Raymond James Financial, Inc. Advisor, Supervision- Trade Review in St. Petersburg, Florida
The Trade Review team conducts daily reviews of trading activity and periodic supervisory alerts primarily using Supervisory Center. Advisors within this team administer and analyze various supervision sales practice and trading reviews to proactively detect trends, trading patterns, and possible rule violations. Ensures adherence to securities industry regulations to protect clients, financial advisors and to limit firm liability. Responsible for the review and resolution of daily and periodic alerts using the firm’s supervisory review system and other ancillary reviews.
Determines suitability of client branch activity based upon regulatory rules and regulations and policies.
Some guidance is provided to perform varied work that is somewhat challenging in nature and that requires evaluation, originality and ingenuity to make moderately complex decisions. Resolves or recommends solutions to complex problems. Leads defined work or projects of moderate scope and complexity.
Remote work option for registered financial services professionals with supervision or compliance trade review experience and possessing appropriate licensure.
Essential Duties and Responsibilities:
Conducts independent Supervision reviews and monitors trading activities through the use of various reports and systems. Adjusts existing programs, policies and procedures, as directed.
Identifies and advises client branches of irregularities; determines the suitability of client activity
Pro-actively monitors and ensures that trading activity meets the account objectives. Reports findings and manages concerns in a professional manner
Interfaces with sales management associates to inform them of any supervisory concerns that may arise with branch office managers/FAs and works together with them to address these concerns as well as to resolve any conflicts that may arise related to client accounts
Monitors and keeps up to date with regulations regarding trading activity in client accounts and applies them accordingly
Assists in researching Supervision issues and alerting management to current regulatory issues
Assists in developing training programs, including maintaining training records and coordinating training with functions
Prepares and delivers written and oral presentations to business units.
Performs other duties and responsibilities as assigned.
Knowledge, Skills, and Abilities:
Fundamental investment concepts, practices and procedures used in the securities industry
Principles of banking, finance, and securities industry operations
Investments and trading, securities industry regulations, and client suitability (all at a level consistent with Series 9/10 licensing). Familiarity/facility with RJ and its systems is preferable.
Company’s working structure, policies, mission, and strategies
General office practices, procedures, and methods
Suitability and other compliance issues involved with branch manager/FA trading activity
Operating standard office equipment and using required software applications to produce correspondence, reports, electronic communication, spreadsheets, presentations, and databases.
Critical thinking and decision-making, involving the interpretation of regulatory rules and compliance policies.
Detail orientation to ensure the regulatory liability is limited, without impairing workflow.
Utilizing business-appropriate phone manners.
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 including branch managers/FAs.
Establish and communicate clear directions and priorities.
Provide a high level of customer service.
Educational/Previous Experience Recommendations:
- Bachelor’s degree (B.A) in a related discipline and a minimum of two (2) years of experience in Supervision and/or the financial services industry.
- Any equivalent combination of experience, education, and/or training approved by Human Resources.
- Appropriate series license(s) for assigned functional area preferred or the ability to obtain within an established timeframe.
o SIE required provided that an exemption or grandfathering cannot be applied.
o Required to have a Series 7, 9, 10 and 63
o Series 24, 53 and 4 can be used instead of the 9 and 10
o Series 66 can be obtained instead of 63
- Additional licenses/certifications demonstrating the candidate’s knowledge/expertise in industry regulation and concepts preferred.
Job: Auditing & Compliance
Primary Location: US-FL-St. Petersburg-Saint Petersburg
Job Shift Day Job
Travel Yes, 5 % of the Time
Req ID: 2103492