Job Information
Raymond James Financial, Inc. Advisor, Supervision - Trade Review (Remote Option Available) in St. Petersburg, Florida
Description
Department Overview:
Raymond James Financial is a Florida-based diversified holding company, headquartered in St. Petersburg, FL. Raymond James provides financial services to individuals, corporations and municipalities through its subsidiary companies engaged primarily in investment and financial planning, in addition to capital markets and asset management.
The Supervision department partners closely with the business to proactively mitigate risk. Our department supports business units by managing activity/account reviews, product oversight, escalation/approvals and governance guided by specialized knowledge. Supervision is committed to supporting and protecting clients and the firm while preserving our culture, and adhering to our core values of client first, conservatism, independence and integrity.
At Raymond James, we are putting the power of perspectives into action and building an inclusive and diverse workforce that reflects our commitment to associates, and clients of the future. Our company values associate development and growth, offering opportunities through developmental programs, mentorships, and continuing education options.
Job Summary:
The Trade Review team conducts daily reviews of trading activity and periodic supervisory alerts primarily using Supervisory Center. Advisors within this team administer and analyze various supervision sales practice and trading reviews to proactively detect trends, trading patterns, and possible rules violations. Ensures adherence to securities industry regulations to protect clients, financial advisors and to limit firm liability. Responsible for the review and resolution of daily and periodic alerts using the firm’s supervisory review system and other ancillary reviews. Determines suitability of client branch activity based upon regulatory rules and regulations and policies.
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. Leads defined work or projects of moderate scope and complexity.
Remote work option for registered financial services professionals with supervision or compliance trade review experience and possessing appropriate licensure.
Essential Duties and Responsibilities:
Conducts independent Supervision reviews and monitors trading activities through the use of various reports and systems. Adjusts existing programs, policies and procedures, as directed.
Identifies and advises client branches of irregularities; determines suitability of clienth activity
Pro-actively monitors and ensures that client trading activity meets the account objectives. Reports findings and manages concerns in a professional manner
Interfaces with sales management associates to inform them of any supervisory concerns that may arise with branch office managers/FAs and works together with them to address these concerns as well as to resolve any conflicts that may arise related to client accounts
Monitors and keeps up to date with regulations regarding trading activity in client accounts and applies them accordingly
Assists in researching Supervision issues and alerting management to current regulatory issues
Assists in developing training programs, including maintaining training records and coordinating training with functions
Prepares and delivers written and oral presentations to business units.
May participate in the formation of policies related to compliance.
Performs other duties and responsibilities as assigned.
Qualifications
Knowledge, Skills, and Abilities:
Knowledge of:
Fundamental investment concepts, practices and procedures used in the securities industry
Principles of banking, finance, and securities industry operations
Investments and trading, securities industry regulations, and client suitability (all at a level consistent with the requirement of Series 9/10 licensing). Familiarity/facility with RJ and its systems is preferable.
Company’s working structure, policies, mission, and strategies
General office practices, procedures, and methods
Suitability and other compliance issues involved with branch manager/FA trading activity
Skill in:
Operating standard office equipment and using required software applications to produce correspondence, reports, electronic communication, spreadsheets, presentations, and databases
Critical thinking and decision-making, involving the interpretation of regulatory rules and compliance policies
Detail orientation to ensure the regulatory liability is limited, without impairing workflow
Utilizing business-appropriate phone manners
Ability to:
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 including branch managers/FAs
Establish and communicate clear directions and priorities
Provide a high level of customer service
Focusing on the details, while logically recognizing patterns or trends
Gather information, identify linkages and trends and apply findings to assignments
Interpret and apply securities and/or banking regulations and identify and recommend Supervision 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
Work independently as well as collaboratively within a team environment
Adhere to policies regarding confidentiality given the sensitivity of the information analyzed
Establish and maintain effective working relationships at all levels of the organization
Educational/Previous Experience Recommendations:
- Bachelor’s degree (B.A) in a related discipline and a minimum of two (2) 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.
o SIE required provided that an exemption or grandfathering cannot be applied.
o Required to have a Series 7, 9, 10 and 63
o Series 24, 53 and 4 can be used instead of the 9 and 10
o Series 66 can be obtained instead of 63
- Additional licenses/certifications demonstrating the candidate’s knowledge/expertise in industry regulation and concepts preferred.
Job: Compliance
Primary Location: US-FL-St. Petersburg-Saint Petersburg
Organization Supervision
Schedule Full-time
Job Shift Day Job
Travel Yes, 5 % of the Time
Req ID: 2402060