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$100,000.00–$120,000.00

Compliance Senior Manager – Retirement and Institutional Compliance

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Full-time Remote 9d ago

Location:

CO

Company:

Raymond James is a diversified financial services company providing wealth management, capital markets, asset management, banking and other services.

Summary:

The applicant will monitor and analyze operational risk and manage ERISA and DOL compliance. A Bachelor's degree and significant experience in compliance within the financial services industry are required.

Requirements:

Credentials: Bachelor’s degree (B.A. /B.S.)

Experience: Minimum of eight (8) years of experience in Compliance and/or the financial services industry preferred.

Job Description:

Monitor and analyze the organization's operational risk exposure, and contribute to the development of operational risk policies. Analyze existing processes, procedures and systems and advise on improvements.

Under intermittent supervision and with a high level of autonomy, uses extensive knowledge and skills obtained through education and experience in retirement plan and/or recordkeeper compliance to administer and manage ERISA and DOL compliance for the firm. Leads major projects, programs, or processes with significant business impact. Influences strategic direction, develops tactical plans, and completes complex assignments with substantial latitude for un-reviewed actions or decisions. Provides comprehensive solutions to escalated problems or needs. Maintains extensive contact with internal customers and regulatory agencies to identify, research, analyze, and resolve complex issues.

Essential Duties and Responsibilities

  • Provides compliance support and assist building out a compliance program for NWPS, an affiliated recordkeeper, but will also assist in our held away retirement plan business through IFS and our held here retirement accounts (i.e., retirement plans, IRAs, etc.) through our Raymond James advisory programs.
  • Stays abreast of the regulatory landscape with the DOL and its potential impacts to Raymond James and potentially support any potential initiatives with the new Fiduciary Rule, if/when finalized.
  • Oversees compliance exception reporting processes and approves corrective actions.
  • May coach, train, and mentor other Compliance associates.
  • May assist with the development and implementation of continuing education and training programs for the department in conjunction with management.
  • Schedules and oversees compliance processes including scheduling, training, and review of compliance reporting.
  • Establishes objectives and develops processes and procedures to ensure adherence to all regulatory requirements.
  • Monitors and reviews all reporting, audits, and correspondence.
  • Partner with business units to recommend policy and process changes to Senior Management.
  • Ensures effective coordination occurs within assigned work group and with other work groups.
  • Identifies, recommends, and works with other areas of the firm to automate and streamline functions to improve operational efficiencies of compliance systems.
  • Serves as a resource on compliance issues to clients and staff.
  • May serve as a compliance liaison on various committees and projects representing the interest of the department.
  • Attends and may deliver presentations at industry-related conferences.
  • Researches regulatory updates to identify linkages and trends and apply findings.
  • Performs periodic reporting on compliance and operational issues as required.
  • Balances conflicting resource and priority demands.
  • Performs other duties and responsibilities as assigned.