BD/RIA Regulatory Risk Manager

RSM US LLP; Chicago (IL); On-site; USD 101,000 - 203,000; Full time

Benefits offered by this job

Discretionary bonus

Competitive benefits

Job summary

RSM US LLP is seeking a highly motivated manager to lead regulatory compliance efforts for broker-dealers and registered investment advisers within its Financial Services Risk Consulting practice in Chicago. You will drive assessments, provide governance recommendations, and manage multiple client engagements while mentoring teams.

You will stay current on industry regulations, develop client relationships, and contribute to business development.

Qualifications

• Bachelor's degree in Accounting, Finance, Business Administration, or Economics or related field; advanced degree (MBA, MSF) a plus.
• 4+ years of relevant professional experience, including prior experience at a Big Four or comparable national public accounting/consulting firm.
• Regulatory Compliance Expertise: Demostrated experience in broker-dealer and/or asset manager (RIA) regulatory compliance, with a focus on regulatory financial reporting, with working knowledge of applicable SEC and FINRA rules and examination priorities.
• Enterprise Risk Management: Hands-on experience designing, assessing, or advising on ERM frameworks, risk assessments, and internal control environments.
• Technical Skills: Ability to lead internal audit, compliance testing, and advisory engagements - including scoping, work program design, testing, and reporting.

Responsibilities

• Manage and deliver assessments and other services covering regulatory compliance for BDs and RIAs.
• Evaluate the current state of the BD or RIA compliance program, identify any deficiencies to enhance controls, and leverage your knowledge to provide advice to strengthen the compliance program.
• Conduct independent testing or audits of all aspects of the client's compliance program and suggest strategies and improvements for governance, monitoring, training and testing.
• Respond to enforcement actions focusing on developing and executing a corrective action plan that results in a compliance program that is sustainable and consistent with regulatory expectations and industry standard practices.
• Develop strong relationships with existing clients and prospective clients within banking and financial services industries, providing timely, high quality client service that meets or exceeds expectations.
• Manage engagements (including planning, execution, workpaper review, report preparation and final wrap up), conducting exit meetings, and assisting in preparation of reporting and related risk assessment completion.
• Communicate with clients on the review process, conclusions and potential improvements to the process.
• Stay abreast of changes in industry regulations, and develop own competency through continuing education and by obtaining additional professional certifications.

Skills

Leadership

Regulatory compliance

ERM framework

Internal audits

Communication

Analytical thinking

Adaptability

Project management

Education

Bachelor's degree

MBA

Job description

RSM US LLP is seeking a highly motivated manager to lead regulatory compliance efforts for broker-dealers and registered investment advisers within its Financial Services Risk Consulting practice in Chicago. You will drive assessments, provide governance recommendations, and manage multiple client engagements while mentoring teams.

You will stay current on industry regulations, develop client relationships, and contribute to business development.