Job Summary
Under general supervision, uses specialized knowledge and skills obtained through experience, specialized training and/or certification in securities and/or banking industry compliance to ensure compliance with all securities and/or banking rules and regulations specific to the use of third-party vendors. May be responsible for coordinating compliance functions, developing training programs and ability to liaison between functional areas. May lead projects of moderate scope and complexity. Serves as a Technical Advisor to teams. Some guidance is provided to perform varied work that is somewhat difficult in nature and that requires evaluation, originality, and ingenuity to make moderately complex decisions. Resolves or recommends solutions to complex problems. Maintains extensive contact with internal customers to identify, research, and resolve problems. Performs required due diligence on third-party products and services. This role will help lead, develop, and manage the Firm’s third-party vendor oversight program. **
Essential Duties And Responsibilities**
- Assists in overseeing compliance program(s) for third party vendors to ensure compliance processes and procedures are integrated and aligned with business processes.
- Adjusts existing programs, policies, and procedures, as directed.
- Coordinates the activities of compliance personnel to ensure that compliance activities do not interfere unduly with business operations.
- Provides support and guidance for compliance efforts in assigned business entity.
- Assists management in implementing adequate controls and quality assurance processes to provide early identification of potential compliance problems.
- Reviews advertising, disclosures, notices, compliance related regulatory reports and forms for compliance with rules and regulations.
- Assists in researching compliance issues.
- Assists in developing compliance training programs, including maintaining training records and coordinating training with other compliance activities.
- Reports compliance program status and activities to compliance management.
- Assists with external compliance examinations, including gathering requested information and reports.
- Prepares and delivers written and oral presentations to business units.
- Performs other duties and responsibilities as assigned.
- Provides due diligence on third-party vendor products and services
- Aids in the oversight of the third-party vendor program, executing and documenting established processes and procedures.
- Collaborates with various groups to provide compliance subject matter expertise with respect to the Firm’s third-party vendor program.
- Ability to gather, analyze, and interpret functions inherent to third-party vendors.
Qualifications:
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); and state securities regulatory agencies; and/or 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; and state banking regulatory agencies.
- Fundamental investment concepts, practices and procedures used in the securities industry.
- Principles of banking and finance and securities industry operations.
- Financial markets and products.
Skill in:
- Monitoring 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 delivers written and oral presentations.
- Investigating compliance irregularities.
- Making rule-based and analytical decisions.
- Operating standard office equipment and using required software applications.
- Communicating and partnering both internally and externally
Ability to:
- 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 compliance 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 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
Education/Previous Experience
- Bachelor’s degree (B.A. /B.S.) and zero (0) to two (2) 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.
- Appropriate series license(s) for assigned functional area preferred.
- Additional licenses/certifications demonstrating the candidate’s knowledge/expertise in industry regulation and concepts preferred.
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. **
Job :**
Compliance **
Primary Location :**
United States **
Organization :**
RJF Corporate **
Schedule :**
Full-time **
Shift :**
Day Job **
Travel :**
Yes, 20 % of the Time **
Salary Range: CO, NY, CA, WA (based on Education, Work Experience, and Geographic Location)**
70,000 - 80,000
