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Job Snapshot
-
Employee Type:
Full-Time -
Location:
St. Petersburg, FL -
Job Type:
-
Experience:
Not Specified -
Date Posted:
8/20/2024
Job Description
Department Overview:
Raymond James Financial is a diversified holding company based in Florida and headquartered in Saint Petersburg, FL. The company provides financial services to individuals, corporations, and municipalities through its subsidiary companies. These subsidiaries are primarily involved in investment and financial planning, as well as 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:
The Supervision Governance and Reporting team is responsible for continuously minimizing risk by identifying areas for improvement within the control environment and promoting transparency and accountability through managing formal governance routines, issues and exam management, and ongoing reporting. As a senior advisor, you will support the Supervision Business Unit Risk Manager (BURM) by focusing on issues management activities, maintaining the control inventory, and ensuring compliance with enterprise risk management standards and processes. You will receive guidance to perform varied work that is somewhat difficult in nature. This role requires evaluation, originality, and ingenuity to make moderately complex decisions. You will resolve or recommend solutions to complex problems, lead defined work or projects of moderate scope and complexity, and maintain extensive contact with internal customers to identify, research, and resolve problems. For highly sensitive or complex issues, you will escalate to and partner with the BURM. You may also be assigned other tasks as needed.
Essential Duties and Responsibilities:
- Manages and tracks issues and action plans owned by PCG Supervision from identification to completion to ensure transparency, accountability, and resolution.
- Interfaces with associates of varying levels of seniority to document and manage issues.
- Coordinates with internal audit, compliance testing, regulatory exams, and inquiry management. Compliance and risk management are responsible for issues and action plans identified outside of PCG supervision.
- Evaluates existing and new controls with a focus on risk rating, control effectiveness, and sustainability.
- Assist with various enterprise risk management BURM responsibilities including records management, business continuity, supplier risk management, and model risk management.
- Maintains, schedules, and participates in various governance routines.
- Monitors and keeps up to date with regulations regarding financial services and applies them accordingly.
- Provides critical challenge as part of the supervision governance process.
- Performs other duties and responsibilities as assigned.
Job Requirements
Knowledge, Skills, and Abilities:
Knowledge of:
- Strong foundation in supervisory concepts, practices and procedures used in the securities industry, financial markets and financial products.
- Risk management concepts in the financial services industry including issues management, root cause analysis, control risk rating, supplier risk management, business continuity planning, model risk management, and records management.
- Rules and regulations of the Securities Exchange Commission (SEC) Financial Industry Regulatory Authority (FINRA) and state securities regulatory agencies sufficient to perform the functions of this job.
- Reporting tools and effective presentation of management information.
Skill in:
- Critical thinking and decision-making, involving the interpretation of regulatory rules and compliance policies.
- Detail-orientated to ensure information is clear, concise and accurate.
- Excellent organizational skills and ability to multi-task.
- Excellent writing and presentation skills.
- Operating standard office equipment.
- Preparing and delivering presentations.
- Utilizing business-appropriate phone manners.
Ability to:
- Work independently with minimal direct supervision as well as collaboratively within a team environment.
- Partner with other functional areas to accomplish objectives.
- Attend to detail while maintaining a big picture orientation.
- Interpret and apply securities and/or banking regulations and identify and recommend changes as appropriate.
- Work under pressure on multiple tasks concurrently and meet deadlines.
- Maintain confidentiality.
- Use appropriate interpersonal styles and communicate effectively and professionally, both orally and in writing, with all organizational levels.
- Establish and maintain effective working relationships at all levels of the organization.
- Provide a high level of professionalism and customer service.
- Facilitate meetings, ensuring that all viewpoints, ideas, and problems are addressed.
Educational/Previous Experience Recommendations:
- Bachelor%26rsquos degree (B.A) in a related discipline and a minimum of four (4) years of experience in Supervision 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%26rsquos 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:
