Regulatory Compliance Principal

About the role

As a principal, you’ll play a key role—supervising engagements and assuming responsibility for a variety of services including compliance reviews, operational reviews, compliance management system assessments, policy review, and risk assessment/planning. This position includes a strong emphasis on developing staff and providing effective leadership, defined practice-development objectives aimed at driving revenue growth, and broader client management responsibilities.

Responsibilities

• Lead internal audit and consulting services related to the laws, regulations, and expectations associated with financial crimes compliance, consumer protection laws and regulations (e.g., AML, TILA, RESPA, Regulation E, Fair Lending), and other general risk management activities such as model risk management and enterprise risk management programs.
• Manage and prioritize multiple client engagements while meeting agreed-upon deadlines and ensuring frequent communication with both internal and client stakeholders.
• Develop findings and recommendation reports and communicate the results with clients.
• Perform quality control reviews to ensure internal workpaper and deliverable standards are met.
• Supervise and develop team members in the areas of client engagement management and applied regulatory compliance knowledge.
• Assist in preparing and delivering proposals and engagement letters.
• Develop internal and external networks to further the business development goals of the practice.
• Participate in internal and external networking events, including client meetings and industry events.
• Formal business development (prospecting to close) in a team-supported environment.

Requirements

• Bachelor’s degree required.
• Minimum of 10 years of experience in the financial services industry.
• Prior experience in consulting or professional services is required.
• Well-versed in financial crimes compliance or consumer protection laws and regulations (e.g., AML, TILA, RESPA, Regulation E, Fair Lending).
• CAMS, CRCM, CERP, or similar designations are highly preferred.
• Ability to follow work plans and understand banking vocabulary.
• Ability to conduct scoping meetings with prospective clients and develop proposals and engagement letters.
• Ability to engage in client expansion, contributing to fees sold; recognizes the importance of lead generation.
• Self-starter; ability to work under minimal supervision.
• Complete projects within budget while delivering high quality.
• Balance client, practice development, and administrative demands.
• Strong interpersonal and written communication skills.
• Promote positive working relationships with diverse personalities/roles at all levels in the firm.
• Frequent travel throughout the region, with approximately 20% - 30% travel.
• This is an exempt position; you may have to work hours that exceed the standard 40-hour work week.

Benefits

Eligible staff are offered a robust benefits package, including:

• Health, dental, vision, disability, and life insurance.
• Flexible Time Off and various pre-determined holidays.
• 401(k) plan and flexible benefits plans.
• Business-related travel expense, lodging, and meal reimbursement.
• Pension plan for eligible administrative and paraprofessional staff.
• Discretionary bonus plan for eligible staff.
• Option for contingent staff to elect health insurance and limited paid sick time.

Pay

The compensation range for this role in CO, IL, OH, and MA is $175,000.00 - $225,000.00. Compensation decisions take into account a wide variety of factors, including but not limited to: responsibilities, education, experience, knowledge, skills, and geography.

Schedule

This is an exempt position. You may have to work hours that exceed the standard 40-hour work week, with frequent travel throughout the region (approximately 20% - 30% travel).