Compliance Officer, RJLU

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.

Compliance Officer, RJLU

How does the role impact the organization?

RJL is seeking a Compliance Officer for its subsidiary company Raymond James (USA) Ltd. (RJLU). The role will be based out of either Toronto or Vancouver.

RJLU is a cross-border firm registered in the U.S. with the Securities Exchange Commission (SEC) as a Registered Investment Advisor and Broker-Dealer and is a member of the Financial Industry Regulatory Authority (FINRA) and Securities Investor Protection Corporation (SIPC). In Canada, RJLU operates under Exemptive Relief orders from the British Columbia and Ontario securities commissions.

Reporting to the Manager, RJLU Compliance, the Compliance Officer will be responsible for supporting all aspects of U.S. retail and institutional compliance for RJLU. This will involve working closely with all RJLU Compliance team members in dispensing advice and providing regulatory guidance to Financial Advisors and Equity Capital Markets (ECM) teams. The Compliance Officer is expected to be registered as a principal and participate in the day-to-day functions carried out by the team, assist in projects resulting from regulatory change and generally support the implementation of the program.

What will your role be responsible for?

• Daily, generate exception reports to ensure compliance with various policies and procedures.
• Daily, monitor the Compliance inbox for queries from advisors and sales assistants.
• Assist in carrying out, tracking and reporting both remote and onsite, retail and ECM, branch inspections.
• Assist in investigating, resolving and reporting customer complaints.
• Assist in compiling data and information for regulatory requests for information, regulatory exams and internal audits.
• Assist in establishing and updating compliance policies, procedures and written supervisory procedures (WSP) to ensure compliance with U.S. laws and regulations.
• Assist in developing the Continuing Education program for the Institutional and Private Client Group lines of business.
• Support the Manager, RJLU Compliance where needed in daily tasks such as reviewing requests for deposits of low-priced securities and requests for legend removals, among others.
• Assist the CCO, and Manager with Ad Hoc tasks and projects.
• Attend team and firm meetings.
• Travel on an Ad-Hoc basis, if required.
• Participate in other tasks, as assigned.

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?

Knowledge of

• FINRA rules and regulations;
• SEC rules and regulations, with a particular focus on requirements set out in the Investment Advisers Act of 1940;
• MS Office and excellent proficiency with MS Outlook, Word, Excel and PowerPoint.
• Regulatory and compliance processes.
• Pershing’s NetX360 system, desired.

Skill in

• Organizing, multi-tasking, and prioritizing.
• Paying strong attention to detail.
• Verbal, written and interpersonal communication; and
• Distilling regulatory changes into short, clear messages.

Ability to

• Build strong relationships.
• Manage competing priorities.
• Work on simultaneous projects.
• Communicate effectively both orally and in writing.

Educational & Previous Experience Requirements

• Minimum of 2 years of experience in the financial industry, at least 1 specifically in supervision/compliance;
• Experience working for a U.S. broker-dealer or Canadian cross-border dealer highly desired.
• Professional education in relevant fields with graduate training desired, e.g. MBA, JD/LLB, CFA, etc.
• Successful completion of FINRA’s Securities Industry Essentials, Series 7 and Series 24 (or other securities principal qualifications) exams, or willingness to complete within a reasonable timeframe.

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

Salary Range: $70,000 - 80,000 annually, in addition to competitive performance bonuses/incentives.

Actual compensation will be determined based on skills, experience, internal equity, and other job requirements.

This posting is for an existing vacancy.

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 [email protected]. 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.

We may use automated or AI-enabled tools to support parts of our recruitment and screening process, including screening, assessing or selecting applicants where applicable. These tools help us review applications efficiently, but they do not replace human decision-making.