Senior Advisor, Information Compliance Risk Management

Job Description Summary

Under general supervision, uses extensive knowledge and skills obtained through experience, specialized training and/or certification in securities and/or banking industry to manage data privacy risk. Works independently on difficult assignments that are broad in nature and that require originality and ingenuity with appreciable latitude for unreviewed actions or decisions. Provides comprehensive solutions to complex problems. Responsible for collaborating with peers and senior leaders to support the firm’s compliance programs for facilitating privacy impact assessments (PIAs) and managing data subject requests (DSRs). This includes but is not limited to serving as a privacy advisor to business teams, coordinating compliance functions, acting as a liaison between functional areas and leading large or multiple projects with significant scope and impact.

Job Description

Essential Duties and Responsibilities

• Executes (PIAs) on changes to business applications, systems, or products that involve the processing of personal information.

• Processes requests to exercise data subject rights for accessing, correcting, deleting, or restricting use of an individual’s personal information.

• Maintains industry knowledge of global privacy laws, company guidelines and policies, and industry best practices.

• Coaches and mentors less experienced Compliance associates.

• Directs adjustments to existing programs, policies and procedures, as required.

• Ensures that compliance activities are commensurate with the level of risk being mitigated.

• Provides escalated support and guidance to compliance efforts in assigned business entity. 

• Informs appropriate Senior Management about issues that may involve rule violations or potential liability.

• Assists Management to implement adequate controls and quality assurance processes to detect and address potential compliance problems.

• Researches compliance issues.

• Alerts Senior Management of current regulatory issues.

• Researches, interprets, and translates regulatory rules and regulations for Senior Management.

• Advises Senior Compliance Management on issues that involve possible rule violations and potential liability.

• Addresses sensitive compliance issues with Management.

• Participates in corporate policy discussions related to compliance.

• Reviews documentation related to compliance issues for validity and alignment with organizational policies.

• Prepares and delivers written and oral presentations to senior management.

• May coordinate and/or oversee responses to regulatory agency inquiries.

• Reports compliance program status and activities to compliance and business management personnel.

• Manages relevant external examinations, ensuring that requested information and reports are provided.

• Prepares and delivers written and oral presentations to Management.

• Performs other duties and responsibilities as assigned.

Knowledge, Skills, and Abilities

Knowledge of:

• Data privacy laws and regulations.

• Concepts, practices, and procedures of securities industry and/or banking compliance reviews.

• Rules and regulations of the Securities Exchange Commission (SEC); Financial Industry Regulatory Authority (FINRA); and state securities regulatory agencies; and/or Federal Deposit Insurance Corporation (FDIC); Office of the Comptroller of the Currency (OCC); Federal Financial Institutions Examination Council (FFIEC); Office of Thrift Supervision (OTS); Federal Reserve System; and state banking regulatory agencies.

• Fundamental investment concepts, practices and procedures used in the securities industry.

• Principles of banking and finance and securities industry operations.

• Financial markets and products.

• Privacy/GRC tools such as OneTrust and IBM Open Pages recommended.

Skill in:

• Overseeing compliance programs. 

• Integrating and aligning compliance processes and procedures with business processes.

• Coordinating complex compliance activities.

• Providing support and guidance for compliance efforts. 

• Identifying and implementing controls and quality assurance processes. 

• Reviewing materials for compliance with rules and regulations.

• Researching compliance issues.

• Developing compliance training programs.

• Gathering information and preparing oral and written reports.

• Preparing and delivers written and oral presentations. 

• Investigating relevant irregularities.

• Making rule-based and analytical decisions.

• Operating standard office equipment and using required software applications.

Ability to:

• Partner with other functional areas to accomplish objectives.

• Facilitate meetings, ensuring that all viewpoints, ideas, and problems are addressed.

• Attend to detail while maintaining a big picture orientation.

• Gather information, identify linkages and trends, and apply findings to assignments.

• Interpret and apply securities and/or banking regulations and identify and recommends policy and procedural 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.

• Use appropriate interpersonal styles and communicate effectively, both orally and writing, with all organizational levels.

• 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.

• Maintain confidentiality.

• Maintain currency in securities and/or banking industry rules and regulations and best practices in compliance.

Educational/Previous Experience Requirements

• Bachelor’s degree (B.A. /B.S.)  and a minimum of three (3) years of experience in Compliance and/or the financial services industry preferred.

~or~

• Any equivalent combination of experience, education, and/or training approved by Human Resources.

Licenses/Certifications

• None Required.

• CIPP/US or equivalent data privacy subject matter certification preferred

• Additional licenses/certifications demonstrating the candidate’s knowledge/expertise in industry regulation and concepts preferred.

Education

Work Experience

Certifications

Other License Not Listed - Other

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 ownership and hold themselves and others accountable for delivering results that matter
•  Contribute to the continuous evolution of the firm

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. 

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