Senior Branch Compliance Supervisor

Raymond James Ltd.; Toronto; On-site; CAD 110,000 - 125,000; Full time

Benefits offered by this job

Flexible workstyles

Performance bonuses

Job summary

Raymond James Ltd. seeks a Senior Branch Compliance Supervisor to monitor retail account activity for CIRO compliance and to guide Financial Advisors. The role involves complex regulatory reviews, policy interpretation, and education duties within a busy branch environment.

The candidate will maintain up-to-date regulatory knowledge, review client applications and ads, and contribute to department initiatives. A strong background in Canadian securities and CIRO standards is required.

Qualifications

• 10 years of experience in a Compliance function at a broker-dealer
• Proficiency for CIRO Supervisor registration
• Knowledge of CIRO/Regulatory requirements and supervisory best practices

Responsibilities

• Monitor retail account activity for CIRO-compliant supervision
• Provide regulatory guidance to Financial Advisors
• Review client account applications and advertising materials
• Maintain knowledge of regulations and firm policies
• Fulfill CIRO continuing education requirements
• Provide backup coverage for other Supervisors
• Contribute to department initiatives and projects

Skills

Investment concepts

Regulatory policies

AML/ATF compliance

Dataphile and FactSet

Microsoft Excel

Client service

Analytical thinking

Education

CIRO Supervisor registration

Canadian Securities Course (CSC)

Conduct and Practices Handbook Course (CPH)

Options Licensing Course (OLC) / DFC

Investment Dealer Supervisors Course (IDSC)

Options Supervisors Course (OPSC)

Canadian Investment Regulatory Exam (CIRE)

Retail Securities Exam (RSE)

Tools

Microsoft Office

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 Branch Compliance Supervisor

How does the role impact the organization?

The Senior Branch Compliance Supervisor will be responsible for monitoring retail account activity for compliance with governing regulations as well as internal policies and procedures. In addition to providing regulatory guidance and support to Financial Advisors, the Senior Branch Compliance Supervisor will be involved in more complex areas requiring in-depth technical knowledge, strong relationship management skills, and the ability to analyze and comment on broader implications of regulatory changes.

Essential Duties and Responsibilities

• Conduct daily and monthly supervisory reviews of transactions in accordance with Canadian Investment Regulatory Organization (CIRO) requirements and RJL policies and procedures;
• Identify, resolve, and or escalation any areas of non-compliance;
• Review and approve client account applications and updates; review and 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 assigned.

Senior Level Duties and Responsibilities

• Provide training for new supervisors;
• Respond to policy and regulatory changes with a view to the impact to supervision, and update firm-wide supervision documentation/manuals;
• Respond to queries and escalations around policy and procedure interpretation, client concerns, and complex or sensitive matters;
• Provide Supervisory coverage for other branches;
• Interview applicants for new supervisor positions;
• Assist senior Compliance and Supervision leaders with complex risk issues and team specific initiatives; and
• Respond to urgent matters with a view to minimizing impact.

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

• Investment concepts, practices, and procedures used in the securities industry;
• Advanced regulatory policies, discussion topics, and broad industry supervisory issues;
• Regulatory AML/ATF compliance, risk management disciplines and best practices; and
• Dataphile and FactSet are highly desirable.

Skill in

• Microsoft Office, particularly Excel, with a willingness and ability to learn new applications;
• Client service and relationship management;
• Analytical thinking and critical reasoning; and

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 telephone etiquette and relationship management skills;
• Analyze, summarize, and discuss the impact of complex supervisory issues;
• Professionally present analysis of complex issues to senior management;
• Exercise tact and discretion in the handling of confidential information; and
• Communicate proficiently in French is highly desirable.

Educational/Previous Experience Requirements & Licenses/Certifications

• 10 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)
• 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 and others accountable for delivering results that matter
• Contribute to the continuous evolution of the firm

Salary Range: $110,000-125,000 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.