Job Description Summary

Under general supervision, uses extensive knowledge and skills obtained through experience, specialized training and/or certification in the securities industry to ensure compliance with all securities and/or banking rules and
regulations. Coordinates compliance functions, guides compliance efforts, and acts as a liaison between functional areas. Leads large or multiple projects with significant scope and impact. Works independently on difficult assignments that are broad in nature and that require originality and ingenuity with appreciable latitude for unreviewed actions or decisions. Provides comprehensive solutions to complex problems. Maintains extensive
contact with internal customers, including broker dealer Operations and Regulatory Reporting (FINOP) to identify, research, analyze and resolve complex issues.

Job Description

Essential Duties and Responsibilities

 

·        Oversees compliance program for an assigned business area to ensure compliance processes and procedures are integrated and aligned with business processes.

·        Directs adjustments to existing programs, policies, and procedures, as required.

·        Ensures that compliance activities are commensurate with the level of risk being mitigated.

·        Provides escalated support and guidance to compliance efforts in assigned business entity. 

• Partners with Operations, Risk, Legal, Technology, and business stakeholders to support various initiatives, control enhancements, issue remediation efforts, and process improvements.

·        Informs appropriate Senior Management about issues that may involve rule violations or potential liability.

·        Assists Management in implementing adequate controls and quality assurance processes to detect and address potential compliance problems.

• Performs research on regulatory requirements, interpretive guidance, industry practices, and external enforcement actions to support compliance assessments and recommendations.

·        Monitors exception and other internal reports for employee adherence with rules and regulations.

·        Participates in policy discussions related to compliance.

·        Reviews documentation related to compliance issues for validity and alignment with organizational policies.

·        Prepares and delivers written and oral presentations to senior management.

·        May coordinate and/or oversee responses to regulatory agency inquiries.

·        Reports compliance program status and activities to compliance and business management personnel.

·        Performs other duties and responsibilities as assigned.

 

Knowledge, Skills, and Abilities

 

Knowledge of:

·        Concepts, practices, and procedures of securities industry and/or banking compliance reviews.

·        Rules and regulations of the Securities Exchange Commission (SEC); Financial Industry Regulatory Authority (FINRA); Municipal Securities Rulemaking Board (MSRB), state securities regulatory agencies; Office of the Comptroller of the Currency (OCC); and the Federal Reserve System.

·        Fundamental investment concepts, practices and procedures used in the securities industry.

·        Principles of brokerage, finance and securities industry operations.

·        Financial markets and products. 

 

Skill in:

·        Overseeing compliance programs. 

·        Integrating and aligning compliance processes and procedures with business processes.

·        Coordinating complex compliance activities.

·        Providing support and guidance for compliance efforts. 

·        Identifying and implementing controls and quality assurance processes. 

·        Reviewing materials for compliance with rules and regulations.

·        Researching compliance issues.

·        Developing compliance training programs.

·        Gathering information and preparing oral and written reports.

·        Preparing and delivering written and oral presentations. 

·        Investigating potential irregularities.

·        Making rule-based and analytical decisions.

·        Operating standard office equipment and using required software applications.

 

Ability to:

·        Partner with other functional areas to accomplish objectives.

·        Facilitate meetings, ensuring that all viewpoints, ideas, and problems are addressed.

·        Attend to detail while maintaining a big picture orientation.

·        Gather information, identify linkages and trends, and apply findings to assignments.

·        Interpret and apply securities and/or banking regulations and identify and recommend policy and procedural changes as appropriate.

·        Work under pressure on multiple tasks concurrently and meet deadlines in a fast-paced work environment with frequent interruptions and changing priorities.

·        Use appropriate interpersonal styles and communicate effectively, both orally and in writing, with all organizational levels.

·        Work independently as well as collaboratively within a team environment.

·        Provide a high level of customer service.

·        Establish and maintain effective working relationships at all levels of the organization.

·        Maintain confidentiality.

·        Maintain currency in securities and/or banking industry rules and regulations and best practices in compliance.

 

Educational/Previous Experience Requirements

·        Bachelor’s degree (B.A. /B.S.)  and a minimum of three (3) years of experience in Compliance and/or the financial services industry preferred.

~or~

·        Any equivalent combination of experience, education, and/or training approved by Human Resources.

Licenses/ Certifications  

• None Required.
• Additional licenses/certifications demonstrating the candidate’s knowledge/expertise in industry regulation and concepts preferred.

Education

Work Experience

Certifications

Travel

Less than 25%

Workstyle

Hybrid

The total compensation for this position includes base salary or wages, and may include components such as additional compensation (cash or equity), discretionary bonuses, or commissions. This position is eligible for a benefits package that may include medical, dental, and vision; life insurance; critical illness insurance and accident insurance; disability benefits; retirement savings; paid time off (including vacation, holidays, and sick leave); and parental leave.  Eligibility for benefits and specific offerings may vary based on position and employment status. To view more details of the benefits offered, visit Myrjbenefits.com.

 

 

At Raymond James our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) to deliver on the firm's core values of client-first, integrity, independence and a conservative, long-term view. 

We expect our associates at all levels to:
•  Grow professionally and inspire others to do the same
•  Work with and through others to achieve desired outcomes
•  Make prompt, pragmatic choices and act with the client in mind
•  Take ownership and hold themselves and others accountable for delivering results that matter
•  Contribute to the continuous evolution of the firm

At Raymond James – as part of our people-first culture, we honor, value, and respect the uniqueness, experiences, and backgrounds of all of our Associates.  When associates bring their best authentic selves, our organization, clients, and communities thrive. The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs. 

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