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Job Description Summary

Manage a team of operational risk specialists and analysts to develop, implement, communicate and measure the effectiveness of operational risk policies, procedures, and standards for a particular business unit or function. Work closely with line and operations staff; review and act upon risk information; incentivize risk management behaviors and network with other risk management professionals to create a strong risk management culture.

Job Description

Under intermittent supervision and with a high level of autonomy, extensive knowledge and skills obtained through education, experience, specialized training, and/or certification in the banking industry compliance to administer and manage an assigned compliance function. Leads 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.

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 subordinates, 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.

+ Serves as a leader of compliance pillars that make up the Bank’s compliance management system.

+ Oversee compliance exception reporting processes and approves corrective actions.

+ Oversee audit and regulatory exam processes.

+ 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 issues.

+ Balances conflicting resource and priority demands.

+ Performs other duties and responsibilities as assigned.

Advanced knowledge of:

+ Concepts, practices, and procedures of banking compliance.

+ Rules and regulations of: Federal Deposit Insurance Corporation (FDIC); Office of the Comptroller of the Currency (OCC); Federal Financial Institutions Examination Council (FFIEC); Federal Reserve System; state banking regulatory agencies.

+ Investment concepts, practices and procedures used in the securities industry.

+ Principles of banking and finance industry operations.

+ Financial markets and products.

Advanced skill in:

+ 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.

Ability to:

+ Manage, coach and mentor others.

+ 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

Licenses/Certifications

+ None Required.

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

Education

Bachelor’s: Accounting, Bachelor’s: Actuarial Science, Bachelor’s: Applied Mathematics

Work Experience

General Experience - 6 to 10 years

Certifications

Securities Industry Essentials Exam (SIE) - Financial Industry Regulatory Authority (FINRA)

Travel

Less than 25%

Workstyle

Resident

At Raymond James our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) to deliver on the firm's core values of client-first, integrity, independence and a conservative, long-term view.

We expect our associates at all levels to:

• Grow professionally and inspire others to do the same

• Work with and through others to achieve desired outcomes

• Make prompt, pragmatic choices and act with the client in mind

• Take ownership and hold themselves and others accountable for delivering results that matter

• Contribute to the continuous evolution of the firm

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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