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, inclusive 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.
Risk Consulting Senior Associate
Location: Toronto, ON
Work Arrangement: Hybrid
Employment Type: Temporary
Position Description
RSM is seeking a Risk Consulting Senior Associate to join our Risk Consulting practice and support a regulatory compliance monitoring and testing engagement within the financial services industry.
In this role, you will support the execution of risk-based compliance testing across a complex banking environment, with a focus on investment banking and capital markets regulatory requirements. You will be responsible for executing compliance reviews from planning and scoping through testing, issue identification, documentation, and reporting.
The ideal candidate has 5–7 years of relevant experience and a strong background in regulatory compliance, compliance testing, or risk and controls within banking, investment banking, or capital markets.
Responsibilities
- Execute end-to-end, risk-based compliance monitoring and testing reviews.
- Interpret applicable regulatory requirements and determine appropriate testing scope and procedures.
- Review regulatory requirements and associated control mappings.
- Conduct walkthroughs with business, compliance, risk, and control stakeholders.
- Develop testing procedures, select samples, and review supporting evidence.
- Evaluate the design and effectiveness of controls in addressing applicable regulatory requirements.
- Document testing procedures, results, conclusions, and identified issues in a clear and defensible manner.
- Communicate testing observations and potential findings to business and compliance stakeholders.
- Prepare clear and concise testing reports and materials for management.
- Collaborate with Compliance, Risk, Governance & Controls, Internal Audit, and other business and control functions.
- Support testing planning, coverage assessments, quality reviews, management reporting, and changes to testing plans.
- Investigate regulatory mapping, control ownership, and data-quality issues identified during testing.
- Record and track findings in ServiceNow and support remediation activities.
- Manage multiple testing engagements and priorities while meeting established timelines and quality expectations.
Qualifications
- 5–7 years of experience in regulatory compliance, compliance testing, monitoring, risk and controls, compliance assurance, or a related area.
- Experience within investment banking, capital markets, banking, or financial services.
- Strong understanding of regulatory compliance risks and controls within an investment banking or capital markets environment.
- Hands-on experience executing risk-based compliance or controls testing.
- Ability to interpret regulatory requirements and assess the effectiveness of associated controls.
- Experience with walkthroughs, sampling, evidence review, testing documentation, and issue identification.
- Strong analytical, problem-solving, and professional judgment skills.
- Strong written and verbal communication skills, with the ability to clearly document and communicate testing conclusions.
- Demonstrated ability to work effectively with business, risk, compliance, audit, and senior-level stakeholders.
- Ability to independently manage multiple workstreams and competing priorities.
- Proficiency with Microsoft Office.
Preferred Qualifications
- Experience with Canadian financial services regulatory requirements.
- Experience working within a second-line compliance monitoring and testing function.
- Prior consulting or client-facing experience.
- Experience with ServiceNow and/or MERLIN.
- Toronto-based or within reasonable commuting distance to support a hybrid working arrangement.
At RSM, we offer a competitive benefits and compensation package for all our people. Learn more about our total rewards at https://rsmcanada.com/careers/life-at-rsm/rewards-and-benefits.html.
We believe flexibility and in-person connection both play an important role in how we work and grow. Most roles at RSM follow a hybrid workstyle, which means team members are aligned to an RSM office and come together in person when it best supports clients, teams, development or relationship-building. Some roles may be virtual or primarily on-site based on role requirements, team priorities and client needs.
RSM does not tolerate discrimination and/or harassment based on race; colour; creed; sincerely held religious beliefs, practices or observances; sex (including pregnancy or disabilities related to nursing); gender (including gender identity and/or gender expression); sexual orientation; 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 Canadian uniformed service; Canadian Military/Veteran status; pre-disposing genetic characteristics or any other characteristic protected under applicable provincial employment legislation.
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 careers@rsmus.com.
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: $54 - $80 per hour
