Sr. Advisor, Regulatory Reporting and Operations Compliance

Raymond James•Saint Petersburg, FL

1d•Hybrid

About The Position

Under general supervision, the Sr. Advisor uses extensive securities-industry knowledge and skills gained through experience, specialized training, and/or certification to ensure compliance with securities and/or banking rules and regulations. The role coordinates compliance functions, guides compliance efforts, and serves as a liaison between functional areas. It leads large or multiple projects with significant scope and impact, works independently on difficult and broad assignments requiring originality and ingenuity, and provides comprehensive solutions to complex problems. The position maintains extensive contact with internal customers, including broker-dealer Operations and Regulatory Reporting (FINOP), to identify, research, analyze, and resolve complex issues. The role oversees the compliance program for an assigned business area, ensuring compliance processes and procedures are integrated with business processes and appropriately address risk. It provides escalated compliance guidance, supports initiatives and control enhancements, researches regulatory requirements and industry practices, monitors employee adherence, reviews compliance documentation, and reports program status to compliance and business management. The position may coordinate responses to regulatory agency inquiries and prepares and delivers presentations to senior management. The position is hybrid and requires travel of less than 25%. The role is eligible for a benefits package that may include medical, dental, and vision coverage; life, critical illness, accident, and disability insurance; retirement savings; paid time off, including vacation, holidays, and sick leave; and parental leave. Specific offerings may vary by position and employment status.

Requirements

Bachelor’s degree (B.A./B.S.) and a minimum of three years of experience in Compliance and/or the financial services industry preferred, or an equivalent combination of experience, education, and/or training approved by Human Resources.
Knowledge of securities-industry and/or banking compliance review concepts, practices, and procedures.
Knowledge of rules and regulations of the SEC, FINRA, MSRB, state securities regulatory agencies, OCC, and Federal Reserve System.
Knowledge of fundamental investment concepts and practices, brokerage and financial operations, securities-industry operations, and financial markets and products.
Skills in overseeing compliance programs; aligning compliance processes with business processes; coordinating complex compliance activities; and providing compliance support and guidance.
Ability to identify and implement controls and quality assurance processes, review materials for regulatory compliance, research compliance issues, develop compliance training, investigate potential irregularities, and make rule-based and analytical decisions.
Ability to operate standard office equipment and required software applications.
Ability to partner across functional areas, facilitate meetings, attend to detail while maintaining a broader perspective, gather and analyze information, and interpret and apply securities and/or banking regulations.
Ability to manage multiple concurrent tasks and deadlines in a fast-paced environment with interruptions and changing priorities.
Effective oral and written communication and interpersonal skills across organizational levels.
Ability to work independently and collaboratively, provide a high level of customer service, establish effective working relationships, maintain confidentiality, and stay current with industry regulations and compliance practices.

Nice To Haves

Additional licenses or certifications demonstrating knowledge and expertise in industry regulation and concepts.

Responsibilities

Oversee the compliance program for an assigned business area, ensuring compliance processes and procedures are integrated and aligned with business processes.
Direct adjustments to existing programs, policies, and procedures as required.
Ensure compliance activities are commensurate with the level of risk being mitigated.
Provide escalated support and guidance for compliance efforts in the assigned business entity.
Partner with Operations, Risk, Legal, Technology, and business stakeholders on initiatives, control enhancements, issue remediation, and process improvements.
Inform appropriate senior management about issues that may involve rule violations or potential liability.
Assist management in implementing controls and quality assurance processes to detect and address potential compliance problems.
Research regulatory requirements, interpretive guidance, industry practices, and external enforcement actions to support compliance assessments and recommendations.
Monitor exception and other internal reports for employee adherence to rules and regulations.
Participate in compliance-related policy discussions.
Review documentation related to compliance issues for validity and alignment with organizational policies.
Prepare and deliver written and oral presentations to senior management.
May coordinate and/or oversee responses to regulatory agency inquiries.
Report compliance program status and activities to compliance and business management personnel.
Perform other duties and responsibilities as assigned.