Job Description - Compliance Manager- Investment Management (Remote Option Available) (2403076)
Job Summary
Under intermittent supervision, uses extensive knowledge and skills obtained through education and experience in securities and/or the banking industry to ensure firm policies and procedures are up-to-date and commensurate with the level of risk being mitigated as it related to all communication activities. Uses knowledge of compliance monitoring, testing, audit practices and applicable U.S. broker-dealer and registered investment adviser regulatory requirements and controls to work closely with senior members of Compliance and business management in a compliance risk management capacity. May supervise others to perform in-depth and difficult testing assignments that are broad in nature. Influences strategic direction and develops tactical plans and completes complex assignments with substantial latitude for un-reviewed actions or decisions. Maintains extensive contact with internal stakeholders, industry peers, and regulatory agencies to identify, research, analyze and resolve complex issues.
Essential Duties and Responsibilities
- Oversees the compliance program(s) for an assigned business entity to ensure compliance processes and procedures are integrated and aligned with business processes.
- Monitors Portfolio compliance for designated business groups.
- Interprets and reviews investment guidelines to meet investment policy rules.
- Coaches, trains, and mentors less experienced Compliance Specialists.
- May serve as a “team lead” for more junior compliance associates including potentially assisting in the talent selection process. Reviews the policies, procedures, and test findings produced by other compliance associates.
- Supports adjustments to existing programs, policies, and procedures, as required.
- Ensures that compliance activities are commensurate with the level of risk being mitigated.
- Provides escalated support and guidance to compliance efforts in assigned business entity.
- Informs Senior Compliance Management about issues that may involve rule violations or potential liability.
- Assists management to implement adequate controls and quality assurance processes to detect and address potential compliance problems.
- Researches compliance issues.
- Develops and maintains compliance policies and procedures.
- Reports compliance program status and activities to compliance and business management.
- Manages external compliance examinations, ensuring that requested information and reports are provided.
- May make risk-based recommendations to Senior Management using extensive industry knowledge to review products, production, and asset value changes across the firm’s business lines.
- Prepares and delivers written and oral presentations to management.
- Performs other duties and responsibilities as assigned.
Qualifications
Knowledge, Skills, and Abilities
Knowledge of
- Applicable U.S. broker-dealer and registered investment adviser regulatory requirements and controls.
- 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:
- 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.
- Gathering information and preparing oral and written reports.
- Preparing and delivering written and oral presentations.
- 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 in 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 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.) in a related discipline and a minimum of six (6) years of experience in Compliance and/or the financial services industry.
• ~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.
Raymond James Guiding Behaviors
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
Organization
RJF Corporate
Schedule
Full-time
Shift
Day Job
Travel
Yes, 5 % of the Time
Salary Range: CO, CA, DC, HI, IL, NJ, NY, WA (based on Education, Work Experience, and Geographic Location) 100,000- 110,000
Raymond James & Associates, Inc., member / , and Raymond James Financial Services, Inc., member / , are subsidiaries of Raymond James Financial, Inc.New York Stock Exchange SIPC FINRA SIPC
Raymond James and Raymond James Financial are registered trademarks of Raymond James Financial, Inc.
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