Description

Raymond James Overview

One of the largest independent financial services firms in the country could be the place you build a career beyond your expectations.

Our focus is on providing trusted advice and tailored, sophisticated strategies for individuals and institutions. Raymond James Financial is a diversified holding company, headquartered in St. Petersburg, FL. Raymond James provides financial services to individuals, corporations and municipalities through its subsidiary companies engaged primarily in investment and financial planning, in addition to capital markets and asset management.

At Raymond James, we are putting the power of perspectives into action and building an inclusive and diverse workforce that reflects our commitment to associates, and clients of the future. Our company values associate development and growth, offering opportunities through developmental programs, mentorships, and continuing education options.

We strive to ensure everyone feels welcomed, valued, respected and heard so that you can fully contribute your unique talents for the benefit of clients, your career, our firm and our communities. Raymond James is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs.

Department Overview

The Private Client Group is the largest segment within Raymond James supporting financial advisors who provide financial planning, investment advisory and securities transaction services to their clients. The ideal candidate is excited to work in a fast-paced environment with a variety of individuals including financial advisors. growing business.

This particular role calls for someone interested in compensation and retention programs for financial advisors.  The candidate should be detail-oriented and willing to handle a variety of tasks relating to the collection and processing of various client account statements used to support our FA retention program. 

Job Summary

Raymond James is the place where good people grow and nowhere is that better demonstrated than in our seasonal associate program. During the immersive experience, you will engage with and implement the firm’s core values through our five guiding behaviors. You will be equipped with knowledge of the business and culture to help you build relationships and develop skillsets for the role and your future.

To be eligible for the spring associate position you must be pursuing a bachelor's or master's degree in a business or finance field.

This is a temporary role.

Start Date: February 2024

End Date: Late April/Mid-May 2024

Work Schedule: 20-30 hours per week for a limited time, determined by department need.

Essential Duties and Responsibilities

• Acts as a liaison to branch managers, financial advisors, division, and sales management. Providing excellent customer service, professionalism, and support.
• Reviews compensation agreements and ensures that they are calculated and administered correctly from employment agreements, contracts, stock grants, bonuses, schedule of payments, draw and deal level changes, terminated financial advisor balance, pre-approved discount exception accounts, and production matching as well as any other special arrangements.
• Reviews and processes all financial advisor compensation changes and ensures they are compliant with policies procedures and contracts and escalates any concerns to management.
• Identifies potential process improvements to increase efficiency in processing or analyzing financial information.
• Utilizes reporting software to assist in reconciliations related to problem resolution.
• Specified projects and varied assignments.
• Operates standard office equipment and uses required software applications.
• Performs other duties and responsibilities as assigned.

Qualifications

Knowledge, Skills, and Abilities

Knowledge of

• Fundamental concepts, practices, and procedures of a professional office environment. 
• Basic concepts, principles, and practices of an assigned business unit. 
• Accounting concepts, practices, and procedures
• Operations and systems of assigned functional area.
• Financial products

Skill in

• Operating standard office equipment and using, or having the ability to learn, required software applications.
• Communicating effectively with highly complex clients to answer questions and resolve issues.
• Operating standard office equipment and using required software applications, including general ledger and payroll software systems, including Microsoft Office Excel, Access, and Practice Center reporting.
• Preparing, processing, and maintaining transaction documentation, files, and records.
• Gathering and compiling information from multiple sources and analyzing the detail appropriately and timely.
• Responding appropriately to inquiries and dealing with complex transaction issues.
• Organizational and time management sufficient to prioritize workload, handle multiple tasks, and meet deadlines.
• Coaching and communicating effectively, both orally and in writing.

Ability to

• Exercise initiative and problem-solving skills to independently resolve issues
• Self-manage and prioritize projects and responsibilities.
• Learn new procedures independently and accurately.
• Organize and prioritize multiple tasks and meet deadlines. 
• Communicate effectively, both orally and in writing.  
• Work independently and collaboratively within a team environment.
• Provide a high level of customer service.
• Establish and maintain effective working relationships

Educational/Previous Experience Requirements

Education/Previous Experience

• Pursuing a degree in a business or finance related field.
• Any equivalent combination of experience, education, and/or training approved by Human Resources.

Licenses/Certifications

• None required.

Location

In-Person – St. Petersburg office

• No travel required.

At Raymond James – as part of our people-first culture, we honor, value, and respect the uniqueness, experiences, and backgrounds of all of our Associates. When associates bring their best authentic selves, our organization, clients, and communities thrive. The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs.

Raymond James is a diversified financial services company providing wealth management, capital markets, asset management, banking and other services to individuals, corporations and municipalities. Founded in 1962 in St. Petersburg, Florida, the firm now has locations across the United States, Canada, the United Kingdom and Germany, and is listed on the New York Stock Exchange under the symbol RJF