Compliance Oversight Senior Manager

Job Description Summary

Under intermittent supervision and with a high level of autonomy, uses extensive knowledge and skills obtained through education, experience, specialized training and/or certification in the securities or banking industry compliance to administer and manage an assigned compliance function. Works within a specified Business Unit to lead major projects, programs, or processes with significant business impact. Influences strategic direction, develops tactical plans, and completes complex assignments with substantial latitude for un-reviewed actions or decisions. Provides comprehensive solutions to escalated problems or needs. Maintains extensive contact with internal customers and regulatory agencies to identify, research, analyze, and resolve complex issues.

Job Description

Essential Duties and Responsibilities

• Establishes objectives and develops processes and procedures that adhere to all regulatory requirements.

• Performs human resources management activities including identifying performance problems, seeking guidance for remedial action, reviewing performance, as well as participating in interviewing and selecting staff.

• Plans, assigns, monitors, reviews, evaluates, and leads the work of others.

• Coaches and mentors subordinate, identifies training needs, and recommends appropriate development programs.

• Works in conjunction with management to develop and implement continuing education and training programs for the department.

• Effectively communicates and presents risk-related findings to senior leadership, clearly articulating potential impacts and recommended actions.

• Serves as a leader for surveillance staff.

• Oversees compliance exception reporting processes and approves corrective actions.

• Schedules and oversees audit processes, including scheduling, training, and reviewing audit results.

• Ensures effective coordination within assigned work group and with other work groups.

• Identifies and recommends solutions to automate and streamline functions that improve the operational efficiency of compliance systems.

• Serves as a compliance liaison on various committees and projects that represent the department’s interest(s).

• Research regulatory updates to identify linkages, report trends and apply findings.

• Periodically reports on compliance and operational issues.

• Balances conflicting resource and priority demands.

• Performs other duties and responsibilities as assigned.

Knowledge, Skills, and Abilities

Advanced 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.

Advanced Skill in:

• Leading meetings with senior leaders and stakeholders.

• Preparing oral and/or written reports for executive leaders.

• Prioritizing, planning and scheduling work to meet regulatory organizational and regulatory requirements.

• Identifying and applying appropriate compliance oversight procedures and tests.

• Investigating compliances issues and irregularities.

• Making rule-based and analytical decisions.

• Operating standard office equipment and using required software applications.

Ability to:

• Manage, coach and mentor others.

• Partner with other functional areas to accomplish objectives.

• Demonstrate the capability to facilitate productive team discussions and guide collaborative decision-making

• Adjust to and effectively utilize web-based tools such as SharePoint, Smartsheet and Qlik dashboards.

• 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.

Educational/Previous Experience Requirements

• Bachelor’s Degree (B.A./B.S.) in a related discipline and a minimum of eight (8) 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.

Licenses/Certifications

• None Required.

• Series 7, 9/10 or 24 license preferred

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

Education

Work Experience

Certifications

Travel

Less than 25%

Workstyle

Hybrid

At Raymond James – as part of our people-first culture, we honor, value, and respect the uniqueness, experiences, and backgrounds of all of our Associates. When associates bring their best authentic selves, our organization, clients, and communities thrive. The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs.

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