Risk Management Senior Associate

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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.

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.

The Office of Risk Management (ORM) supports the implementation of programs, policies, and practices to manage RSM (or “Firm”) US risk. The Risk Management Senior Associate is responsible for assisting with the monitoring of compliance with firm policy and industry regulations regarding all business functions including ORM, line of business (LOB) and key department processes and control activities.

The Senior Associate, Risk Management, reports to the India Risk Management Leader and supports the Office of Risk Management (ORM) in the execution of risk management, compliance, monitoring, quality-related activities, and the firm's Enterprise Risk Management (ERM) program.

Responsibilities include supporting all aspects of the Risk Management process, including planning, monitoring, and reporting. The individual works closely with other members of ORM, the LOB, and key departments to achieve these responsibilities. Note that this role is not client-facing.

• Develop an understanding of the RSM US- India Compliance Framework and Tools.

• Support the audit and monitoring program in India, ensuring compliance with firm policies, professional standards, regulatory requirements, and internal control expectations.

• Conduct audit and monitoring activities relating to corporate governance, labor and employment laws, taxation, GST, Digital Personal Data Protection (DPDP), and other applicable regulatory requirements.

• Create compliance audit working files sufficient to maintain thorough documentation, relevant evidence, and tracking monitoring efforts, and to ensure compliance with email and document retention policies.

• Perform interviews with process owners to gain an understanding of the functions being monitored and ensure that process flows, standard operating procedures, checklists, and risk and control matrices are current. Collaborate with process owners to understand the causes and effects of issues encountered to help the business continually understand risks and assess processes.

• Support the maintenance of risk registers, conduct risk assessments, monitor risk indicators, and identify emerging risks and control gaps.

• Analyze risk data and regulatory developments to provide risk-informed insights, reports, and recommendations that support business and leadership decision-making.

• Coordinate remediation activities, track action plan execution, perform root-cause analysis of findings, and follow up with stakeholders to support timely risk mitigation.

• Monitor changes in Indian laws and regulations and assess their potential impact on the organization.

• Support policy development, governance activities, and regulatory compliance projects.

• Support development and delivery of India-specific ORM training and awareness programs.

• Perform first-level reviews of staff work for accuracy, completeness, and well-reasoned conclusions.

• Provide assistance, guidance, and feedback to associates assigned to work with you.

• Coordinate with business stakeholders, leadership teams, legal counsel, compliance functions, and external advisors, as required.

• Track project milestones, dependencies, risks, action items, and deliverables.

• Drive accountability and follow-through across stakeholders.

• Prepare reports, dashboards, presentations, and risk updates for India leadership and U.S. ORM leadership.

• Other duties as assigned

EDUCATION/CERTIFICATIONS

• Bachelor’s degree (preferred) or other business degree.

• Proficiency with Microsoft Office (Excel, Word, Outlook) and Power Bi – Good to have.

• Understanding of internal control concepts (e.g., risk assessment; preventative controls; detective controls; etc.).

• Ability to learn audit tools for audit documentation and workflow management.

• Ability to read and apply rules, regulations, policies and procedures.

• Ability to evaluate information against a set of standards.

• Ability to understand and ensure compliance with firm, line of business and departmental policies and procedures.

• Ability to communicate information clearly and concisely, verbally and in writing to diverse audiences across the firm.

• Ability to confidently engage with and conduct audit discussions with auditees without direct manager presence, while effectively communicating audit objectives and escalating issues as needed.

• Ability to develop and maintain applicable professional and internal contacts, resources and networks.

• Ability to maintain confidentiality and discretion with respect to internal information.

• Exhibit high attention to detail, strong analytical skills, and ability to ask high-value questions.

EXPERIENCE

• 4 to 6 years of relevant experience in Risk management, Compliance, internal audit or control testing.

• 4 - 6 years of experience in Risk Management, Compliance, Internal Audit, Corporate Governance, Legal Compliance, or related function.

• Previous professional services industry/experience

LEADERSHI…