Consulting Manager - Operational Risk (Global Banks)

Posted:
8/8/2024, 5:00:00 PM

Location(s):
New York, New York, United States ⋅ Charlotte, North Carolina, United States ⋅ Chicago, Illinois, United States ⋅ Florida, United States ⋅ New York, United States ⋅ Illinois, United States ⋅ Dallas, Texas, United States ⋅ Texas, United States ⋅ North Carolina, United States ⋅ Miami, Florida, United States

Experience Level(s):
Mid Level ⋅ Senior

Field(s):
Operations & Logistics

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.

RSM US LLP is seeking a highly skilled Operational Risk Manager with expertise in the banking and financial services industry to join our consulting team. The Operational Risk Manager will collaborate with clients to assess, enhance, and optimize their operational risk management practices. This role requires deep industry knowledge, strong analytical capabilities, and the ability to deliver strategic insights and solutions to our clients. 

KEY RESPONSIBILITIES:

Client Engagement and Relationship Management:

  • Engage with clients to understand their business objectives, operational challenges, and risk management needs.
  • Build and maintain strong relationships with key stakeholders within client organizations.
  • Serve as a trusted advisor to clients, providing expert guidance and recommendations on operational risk management best practices.

Risk Assessment and Analysis:

  • Conduct comprehensive assessments of clients' operational risk frameworks, policies, and procedures.
  • Analyze clients' business processes, systems, and controls to identify potential gaps and areas for improvement.
  • Utilize industry benchmarks and leading practices to evaluate clients' risk exposure and tolerance levels.

Risk Mitigation Strategies and Implementation:

  • Develop customized risk mitigation strategies and action plans tailored to clients' specific needs and objectives.
  • Collaborate with clients to implement risk management initiatives, enhance control frameworks, and strengthen governance structures.
  • Provide guidance and support to clients in implementing risk management tools, technologies, and methodologies.

Regulatory Compliance and Remediation Support:

  • Assist clients in interpreting and adhering to regulatory requirements and industry standards related to operational risk management.
  • Support clients in preparing for regulatory examinations, audits, and assessments.
  • Conduct gap analyses and remediation efforts to address findings from regulatory reviews and internal audits.

Knowledge Sharing and Thought Leadership:

  • Stay abreast of industry trends, emerging risks, and regulatory developments impacting the banking and financial services industry.
  • Share insights and thought leadership with clients through presentations and workshops.
  • Contribute to the development of intellectual capital and methodologies related to operational risk management in the banking and financial services industry.

QUALIFICATIONS:

Knowledge, Experience, & Education

  • Bachelor's degree in Finance, Business Administration, Risk Management, or related field. Advanced degree and/or professional certification (e.g., FRM, PRM, CRM) is a plus.
  • Minimum of 8 years of experience in operational risk management within the banking and financial services industry.
  • Deep understanding of banking operations, products, processes, and regulatory requirements.
  • Proven track record of successfully delivering consulting engagements and driving results for clients.
  • Strong analytical skills with the ability to assess complex situations, identify root causes, and develop practical solutions.
  • Excellent communication and presentation skills, with the ability to convey complex concepts to diverse audiences.
  • Ability to work effectively in a collaborative team environment and manage multiple projects concurrently.
  • Proficiency in risk management frameworks, methodologies, and tools.
  • Willingness to travel to client sites as needed.
  • Prior Risk Advisory and/or Consulting experience is preferred.

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. Learn more about our total rewards at https://rsmus.com/careers/working-at-rsm/benefits.

As an Affirmative Action and Equal Opportunity Employer, 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 (including gender identity and/or gender expression); 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; 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 [email protected].

RSM does not intend to hire entry level candidates who will require sponsorship now OR in the future (i.e. F-1 visa holders). If you are a recent U.S. college / university graduate possessing 1-2 years of progressive and relevant work experience in a same or similar role to the one for which you are applying, excluding internships, you may be eligible for hire as an experienced associate.

RSM will consider for employment qualified applicants with arrest or conviction records in accordance with the requirements of applicable law, including but not limited to, the California Fair Chance Act, the Los Angeles Fair Chance Initiative for Hiring Ordinance, the Los Angeles County Fair Chance Ordinance for Employers, and the San Francisco Fair Chance Ordinance.

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: $97,700 - $196,400

Individuals selected for this role will be eligible for a discretionary bonus based on firm and individual performance.