Credit Officer Contract

Raymond James Ltd.; Vancouver; On-site; CAD 55,000 - 60,000; Full time

Job summary

Raymond James Ltd. is seeking a Credit Officer for a 12-month contract in Vancouver. You will monitor retail credit usage, authorize transfers, and review portfolios to manage risk and regulatory compliance.

The role focuses on margin, cash, and RRSP accounts, with collaboration across departments. Ideal candidates have at least 3 years in Canadian securities or related finance, strong analytical skills, and proficiency in Microsoft Office.

Qualifications

• Knowledge of Canadian securities industry concepts and practices
• Ability to work in a high-volume, pressure environment with client service
• Strong analytical and proactive problem-solving abilities
• Interpersonal and customer service skills with team collaboration
• Organizational skills and ability to prioritize tasks
• French language proficiency is an asset

Responsibilities

• Monitor and regulate debits in Margin, Cash, and RRSP accounts for branches
• Authorize EFT, wire transfer, and cheque requests based on risk management
• Review client portfolios for margin/credit related issues
• Approve internal transfers and stock withdrawals
• Assist in monitoring trades on the Order Routing System for restricted accounts
• Respond to queries on Credit policies and regulatory rules
• Prepare capital reporting for CIRO requirements
• Screen third-party requests for policy adherence and AML checks
• Participate in department initiatives and projects within Credit/Operations
• Perform other duties as assigned

Skills

Investment concepts

Client service

Analytical thinking

Multitasking

Communication

Microsoft Office

Education

Post-Secondary education in Business/Finance/Economics

Tools

Dataphile

Job description

Credit Officer - 12 Month Contract

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.

How does the role impact the organization?

As a member of the Credit team, you will play an integral role in the effective monitoring and management of retail credit usage with Raymond James Ltd. You will utilize your experience in the securities industry and risk management knowledge to ensure accounts are maintained within established regulatory and internal requirements.

What will your role be responsible for?

• Monitor and regulate debits in Margin, Cash, and RRSP accounts for assigned branches;
• Authorize EFT, wire transfer, and cheque requests based on risk management;
• Review client portfolios for margin/credit related issues (security/sector concentration risk);
• Approve internal transfers, account transfer-ins, as well as third party requests and stock withdrawals;
• Assist in monitoring and approving trades on the Order Routing System for trade restricted accounts;
• Respond to queries from all departments relating to Credit policies and procedures and regulatory rules;
• Prepare regular capital reporting for Finance department based on CIRO capital requirements;
• Review third party requests to ensure policy adherence and perform AML sanction screening;
• Participate in department initiatives and projects related to the Credit department and overall Operations division; and
• Perform other duties and responsibilities as assigned.

What do we expect from you?

• Knowledge of fundamental investment concepts, practices, and procedures used in the Canadian securities industry;
• Ability to work in a high-volume, pressure environment while maintaining a high level of client service;
• Superior analytical and proactive problem-solving abilities with strong attention to detail;
• Well-developed interpersonal and customer service skills with previous client service experience working independently as well as collaboratively within a team environment;
• Demonstrated ability to manage competing proprieties with highly developed skills in organization, multi-tasking, and prioritizing of tasks;
• Managing difficult conversations in a professional and constructive manner;
• Proactive in self-development and continuous learning to achieve required knowledge objectives;
• Demonstrate email, videoconferencing, and telephone etiquette and relationship management skills at all levels of the organization;
• Advanced proficiency in Microsoft Office with a willingness and ability to learn new applications;

Educational/Previous Experience Requirements

• Minimum 3 years of Canadian securities industry or related financial industry experience;
• Post-Secondary education with a focus in Business/Finance/Economics;
• Previous experience with Dataphile or similar applications;
• Previous experience working in Operations at an investment dealer firm with a focus on margin account maintenance and portfolio reviews is an asset;
• Canadian Securities Course, Conduct and Practices Handbook, or related courses are an asset;
• Verbal and written proficiency French is a strong asset.

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: $55,000 - 60,000 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.