IT Audit Consultant - AML & Regulatory Remediation

Temporary IT Audit Consultant – AML & Regulatory Remediation

RSM is seeking an experienced IT Audit professional to support a large global banking client on regulatory remediation and issue validation initiatives. This role will focus on evaluating technology controls supporting Anti-Money Laundering (AML) and Financial Crimes programs, validating remediation activities, and assessing compliance with regulatory expectations.

The ideal candidate will have strong experience in IT audit, controls testing, model validation, and regulatory remediation programs within complex banking environments.

• Assess the design and operating effectiveness of IT controls supporting AML and Financial Crimes processes, including transaction monitoring, sanctions screening, and KYC/CDD platforms.
• Perform issue validation and remediation testing to evaluate whether corrective actions adequately address identified risks and regulatory findings.
• Execute risk-based audit procedures, including controls testing and targeted substantive testing.
• Evaluate IT general controls, change management processes, security controls, operational processes, and data controls supporting AML technology environments.
• Conduct model validation and controls testing activities, including assessment of governance, methodologies, assumptions, and supporting documentation.
• Review technical documentation, system configurations, data flows, reports, and application controls to assess risk and support audit conclusions.
• Identify control gaps, assess root causes, and provide practical recommendations to strengthen control environments.
• Prepare clear, concise, and high-quality audit documentation suitable for internal audit, regulatory, and stakeholder review.

• 5+ years of experience in IT Audit, Technology Risk, Internal Audit, or a related field within banking or financial services.
• Experience performing controls testing, targeted substantive testing, issue validation, or regulatory remediation reviews.
• Knowledge of AML and Financial Crimes processes, including transaction monitoring, sanctions screening, and customer due diligence.
• Experience evaluating IT general controls (ITGCs), application controls, security controls, and change management processes.
• Experience with 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 skills.

• Consent order validation and regulatory remediation programs.
• Large global banking institutions.
• AML, Financial Crimes, Compliance, or Regulatory Risk functions.
• Model Risk Management or model governance frameworks.
• Regulatory environments involving OCC, Federal Reserve, FDIC, or similar regulatory bodies.