Compliance Trainee - Entry Level Compliance Advisor
Job Summary
Analysts hired into this entry-level developmental program will have the opportunity to learn about and support the Raymond James Compliance department. The ideal candidate has an interest in financial services and/or risk management and has a willingness to learn Compliance methodology and processes.
This role is designed to provide hands-on experience supporting processes, initiatives, and projects focused on ensuring the firm is compliant the laws, rules, and regulations of the financial industry. Analysts can expect to learn the about the Financial Services industry, Risk Management, and how the Risk Model and Compliance department support Raymond James’ operations.
Essential Duties and Responsibilities
- Assists management in implementing adequate controls and quality assurance processes to provide early identification of potential compliance problems.
- Adjusts existing programs, policies, and procedures, as directed.
- Drafting reports detailing work performed and conclusions reached.
- Reports compliance program status and activities to compliance management.
- Assists in developing compliance training programs, including maintaining training records and coordinating training with other compliance activities.
- Reviews advertising, disclosures, notices, compliance related regulatory reports and forms for compliance with rules and regulations.
- Assists in overseeing compliance program(s) for an assigned business entity to ensure compliance processes and procedures are integrated and aligned with business processes.
- Identifies, recommends, and works with other areas of the firm to automate and streamline functions to improve operational efficiencies of compliance systems.
- Provides support and guidance for compliance efforts in assigned business entity.
- Assists in researching compliance issues.
- Conducting research utilizing available systems, databases, and the internet, consistent with the resolution of investigations.
- Perform reviews and analysis utilizing internal and third-party research tools.
- Assists with external compliance examinations, including gathering requested information and reports.
- Aid in projects as deemed priority by management.
- Prepares and delivers written and oral presentations
- Performs other duties and responsibilities as assigned.
Qualifications - External
Knowledge, Skills, and Abilities
Knowledge of:
- Using Microsoft Excel to organize data (e.g., Pivot Tables, Macros, VBA)
- Methods for extracting, organizing, and presenting complex data in easily digestible formats (e.g., data visualization)
- Basics of data visualization tools (e.g., Tableau)
Skill in:
- Exercising judgment and self-direction to complete projects.
- Critical thinking, attention to detail, and the ability to use analytical skills.
- Managing several tasks at once.
- Communicating effectively, both verbally and in writing.
- Establishing and maintaining effective professional working relationships.
Ability to:
- Learn about concepts, practices, and procedures of securities industry and/or banking compliance reviews.
- Learning the principles of banking and finance and securities industry operations.
- Acquire the ability to review materials for compliance with rules and regulations.
- Learn how to research regulatory updates to identify linkages and trends.
- Gather information and gain the ability to identify linkages and trends.
- Attention 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.
- Provide a high level of customer service.
- Establish and maintain effective working relationships at all levels of the organization.
- Maintain confidentiality.
Educational/Previous Experience Requirements
- Minimum of bachelor’s degree (B.A./B.S.) in Finance, Business, Data Analytics, Statistics, or applicable degree demonstrating technical capacity.
~or~
- Any equivalent combination of experience, education, and/or training approved by Human Resources.
Licenses/Certifications
- None Required.
Travel
- None Required