Senior Advisor, Supervision – E-Comm Review (Remote)

Job Description:

Job Description

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 & Responsibilities:

Raymond James is hiring a Supervision Advisor to complete ongoing functional reviews and provide advanced support to our Financial Advisor teams, focusing specifically on the policies and procedures required by applicable regulators for broker-dealer electronic communications.

Our ideal contributor will:

• Serve as a trusted business partner to our Financial Advisor teams by providing expertise with financial services related supervision and compliance issues.

• Coordinate supervision functions, guide compliance efforts, and act as a liaison between functional areas.

• Have confidence in making recommendations based on research and analysis conducted by the Supervision Advisor.

• Maintain frequent contact and establish positive relationships with our field offices, via phone and email, through reactive and proactive measures.

• Act as the go-to supervision partner for technical issues, ongoing training, and all supervision related questions and concerns from the investment teams as well as internal support departments.

• Those with active FINRA Series 7 & Series 24 Licenses, or the ability to quickly attain, will be highly valuable for this role.

Essential Duties and Responsibilities:

• Coaches and mentors less experienced supervision associates.

• Oversees supervision program for an assigned business entity to ensure supervision processes and procedures are integrated and aligned with business processes.

• Directs adjustments to existing programs, policies and procedures, as required.

• Ensures that supervision activities are commensurate with the level of risk being mitigated.

• Provides escalated support and guidance to compliance efforts in assigned business entity.

• Informs appropriate Senior 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 & supervision problems.

• Researches compliance & supervision issues.

• Monitors exception and other internal reports for adherence with rules and regulations.

• Advises Senior Supervision Management on issues that involve possible rule violations and potential liability.

• Addresses sensitive supervision issues with Management in assigned functional area.

• Reviews documentation related to supervision & compliance issues for validity and alignment with organizational policies.

• Prepares and delivers written and oral presentations to senior management.

• May coordinate and/or oversee responses to regulatory agency inquiries.

• Reports supervision program status and activities to supervision and business management personnel.

• Manages relevant external examinations, ensuring that requested information and reports are provided.

• Develops supervision training programs in conjunction with other activities, as well as maintains training records.

• Performs other duties and responsibilities as assigned.

Qualifications

Knowledge, Skills, and Abilities:

Knowledge of:

• 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:

• Integrating and aligning supervision processes and procedures with business processes.

• Identifying and implementing controls and quality assurance processes.

• Reviewing materials for compliance & supervision with rules and regulations.

• Critical thinking and decision-making, involving the interpretation of regulatory rules and compliance policies.

• Developing training programs.

• Gathering information to prepare and deliver written and oral presentations.

• Investigating relevant irregularities.

• Making rule-based and analytical decisions.

• Operating standard office equipment and using required software applications.

• Operating various social media outlets.

• Detail orientation to ensure the regulatory liability is limited, without impairing workflow.

Ability to:

• Partner with other functional areas to accomplish objectives.

• Facilitate meetings, ensuring that all viewpoints, ideas and problems are addressed.

• Gather information, identify linkages and trends and apply findings to assignments.

• Interpret and apply securities and/or banking regulations and identify and recommends policy and procedural 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 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 confidentiality.

• Independently manage and complete multiple projects and tasks; work independently with minimal direct supervision.

Educational/Previous Experience Requirements:

• Bachelor’s degree (B.A. /B.S.) and a minimum of three (3) years of Compliance or Supervision experience.  

~or~

• Any equivalent combination of experience, education, and/or training approved by Human Resources.

Licenses/Certifications:

• Series 7, 66 or 63 and 65 and Series 24 Required.