Temporary AML IT Audit Consultant

This is a fully remote position, open to applicants in New York.

📋 Description

• Evaluate the design and operational effectiveness of IT controls that support AML and Financial Crimes processes, such as transaction monitoring, sanctions screening, and KYC/CDD platforms.

• Conduct issue validation and remediation testing to assess the effectiveness of corrective actions relating to identified risks and regulatory findings.

• Implement risk-based audit procedures, which include testing controls and conducting targeted substantive testing.

• Assess IT general controls, change management, security controls, operational processes, and data controls that support AML technology environments.

• Carry out model validation and controls testing, focusing on governance, methodologies, assumptions, and the accompanying documentation.

• Analyze technical documentation, system configurations, data flows, reports, and application controls to evaluate risk and substantiate audit conclusions.

• Identify control deficiencies, determine root causes, and offer practical recommendations.

• Generate clear, concise, and high-quality audit documentation for internal audit, regulatory, and stakeholder review.

• Assist a large global banking client with regulatory remediation and issue validation initiatives.

⛳️ Requirements

• Over 5 years of experience in IT Audit, Technology Risk, Internal Audit, or a related field within banking or financial services.

• Proven experience in performing controls testing, targeted substantive testing, issue validation, or regulatory remediation reviews.

• Familiarity with AML and Financial Crimes processes, including transaction monitoring, sanctions screening, and customer due diligence.

• Experience in evaluating IT general controls (ITGCs), application controls, security controls, and change management processes.

• Knowledge in model validation, model governance, or control effectiveness assessments.

• Ability to review and interpret technical documentation, system architecture, data flows, system configurations, and code.

• Strong analytical, documentation, written communication, and stakeholder management capabilities.

• Preferred: experience with consent order validation and regulatory remediation programs.

• Preferred: background with large global banking institutions.

• Preferred: expertise in AML, Financial Crimes, Compliance, or Regulatory Risk functions.

• Preferred: familiarity with Model Risk Management or model governance frameworks.

• Preferred: experience within regulatory environments involving OCC, Federal Reserve, FDIC, or similar regulatory bodies.

• RSM does not plan to hire entry-level candidates who will need sponsorship now or in the future.

🏝️ Benefits

• Competitive benefits and compensation package.

• Flexibility in your schedule.

• Ability to balance life’s demands while serving clients.

• Reasonable accommodation for individuals with disabilities.

• Equal opportunity employment.