Compliance Manager- RJ Bank

Job Description Summary

Job Description

Essential Duties and Responsibilities

· Supports the following components of the RJ Bank and the Bank Segment compliance programs to ensure compliance processes and procedures are integrated and aligned with business processes:

o Training program

o Testing and monitoring

o Third-party risk management due diligence reviews

o NMLS registration administration

o CFPB quarterly reporting

· Performs compliance testing and monitoring activities, including preplanning, identifying risk-based scope, communicating with business and stakeholders, assessing policies/procedures, transactional testing, and results reporting, for applicable coverage areas.

· Assists in execution of the Bank Segment training program.

· Performs third-party due diligence reviews.

· Administers the NMLS registration program in coordination with RJF Registrations.

· Conducts quarterly reporting for the CFPB.

· Assists with development and maintenance of compliance policies and procedures.

· Supports RJ Bank and the Bank Segment.

· Assists with adjustments to existing programs, policies, and procedures, as required.

· Ensures that compliance activities are commensurate with the level of risk being mitigated.

· Provides escalated support and guidance to compliance efforts in RJ Bank and the Bank Segment.

· Informs Senior Compliance Management about issues that may involve rule violations or potential liability.

· Assists management to implement adequate controls and quality assurance processes to detect and address potential compliance problems.

· Researches compliance issues.

· Reports compliance program status and activities to compliance and business management.

· Assists with providing information for external compliance examinations and internal audit.

· May make risk-based recommendations to Senior Management using extensive industry knowledge to review products, production, and asset value changes across the firm’s business lines.

· Routinely interacts with RJ Bank Executive Management and leadership, Bank Segment Compliance CCO and leadership, Trust and TriState Compliance, Compliance Directors, Compliance Managers and associates.

· Prepares and delivers written and oral presentations to management.

· Performs other duties and responsibilities as assigned.

Knowledge, Skills, and Abilities

Advanced Knowledge of:

· Concepts, practices, and procedures of the retail banking, securities industry, and banking compliance.

· Rules and regulations of the Federal Deposit Insurance Corporation (FDIC); Federal Financial Institutions Examination Council (FFIEC); Federal Reserve Board (FRB); Consumer Financial Protection Bureau (CFPB), and state banking regulatory agencies

· Banking Privacy laws, regulations, rules, and guidance.

· Knowledge of Securities Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA), state securities regulatory agencies, and Office of the Comptroller of the Currency (OCC) regulations is beneficial but not required

· Knowledge of Investment concepts, practices, and procedures used in the securities industry is beneficial but not required

· Principles of banking and finance and securities industry operations.

· Financial markets and products.

Skill in:

· Reviewing, editing, and drafting documents and training courses.

· Creating and drafting management level presentations and reporting.

· Integrating and aligning compliance processes and procedures with business processes.

· Coordinating complex compliance activities

· Reviewing materials for compliance with rules and regulations

· Reviewing and providing feedback regarding other associates’ work

· Researching regulatory and compliance topics

· Conducting compliance testing and monitoring

· Developing compliance training courses

· Acquiring information and preparing oral and written reports

· Delivering written and oral presentations

· Investigating compliance irregularities

· Making rule and risk-based analytical decisions

· Operating standard office equipment and using required software applications such as Microsoft Word, Excel, PowerPoint, Outlook, Copilot/ChatGPT, and Teams.

Ability to:

· 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 in 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 the 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.

Educational/Previous Experience Requirements

· Bachelor’s Degree (B.A./B.S.) in a related discipline and a minimum of six (6) 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.
• Additional licenses/certifications demonstrating the candidate’s knowledge/expertise in industry regulation and concepts preferred.

Education

Work Experience

Certifications

Travel

Workstyle

The total compensation for this position includes base salary or wages, and may include components such as additional compensation (cash or equity), discretionary bonuses, or commissions. This position is eligible for a benefits package that may include medical, dental, and vision; life insurance; critical illness insurance and accident insurance; disability benefits; retirement savings; paid time off (including vacation, holidays, and sick leave); and parental leave. Eligibility for benefits and specific offerings may vary based on position and employment status. To view more details of the benefits offered, visit Myrjbenefits.com.

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.

About Raymond James

Raymond James is a diversified financial services company providing wealth management, capital markets,
asset management, banking and other services to individuals, corporations and municipalities. Founded in 1962 in St. Petersburg, Florida, rather than on Wall Street, we have always embraced being a different kind of financial services firm. Today, Raymond James has locations and subsidiaries across the United States, Canada, the United Kingdom and Germany, and is listed on the New York Stock Exchange under the symbol RJF.

Working at Raymond James

Our business is deeply focused on people and their financial well-being. We're committed to helping individuals, corporations and institutions achieve their goals, while also supporting successful professionals and helping our communities prosper. We believe doing well and doing good aren't mutually exclusive.

As an established but ever-evolving company, you can start – or continue – growing your career here. We invest in you with wide-ranging benefits and the support of leaders and colleagues who care. From development opportunities and enriching networking groups to prioritizing diversity, inclusion and the power of different perspectives, Raymond James is where good people grow.

Our people-first culture is outlined in our Culture Blueprint. Check it out to see why many choose to work at Raymond James – and why they stay.