Raymond James Financial, Inc

Manager, Enhanced Due Diligence (AML)

Raymond James Financial, Inc • $90K — $120K *
Saint Petersburg, FL 33710In-Person
Finance & Insurance
5 - 7 years of experience
1 week ago
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in a related field and 6+ years experience in compliance within securities or banking, focusing on anti-money laundering activities.
  • Ability to obtain ACAMS certification within one year if not already held.
  • Deep understanding of USA PATRIOT Act and related regulations.
  • Experience in investigating compliance issues and identifying irregularities.
  • Proven ability to supervise and mentor a compliance team.

Responsibilities

  • Lead and oversee AML Analysts, ensuring performance evaluations and staff selection are conducted effectively.
  • Develop and analyze metrics, preparing reports on AML Know Your Client populations.
  • Provide training and mentoring to team members on AML practices.
  • Identify and escalate critical AML risk matters promptly.
  • Administer and update compliance policies according to AML regulations.
  • Respond to regulatory inquiries and coordinate compliance efforts across departments.
  • Contribute to training modules and compliance communications on relevant topics.

Benefits

  • Medical, dental, and vision insurance options.
  • Life, critical illness, and accident insurance.
  • Disability benefits and retirement savings plans.
  • Paid time off for vacation, holidays, and sick leave.
  • Parental leave provided.
Full Job Description
Job Description Summary
Under limited direction, uses extensive knowledge and skills in securities and/or banking industry compliance obtained through experience, specialized training, and/or certification to develop, administer, and enforce anti-money laundering rules and regulations. Leads projects with significant scope and impact. Works independently on difficult assignments that are broad in nature, requiring originality and ingenuity with appreciable latitude for unreviewed actions or decisions. Provides comprehensive solutions to complex problems. Results are evaluated at agreed-upon milestones for effectiveness in achieving specified results. Extensive contact with internal customers is required to identify, research, analyze, and resolve complex issues.

This Manager is responsible for overseeing a team of AML Analysts whose primary focus is client enhanced due diligence.

Job Description

Responsibilities:
• Performs supervisory activities, including identifying performance problems and seeking guidance for remedial action; reviewing performance; and participating in interviewing and selecting staff.
• Plans, assigns, monitors, reviews, evaluates, and leads the work of others.
• Devise and analyze metrics and prepare reports related to key measurements of AML Know Your Client populations.
• Provide training and mentoring to new and existing Associates.
• Promptly escalate AML risk relevant and critical or reputational risk matters.
• Provide guidance and support in the detection and reporting of suspicious activity.
• Administer policies and procedures to ensure compliance with regulations related to money laundering included in the USA PATRIOT Act.
• Maintain knowledge of best practices in investigative research processes based on sources such as industry groups and information issued by regulatory groups and the United States government.
• Contribute to various AML training modules and communications by providing material on timely subjects, incidents, and other relevant topics as necessary.
• Respond to regulatory inquiries and coordinate with other compliance personnel.
• Maintain currency in laws and regulations pertaining to anti-money laundering compliance.
• Provides guidance to Raymond James Associates regarding AML policies.
• Perform other duties and responsibilities as assigned.

Skills:
• Concepts, practices, and procedures of securities industry and/or banking compliance reviews.
• Rules and regulations of the USA Patriot Act.
• Fundamental investment concepts, practices, and procedures used in the securities industry.
• Principles of banking and finance and securities industry operations.
• Financial markets and products.
• Administering anti-money laundering policies and procedures.
• Analyzing activity documentation to identify irregular transactions.
• Administering regulatory notifications and filings.
• Planning and scheduling work to meet organizational and regulatory requirements.
• Identifying and applying appropriate compliance monitoring procedures and tests.
• Preparing oral and/or written reports.
• Investigating compliance issues and irregularities.
• Making rule-based and analytical decisions.
• Operating standard office equipment and using required software applications.
• Supervise, coach, and mentor a team of AML Investigation Analysts.
• Gather information, identify linkages and trends, and apply findings to assignments.
• Interpret and apply anti-money laundering regulations and identify and recommend compliance changes as appropriate.
• Work under pressure on multiple tasks concurrently and meet deadlines in a fast-paced work environment with frequent interruptions and changing priorities.
• Communicate effectively, both orally and in writing.
• Work independently as well as collaboratively within a team environment.
• Provide a high level of customer service.
• Establish and maintain effective working relationships at all levels of the organization.
• Schedule and facilitate team and interdepartmental meetings as needed
• Maintain confidentiality.

Education/Previous Experience
• Bachelor's Degree (B.A.) from a four-year college or university in a related field and a minimum of six (6) years' experience in compliance in the securities or banking industry with a focus on anti-fraud/anti-money laundering activities.
• ~OR ~
• Any equivalent combination of education, training and/or experience approved by Human Resources.

