Compliance Director, Regulatory Reporting, Operations, and Custody Compliance

Job Description

Job Summary

Under intermittent supervision, uses extensive knowledge and skills obtained through education and experience in the securities industry to serve as Compliance partner to Regulatory Reporting and RJA Operations departments. Engages with leaders across business lines, Compliance, and other control functions to ensure consistency of interpretations, effective testing protocols, and an appropriate challenge function. The role will be required to lead and support major projects, programs or processes with significant business impact involving cross-functional teams. Will work with members of the Compliance, Legal, Risk and business leadership teams to develop tactical plans for compliance initiatives. Maintains extensive contact with various business units and departments of Raymond James Financial and its subsidiaries to perform the functions of this role.

Essential Duties And Responsibilities

• Serves as a subject matter expert on matters pertaining to regulatory reporting and broker dealer operations by maintaining proficient knowledge of applicable regulations and interpretations.
• Works with RJF Compliance Pillars to appropriately assess risks, obligations, and develop KRIs.
• Identifies and manages regulatory risks, including assessing and performing gap analysis versus existing controls/policies.
• Develops, reviews, and assists in adjusting supervisory procedures to adapt to changing regulatory matters.
• Uses data and performance indicators to establish control mechanisms and other improvement initiatives, and ensures quality standards are consistently attained or exceeded.
• Develops procedures to minimize the firm’s risk exposure while balancing business concerns.
• Maintains the required compliance systems for the firm while fostering a positive relationship with department employees and management.
• May serve as a liaison between the organization and industry committees such as SIFMA, BDA and FIF.
• Responds to and assists with responses to regulatory inquiries.
• Develops and supports tactics to achieve strategic objectives across functional groups or within a business group.
• Establishes objectives and develops processes and procedures to ensure efficient and timely workflow.
• May perform human resource management activities.
• Plans, assigns, monitors, reviews, evaluates, and leads the work of subordinates.
• Coaches and mentors subordinates, identifies training needs and recommends appropriate development programs.
• Performs other duties and responsibilities as assigned.
  
  

Knowledge Of

Knowledge, Skills, and Abilities

• Concepts, practices, and procedures of securities industry and/or banking compliance reviews.
• Thorough comprehension of the rules and regulations impacting Regulatory Reporting and Operations processes impacting those reports with emphasis on SEA 15c3-1 and SEA 15c3-3.
• Understanding of pending rule changes impacting Regulatory Reporting and Operations.
• Concepts, practices, and procedures of broker dealer regulatory reporting.
• Retail and clearing firm 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); 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

• 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 delivers written and oral presentations.
• Investigating relevant irregularities.
• Making rule-based and analytical decisions.
• Operating standard office equipment and using required software applications.
  
  

Ability To

• Provide training, coaching, and mentoring for 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.
• 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

• 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.
  
  

Education

Work Experience

Certifications

Salary Range

$130,000.00-$155,000.00

Travel

Less than 25%

Workstyle

Remote

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.