Elliott Davis LLC
Regulatory Compliance Senior
WHO WE ARE
Elliott Davis pairs forward-thinking tax, assurance, and consulting services with an industry-leading workplace culture. Our nine offices — located in the fastest-growing cities in the US — are built on a foundation of inclusivity, collaboration, and collective growth. We work daily to provide exceptional service to our people, customers, and our communities.
The Regulatory Compliance Senior will be important to the Elliott Davis Financial Services Assurance team. The Senior will work with multiple financial institution customers ranging in size from smaller community banks/credit unions to larger regional banks/credit unions and includes being the customer’s main contact, managing the schedule and the assigned teams, reviewing work papers, keeping the team (including the partner) updated on the status and presenting in exit meetings and audit committee on the results on the audit. In addition, special projects may arise that will require you to prepare work papers.
Approximately 50 percent of the time (subject to change as needed) will be focused on managing customers, as noted above. The remainder of the responsibilities include focusing on innovation and process improvement within our financial services, internal audit, and regulatory compliance area. This could include updating internal audit programs for accounting and/or regulatory compliance standard updates, as well as improving the efficiency and effectiveness of the programs and related work papers (including finding ways to implement data analytics where applicable).
There will also be the occasional external or internal presentations, which could be virtually or in person.
As an engaged member of the team, all the while, you will be developing relationships with clients and building a professional network. As a member of the Assurance Practice Group, adherence to the firm’s mission, vision, and values is critical to the practice group’s success.
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WHAT YOU'LL DO
- Lead internal audit engagements surrounding various functions of community banks and other financial institutions.
- Evaluate client's internal control systems and develop recommendations to improve client processes, accounting systems, control structure and procedures, and efficiency.
- Participate in client-requested projects, such as improving processes and controls, identifying compliance-related issues, and/or remediating examiner-related regulatory issues.
- Apply the methodology of a risk management framework to help companies identify, assess, mitigate, and proactively consider emerging risks and effectively mitigate the risks associated with their business.
- Develop and interpret data sets to understand the impact that data inputs and outputs contribute to client deliverables.
- Assist in the development of internal audit and compliance risk assessments.
- Report findings and recommendations to client management.
- Resolve all open items/issues encountered on assigned engagements.
- Draft internal audit reports.
- Produce quality reports and outputs to clients.
- Delegate work assignments.
- Provide honest, objective, and constructive feedback in a timely manner to staff.
- Review the work of other engagement team members.
- Train and develop engagement team members.
WHAT YOU'LL NEED
- 2-5 years of internal audit-related position with financial institution experience OR 2+ years of experience within the Bank Secrecy Act or regulatory compliance environment.
- Working knowledge of the regulatory environment and applicable banking regulations impacting the industry is a plus
- Strong project management skills
- CPA, CIA, CRCM, CFSA, CAMS, or other relevant professional certification or progress toward certification, preferred
- Sound understanding of compliance and operational risks and internal control frameworks.
- Ability to work effectively with multiple complex data sources and technical analytical tools/resources; proficiency in Power BI preferred.
- Previous experience with Sarbanes Oxley (SOX) test of controls, a plus
- Bachelor’s degree or equivalent combination of relevant education and experience
- Strong oral and written communication skills
- Effective analytical and problem-solving ability
This job description is not intended to be all-inclusive. Employees may perform other related duties as negotiated to meet the ongoing needs of the organization.
WHY YOU SHOULD JOIN US
We believe that when our employees are able to thrive in all facets of life, their work and impact are that much greater.
That's right – all aspects of life, not just your life as an employee, because we understand that there's life beyond your job. Here are some of the ways our work works for your life, your growth, and your well-being:
· Generous time away, including 16 and two half paid firm holidays per year, including the week between Christmas and
New Year’s.
· Flexible work schedules.
· 16 weeks of paid maternity and adoption leave, 8 weeks of paid paternity and caregiver leave.
· First-class health and wellness benefits, including wellness coaching and TalkSpace one-on-one professional
coaching.
· Leadership and career development programs.
· Access to Beyond, a one-of-a-kind program with experiences that help you expand your life, personally and
professionally.
EEO STATEMENT
At Elliott Davis, we are committed to providing equal opportunities for all individuals, regardless of their race, color, creed, religion, gender, age, sexual orientation, national origin, disability, veteran status, or any other characteristic protected by state, federal, or local law. We believe that diversity and inclusivity are essential to our success, and we welcome individuals from all backgrounds to join our team and help us make a positive impact on our people, our customers, and our communities.
LOCATION INFORMATION
This role is US-based only. While all candidates will be considered, candidates living in or around the following geographies are highly encouraged to apply: Greenville, Columbia, and Charleston, SC; Charlotte and Raleigh, NC; Augusta, GA; and Chattanooga and Nashville, TN.
NOTICE TO 3rd PARTY RECRUITERS
Notice to Recruiters and Agencies regarding unsolicited resumes or candidate submissions without prior express written approval. Resumes submitted or candidates referred to any employee of Elliott Davis by any external recruiter or recruitment agency by any means (including but not limited to via Internet, e-mail, fax, U.S. mail, and/or verbal communications) without a properly executed written contract for a specified position by an authorized member of the Talent Acquisition team become the property of Elliott Davis. Elliott Davis will not be responsible for or owe any fees associated with referrals of those candidates and/or for submission of any information, including resumes, associated with individuals.
Please contact the Elliott Davis Talent team to initiate the process to become an agency partner at careers@elliottdavis.com. Subject: Agency Partner Request
Elliott Davis Decosimo is a leading business solutions firm founded in 1920, offering a full spectrum of tax, assurance, and consulting services to diverse companies in various industries. With over 700 professionals, the firm provides smart, customize...
- Founded
- Founded 1925
- Employees
- 500+ employees
- Industry
- Diversified Financial Services