Senior Advisor, Supervision- Conflicts of Interest (Remote Option Available)

Raymond James Remote
senior advisor supervision remote financial compliance supervision securities regulatory procedures regulations education liability
December 2, 2022
Raymond James
St. Petersburg, Florida
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:

Under limited supervision, uses extensive knowledge and skills obtained through education, experience, specialized training and/or certification to administer and analyze complex suitability reviews to detect trends, trading patterns and possible rules violations to ensure adherence to securities industry regulations and limit firm liability. Works independently on difficult assignments that are broad in nature requiring originality and ingenuity and provides comprehensive solutions to complex problems.

Functional areas include
  • Conflicts of Interest: detect and prevent possible employee conflicts of interest including advisor sponsorships & gifts and entertainment.

Essential Duties and Responsibilities:
  • Build out the supervisory process for the review of Advisor sponsorships to align with the SEC Marketing Rule
  • Reviews requests for advisor sponsorships to ensure compliance with firm policy and regulatory rules
  • Reviews gift and entertainment disclosures to ensure compliance with firm policy and regulatory rules
  • Monitors the sales practice activities of branch managers through the use of various reports and systems.
  • Pro-actively ensures compliance with applicable industry rules (i.e. State, FINRA & SEC) and platform policies and procedures as they apply to account trading activity of branch managers clients accounts by monitoring branch manager activity, reporting findings and managing concerns in a professional and educational manner.
  • Interfaces with specific business platform management associates to inform them of any supervisory concerns that may arise with advisors or branch office managers and work together with them to address these concerns as well as to resolve any conflicts
  • Monitors and keeps up to date with applicable securities/advisory regulations
  • Interprets, applies and recommends changes to organizational policies and procedures.
  • Consults independently with branch managers and recommends actions to ensure compliance with existing rules and regulations as well as prevent potential liability.
  • Uses financial data and performance indicators to propose and/or assist with establishing control mechanisms and other improvement initiatives. Identifies trends and assists with implementing corrective action as necessary.
  • Performs other duties and responsibilities as assigned.
Qualifications:

Knowledge, Skills, and Abilities:

Knowledge of:
  • Company s working structure, policies, mission, and strategies.
  • General office practices, procedures, and methods.
  • Concepts, practices and procedures of securities industry and/or banking compliance, including suitability and other compliance issues involved with retail activity.
  • Principles of banking, finance, and securities industry 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) sufficient to perform the functions of this job.

Skill in:
  • Operating standard office equipment and using required software applications to produce correspondence, reports, electronic communication, spreadsheets, and databases.
  • Detail orientation to ensure the regulatory liability is limited, without impairing workflow.
  • Utilizing business-appropriate phone and electronic communication manners.

Ability to:
  • Organize, prioritize, manage, and track multiple detailed tasks and assignments, including those delegated, to complete work efficiently.
  • 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.
  • Work effectively with Financial Advisors as their sales supervisor and enforce company policies and procedures as necessary.
  • Establish and communicate clear directions and priorities.
  • Provide a high level of customer service.

Educational/Previous Experience Requirements:
  • Bachelor s degree (B.A) in a related discipline and a minimum of five (5) years of experience in Supervision and/or the financial services industry.

~or~
  • An equivalent combination of experience, education, and/or training.

Licenses/Certifications:
  • Series 7 & 24 (or 9/10), and 66 (or 63 and 65) or the ability to obtain within an established timeframe.
  • 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 we honor, value, respect the uniqueness, experiences, and backgrounds of all of our Associates. When associates bring their best authentic self, our organization, clients and communities thrive, it is part of our part of our people-first culture. The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs.

Job :

Compliance

Primary Location :

US-FL-St. Petersburg-Saint Petersburg

Organization :

Supervision

Schedule :

Full-time

Shift :

Day Job

Travel :

Yes, 5 % of the Time

Report this job

Similar specialist senior jobs in st. petersburg fl