Job Summary
Under general direction with a high level of autonomy, uses extensive knowledge and skills obtained through education and experience to provide leadership and strategic direction to oversee the firm’s interactions with its prudential (bank and bank holding company) regulators, including the Federal Reserve Bank of Atlanta, the Federal Reserve Bank of Cleveland and the banking regulators of the States of Florida and Pennsylvania. Extensive contact with executive management and various departments of Raymond James is required to perform the functions of this position.
Essential Duties and Responsibilities
• The firm’s holding company (NYSE: RJF) is a bank holding company which owns two state, Fed member banks: Raymond James Bank (RJB) (Florida charter) and TriState Capital Bank (TSC) (Pennsylvania charter). In this regulatory context:
• Acts as the firm’s primary point of contact with all prudential regulators, including the Fed’s examiner in charge (EIC)
• Schedules and coordinates regulatory exams of RJF, TSC and RJB
• Facilitates regulatory monitoring activities and supervisory planning, including responses to regulatory inquiries
• Attends exam meetings and reports to executive management on same
• Prepares regular reporting and updates for executive management and the Board regarding regulatory exams, inquiries and other regulatory developments
• Coordinates with members of executive management regarding exams, inquiries and related regulatory expectations, including preparation of executives for regulatory interactions
• Builds strong relationships with the EIC and other regulators with a focus on maintaining the firm’s credibility and culture of transparency
• Identifies/escalates and tracks exam findings and related remedial efforts through to completion
• Partners with the Chief Compliance Officer, Chief Risk Officer, Head of Internal Audit and General Counsel to ensure proper 2nd and 3rd line of defense coverage
• Leads and manages all aspects of large, complex projects through their entire project lifecycle (initiation, planning, execution, closure).
• Mitigates the firm’s regulatory risk exposure while balancing business concerns.
Job Summary
Under general direction with a high level of autonomy, uses extensive knowledge and skills obtained through education and experience to provide leadership and strategic direction to oversee the firm’s interactions with its prudential (bank and bank holding company) regulators, including the Federal Reserve Bank of Atlanta, the Federal Reserve Bank of Cleveland and the banking regulators of the States of Florida and Pennsylvania. Extensive contact with executive management and various departments of Raymond James is required to perform the functions of this position.
Essential Duties and Responsibilities
• The firm’s holding company (NYSE: RJF) is a bank holding company which owns two state, Fed member banks: Raymond James Bank (RJB) (Florida charter) and TriState Capital Bank (TSC) (Pennsylvania charter). In this regulatory context:
• Acts as the firm’s primary point of contact with all prudential regulators, including the Fed’s examiner in charge (EIC)
• Schedules and coordinates regulatory exams of RJF, TSC and RJB
• Facilitates regulatory monitoring activities and supervisory planning, including responses to regulatory inquiries
• Attends exam meetings and reports to executive management on same
• Prepares regular reporting and updates for executive management and the Board regarding regulatory exams, inquiries and other regulatory developments
• Coordinates with members of executive management regarding exams, inquiries and related regulatory expectations, including preparation of executives for regulatory interactions
• Builds strong relationships with the EIC and other regulators with a focus on maintaining the firm’s credibility and culture of transparency
• Identifies/escalates and tracks exam findings and related remedial efforts through to completion
• Partners with the Chief Compliance Officer, Chief Risk Officer, Head of Internal Audit and General Counsel to ensure proper 2nd and 3rd line of defense coverage
• Leads and manages all aspects of large, complex projects through their entire project lifecycle (initiation, planning, execution, closure).
• Mitigates the firm’s regulatory risk exposure while balancing business concerns.
Knowledge, Skills, and Abilities
Knowledge of
• The key rules and regulations applicable to banks and bank holding companies with a particular focus on risk management, capital, liquidity and credit.
• Businesses conducted by non-bank entities such as broker-dealers and investment advisors and a general understanding of the laws and regulations which govern them.
• Concepts, practices and procedures of the financial services industry.
Skill in
• Administering regulatory notifications and filings.
• Planning and scheduling work to meet regulatory organizational and regulatory requirements.
• Preparing oral and/or written reports.
• Project management skills and experience sufficient to successfully complete long and short term projects.
• Strong analytical skills, including demonstrated experience identifying and quantifying complex problems and providing effective resolutions.
• Operating standard office equipment and using required software applications, including database applications and regulatory agency systems.
• Managing a small team.
Ability to
• 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.
• Lead the work of others and manage, coach and mentor less experienced staff.
• Partner with other functional areas to accomplish objectives.
• Facilitate meetings, ensuring that all viewpoints, ideas and problems are addressed.
• Gather information, identify linkages and trends and apply findings to assignments.
• Interpret and apply investment advisor regulations and identify and recommend changes in policies and procedures, as appropriate.
• Work independently as well as collaboratively within a team environment.
• Establish and maintain effective working relationships at all levels of the organization.
• Maintain confidentiality.
Educational/Previous Experience Requirements
Education/Previous Experience
• Bachelor’s Degree (B.A./B.S.) in a related discipline required with a Master’s degree preferred. Minimum of fifteen (15) years of Compliance, Risk, Legal, Banking and/or regulatory experience in the financial services industry. (MBA, JD or equivalent a plus)
• Project management
• A minimum of [10] years working at a bank or bank holding company in the areas of risk, finance, compliance or legal
• ~or~
• Any equivalent combination of experience, education, and/or training approved by Human Resources.
Licenses/Certifications
• None Required.
• Additional licenses/certifications demonstrating the candidate’s knowledge/expertise in industry regulation and concepts a plus.
Travel
Travel Required: Yes, 15 % of the Time
Knowledge, Skills, and Abilities
Knowledge of
• The key rules and regulations applicable to banks and bank holding companies with a particular focus on risk management, capital, liquidity and credit.
• Businesses conducted by non-bank entities such as broker-dealers and investment advisors and a general understanding of the laws and regulations which govern them.
• Concepts, practices and procedures of the financial services industry.
Skill in
• Administering regulatory notifications and filings.
• Planning and scheduling work to meet regulatory organizational and regulatory requirements.
• Preparing oral and/or written reports.
• Project management skills and experience sufficient to successfully complete long and short term projects.
• Strong analytical skills, including demonstrated experience identifying and quantifying complex problems and providing effective resolutions.
• Operating standard office equipment and using required software applications, including database applications and regulatory agency systems.
• Managing a small team.
Ability to
• 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.
• Lead the work of others and manage, coach and mentor less experienced staff.
• Partner with other functional areas to accomplish objectives.
• Facilitate meetings, ensuring that all viewpoints, ideas and problems are addressed.
• Gather information, identify linkages and trends and apply findings to assignments.
• Interpret and apply investment advisor regulations and identify and recommend changes in policies and procedures, as appropriate.
• Work independently as well as collaboratively within a team environment.
• Establish and maintain effective working relationships at all levels of the organization.
• Maintain confidentiality.
Educational/Previous Experience Requirements
Education/Previous Experience
• Bachelor’s Degree (B.A./B.S.) in a related discipline required with a Master’s degree preferred. Minimum of fifteen (15) years of Compliance, Risk, Legal, Banking and/or regulatory experience in the financial services industry. (MBA, JD or equivalent a plus)
• Project management
• A minimum of [10] years working at a bank or bank holding company in the areas of risk, finance, compliance or legal
• ~or~
• Any equivalent combination of experience, education, and/or training approved by Human Resources.
Licenses/Certifications
• None Required.
• Additional licenses/certifications demonstrating the candidate’s knowledge/expertise in industry regulation and concepts a plus.
Travel
Travel Required: Yes, 15 % of the Time
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 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.