The Advisory Supervision team provides oversight of the Independent Registered Investment Adviser (IRIA) Outside Business Activity of Financial Advisors of Raymond James Financial Services in accordance with SEC regulations and guidelines. The Senior Advisor is expected to conduct reviews which will include – fiduciary and investment advisory oversight consistent with the Investment Advisers ACT of 1940. Oversight will include the due diligence of onboarding the IRIA to ensure adherence to the Raymond James IRIA Guidelines and acceptance of the Outside Business Activity, review of IRIA policies and procedures, IRIA firm filings and firm brochures, regulatory notices and examination requests, and directly communicate with the Chief Compliance Officer (CCO) and/or Branch Manager (BM) of the IRIA regarding their findings.

Some guidance is provided to perform varied work that is comprehensive in nature and which requires evaluation, originality and ingenuity to make moderately complex decisions. The Senior Advisor will need to resolve and/or recommend solutions to complex problems. Leads defined work or projects which may entail considerable scope and complexity. Maintains extensive contact with internal customers to identify, research, and resolve problems.

The Senior Advisor for the team will support Raymond James’ Private Client Group and will be required to work closely and directly with the business, compliance and legal to provide ongoing support and oversight of the IRIAs. Responsible for advanced review and resolution by effectively communicating and partnering with Private Client Group advisors on sensitive issues and manages conflict in line with the firm’s culture and strategy.

May train and mentor new or less experienced team members. Works independently on difficult assignments that are broad in nature requiring originality and ingenuity and provides comprehensive solutions to complex problems. Leads defined work or projects of moderate scope and complexity.

Essential Duties and Responsibilities:

• General to advanced knowledge of the Investment Advisers ACT of 1940 and incorporates that knowledge into the oversight reviews of the IRIAs including reviewing ADVs, policies and procedures, and other materials including examination requests and responses.

• Pro-actively ensures compliance with applicable industry rules (i.e. State & SEC) and platform policies and procedures and reporting findings and managing concerns in a professional and educational manner.

• Monitors and keeps up to date with securities/advisory regulations and applies them accordingly.

• Interprets, applies, and recommends changes to organizational policies and procedures.

• Performs other duties and responsibilities as assigned.

• Demonstrates verbal and written communication directly with the CCO and/or BM of the IRIA in line with the firm’s culture.

Qualifications

Knowledge of:

• Rules and regulations of the Securities Exchange Commission (SEC); Financial Industry Regulatory Authority (FINRA); and state securities regulatory agencies sufficient to perform the functions of this job.

• General knowledge of ERISA, DOL, Retirement Plans

• Working knowledge of different investment adviser concepts and practices

Skill in:

• Operating standard office equipment and using required software applications to produce correspondence, reports, electronic communication, spreadsheets, and databases.

• Attention to details to ensure regulatory liability is limited, without impairing workflow.

• Utilizing business-appropriate phone manners.

Ability to:

• Organize, prioritize, manage, and track multiple detailed tasks and assignments, including those delegated, to complete work efficiently.

• Independently manage and complete multiple projects and tasks; work independently with minimal direct supervision.

• Use appropriate interpersonal styles and communicate effectively and professionally, both orally and in writing, with all organizational levels.

• Work effectively with IRIAs and enforce company policies and procedures as necessary.

• Establish and communicate clear directions and priorities.

• Provide a high level of customer service.

Educational/Previous Experience Requirements:

• Bachelor’s degree (B.A) in a related discipline and a minimum of five (5) years of experience in Supervision and/or the financial services industry.

~or~

• An equivalent combination of experience, education, and/or training.

Licenses/Certifications:

• Appropriate series license(s) for assigned functional area preferred or the ability to obtain within an established timeframe.

o SIE required provided that an exemption or grandfathering cannot be applied.

o Required to have a Series 7 and 66

o Series 7 and 65 can be used instead of the 66

o Series 24 preferred or willing to obtain in the future

o Applicable designation or CFP can be used instead of the 65 or 66 and must be in good standing

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

Raymond James Guiding Behaviors

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 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.

Job Compliance

Primary Location United States

Organization Supervision

Schedule Full-time

Shift Day Job

Travel Yes, 15 % of the Time

Salary Range: CO, NY, CA, WA (based on Education, Work Experience, and Geographic Location) $80,000 - $90,000

Eligible for Discretionary Bonus Yes

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