Regulatory Operations Analyst

Job Title

We are seeking a detail-oriented professional with hands-on experience in regulatory reporting, specifically with CAT and CAIS, to support our compliance operations and ensure accurate trade and account data submissions.

This position follows our hybrid-friendly schedule, so you get the best of both worlds – flexibility and collaboration. In-office days will be three per week, averaging 12 days per month, in our Southfield, MI, location.

The Regulatory Operations Analyst plays a key role in supporting the firm's compliance with non-financial regulatory reporting requirements. Leveraging advanced knowledge and experience, this role is responsible for monitoring the possession and control of client assets, preparing and validating regulatory reports, and ensuring adherence to applicable industry rules and firm policies.

This position collaborates closely with management to identify and mitigate financial, reputational, and regulatory risks. The analyst also contributes to the interpretation and implementation of new or evolving regulatory requirements, offering insights and recommending process improvements. Regular interaction with internal stakeholders, including compliance teams and internal auditors, is essential to investigate and resolve observations and ensure the integrity of reporting practices.

Licenses/Certifications:

• SIE required (prior to start), provided that an exemption or grandfathering cannot be applied.
• Series 99 required (prior to start). Persons holding Series 6, 7, 17, 37 or 38 or those who hold principal-level registrations:
  Series 4, 9/10, 14, 16, 23, 24, 26, 27, 28, 51, and 53 would be qualified to register as an Operations Professional (Series 99) without passing the examination.

Responsibilities:

• Responsible for the production, validation and submission of non-financial regulatory reports (e.g., Consolidated Audit Trail (CAT) Electronic Blue Sheets (EBS), Large Options Position Report (LOPR), etc.)
• Collaborates with other business units (Brokerage Operations, Trading, Compliance, IT, and Legal)
• Assists and provides input in the interpretation of new/changing securities rules, regulations, policies or laws; updates processes for compliance to rules and regulations as well as departmental procedures
• Compiles operational information for internal and external auditors (e.g. FINRA, SEC) with limited oversight
• Plans and executes remediation efforts for any identified issues with minimal guidance/support from Supervisor/Manager; assists the Manager or Senior Analyst in formalizing milestones needed in order to implement corrective action plans for any identified issues
• Assists Manager or Senior Analyst in the design, planning, and execution of testing strategies; under direct supervision, may lead the testing efforts of other analysts; communicate any issues to management that require immediate attention in a clear and concise manor; draft recommendations to mitigate risk
• Participates on projects
• Performs other duties and responsibilities as assigned

Knowledge of:

• Non-Financial Regulatory reporting requirements
• Financial market impacts
• Regulatory terminology, concepts, and guidance
• Back Office brokerage operations processes and procedures
• Trading life cycle (Orders, Executions, Allocations)
• FINRA, SEC and Exchange trading rules, regulations and laws

Skill in:

• Creating procedures and business process workflow documentation
• Evaluating processes/systems and identifying risks and controls;
• Recommending appropriate actions/revisions to resolve gaps or mitigate risk
• Microsoft Office (Excel, Access, PowerPoint) and other software applications
• Written and Verbal Communication
• Operating standard office equipment

Ability to:

• Proactively engage, collaborate and influence business partners in the adoption of identified opportunities to create or enhance a process
• Support efforts in the evaluation or implementation of an existing or new process
• Interpret financial/brokerage rules, regulations and security laws; ensure all industry rules, regulations, and the practice follows security laws that apply to a process
• Manage multiple tasks with potential interruptions and changing priorities
• Quickly understands complex subject matters
• Demonstrate critical thinking in a constantly changing environment

Education

High School (HS) (Required)

Work Experience

General Experience - 7 to 12 months

Certifications

OS
- Operations Professional
- Financial Industry Regulatory Authority (FINRA), Securities Industry Essentials Exam (SIE) - Financial Industry Regulatory Authority (FINRA)

Travel

Less than 25%

Workstyle

Hybrid

At Raymond James our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) to deliver on the firm's core values of client-first, integrity, independence and a conservative, long-term view. We expect 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…