Sr. Advisor, Compliance PCG Branch Exams

Raymond James•New York, NY

8d•Remote

About The Position

Execution of the risk-based branch exam program in FINRA-registered and non-registered Private Client Group branches across the country. Detailed documentation of testing in branch exam system and related work papers. Ensure prescribed sample methodologies are used and resulting sample sizes provide an adequate reflection of the activity being tested. Use professional judgement to know when to “ask the next question” as potential risk areas are identified. Apply the appropriate risk weight to a given testing activity and/or finding level. Clear communication of all exam findings to branch management, exam managers and compliance leadership. Provide reporting of exam findings and complete any related follow up in a timely manner. Ensure risks and adverse trends are identified and escalated. Provide compliance support to business partners, as needed. Maintain regular interaction with Compliance and Supervision partners. Complete special and ad hoc reviews and projects, as identified, in a quality and timely manner. Provide guidance and mentoring to less-experienced peer group members.

Requirements

Advanced knowledge of: Concepts, practices, and procedures of the securities industry, broker/dealer compliance and/or branch exams
Rules and regulations of the SEC, FINRA, and state securities regulatory agencies
Fundamental investment concepts, practices, and procedures used in the securities industry
Financial markets and products
Thorough and balanced documentation of work product
Clear, concise, cross-functional communications, both written and oral
Identification of opportunities for the development, enhanced consistency, and ongoing maintenance of the branch exam program
Building strong relationships based on mutual respect, trust, and understanding
Establishing credibility with others, presenting oneself with confidence, and holding one’s ground when faced with pushback
Delivering difficult messages with sensitivity, tact, and diplomacy
Proactive identification of emerging risk areas and/or adverse trends and escalations of same to exam management for suggestions on mitigation
Problem-solving in a complex environment
Effectively navigating the organization to obtain information and achieve objectives
Demonstrated proficiency in Microsoft Word and Excel
Ability to: Work under pressure on multiple tasks concurrently in a fast-paced work environment
Manage time exceptionally well and remain highly organized
Gain a thorough understanding and application of PCG policies and procedures
Shift focus from one activity to another without impacting the quality of the work
Constructively handle disagreements or conflicts to reach a resolution
Apply industry experience to proactively identify and anticipate existing and emerging compliance risks
Work well independently, but also collaboratively with the team
Bachelor’s degree (B.A. /B.S.) and a minimum of three (3) years of licensed examination experience.
Appropriate series license(s) for assigned functional area required or the ability to obtain within an established timeframe.
Required to have a Series 7, 24 or willing to obtain within 120 days of employment
Series 9 and 10 can be used instead of the 24

Nice To Haves

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

Responsibilities

Execution of the risk-based branch exam program in FINRA-registered and non-registered Private Client Group branches across the country
Detailed documentation of testing in branch exam system and related work papers
Ensure prescribed sample methodologies are used and resulting sample sizes provide an adequate reflection of the activity being tested
Use professional judgement to know when to “ask the next question” as potential risk areas are identified
Apply the appropriate risk weight to a given testing activity and/or finding level
Clear communication of all exam findings to branch management, exam managers and compliance leadership
Provide reporting of exam findings and complete any related follow up in a timely manner
Ensure risks and adverse trends are identified and escalated
Provide compliance support to business partners, as needed
Maintain regular interaction with Compliance and Supervision partners
Complete special and ad hoc reviews and projects, as identified, in a quality and timely manner
Provide guidance and mentoring to less-experienced peer group members