Credit Officer - 1 Year Contract
Top Benefits
About the role
- 2500554
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.
Credit Officer – 1 Year Contract
How does the role impact the organization?
As a member of the Credit team, you will play an integral role in the effective monitoring and management of retail credit usage with Raymond James Ltd. You will utilize your experience in the securities industry and risk management knowledge to ensure accounts are maintained within established regulatory and internal requirements
What will your role be responsible for?
- Monitor and regulate debits in Margin, Cash, and RRSP accounts for assigned branches;
- Authorize EFT, wire transfer, and cheque requests based on risk management;
- Review client portfolios for margin/credit related issues (security/sector concentration risk);
- Approve internal transfers, account transfer-ins, as well as third party requests and stock withdrawals;
- Assist in monitoring and approving trades on the Order Routing System for trade restricted accounts;
- Respond to queries from all departments relating to Credit policies and procedures and regulatory rules;
- Prepare regular capital reporting for Finance department based on CIRO capital requirements;
- Review third party requests to ensure policy adherence and perform AML sanction screening;
- Participate in department initiatives and projects related to the Credit department and overall Operations division; and
- Perform other duties and responsibilities as assigned.
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?
- Knowledge of fundamental investment concepts, practices, and procedures used in the Canadian securities industry;
- Ability to work in a high-volume, pressure environment while maintaining a high level of client service;
- Superior analytical and proactive problem-solving abilities with strong attention to detail;
- Well-developed interpersonal and customer service skills with previous client service experience working independently as well as collaboratively within a team environment;
- Demonstrated ability to manage competing proprieties with highly developed skills in organization, multi-tasking, and prioritizing of tasks;
- Managing difficult conversations in a professional and constructive manner;
- Proactive in self-development and continuous learning to achieve required knowledge objectives;
- Demonstrate email, videoconferencing, and telephone etiquette and relationship management skills at all levels of the organization;
- Advanced proficiency in Microsoft Office with a willingness and ability to learn new applications;
Educational/Previous Experience Requirements
- Minimum 3 years of Canadian securities industry or related financial industry experience;
- Post-Secondary education with a focus in Business/Finance/Economics;
- Previous experience with Dataphile or similar applications;
- Previous experience working in Operations at an investment dealer firm with a focus on margin account maintenance and portfolio reviews is an asset;
- Canadian Securities Course, Conduct and Practices Handbook, or related courses are an asset;
- Verbal and written proficiency French is a strong 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
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 recruitment@raymondjames.ca. 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.
Salary Range: BC (based on Education, Work Experience, etc) $55,000-62,000 in addition to competitive performance bonuses/incentives.
Job Operations
Primary Location CA-BC-Vancouver-Vancouver
Organization Operations
Schedule Full-time
Status Temporary Full-Time
About Raymond James
Founded in 1962 and a public company since 1983, Raymond James Financial, Inc. is a Florida-based diversified holding company providing 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. The firm's stock is traded on the New York Stock Exchange (RJF).
Through its three broker/dealer subsidiaries, Raymond James Financial has approximately 8,700 financial advisors throughout the United States, Canada and overseas. Total client assets are $1.26 trillion (as of 10/25/2023).
Raymond James has been recognized nationally for its community support and corporate philanthropy. The company has been ranked as one of the best in the country in customer service, as a great place to work and as a national leader in support of the arts.
Credit Officer - 1 Year Contract
Top Benefits
About the role
- 2500554
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.
Credit Officer – 1 Year Contract
How does the role impact the organization?
As a member of the Credit team, you will play an integral role in the effective monitoring and management of retail credit usage with Raymond James Ltd. You will utilize your experience in the securities industry and risk management knowledge to ensure accounts are maintained within established regulatory and internal requirements
What will your role be responsible for?
- Monitor and regulate debits in Margin, Cash, and RRSP accounts for assigned branches;
- Authorize EFT, wire transfer, and cheque requests based on risk management;
- Review client portfolios for margin/credit related issues (security/sector concentration risk);
- Approve internal transfers, account transfer-ins, as well as third party requests and stock withdrawals;
- Assist in monitoring and approving trades on the Order Routing System for trade restricted accounts;
- Respond to queries from all departments relating to Credit policies and procedures and regulatory rules;
- Prepare regular capital reporting for Finance department based on CIRO capital requirements;
- Review third party requests to ensure policy adherence and perform AML sanction screening;
- Participate in department initiatives and projects related to the Credit department and overall Operations division; and
- Perform other duties and responsibilities as assigned.
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?
- Knowledge of fundamental investment concepts, practices, and procedures used in the Canadian securities industry;
- Ability to work in a high-volume, pressure environment while maintaining a high level of client service;
- Superior analytical and proactive problem-solving abilities with strong attention to detail;
- Well-developed interpersonal and customer service skills with previous client service experience working independently as well as collaboratively within a team environment;
- Demonstrated ability to manage competing proprieties with highly developed skills in organization, multi-tasking, and prioritizing of tasks;
- Managing difficult conversations in a professional and constructive manner;
- Proactive in self-development and continuous learning to achieve required knowledge objectives;
- Demonstrate email, videoconferencing, and telephone etiquette and relationship management skills at all levels of the organization;
- Advanced proficiency in Microsoft Office with a willingness and ability to learn new applications;
Educational/Previous Experience Requirements
- Minimum 3 years of Canadian securities industry or related financial industry experience;
- Post-Secondary education with a focus in Business/Finance/Economics;
- Previous experience with Dataphile or similar applications;
- Previous experience working in Operations at an investment dealer firm with a focus on margin account maintenance and portfolio reviews is an asset;
- Canadian Securities Course, Conduct and Practices Handbook, or related courses are an asset;
- Verbal and written proficiency French is a strong 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
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 recruitment@raymondjames.ca. 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.
Salary Range: BC (based on Education, Work Experience, etc) $55,000-62,000 in addition to competitive performance bonuses/incentives.
Job Operations
Primary Location CA-BC-Vancouver-Vancouver
Organization Operations
Schedule Full-time
Status Temporary Full-Time
About Raymond James
Founded in 1962 and a public company since 1983, Raymond James Financial, Inc. is a Florida-based diversified holding company providing 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. The firm's stock is traded on the New York Stock Exchange (RJF).
Through its three broker/dealer subsidiaries, Raymond James Financial has approximately 8,700 financial advisors throughout the United States, Canada and overseas. Total client assets are $1.26 trillion (as of 10/25/2023).
Raymond James has been recognized nationally for its community support and corporate philanthropy. The company has been ranked as one of the best in the country in customer service, as a great place to work and as a national leader in support of the arts.