Branch Compliance Supervisor

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.

Branch Compliance Supervisor

How does the role impact the organization?

The Branch Compliance Supervisor will be responsible for monitoring retail account activity for compliance with governing regulations as well as internal policies and procedures. The Branch Compliance Supervisor will also provide regulatory guidance and support to Financial Advisors and requires strong relationship management skills.

What will your role be responsible for?

• Conduct Tier 1 daily and monthly reviews of transactions in accordance with Canadian Investment Regulatory Organization (CIRO) minimum standards and RJL policies and procedures;
• Identify and resolve or escalate any areas of non-compliance;
• Review and approve client account applications and updates to account applications; approve advertisements, sales literature and correspondence;
• Maintain working knowledge of industry regulations and RJL policies and procedures;
• Fulfill CIRO Continuing Education requirements;
• Provide back-up coverage for other Branch Compliance Supervisors; and
• Contribute to internal department initiatives and other projects, as requested.

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.

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.

Branch Compliance Supervisor

How does the role impact the organization?

The Branch Compliance Supervisor will be responsible for monitoring retail account activity for compliance with governing regulations as well as internal policies and procedures. The Branch Compliance Supervisor will also provide regulatory guidance and support to Financial Advisors and requires strong relationship management skills.

What will your role be responsible for?

• Conduct Tier 1 daily and monthly reviews of transactions in accordance with Canadian Investment Regulatory Organization (CIRO) minimum standards and RJL policies and procedures;
• Identify and resolve or escalate any areas of non-compliance;
• Review and approve client account applications and updates to account applications; approve advertisements, sales literature and correspondence;
• Maintain working knowledge of industry regulations and RJL policies and procedures;
• Fulfill CIRO Continuing Education requirements;
• Provide back-up coverage for other Branch Compliance Supervisors; and
• Contribute to internal department initiatives and other projects, as requested.

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:

Knowledge of:

• Fundamental investment concepts, practices, and procedures used in the securities industry;
• Regulatory AML/ATF compliance, risk management disciplines and best practices; and
• Dataphile, Risk & Compliance Intelligence Platform, FactSet, and Market Q are highly desirable.

Skills in:

• Client service and relationship management;
• Analytical thinking and critical reasoning;
• Attention to detail;
• Microsoft Office with focus on Excel, Macros and VBAs, highly desired;
• Microsoft Power BI, Power Query, Power Apps and Power Automate, highly desired; and
• SQL and ability to work with databases, highly desired.

Ability to:

• Work within deadlines in a high-volume and demanding environment while maintaining a high level of service and an imperative attention to detail;
• Demonstrate advanced face-to-face, email, videoconferencing and phone etiquette as well as relationship management skills;
• Exercise tact and discretion in the handling of confidential information; and
• Bilingual in English and French (spoken and written) is required.

Educational/Previous Experience Requirements & Licenses/Certifications

• 5 years experience at a broker dealer in a Compliance function, including two years of relevant experience working for a Dealer Member or such equivalent experience as may be acceptable to CIRO;
• The proficiency requirements necessary for registration as a CIRO Supervisor with options.

Under the legacy system this would, broadly, include:

• Canadian Securities Course (CSC),
• Conduct and Practices Handbook Course (CPH),
• Options Licensing Course (OLC) and Derivatives Fundamentals Course (DFC), or Derivatives Fundamentals and Options Licensing (DFOL),
• Investment Dealer Supervisors Course (IDSC), and
• Options Supervisors Course (OPSC).

Under CIRO’s new proficiency requirements, this includes:

• Canadian Investment Regulatory Exam (CIRE)
• Retail Securities Exam (RSE)
• Derivatives Exam
• Supervisor Exam
• Experience with complex products including non-brokered private placements, leveraged ETFs, principal protected notes, hedge funds, segregated funds and illiquid securities.

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