Raymond James Financial Services
Compliance Sr. Manager, Investment Advisory Compliance
Raymond James Financial Services, Memphis, Tennessee, us, 37544
Essential Duties and Responsibilities
Oversees compliance exception reporting processes and approves corrective actions.
May coach, train, and mentor others Compliance associates.
May assist with the development and implementation of continuing education and training programs for the department in conjunction with management.
Schedules and oversees compliance processes including scheduling, training, and review of compliance reporting.
Establishes objectives and develops processes and procedures to ensure adherence to all regulatory requirements.
Monitors and reviews all reporting, audits, and correspondence.
Partner with business units to recommend policy and process changes to Senior Management.
Ensures effective coordination occurs within assigned work group and with other work groups.
Identifies, recommends, and works with other areas of the firm to automate and streamline functions to improve operational efficiencies of compliance systems.
Serves as a resource on compliance issues to clients and staff.
May serve as a compliance liaison on various committees and projects representing the interest of the department.
Attends and may deliver presentations at industry-related conferences.
Researches regulatory updates to identify linkages and trends and apply findings.
Identifies, recommends, and works with other areas of the firm to automate and streamline functions to improve operational efficiencies of compliance systems.
Performs periodic reporting on compliance and operational issues as required.
Assists in preparing the operational budgets for assigned functional area.
Balances conflicting resource and priority demands.
Performs other duties and responsibilities as assigned.
Maintains department specific intranet information
Assists with distribution of field facing and internal update communications
Knowledge, Skills, and Abilities
Advanced knowledge of:
Concepts, practices, and procedures of securities industry and/or banking compliance.
Rules and regulations of: Securities Exchange Commission (SEC), Investment Advisers Act of 1940 and SEC regulatory environment; Financial Industry Regulatory Authority (FINRA); state securities regulatory agencies; Federal Deposit Insurance Corporation (FDIC); Office of the Comptroller of the Currency (OCC); Federal Financial Institutions Examination Council (FFIEC); Office of Thrift Supervision (OTS); Federal Reserve System; state banking regulatory agencies.
Investment concepts, practices and procedures used in the securities industry.
Principles of banking and finance and securities industry operations.
Financial markets and products.
Advanced skill in:
Administering regulatory notification and filings.
Planning and scheduling work to meet regulatory organizational and regulatory requirements.
Identifying and applying appropriate compliance monitoring procedures and tests.
Preparing oral and/or written reports.
Investigating compliances issues and irregularities.
Making rule-based and analytical decisions.
Strong verbal and written communication.
Operating standard office equipment and using required software applications.
Ability to:
Coach and mentor others.
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.
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 writing, with all organizational levels.
Work independently as well as collaboratively within a team environment.
Establish and maintain effective working relationships at all levels of the organization.
Maintain confidentiality.
Maintain currency in laws, rules and regulations related to compliance in assigned functional area.
Interpret and apply policies and identify and recommend changes as appropriate.
Quantitatively and/or qualitatively process data.
Formulate and implement department strategies consistent with long-term company goals.
Promote team cohesiveness, cooperation, and effectiveness.
Educational/Previous Experience Requirements
Bachelor's degree (B.A. /B.S.) and a minimum of eight (8) 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.
Series 65, 66, or equivalent preferred
Additional licenses/certifications demonstrating the candidate's knowledge/expertise in industry regulation and concepts preferred.
Oversees compliance exception reporting processes and approves corrective actions.
May coach, train, and mentor others Compliance associates.
May assist with the development and implementation of continuing education and training programs for the department in conjunction with management.
Schedules and oversees compliance processes including scheduling, training, and review of compliance reporting.
Establishes objectives and develops processes and procedures to ensure adherence to all regulatory requirements.
Monitors and reviews all reporting, audits, and correspondence.
Partner with business units to recommend policy and process changes to Senior Management.
Ensures effective coordination occurs within assigned work group and with other work groups.
Identifies, recommends, and works with other areas of the firm to automate and streamline functions to improve operational efficiencies of compliance systems.
Serves as a resource on compliance issues to clients and staff.
May serve as a compliance liaison on various committees and projects representing the interest of the department.
Attends and may deliver presentations at industry-related conferences.
Researches regulatory updates to identify linkages and trends and apply findings.
Identifies, recommends, and works with other areas of the firm to automate and streamline functions to improve operational efficiencies of compliance systems.
Performs periodic reporting on compliance and operational issues as required.
Assists in preparing the operational budgets for assigned functional area.
Balances conflicting resource and priority demands.
Performs other duties and responsibilities as assigned.
Maintains department specific intranet information
Assists with distribution of field facing and internal update communications
Knowledge, Skills, and Abilities
Advanced knowledge of:
Concepts, practices, and procedures of securities industry and/or banking compliance.
Rules and regulations of: Securities Exchange Commission (SEC), Investment Advisers Act of 1940 and SEC regulatory environment; Financial Industry Regulatory Authority (FINRA); state securities regulatory agencies; Federal Deposit Insurance Corporation (FDIC); Office of the Comptroller of the Currency (OCC); Federal Financial Institutions Examination Council (FFIEC); Office of Thrift Supervision (OTS); Federal Reserve System; state banking regulatory agencies.
Investment concepts, practices and procedures used in the securities industry.
Principles of banking and finance and securities industry operations.
Financial markets and products.
Advanced skill in:
Administering regulatory notification and filings.
Planning and scheduling work to meet regulatory organizational and regulatory requirements.
Identifying and applying appropriate compliance monitoring procedures and tests.
Preparing oral and/or written reports.
Investigating compliances issues and irregularities.
Making rule-based and analytical decisions.
Strong verbal and written communication.
Operating standard office equipment and using required software applications.
Ability to:
Coach and mentor others.
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.
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 writing, with all organizational levels.
Work independently as well as collaboratively within a team environment.
Establish and maintain effective working relationships at all levels of the organization.
Maintain confidentiality.
Maintain currency in laws, rules and regulations related to compliance in assigned functional area.
Interpret and apply policies and identify and recommend changes as appropriate.
Quantitatively and/or qualitatively process data.
Formulate and implement department strategies consistent with long-term company goals.
Promote team cohesiveness, cooperation, and effectiveness.
Educational/Previous Experience Requirements
Bachelor's degree (B.A. /B.S.) and a minimum of eight (8) 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.
Series 65, 66, or equivalent preferred
Additional licenses/certifications demonstrating the candidate's knowledge/expertise in industry regulation and concepts preferred.