401(k) retirement plan.
7. What is the career path for an Experienced Associate? You can advance to roles such as Senior Associate, Manager, and beyond.
8. What is the RSM culture like? RSM is committed to creating a diverse and inclusive culture where all employees feel valued and respected.
9. How do I apply for this position? You can apply online through our careers website.
10. What is the travel requirement for this role? The ability to travel to meet client needs and work collaboratively with others in-person and remotely is required.