VP, Fixed Income Compliance

Raymond James•New York, NY

19h•Hybrid

About The Position

Uses extensive knowledge and skills obtained through education and experience to support the Fixed Income business, specifically focused on our newest affiliate GreensLedge, an investment bank and asset manager known for its leadership in structured credit and securitization. This role offers the opportunity to be on the front lines of integration of GreensLedge into Raymond James, providing compliance advice to the business as it integrates, and shaping and oversee integration and improvement of key compliance functions into the enterprise compliance program. As a valued associate, you will collaborate with front office sales & trading, investment banking and asset management, working with business leaders, risk, legal teams, and regulators to drive effective compliance programs that safeguard the firm and support business objectives. Additionally, you will contribute to firm-wide initiatives and ensure that business activities align with regulatory standards and best practices. This role requires a leader with a strong foundation and experience with structured products from both broker-dealer and investment advisory regulatory perspectives, and values some international experience as applied to the GreensLedge business.

Requirements

Advanced Knowledge of: Concepts, practices and procedures of securities industry compliance, specifically focused on structured products from both a broker-dealer and investment adviser perspective.
Rules and regulations of the Securities Exchange Commission (SEC); Financial Industry Regulatory Authority (FINRA); and state securities regulatory agencies.
Concepts, practices and procedures used in the securities industry.
Principles of finance and securities industry operations.
Financial markets and products.
Planning and scheduling work to meet regulatory organizational and regulatory requirements.
Identifying and applying appropriate compliance monitoring procedures and tests.
Preparing oral and/or written reports.
Investigating compliances issues and irregularities.
Making rule-based and analytical decisions.
Strong verbal and written communication.
Operating standard office equipment and using required software applications.
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.
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.
Establish and maintain effective working relationships at all levels of the organization.
Maintain confidentiality.
Maintain currency in laws, rules and regulations related to compliance in assigned functional area.
Interpret and apply policies and identify and recommend changes as appropriate.
Quantitatively and/or qualitatively process data.
Formulate and implement department strategies consistent with long-term company goals.
Promote team cohesiveness, cooperation, and effectiveness.
Bachelor’s Degree (B.A./B.S.) in a related discipline required with a Master’s degree preferred.
Minimum of twelve (12) years of Compliance, Legal, Banking and/or regulatory experience in the financial services industry.
Minimum ten (10) years management experience within the financial services industry.

Nice To Haves

Some international experience as applied to the GreensLedge business.
Additional licenses/certifications demonstrating the candidate’s knowledge/expertise in industry regulation and concepts preferred.

Responsibilities

Provide hands-on compliance guidance to GreensLedge.
Collaborate closely with front-office professionals to interpret regulations, apply firm policies, and support business objectives in real time.
Manage and enhance compliance processes, policies, and procedures to ensure adherence to regulatory requirements, as GreensLedge is integrated into the enterprise compliance program.
Lead compliance-related projects and change initiatives from inception through completion, including cross-department coordination.
Prepare presentations for business and compliance leadership.
Research and analyze new or updated regulations to assess impact, identify trends, and implement necessary changes.
Ensure compliance with regulatory requirements related to operations/middle office functions.
Identify, recommend and collaborate with other areas of the firm to automate and streamline functions to improve operational efficiencies of compliance systems.
Oversee exception reports, review corrective actions, and prepare compliance reports for management and regulators.
Serve as a compliance liaison on internal committees and represent the firm at industry conferences or regulatory forums.