Raymond James Financial, Inc.
Senior Advisor, Supervision- Traditional Products, Annuities and Insurance
Raymond James Financial, Inc., Denver, Colorado, United States, 80285
Essential Duties and Responsibilities
Monitors the sales practice activities of branch managers through the use of various reports and systems. Pro-actively ensures compliance with applicable industry rules (i.e. State, FINRA & SEC) and platform policies and procedures as they apply to account trading activity of branch managers' clients' accounts by monitoring branch manager activity, reporting findings and managing concerns in a professional and educational manner. Interfaces with specific business platform sales management associates, other supervision associates and compliance associates, to inform them of any supervisory concerns that may arise with branch office managers and work together with them to address these concerns as well as to resolve any conflicts that may arise related to client accounts of the branch managers. Monitors and keeps up to date with securities/advisory regulations and applies them accordingly. Monitors and keeps up to date with the annuity and insurance offerings at the Firm and applies this knowledge in making appropriate suitability determinations. Assists in educating branch managers/financial advisors and branch associates regarding the Firm’s guidelines as it relates to the sale of annuity and insurance products including replacements. Interprets, applies, and recommends changes to organizational policies and procedures. May implement and enforce policies and procedures for all business platform branch office locations not currently staffed with a licensed and qualified branch manager by serving at the designated manager of these OSJ locations until properly staffed. Consults independently with branch managers and recommends actions to ensure compliance with existing rules and regulations as well as prevent potential liability. May consult independently with branch managers and recommend actions to ensure compliance with existing rules and regulations as well as prevent potential liability. May assist his or her direct manager and the leadership team within Traditional Product Supervision in analyzing and resolving items escalated from the team or the branches. May assist in answering inquiries from compliance, other areas of Supervision as well as various departments across the Firm as it relates to annuity and insurance activity for advisors or branches. Uses financial data and performance indicators to propose and/or assist with establishing control mechanisms and other improvement initiatives. Identifies trends and assists with implementing corrective action, as necessary. May assist new OSJ branch managers to assume their duties upon affiliation with the business platform through reviewing platform policies and procedures related to branch office management. May assist new managers in learning to use the SAS and FA Books systems as supervisory tools. Performs other duties and responsibilities as assigned. Knowledge, Skills, and Abilities
Knowledge of:
Company’s working structure, policies, mission, and strategies. General office practices, procedures, and methods. Concepts, practices, and procedures of securities industry and/or banking compliance, including suitability and other compliance issues involved with retail activity. Principles of banking, finance, and securities industry operations. Rules and regulations of the Securities Exchange Commission (SEC); Financial Industry Regulatory Authority (FINRA); and state securities regulatory agencies; and/or Federal Deposit Insurance Corporation (FDIC) sufficient to perform the functions of this job. Skill in:
Operating standard office equipment and using required software applications to produce correspondence, reports, electronic communication, spreadsheets, and databases. Detail orientation to ensure the regulatory liability is limited, without impairing workflow. Utilizing business-appropriate phone manners. Ability to:
Organize, prioritize, manage, and track multiple detailed tasks and assignments, including those delegated, to complete work efficiently. Independently manage and complete multiple projects and tasks; work independently with minimal direct supervision. Use appropriate interpersonal styles and communicate effectively and professionally, both orally and in writing, with all organizational levels. Work effectively with Financial Advisors as their sales supervisor and enforce company policies and procedures, as necessary. Establish and communicate clear directions and priorities. Provide a high level of customer service. Educational/Previous Experience Recommendations
Bachelor’s degree (B.A) in a related discipline and a minimum of three (3) years of experience in Supervision and/or the financial services industry. ~or~ Any equivalent combination of experience, education, and/or training approved by Human Resources. Licenses/Certifications
Appropriate series license(s) for assigned functional area preferred or the ability to obtain within an established timeframe. SIE required provided that an exemption or grandfathering cannot be applied. Required to have Series 7, 24 and 63; Series 66 can be used in lieu of the 63; Series 9 and 10 can be used as an equivalent to the 24. State Insurance License in which candidate resides required Additional licenses/certifications demonstrating the candidate’s knowledge/expertise in industry regulation and concepts preferred.
