Principal Consultant

RSMUK; Leeds; On-site; GBP 50,000 - 70,000; Full time

Job summary

Join a leading firm as a manager in the Financial Services Risk Assurance team, responsible for delivering internal audits and risk assurance services to financial clients. This role involves client management, staff training, and ensuring high standards of quality in service delivery, contributing to the firm's growth and brand integrity.

Benefits

Flexible working environment

Professional development opportunities

Qualifications

• Extensive practical experience in audit within professional services.
• Technical proficiency in financial services audit standards and compliance.
• Experience across various financial sectors including banking and insurance.

Responsibilities

• Manage resource planning and training for junior staff.
• Oversee client engagements and ensure quality delivery.
• Contribute to business development initiatives and cross-functional referrals.

Skills

Client Engagement

Stakeholder Management

Risk Assurance

Internal Audit

Quality Assurance

Job description

Consulting brings together multiple teams across Transactions, Risk & Consulting, ABA, and Outsourcing to provide client-centric solutions for RSM's current and future clients within the middle market. Our Consulting team has a major role to play in driving forward the growth of the firm with over 1,700 people delivering almost £200m revenue.

At the heart of Consulting are the six solutions we offer our clients: business transformation, deal services, finance function support, risk and governance, forensic and investigation services, and restructuring. Our solutions create an enhanced tailored approach to support our clients in achieving their strategic goals and empower our people to make an impact and develop their own unique career path.

This role sits in the Financial Services Risk Assurance (FSRA) team, which is part of the wider Risk Assurance Services faculty.
The role-holder will support the Client Management Team in the day-to-day delivery of internal audit and wider risk assurance services to a portfolio of financial services clients. The management activities will require the individual to travel in the UK.

Overall job purpose

In delivering internal audit and risk assurance services, the role-holder will be a strong ambassador for the RSM brand, promoting brand awareness and upholding high ethical standards of business that protect the brand, the UK firm, its staff and its clients.

Responsibilities

Staff Management

• Resource planning to ensure all client engagements are adequately resourced in a timely manner.
• Providing bespoke training programmes for junior staff.
• Managing staff utilisation figures.

Client Delivery

Oversee delivery of client work as part of the engagement delivery team, being a recognised RSM Manager for client engagements:

• Agreeing engagement scopes with clients.
• Overseeing client delivery by team members.
• Quality assurance reviews of internal audit files and reports.
• Effective stakeholder engagement and relationship management.

Financial

• Manage internal audit contracts and individual reviews in line with the agreed budgets.
• Billing, invoicing and recovery management.

Business Development

• Assist the Partner in business development initiatives, including being involved in tender presentations and visits to target clients and networking at various events to build the RSM brand.

Contribution to wider FS faculty

Contribute to the firm wide FS faculty through:

• Cross referral of opportunities to other service lines and disciplines.
• Playing full role in FS sector groups and initiatives.
• Joint targeting with other service lines.

Requirements

Extensive practical experience of working in an equivalent position in a professional services firm or large in-house function within industry. Technically proficient in executing and leading audits in accordance with IIA standards and the standards on effective audit in financial services across several of the following areas, such as:

• Regulatory reporting (COREP/FINREP)
• Client Money and Assets (CASS)
• CRD IV
• MIFID II
• Recovery & Resolution Planning (RRP)
• ICAAP and Pillar 3 reporting Senior Managers & Certification Regime
• FCA Systems and Controls - especially in relation to Compliance and Risk Management Frameworks
• Governance
• Conduct Risk Management

The role holder will have extensive experience of working in different financial services sectors, such as:

• Insurance
• Banking
• Alternative Finance / Lending
• FX Trading
• Investment Management and funds
• Asset Management
• Broker/dealers and Prop traders
• Investment banking and stockbroking

Diversity and Inclusion at RSM
At RSM, we want to create a strong sense of belonging so that people of all identities, backgrounds, and cultures feel they can bring their true self to work. Our clients come from all walks of life. We aim to achieve that same diversity of background, experience and perspective in our own teams, so that we can genuinely understand our client's needs. Diverse teams bring a broader range of ideas and insights to work. That's why we're working together to ensure our firm's principles and processes support a firm culture that embraces difference and strengthens inclusion.
At RSM we work hard to create an environment where our people can make a difference - to themselves, their career, their teams, and to the success of our firm and clients. We support all our people to work flexibly, to manage their family and other responsibilities alongside their work commitments; we believe this is key to achieving an inspiring and fulfilling working environment.]]>