Investment Specialist

Risk & Regulatory Consulting LLC; Pennsylvania; Hybrid; USD 134,000 - 269,000; Full time

Benefits offered by this job

Discretionary bonus

Job summary

Risk & Regulatory Consulting, LLC (RRC) invites an Investment Specialist to join a regulatory-focused team working on financial examinations, investment analyses, and project work for insurance entities. The role emphasizes evaluating portfolios, policies, and controls with interaction at executive levels and cross-functional collaboration.

The position offers remote USA-based work and both full-time or part-time options, with a strong path for advancement and professional growth within a major

Qualifications

• Bachelor's degree in Finance or Accounting required.
• 10+ years in investment management or investment risk management in insurance, banking, or asset management industry.
• MBA/CPA/CFA or similar certifications preferred.

Responsibilities

• Review and analyze investment strategies, policies and controls.
• Assess investment risk management processes and hedging programs.
• Evaluate investment-related agreements and governance functions.
• Support regulatory exams and client status meetings; prepare deliverables.

Skills

Critical thinking

Problem solving

Time management

Project management

Analytical skills

Communication skills

Interpersonal skills

Executive interaction

Education

Bachelor's Degree in Finance or Accounting

MBA

CPA

CFA

Tools

Microsoft 365

Job description

Company Overview

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, 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.

Position Overview

Investment Specialist Risk & Regulatory Consulting, LLC (RRC)

Remote—USA location

Open to Full-time or Part-time applicants

The Investment Specialist will be responsible for evaluating investment portfolios as part of regulatory oversight projects (financial examinations, analysis, and special projects), assessing practices and strategies of insurance entities, identifying specific investment related issues, and recommending solutions to address findings. This position has opportunity for advancement as well as personal and professional growth.

Specific Duties and Responsibilities

• Work closely with regulators to review and provide analysis for companies’ investment strategies, products, portfolios, investment plans, and agreements.
• Review of entities’ investment policies, guidelines, procedures and controls regarding investment accounts, performance of procedures to verify or establish existence, ownership, and valuation of investment accounts.
• Ability to compare and contrast investment activities with industry benchmarks.
• Review companies’ investment risk management process.
• Review and assess companies’ derivative investment portfolio and hedging program.
• Review and evaluate companies’ investment-related agreements.
• Support investment team in other aspects of a risk-focused financial exam, including: Develop interview questions and lead/assist in leading investments interviews of senior and executive management at companies; assess governance functions over investment areas.
• Execute testing of compliance with state laws, rules and regulations.
• Participate in client status meetings, prepare and review deliverables, and assist in identifying issues which will be communicated to the client.
• Review valuation and assess impairment of investments including asset backed securities, mortgage-backed securities, collateralized debt obligations, among others.
• Work with other specialists, such as actuaries and reinsurance specialists, as well as financial examiners, on investment issues impacting their work.
• Communicate complex investment topics to clients and other stakeholders.
• Document work in accordance with defined regulatory requirements.
• Forward-thinking leader with a collaborative focus who can consult effectively with key constituents and become recognized as a valued resource.
• Self-motivated and a strong sense of urgency to meet deadlines.

Other Attributes

• Demonstration of ethical, integrity, and professional standards as outlined by the Firm Risk & Regulatory Consulting, LLC (RRC).
• Flexibility to travel occasionally.
• Prior supervisory experience and the ability to guide/support team members with an emphasis on team building and team development.
• Dynamic/flexible demeanor with outstanding interpersonal skills and a "can do", team-first attitude to provide exceptional client service to RRC’s clients.

Basic Qualifications

• Bachelor’s Degree in Finance or Accounting.
• 10+ years of relevant experience in investment management or investment risk management in insurance, banking, or asset management industries.

Preferred Qualifications

• MBA, CPA and/or other professional certification(s) preferred; including Certified Investment Specialist (CIS), Chartered Financial Analyst (CFA).
• Insurance Industry portfolio management.
• Experience with reviewing/assessing/documenting investment-related internal controls and governance.

Required Qualifications

• Demonstrated critical-thinking and problem-solving abilities.
• Proficiency with the Microsoft 365 suite of products and business productivity tools, including experience in using software for producing presentations, reports, spreadsheets, and project planning.
• Demonstrated time management and project management skills.
• Ability to interact with all levels of personnel, including executives and senior managers.
• Advanced analytical skills, including statistical sampling, with the ability to interpret financial data and provide insights.
• Excellent presentation, verbal, and written communication skills with a strong attention to detail with regards to spelling, grammar, mathematical accuracy (e.g., Excel formulas), and readability in all deliverables.
• Excellent organizational skills and the ability to manage and prioritize multiple tasks, projects and assignments simultaneously.

About RRC

Risk & Regulatory Consulting, LLC (RRC), an affiliate of RSM, is a national, leading professional services firm dedicated to providing exceptional regulatory services to clients. RRC offers services in the following regulatory areas: financial examinations, market conduct examinations, insolvency and receiverships, actuarial services and valuations, investment analysis, reinsurance expertise, market analysis and compliance, and special projects. RRC is a results-oriented firm committed to success that builds long-term relationships with its clients.

Compensation & Benefits

Compensation Range: $134,000 - $269,000. Individuals selected for this role will be eligible for a discretionary bonus based on firm and individual performance.

At RSM, we offer a competitive benefits and compensation package for all our people. We offer flexibility in your schedule, empowering you to balance life’s demands, while also maintaining your ability to serve clients. All applicants will receive consideration for employment as RSM does not tolerate discrimination and/or harassment based on race; color; creed; sincerely held religious beliefs, practices or observances; sex (including pregnancy or disabilities related to nursing); gender; sexual orientation; HIV Status; 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 US uniformed service; US Military/Veteran status; pre-disposing genetic characteristics or any other characteristic protected under applicable federal, state or local law.

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 [e-mail].

RSM does not intend to hire entry level candidates who will require sponsorship now OR in the future (i.e. F-1 visa holders). RSM will consider for employment qualified applicants with arrest or conviction records.

For those living in California or applying to a position in California, please click here for additional information.

Why work at RSM?

At RSM, we accomplish meaningful work and make an impact on the world around us. We work hard to fully understand our clients and work even harder to understand and identify your unique skills. We celebrate the differences among us and empower our talented professionals to grow forward, both personally and professionally. Our clients benefit from fresh insights and energy as we collaborate to support them, and our teams enjoy a work environment that inspires and empowers them to thrive.