Compliance Officer, Senior

Raymond James Ltd.; Toronto; On-site; CAD 75,000 - 90,000; Full time

Benefits offered by this job

Health benefits

RRSP matching

Employee stock purchase plan

Paid time off

Volunteer days

Discretionary bonuses

Tuition reimbursement

Job summary

Raymond James Ltd. is seeking a Senior Compliance Officer in Canada to monitor retail account activity, oversee discretionary portfolio programs, and ensure regulatory adherence across multiple programs. You will support the Compliance Help Desk and act as a senior advisor to branches and portfolio managers.

Responsibilities include supervising trade reviews, NAV reviews for pooled funds, risk assessments, audits, and development of policies. A CIM or CIRO pathway is encouraged.

Qualifications

• Minimum 3 years of experience in compliance within the securities industry.
• Successful completion of the Branch Manager / Investment Dealer Supervisors Course (IDSC).
• Eligible for CIRO registration as Supervisor / Registered Representative, or pursuing it.

Responsibilities

• Monitor retail account activity and implement corrective actions.
• Provide guidance to staff and serve as help desk resource.
• Prepare regulatory reports for filing requirements.
• Conduct trade reviews and supervise managed accounts.
• Assist with compliance risk assessments, audits, and policy development.
• Provide training and guidance to Compliance Officers.

Skills

Analytical skills

Communication

Interpersonal skills

Teamwork

Multitasking

Customer service

Education

IDSC course

CIRO registration

CIM designation (asset)

Tools

Dataphile

Excel

Job description

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

How does the role impact the organization?

As a Senior Compliance Officer, you will play an important role in ensuring the firm's adherence to industry regulations and internal policies. Your primary responsibility will be monitoring retail account activity, implementing corrective actions, and maintaining compliance standards. Additionally, you will serve as a key resource on the department's help desk, providing guidance and support to staff.

What will your role be responsible for?

Portfolio Oversight and Regulatory Compliance:

• Support the Manager, Compliance in leading and overseeing compliance for discretionary portfolio programs, ensuring adherence to regulatory requirements across PIMG, APM Advice Preapprovals, RJIC, IFM Pooled Funds, Solus Trust, the Charitable Foundation, and related programs.
• Prepare regulatory reports to meet RJIC filing requirements with the BCSC and OSC.

Trade Reviews and Account Supervision:

• Assist the Manager, Compliance in conducting ongoing trade reviews and supervising managed accounts, with a primary focus on Tier 2 and hybrid Tier 1 supervisory duties, including transaction monitoring and suitability assessments across RJIC and PIMG managed accounts and pooled fund programs.
• Conduct and approve Investment Fund Manager Net Asset Value (NAV) reviews for pooled funds, ensuring accuracy and adherence to established timelines.

Performance Reporting, Audits and Risk Assessments:

• Assist in the preparation of supervision and performance reports for Operating Group meetings.
• Support the Manager, Compliance in conducting compliance risk assessments, audits, and examinations; formulating policies and procedures; preparing regulatory clearinghouse interpretations and summaries; and supporting analytical projects and compliance presentations.
• Identify, assess, and elevate compliance risks, including emerging regulatory risks.
• Conduct and lead compliance risk assessments and thematic reviews.

Guidance, Support and Training:

• Provide day-to-day guidance to Compliance officers and registrants.
• Act as a subject matter expert and escalation point for complex issues.
• Support development of compliance training programs and best practices.
• Respond to compliance-related inquiries from branches.
• Provide training and ongoing guidance to Compliance Officers.

Approvals & Decision Authority (Account and Trade Approvals):

• Exercise enhanced judgement on complex approvals or recommendations to management.
• Provide final review and escalation recommendations to management on non-standard cases.
• Approve new account applications and IPS updates.
• Act as the primary contact for questions regarding new accounts and document-deficient accounts.
• Approve trade corrections and marketing requests from Portfolio Managers.

Monitoring and Reviews:

• Review short positions in cash, RRSP, and margin accounts as needed.
• Conduct option reviews, restricted security monitoring and portfolio analysis.

Stakeholder and Advisory Role (Help Desk and Investigative Support):

• Act as a senior advisor to branches and portfolio managers on compliance matters.
• Proactively engage with business partners to mitigate risk and improve controls.
• Represent Compliance in cross-functional initiatives.
• Monitor and respond to inquiries in the RJIC Compliance Help Inbox and assist with PIMG Compliance inbox queries from PMs.
• Provide investigative support on various compliance projects.

Strategic Contributions and Additional Duties:

• Contribute to improvement of compliance systems, controls, and processes.
• Support strategic initiatives aligned with regulatory change and business growth.
• Perform other duties as assigned by the Manager, Compliance.

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 3 years of experience in compliance within the securities industry.
• Successful completion of the Branch Manager / Investment Dealer Supervisors Course (IDSC) course and eligible for the CIRO registration category of Supervisor and Registered Representative, or committed to their successful completion.
• Committed to the successful completion of the CIM designation would be considered an asset.
• Proficiency with spreadsheets and Dataphile.
• Excellent analytical, communication, and interpersonal skills.
• Ability to work independently and as part of a team.
• Well-developed and proven customer service and interpersonal skills.
• Strong multi-tasking skills and the ability to work under pressure.
• Excellent group dynamics and the desire to work in a team environment.
• Support from your department Manager is required.

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: $75,000 - 90,000 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 [e-mail]. 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.