## Risk Consulting Supervisor 1 - Financial Services at RSM: Hyderabad, Telangana Are you a seasoned risk consulting professional with a passion for financial services? Do you thrive in a fast-paced, challenging environment where you can make a real impact? RSM is seeking a Risk Consulting Supervisor 1 to join our growing Financial Services Risk Consulting Group in Hyderabad, Telangana. This role offers an exciting opportunity to lead and deliver model validations and other consulting services for financial institutions, contributing to our purpose of instilling confidence in a world of change. ### Role Overview As a Risk Consulting Supervisor 1, you will be a key member of our team, responsible for executing model validation activities, assessing risks, and recommending improvements to the control environment for our clients. You will work with a variety of models, including those related to BSA/AML, OFAC, transaction monitoring, asset liability, and credit losses. Your expertise in model validation, coupled with your understanding of relevant laws and regulations, will be crucial in ensuring our clients' compliance and mitigating their risks. ### A Day in the Life Here's a glimpse of what your day might look like: * **Morning:** Begin by reviewing the scope and objectives of a model validation engagement. Gather necessary documentation and data from the client. * **Mid-day:** Perform testing and analysis of the model's design, data, output, and governance. Identify potential risks and weaknesses. * **Afternoon:** Document your findings and develop recommendations for improving the model's performance and compliance. Collaborate with team members to discuss and refine your recommendations. * **Evening:** Prepare a draft report of your findings and recommendations for the client. Participate in a client meeting to present your findings and answer questions. ### Why Hyderabad, Telangana? Hyderabad is a vibrant and rapidly growing city in India, known for its rich history, diverse culture, and thriving technology industry. It's a major hub for financial services and offers a wealth of opportunities for career growth and personal development. RSM's presence in Hyderabad provides access to a diverse client base and a supportive work environment. ### Career Path At RSM, we are committed to your professional growth. This Risk Consulting Supervisor 1 role is a stepping stone to further advancement within our Risk Consulting practice. With proven performance and dedication, you can progress to roles such as Manager, Senior Manager, and ultimately, Partner. We provide ongoing training and development opportunities to help you enhance your skills and advance your career. ### Salary & Benefits While the specific salary for this role is not disclosed, we offer a competitive compensation package commensurate with your experience and qualifications. In Hyderabad, a Risk Consulting Supervisor 1 with the required skills and experience can expect to earn between INR 900,000 to INR 1,500,000 per year. In addition to salary, we offer a comprehensive benefits package, including health insurance, paid time off, retirement savings plan, and more. ### RSM Culture RSM is known for its unrivaled, inclusive culture and talent experience. We value our people and empower them to thrive both personally and professionally. You'll find an environment that inspires and supports you to reach your full potential. We are committed to diversity and inclusion and celebrate the unique perspectives and experiences of our employees. ### How to Apply Ready to join our team? Apply online through the RSM careers website. Be sure to highlight your relevant experience, skills, and qualifications in your application. We look forward to hearing from you! ### Frequently Asked Questions (FAQ) **1. What is RSM's approach to model validation?** RSM takes a risk-based approach to model validation, focusing on the models that pose the greatest risk to our clients. We use a combination of quantitative and qualitative techniques to assess the model's design, data, output, and governance. **2. What types of models will I be validating?** You will be validating a variety of models commonly used in the financial services industry, including those related to BSA/AML, OFAC, transaction monitoring, asset liability, and credit losses. **3. What are the key skills required for this role?** The key skills required for this role include strong analytical skills, expertise in model validation, knowledge of relevant laws and regulations, excellent communication skills, and the ability to work independently and collaboratively. **4. What is the career path for this role?** With proven performance and dedication, you can progress to roles such as Manager, Senior Manager, and ultimately, Partner. **5. What is the work environment like at RSM?** RSM offers a supportive and collaborative work environment where you are empowered to thrive both personally and professionally. We value diversity and inclusion and provide ongoing training and development opportunities. **6. Does RSM offer flexible work arrangements?** Yes, RSM offers flexibility in your schedule, empowering you to balance life's demands. **7. What kind of training will I receive?** RSM provides ongoing training programs to help you maintain and grow your knowledge in model validation and industry best practices. **8. What are the benefits of working at RSM?** RSM offers a competitive benefits package, including health insurance, paid time off, retirement savings plan, and more. **9. What is the interview process like?** The interview process typically involves a phone screening, followed by one or more in-person or virtual interviews with members of the Risk Consulting team. **10. What is RSM's commitment to diversity and inclusion?** RSM is committed to diversity and inclusion and celebrates the unique perspectives and experiences of our employees. We believe that a diverse and inclusive workforce is essential to our success. **11. What is model risk management?** Model risk management is the practice of identifying, assessing, and mitigating the risks associated with the use of models. It involves establishing policies, procedures, and controls to ensure that models are used appropriately and that their outputs are reliable. **12. What are the key components of a model validation?** A model validation typically includes a review of the model's conceptual soundness, data quality, model implementation, and model performance.