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Job Snapshot
-
Employee Type:
Full-Time -
Location:
St. Petersburg, FL -
Experience:
Not Specified -
Date Posted:
11/8/2024
Job Description
Job Summary:
This newly created Chief Operating Officer role for our Independent Contractor Division (ICD) will work in partnership with the President of ICD and other key stakeholders to assess strategy, structure, and operations to continuously improve ICD performance and effectiveness. This role will ensure that ICD operates effectively, profitably, in a compliant manner and is positioned for future growth by ensuring that business goals are achieved, and advisors are retained and satisfied. Key priorities of this role, but not limited to, will be to partner with the National Recruiting team and ICD Leadership to refresh ICD recruiting strategy and related processes that is aligned with Raymond James values and consists of individuals with diverse backgrounds along with defining the ICD immediate to long-term goals and aspirations as they relate to Organic Growth.
The Independent Contractor Division (ICD) is a cornerstone of Raymond James, driving firm growth and ongoing success and is the largest Division within the Private Client Group. By offering financial advisors the flexibility to operate as independent contractors, ICD attracts high-performing advisors who value autonomy while benefiting from the robust resources and support of Raymond James. This model has led to strong advisor retention and recruitment, contributing significantly to the firm's asset growth and low attrition rates. ICD's ability to adapt and support advisors' needs ensures that Raymond James remains a leader in the financial services industry, fostering a client-first culture and long-term stability.
Essential Duties and Responsibilities
- Serves as a member of the ICD leadership team; will partner with key stakeholders to develop short- and long-term goals and initiatives to achieve strategic vision.
- Develops, manages, and implements large scale strategic programs, projects, or processes for ICD, including enhanced development and utilization of CRM system
- Develops and sponsors tactics to achieve strategic objectives across functional groups or within a business group
- Could provide daily operational leadership to assigned business units, including resource allocation, human resources activities, expense management and educational programs for new and experienced associates
- Collaborates with peers and leaders across PCG and the firm on strategic initiatives, cross-functional projects and process improvements%26middot; Works with ICD leaders on regional or divisional profitability and provides leadership; contributes to and participates in all activities related to financial performance
- Supports recruiting efforts via participation in recruiting meetings, HOVs, regional conferences, as well as serving as liaison with recruiting representatives from other channels
- Organizes and facilitates periodic divisional director meetings, national conferences, recognition events, and actively participates in conferences and seminars
- Interprets, applies, documents, and recommends changes to organizational policies and procedures to ensure compliant and efficient outcomes
- Constantly remains aware of firm and industry current events, and best practices. May represent business unit on major firm level project teams and attends financial review and errors and omissions meetings.
- Balances conflicting resource and priority demands
Job Requirements
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Knowledge, Skill, and Experience:
%26middot Company%26rsquos working structure, policies, mission, strategies, and compliance guidelines.
%26middot Establishing departmental objectives.
%26middot Helping group define objectives and strategy, stay on task, and reach consensus.
%26middot Assemble appropriate resources (people, funding, material, support) to get things done.
%26middot Business Management Principles including the ability to interpret and/or analyze.
%26middot Business acumen with respect to the independent financial advising services
%26middot Develop, communicate, and implement a long-term strategy
%26middot Confidence to establish and maintain a positive rapport with individuals who have diverse backgrounds and perspectives
%26middot Analyzing business data and financial information.
%26middot Interpreting and applying policies and procedures.
%26middot Promoting effective coordination between business unit and other functional areas.
%26middot Ensures business decisions and directives are properly cascaded down to all appropriate associates and confirms execution
%26middot Identifying trends and implementing appropriate corrective action.
%26middot Preparing and delivering clear, effective, and professional presentations.
%26middot Organizational leadership, strategic thinking, and the ability to lead and supervise a subordinate staff.
%26middot Partner with other functional areas to accomplish objectives.
%26middot Perform human resource management activities.
%26middot Plan, assign, monitor, review, evaluate and lead the work of others.
%26middot Facilitate meetings, ensuring that all viewpoints, ideas, and problems are addressed.
%26middot Incorporate needs, wants, and goals from different business unit perspectives into strategies of the business unit.
%26middot Attend to detail while maintaining a big picture orientation.
%26middot Organize, manage, and track multiple detailed tasks and assignments with frequently changing priorities and deadlines in a fast-paced work environment.
%26middot Use appropriate interpersonal styles and communicate effectively, both orally and in writing, with all organizational levels.
%26middot Articulate reasons behind decisions.
%26middot Keep all appropriate parties up to date on decisions, changes, and other relevant information.
%26middot Establish and maintain effective working relationships with others.
%26middot Identify problems, gather facts, and develop solutions.
%26middot Partner with other functional areas to accomplish objectives.
%26middot Work independently, make non-routine decisions and resolve complex problems.
- Educational/Previous Experience Requirements:
- Bachelor%26rsquos Degree (B.A.) required in a related field with a minimum of fifteen (15) years%26rsquo experience in the financial services industry with ten (10 ) years of management experience or
- Master%26rsquos Degree in related field with minimum of ten (10) to twelve (12) years%26rsquo experience in the financial services industry with eight (8) years of management experience
Licenses/Certifications:
- SIE required provided that an exemption or grandfathering cannot be applied
- Series 7 required. Series 24 or 9/10 required.
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
