SVP, Correspondent Services

Raymond James Ltd.; Toronto; On-site; CAD 200,000 - 250,000; Full time

Benefits offered by this job

Flexible workstyles

Health benefits

RRSP Matching

Employee stock purchase plan

Paid time off

Volunteer days

Discretionary bonuses

Tuition reimbursement

Job summary

Raymond James Ltd. is seeking an accomplished executive to lead the Junior? Senior Vice President, Correspondent Services, overseeing strategy, growth, regulatory compliance, client experience, and financial performance.

The role reports to the COO and steers the firm’s clearing, custody, and operational solutions for brokers, PMs, and institutional clients. You will direct a high-performing team, drive strategic initiatives, and foster executive relationships with clients and regulators, while

Qualifications

• 15+ years of progressive leadership experience in wealth management, custody, correspondent clearing, capital markets, or related financial services sectors.
• Executive leadership with accountability for growth, financial performance, and organizational leadership.
• Deep understanding of the Canadian investment dealer and wealth management landscape.
• Strong knowledge of regulatory frameworks and operating within highly regulated environments.
• Proven success leading strategic growth, change, and transformation initiatives.
• Exceptional relationship management, communication, and stakeholder engagement skills.
• Undergraduate degree in Business, Finance, Economics, or related discipline; advanced professional designations are an asset.

Responsibilities

• Lead the overall strategy, performance, and growth of RJCS.
• Drive business development across introducing broker, portfolio manager, and select institutional channels.
• Build and maintain executive-level relationships with clients, regulators, and industry partners.
• Ensure compliance with regulatory, governance, and risk management requirements.
• Oversee operational excellence, service delivery, and innovation.
• Sponsor and support strategic initiatives including technology modernization and transformation programs.
• Lead, develop, and mentor a high-performing leadership team.
• Represent RJCS within Raymond James and across the Canadian wealth management industry.

Skills

Executive leadership

Strategic planning

Relationship management

Regulatory knowledge

Financial acumen

Education

Bachelor's degree in Business/Finance/Economics or related

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 Vice President, Correspondent Services

How does the role impact the organization?

Toronto, ON or Vancouver BC

Raymond James Ltd. is seeking an accomplished and strategic executive to lead Raymond James Correspondent Services (RJCS), one of Canada's leading correspondent clearing and custody platforms.

As Senior Vice President, Correspondent Services, you will be responsible for the overall leadership, growth, financial performance, regulatory oversight, client experience, and strategic direction of the business. Reporting to the Chief Operating Officer, you will lead a high-performing team while advancing the firm’s position as a trusted provider of clearing, custody, and operational solutions for introducing brokers, portfolio managers, and institutional clients.

What will your role be responsible for?

• Lead the overall strategy, performance, and growth of RJCS.
• Drive business development opportunities across introducing broker, portfolio manager, and select institutional channels.
• Build and maintain executive-level relationships with clients, regulators, and industry partners.
• Ensure compliance with all applicable regulatory, governance, and risk management requirements.
• Oversee operational excellence, service delivery, and innovation.
• Sponsor and support strategic initiatives, including technology modernization and business transformation programs.
• Lead, develop, and mentor a high-performing leadership team.
• Represent RJCS within Raymond James and across the Canadian wealth management industry.

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 you bring:

• 15+ years of progressive leadership experience in wealth management, custody, correspondent clearing, capital markets, or related financial services sectors.
• Proven executive leadership experience with accountability for business growth, financial performance, and organizational leadership.
• Deep understanding of the Canadian investment dealer and wealth management landscape.
• Strong knowledge of relevant regulatory frameworks and operating within highly regulated environments.
• Demonstrated success leading strategic growth, change, and transformation initiatives.
• Exceptional relationship management, communication, and stakeholder engagement skills.
• Strong commercial, financial, and operational acumen.
• Undergraduate degree in Business, Finance, Economics, or a related discipline; advanced professional designations are an 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: $200,000 - 250,000 annually, complimented by rewarding short and long tem incentive programs.

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.

Job

Administrative & Support Services

Primary Location

CA-ON-Toronto-Toronto

Other Locations

CA-BC-Vancouver-Vancouver

Organization

PCG Admin

Schedule

Full-time

Status

Permanent Full-Time