US-MI-Southfield-Southfield

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Reconciliation Specialist | Operations Risk & Control Dept. | Memphis, TN or Southfield, MI-2401196

Description

This position will follow our hybrid work model we expect candidates to be two days in-office and three days work-from-home at either of our Southfield, MI, or Memphis, TN, office locations.

Job Summary

Under limited supervision, uses advanced knowledge and skills obtained through experience and/or training in the securities industry to reconcile various depositories and firm records. Associate will assist the firm in maintaining proper compliance with industry/firm rules and regulations. Collaborates with management and team to identify opportunities for operational efficiency and process improvement to mitigate financial, reputational and regulatory risk. Applies new and changing rules and/or regulations to daily work. Recommends solutions for issues and observations. Extensive contact with other Operations departments in terms of research, identification of issues and escalation of discrepancies. Minimal supervised contact with external auditors/examiners.

Essential Duties and Responsibilities

Verify and reconcile domestic and foreign securities held at various depositories

Qualifications

Knowledge, Skills, and Abilities

Knowledge of

Financial markets, products and regulatory requirements

Skill in

Learning and applying new information, skills and processes quickly

Ability to

Demonstrate strong numerical aptitude and use critical thinking when solving operational problems

Educational/Previous Experience Requirements

Associate's degree in a business related field and a minimum of two (2) years of experience in the areas of cash and securities reconciliation, accounting, banking, and/or financial services industry.

Licenses/Certifications

None required.

Raymond James Guiding BehaviorsAt Raymond James our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) to deliver on the firms core values of client-first, integrity, independence and a conservative, long-term view.We expect our associates at all levels toAt 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.

Job

Operations

Primary Location

US-MI-Southfield-Southfield

Other Locations

US-TN-Memphis-Memphis

Organization

Operations & Administration

Schedule

Full-time

Shift

Day Job

Travel

Yes, 5 % of the TimeEligible for Discretionary BonusYes#LI-CA1