Senior Advisor, PCG Compliance Testing

Raymond James•Memphis, FL

2d•Hybrid

About The Position

Under general supervision, uses extensive knowledge and skills obtained through experience, specialized training and/or certification in securities and/or banking industry to perform risk-based testing/targeted reviews that are based on the results of the compliance risk assessment. Specifically, leading, coordinating, and executing independent controls testing from planning to close, including communication of issues and action plans and interaction with Business Unit Chief Compliance Officers and senior management. Maintains extensive contact with internal customers to identify, research, analyze and resolve moderate to complex issues.

Requirements

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: Overseeing compliance programs.
Integrating and aligning compliance processes and procedures with business processes.
Coordinating complex compliance activities.
Providing support and guidance for compliance efforts.
Identifying and implementing controls and quality assurance processes.
Reviewing materials for compliance with rules and regulations.
Researching compliance issues.
Developing compliance training programs.
Gathering information and preparing oral and written reports.
Preparing and delivers written and oral presentations.
Investigating relevant irregularities.
Making rule-based and analytical decisions.
Operating standard office equipment and using required software applications.
Ability to: Partner with other functional areas to accomplish objectives.
Facilitate meetings, ensuring that all viewpoints, ideas, and problems are addressed.
Attend to detail while maintaining a big picture orientation.
Gather information, identify linkages and trends, and apply findings to assignments.
Interpret and apply securities and/or banking regulations and identify and recommend 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.
Maintain currency in securities and/or banking industry rules and regulations and best practices in compliance.
Bachelor’s Degree (B.A./B.S.) in a related discipline and a minimum of three (3) years of experience in the financial services industry, compliance, or risk management.
~or~ Any equivalent combination of experience, education, and/or training approved by Human Resources.

Nice To Haves

Additional licenses/certifications demonstrating the candidate’s knowledge/expertise in industry regulation and concepts preferred.

Responsibilities

Collaborate across Compliance teams to maintain a risk-based Compliance Testing program in accordance with testing requirements.
Conducts compliance tests by reviewing applicable regulations and firm policies, conducting interviews with key contacts, conducting test execution, identifying issues, and issuing final reports.
Performs multiple testing engagements concurrently from planning through reporting and produces quality deliverables.
Serves as a Compliance Assurance/compliance risk management liaison by providing meaningful input to ensure risk data is captured, risk mitigation strategies and controls are developed when gaps exist, and appropriate reporting mechanisms are in place.
Finalizes test issues and action plans, communicates test findings to management and identifies opportunities for improvement in the design and effectiveness of compliance controls.
Identify changes and assist with the execution of annual and quarterly updates to the testing plan.
Partner with business units to recommend policy, process and/or control changes/enhancements.
Work closely with other assurance and risk management programs to assess impact of compliance testing results.
Ensure effective coordination occurs within assigned team and more broadly within Compliance Testing teams.
May serve as a resource on compliance issues to partners and associates.
Prepares and delivers written and oral presentations to management.
Balances conflicting resource and priority demands.
Establishes strong relationships with senior management.
Uses excellent communication skills to influence a wide range of internal audiences including respective product, function, or senior management partners.
Meets deliverables whilst adhering to Quality Assurance criteria and program manual requirements.
Possesses intermediate project management and strong interpersonal skills, makes sound decisions, exhibiting initiative and intuitive thinking.
Participates in certain business initiatives and pro-actively advises and assists the business on change initiatives related to compliance risks.
Stays up to date with evolving industry and regulatory changes impacting the business.
Perform other duties and responsibilities as assigned.