Job Summary
Under intermittent supervision and with a high level of autonomy, uses extensive knowledge and skills obtained through education and experience in the banking and financial services industry to oversee and manage aspects of the following RJ Bank’s compliance program activities, including conflicts of interest, regulatory change, and supplier risk management. May work independently or supervise others on complex assignments and projects that are broad in nature. Ability to conduct independent regulatory research and summarize results into easily understandable conclusions. Has ability to identify solutions to complex business challenges. Develops strong rapport with business counterparts and colleagues and to provide advisory services on a wide variety of bank topics.
Essential Duties and Responsibilities
• Oversees elements of the RJ Bank compliance program(s) to ensure regulatory requirements are addressed by the business processes, including Metrics and Reporting and Mandatory Absence Analysis.
• Participates the regulatory change management process, which includes identifying regulatory changes, determining applicability, communicating with stakeholders, and tracking implementation.
• Assists with day-to-day Insider Lending and Transactions with Affiliates processes.
• Reviews policies, procedures, test findings, and action plans produced by other associates for completeness and accuracy.
• Assists management to implement appropriate controls to detect and address potential compliance problems.
• Reports compliance program status and activities to compliance and business management.
• Assists with regulatory examinations and audits, ensuring that requested information and reports are provided.
• Works with business to assess and implement new Bank products, services, technologies and initiatives.
• Identifies, recommends, and works with other areas of the firm to automate and streamline functions to improve operational efficiencies of compliance systems.
• Balances conflicting resource and priority demands.
• May serve as a compliance liaison on various committees and projects representing the interest of the department.
• Ability to manage, coach, train and mentor others Compliance associates, even if they are not direct reports
• Performs other duties and responsibilities as assigned.
Job Summary
Under intermittent supervision and with a high level of autonomy, uses extensive knowledge and skills obtained through education and experience in the banking and financial services industry to oversee and manage aspects of the following RJ Bank’s compliance program activities, including conflicts of interest, regulatory change, and supplier risk management. May work independently or supervise others on complex assignments and projects that are broad in nature. Ability to conduct independent regulatory research and summarize results into easily understandable conclusions. Has ability to identify solutions to complex business challenges. Develops strong rapport with business counterparts and colleagues and to provide advisory services on a wide variety of bank topics.
Essential Duties and Responsibilities
• Oversees elements of the RJ Bank compliance program(s) to ensure regulatory requirements are addressed by the business processes, including Metrics and Reporting and Mandatory Absence Analysis.
• Participates the regulatory change management process, which includes identifying regulatory changes, determining applicability, communicating with stakeholders, and tracking implementation.
• Assists with day-to-day Insider Lending and Transactions with Affiliates processes.
• Reviews policies, procedures, test findings, and action plans produced by other associates for completeness and accuracy.
• Assists management to implement appropriate controls to detect and address potential compliance problems.
• Reports compliance program status and activities to compliance and business management.
• Assists with regulatory examinations and audits, ensuring that requested information and reports are provided.
• Works with business to assess and implement new Bank products, services, technologies and initiatives.
• Identifies, recommends, and works with other areas of the firm to automate and streamline functions to improve operational efficiencies of compliance systems.
• Balances conflicting resource and priority demands.
• May serve as a compliance liaison on various committees and projects representing the interest of the department.
• Ability to manage, coach, train and mentor others Compliance associates, even if they are not direct reports
• Performs other duties and responsibilities as assigned.
Knowledge, Skills, and Abilities
Advanced Knowledge of
• Concepts, practices, and procedures of securities industry and/or banking compliance.
• Rules and regulations of: Securities Exchange Commission (SEC); Financial Industry Regulatory Authority (FINRA); state securities regulatory agencies; 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; state banking regulatory agencies.
• Investment concepts, practices and procedures used in the securities industry.
• Principles of banking and finance and securities industry operations.
• Financial markets and products.
Advanced skill in:
• Administering regulatory notification and filings.
• Reviewing and editing written materials including policies, procedures, presentations, and testing reports.
• Planning and scheduling work to meet regulatory organizational and regulatory requirements.
• Identifying and applying appropriate compliance monitoring procedures and tests.
• Preparing oral and/or written reports.
• Investigating compliances issues and irregularities.
• Making rule-based and analytical decisions.
• Strong verbal and written communication.
• Operating standard office equipment and using required software applications.
Ability to:
• Coach and mentor others.
• Manage and perform risk-based compliance testing.
• Determine matters requiring escalation to RJ Bank compliance management and ability to do so with the appropriate level of urgency.
• 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.
• 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.
• Establish and maintain effective working relationships at all levels of the organization.
• Maintain confidentiality.
• Maintain currency in laws, rules and regulations related to compliance in assigned functional area.
• Interpret and apply policies and identify and recommend changes as appropriate.
• Quantitatively and/or qualitatively process data.
• Formulate and implement department strategies consistent with long-term company goals.
• Promote team cohesiveness, cooperation, and effectiveness.
Educational/Previous Experience Requirements
Education/Previous Experience
• Bachelor’s Degree (B.A./B.S.) in a related discipline and a minimum of eight (8) 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.
• Additional licenses/certifications demonstrating the candidate’s knowledge/expertise in industry regulation and concepts preferred.
Knowledge, Skills, and Abilities
Advanced Knowledge of
• Concepts, practices, and procedures of securities industry and/or banking compliance.
• Rules and regulations of: Securities Exchange Commission (SEC); Financial Industry Regulatory Authority (FINRA); state securities regulatory agencies; 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; state banking regulatory agencies.
• Investment concepts, practices and procedures used in the securities industry.
• Principles of banking and finance and securities industry operations.
• Financial markets and products.
Advanced skill in:
• Administering regulatory notification and filings.
• Reviewing and editing written materials including policies, procedures, presentations, and testing reports.
• Planning and scheduling work to meet regulatory organizational and regulatory requirements.
• Identifying and applying appropriate compliance monitoring procedures and tests.
• Preparing oral and/or written reports.
• Investigating compliances issues and irregularities.
• Making rule-based and analytical decisions.
• Strong verbal and written communication.
• Operating standard office equipment and using required software applications.
Ability to:
• Coach and mentor others.
• Manage and perform risk-based compliance testing.
• Determine matters requiring escalation to RJ Bank compliance management and ability to do so with the appropriate level of urgency.
• 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.
• 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.
• Establish and maintain effective working relationships at all levels of the organization.
• Maintain confidentiality.
• Maintain currency in laws, rules and regulations related to compliance in assigned functional area.
• Interpret and apply policies and identify and recommend changes as appropriate.
• Quantitatively and/or qualitatively process data.
• Formulate and implement department strategies consistent with long-term company goals.
• Promote team cohesiveness, cooperation, and effectiveness.
Educational/Previous Experience Requirements
Education/Previous Experience
• Bachelor’s Degree (B.A./B.S.) in a related discipline and a minimum of eight (8) 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.
• Additional licenses/certifications demonstrating the candidate’s knowledge/expertise in industry regulation and concepts preferred.
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 firmAt 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 firmAt 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.