Investment Specialist

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, 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 Investment Specialist will be responsible for evaluating investment portfolios as part of regulatory oversight projects (financial examinations, analysis, and special projects), assessing practices and strategies of insurance entities, identifying specific investment related issues, and recommending solutions to address findings. This position has opportunity for advancement as well as personal and professional growth.

• Work closely with regulators to review and provide analysis for companies' investment strategies, products, portfolios, investment plans, and agreements.
• Review of entities' investment policies, guidelines, procedures and controls regarding investment accounts, performance of procedures to verify or establish existence, ownership, and valuation of investment accounts. Ability to compare and contrast investment activities with industry benchmarks.
• Review companies' investment risk management process.
• Review and assess companies' derivative investment portfolio and hedging program.
• Review and evaluate companies' investment-related agreements.
• Support investment team in other aspects of a risk-focused financial exam, including:
  • Develop interview questions and lead/assist in leading investments interviews of senior and executive management at companies; assess governance functions over investment areas.
  • Execute testing of compliance with state laws, rules and regulations.
  • Participate in client status meetings, prepare and review deliverables, and assist in identifying issues which will be communicated to the client.
  • Review valuation and assess impairment of investments including asset backed securities, mortgage-backed securities, collateralized debt obligations, among others.
• Work with other specialists, such as actuaries and reinsurance specialists, as well as financial examiners, on investment issues impacting their work.
• Communicate complex investment topics to clients and other stakeholders.
• Document work in accordance with defined regulatory requirements.

• Bachelor's Degree in Finance or Accounting
• 10+ years of relevant experience in investment management or investment risk management in insurance, banking, or asset management industries

• MBA, CPA and/or other professional certification(s) preferred; including Certified Investment Specialist (CIS), Chartered Financial Analyst (CFA)
• Insurance Industry portfolio management
• Experience with reviewing/assessing/documenting investment-related internal controls and governance

• Demonstrated critical-thinking and problem-solving abilities
• Proficiency with the Microsoft 365 suite of products and business productivity tools, including experience in using software for producing presentations, reports, spreadsheets, and project planning
• Demonstrated time management and project management skills
• Ability to interact with all levels of personnel, including executives and senior managers
• Advanced analytical skills, including statistical sampling, with the ability to interpret financial data and provide insights
• Excellent presentation, verbal, and written communication skills with a strong attention to detail with regards to spelling, grammar, mathematical accuracy (e.g., Excel formulas), and readability in all deliverables
• Excellent organizational skills and the ability to manage and prioritize multiple tasks, projects and assignments simultaneously
• Dynamic/flexible demeanor with outstanding interpersonal skills and a "can do", team-first attitude to provide exceptional client service to RRC's clients
• Forward-thinking leader with a collaborative focus who can consult effectively with key constituents and become recognized as a valued resource
• Self‑motivated and a strong sense of urgency to meet deadlines
• Prior supervisory experience and the ability to guide/support team members with an emphasis on team building and team development
• Flexibility to travel occasionally
• Demonstration of ethical, integrity, and professional standards as outlined by the Firm

Risk & Regulatory Consulting, LLC (RRC), an affiliate of RSM, is a national, leading professional services firm dedicated to providing exceptional regulatory services to clients. RRC offers services in the following regulatory areas: financial examinations, market conduct examinations,…