Licenses/Certifications:
• ACAMS is required or the ability to obtain in one (1) year.

Education

Work Experience

Certifications
Other License Not Listed - Other

Travel
Less than 25%

Workstyle
Hybrid

The total compensation for this position includes base salary or wages, and may include components such as additional compensation (cash or equity), discretionary bonuses, or commissions. This position is eligible for a benefits package that may include medical, dental, and vision; life insurance; critical illness insurance and accident insurance; disability benefits; retirement savings; paid time off (including vacation, holidays, and sick leave); and parental leave. Eligibility for benefits and specific offerings may vary based on position and employment status. To view more details of the benefits offered, visit Myrjbenefits.com.

About Raymond James Financial, Inc

The Raymond James Technology and Communications Investment Banking Group is a committed and thoughtful partner that provides a full range of investment banking services and best practices. The group is comprised of experienced professionals that have extensive investment banking expertise. They leverage the industry expertise of Raymond James' award-winning research department. The group focuses on key sectors within technology and communications including: communications software, communication towers, defense electronics, enterprise software, internet infrastructure services, homeland security, IT services, mobile technology, semiconductors, software-as-a-service, telecommunications equipment, telecommunications infrastructure and support services, and wireless & wireline telecommunications services. They take pride in a client-centric approach to M&A, with focus on delivering independent solutions that creates value for the long term. The outcome of this unique approach may be seen in the successful transactions of their clients, including over 80 public offerings totaling $17 billion and over 85 strategic advisory transactions totaling over $5 billion in value since 1998.

Raymond James Financial, Inc Careers

Join the vibrant team at Raymond James Financial, Inc, a leading financial services company where innovation, leadership, and professional growth are at the forefront of our operations. As a hub of diversity and expertise, Raymond James offers unparalleled job opportunities that propel your career to new heights. Work You’ll Do At Raymond James Financial, Inc, you’ll collaborate with some of the most talented professionals in the financial industry. Our team is dedicated to providing strategic financial solutions and advice to our clients, helping them achieve their financial goals while fostering economic growth. With a culture rooted in leadership and diversity training, Raymond James is the perfect place to enhance your skills and thrive professionally. Join our market-leading team to assist a diverse range of clients, from individuals to large corporations, in navigating their financial planning with precision and innovative strategies. Lead in a role where your expertise directly influences the success and stability of our clients' financial futures. Work with a dynamic team of advisors and experts who are committed to pushing the boundaries of the financial sector through continuous innovation and exceptional client service. Raymond James Financial, Inc Job Opportunities Introducing the Raymond James Career Development Program We are committed to nurturing talent through our comprehensive career development program designed to provide every employee—from interns to senior leaders—with the tools and training necessary for success. Whether you’re just starting out with an internship or you’re a seasoned professional, Raymond James offers career paths that align with your ambitions and skills. Do Innovative Work Join a company where innovation is part of the daily routine. At Raymond James Financial, Inc, you’ll engage with cutting-edge financial tools and resources that keep you ahead in the industry. Our commitment to technology and innovation ensures that we stay at the forefront of financial services. Be Part of a Great Team Experience a collaborative environment where teamwork and networking are encouraged. Our inclusive culture supports diversity and offers benefits that ensure the well-being of all team members. At Raymond James, you’re not just an employee; you’re part of a family that values your unique contributions and supports your professional journey. Future-Proof Your Career Advance your career with Raymond James, where opportunities for growth are abundant. Benefit from our industry-leading training programs and gain certifications that will elevate your professional standing. With a focus on career longevity and satisfaction, Raymond James ensures that your professional journey is as rewarding as it is successful. Explore Discover the various positions available at Raymond James Financial, Inc that match your skills and interests. We are continuously hiring across multiple disciplines, eager to welcome passionate, curious, and solution-driven team players. Stay Connected Join Our Team Search open positions at Raymond James Financial, Inc and find the perfect match for your career aspirations. Explore a range of opportunities from financial advising to corporate roles that align with your professional skills and goals. Keep Up to Date Stay informed with the latest career tips, insider perspectives, and industry-leading insights—all from the professionals who thrive at Raymond James. Job Alert Emails Customize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding career opportunities waiting for you at Raymond James Financial, Inc. Join Raymond James Financial, Inc today and be part of a company that values innovation, leadership, and professional growth. Your future in the financial industry starts here.
Learn more about Raymond James Financial, Inc
Size
15,000 employees
Market Cap
$22.6 billion
Industry
Finance & Insurance
Net Income
$862 million
5 Year Trend
+11.6%
Revenue
$8.3 billion
NASDAQ
RJF
* Ladders Estimates

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