At Raymond James, we develop, we collaborate, we decide, we deliver, and we improve together.
Raymond James Ltd. is Canada’s leading independent investment dealers offering high quality investment products and services to Canadians seeking customized solutions to their wealth management needs.
SENIOR COMPLIANCE OFFICER, PRODUCT RISK - 12 Month Contract
How does the role impact the organization?
Raymond James Ltd. is Canada’s leading full-service independent investment dealer, providing high quality investment products and services to Canadians seeking customized solutions. We are seeking a highly qualified Senior Compliance Officer to join our team. In this role, you will play a critical part in ensuring the firm’s compliance with industry regulations and internal policies. Your key responsibilities include performing day-to-day tasks related to product and security risk, maintaining compliance standards, and supporting departmental reporting, and providing guidance through our compliance help desk.
What will your role be responsible for?
Product and Security Risk
Execute daily responsibilities related to product and security risk in accordance with internal policies and established frameworks.
Conduct periodic adjustments, override reviews, and assist the Manager or Senior Manager with refinements to risk frameworks, rating logic, and breakpoints.
Provide compliance monitoring for exempt funds, non-brokered private placements, structured notes, broker warrants, and other products, including ad hoc reviews as requested.
Maintain data feeds and manage onboarding processes for new products.
Perform annual and ongoing risk assessments for Separately Managed Accounts (SMAs), Pooled Funds, and other investment products
Reporting, Audits and Risk Assessments
Assist the Manager or Senior Manager in preparing reports for management meetings, operating groups, and board presentations.
Support compliance risk assessments, audits, and regulatory examinations.
Contribute to policy and procedure development, regulatory summaries, analytical projects, compliance presentations, and filing requirements with regulatory bodies such as the BCSC and OSC.
Security Risk Monitoring, Suitability Assessment and Portfolio Supervision
Conduct security risk rating analysis and adjustments, Know Your Product (KYP) assessments, and product risk evaluations.
Perform transaction monitoring, option reviews, suitability assessments, and approvals.
Review of Net Asset Value (NAV) calculations, marketing materials, and performance reports to ensure compliance.
Provide support for advice and preapproval requests from Associate Portfolio Managers, Solus Trust, and the Charitable Foundation.
Approve trade corrections, marketing requests, and new account applications.
Help Desk, Support and Training
Respond to inquiries related to risk ratings, product compliance, asset allocation, suitability, KYP, portfolio compliance, performance returns, marketing, new accounts, NAV reviews, and other requests directed to the compliance group..
Provide investigative support for compliance projects and respond to branch inquiries.
Deliver training and guidance to team members, Compliance Officers, branch staff, and associates.
Additional Duties
Perform other responsibilities as assigned by the Manager, Senior Manager, or Vice President.
What can you expect from us?
Our most important investment is in people. Upon eligibility, Raymond James Ltd offers flexible workstyles, a competitive compensation and benefits package. Our benefits range from Health Benefits, RRSP Matching Program, Employee Stock Purchase Plan, Paid Time Off, Volunteer Days, Discretionary Bonuses, Tuition Reimbursement and many more! We also support internal promotion and community involvement.
What do we expect from you?
To qualify for this opportunity you possess:
Minimum of 5 years of compliance experience within the securities industry.
Successful completion of the Branch Manager or Investment Dealer Supervisors Course (IDSC) or equivalent, with eligibility for CIRO registration as Supervisor and Registered Representative.
Commitment to completing the Chartered Investment Manager (CIM) designation.
Proficiency in spreadsheets and Dataphile systems.
Strong analytical, communication, and interpersonal skills.
Ability to work independently and collaboratively in a team environment.
Proven customer service skills and the ability to manage multiple priorities under pressure.
Post-secondary diploma or degree; and
We encourage 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 – we honor, value, respect the uniqueness, experiences, and backgrounds of all of our Associates. When associates bring their best authentic self, our organization, clients and communities thrive, it is part of our people-first culture. The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs.
Here at Raymond James we demonstrate our commitment to ensuring equal opportunities for all candidates. To request accommodations, candidates are instructed to contact Human Resources via email at recruitment@raymondjames.ca. By reaching out to this email address, candidates can communicate their specific requirements and discuss the necessary accommodations they may need to participate fully in the recruitment process.