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Monitors the sales practice activities of branch managers through the use of various reports and systems. Pro-actively ensures compliance with applicable industry rules (i.e. State, FINRA & SEC) and platform policies and procedures as they apply to account trading activity of branch managers' clients' accounts by monitoring branch manager activity, reporting findings and managing concerns in a professional and educational manner. Interfaces with specific business platform sales management associates, other supervision associates and compliance associates, to inform them of any supervisory concerns that may arise with branch office managers and work together with them to address these concerns as well as to resolve any conflicts that may arise related to client accounts of the branch managers. Monitors and keeps up to date with securities/advisory regulations and applies them accordingly. Monitors and keeps up to date with the annuity and insurance offerings at the Firm and applies this knowledge in making appropriate suitability determinations. Assists in educating branch managers/financial advisors and branch associates regarding the Firm’s guidelines as it relates to the sale of annuity and insurance products including replacements. Interprets, applies, and recommends changes to organizational policies and procedures. May implement and enforce policies and procedures for all business platform branch office locations not currently staffed with a licensed and qualified branch manager by serving at the designated manager of these OSJ locations until properly staffed. Consults independently with branch managers and recommends actions to ensure compliance with existing rules and regulations as well as prevent potential liability. May consult independently with branch managers and recommend actions to ensure compliance with existing rules and regulations as well as prevent potential liability. May assist his or her direct manager and the leadership team within Traditional Product Supervision in analyzing and resolving items escalated from the team or the branches. May assist in answering inquiries from compliance, other areas of Supervision as well as various departments across the Firm as it relates to annuity and insurance activity for advisors or branches. Uses financial data and performance indicators to propose and/or assist with establishing control mechanisms and other improvement initiatives. Identifies trends and assists with implementing corrective action, as necessary. May assist new OSJ branch managers to assume their duties upon affiliation with the business platform through reviewing platform policies and procedures related to branch office management. May assist new managers in learning to use the SAS and FA Books systems as supervisory tools. Performs other duties and responsibilities as assigned. Knowledge, Skills, and Abilities
Knowledge of:
Company’s working structure, policies, mission, and strategies. General office practices, procedures, and methods. Concepts, practices, and procedures of securities industry and/or banking compliance, including suitability and other compliance issues involved with retail activity. Principles of banking, finance, and securities industry operations. Rules and regulations of the Securities Exchange Commission (SEC); Financial Industry Regulatory Authority (FINRA); and state securities regulatory agencies; and/or Federal Deposit Insurance Corporation (FDIC) sufficient to perform the functions of this job. Skill in:
Operating standard office equipment and using required software applications to produce correspondence, reports, electronic communication, spreadsheets, and databases. Detail orientation to ensure the regulatory liability is limited, without impairing workflow. Utilizing business-appropriate phone manners. Ability to:
Organize, prioritize, manage, and track multiple detailed tasks and assignments, including those delegated, to complete work efficiently. Independently manage and complete multiple projects and tasks; work independently with minimal direct supervision. Use appropriate interpersonal styles and communicate effectively and professionally, both orally and in writing, with all organizational levels. Work effectively with Financial Advisors as their sales supervisor and enforce company policies and procedures, as necessary. Establish and communicate clear directions and priorities. Provide a high level of customer service. Educational/Previous Experience Recommendations
Bachelor’s degree (B.A) in a related discipline and a minimum of three (3) years of experience in Supervision and/or the financial services industry. ~or~ Any equivalent combination of experience, education, and/or training approved by Human Resources. Licenses/Certifications
Appropriate series license(s) for assigned functional area preferred or the ability to obtain within an established timeframe. SIE required provided that an exemption or grandfathering cannot be applied. Required to have Series 7, 24 and 63; Series 66 can be used in lieu of the 63; Series 9 and 10 can be used as an equivalent to the 24. State Insurance License in which candidate resides required Additional licenses/certifications demonstrating the candidate’s knowledge/expertise in industry regulation and concepts preferred.
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