Job Information
Raymond James Financial, Inc. Compliance Director, Registered Products in Saint Petersburg, Florida
Essential Duties and Responsibilities
Supports the development, implementation, and oversight of compliance policies, procedures, and testing programs in accordance with Rules 38a-1.
Assists in preparation and distribution of board and committee materials for the Funds’ independent Board of Trustees.
Partners with Legal, Risk and Compliance colleagues to manage corrective action plans and ensure regulatory compliance across all business functions.
Perform reviews of Service Providers and Advisor investment guideline reporting.
Minimizes the firm’s risk exposure while balancing business concerns.
Maintains the required compliance systems for the firm while fostering positive business relationships with department associates and branch associates/affiliates.
Stays abreast of ‘40 Act regulatory matters and assist with exam preparedness efforts.
Serves as the primary liaison between the organization and industry regulators by responding to inquiries, audits, complaints, and investigations.
May serve as a liaison between the organization and industry committees such as SIA, FSI, and the FINRA.
Reviews compliance and risk management controls and recommends appropriate changes, as required.
Coordinates the preparation and submission of regulatory filings and maintains required compliance documents.
Serves as expert on compliance issues by maintaining proficient knowledge of applicable compliance statutory regulations and interpretations.
May oversee compliance exception reporting processes and take appropriate action, as required.
May draft and update written supervisory procedure manuals required by the SEC, if applicable.
Continually evaluates department structure and strategic plan, considering future growth as needed. Promotes overall efficiency while maintaining a commitment to compliance standards and excellent service.
Ensures processes and procedures support efficient and timely workflow.
Performs other duties and responsibilities as assigned.
Knowledge, Skills, and Abilities
Advanced Knowledge of:
Experience and understanding of ’40 Act regulatory landscape, examinations and areas of enforcement priorities.
Experience and understanding of SEC Investment Company and Investment Advisers Act Rules.
Concepts, practices, and procedures of securities industry compliance.
Rules and regulations of the Securities Exchange Commission (SEC); Financial Industry Regulatory Authority (FINRA); and state securities regulatory agencies.
Understanding of U.S. investment/securities products, operations, and regulatory frameworks
Financial markets and products.
Investment concepts, practices and procedures used in the securities industry.
Advanced skill in:
Administering regulatory notifications and filings.
Planning and scheduling work to meet regulatory organizational and regulatory requirements.
Investigating compliances issues and irregularities.
Making rule-based and analytical decisions.
Identifying and applying appropriate compliance monitoring procedures and tests.
Written and verbal communications skills sufficient to professionally address a wide and varied audience both internally and externally.
Preparing oral and/or written reports.
Project management skills and experience sufficient to successfully complete long and short-term projects.
Operating standard office equipment and using required software application to produce correspondence, reports, electronic communication, spreadsheets, and databases.
Ability to:
Work under pressure on multiple tasks concurrently, manage those delegated; and meet deadlines in a fast-paced work environment with frequent interruptions and changing priorities.
Attend to detail while maintaining a big picture orientation.
Use appropriate interpersonal styles and communicate effectively and professionally, both orally and in writing, with all organizational levels to accomplish objectives.
Establish and communicate clear directions and priorities.
Gather information, identify linkages and trends, and apply findings to operations.
Maintain currency in laws, rules and regulations related to compliance in assigned functional area (s).
Work independently as well as collaboratively within a team environment to resolve problem.
Educational/Previous Experience Requirements
Bachelor’s Degree (B.A./B.S.) in a related discipline required with a Master’s degree preferred. Minimum of ten (10) years of Compliance, Legal, Banking and/or regulatory experience in the financial services industry.
Minimum five (5) years management experience within the financial services industry.
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.