Job Description Summary
Under limited direction from a senior level manager, uses specialized knowledge and skills obtained through experience, specialized training and/or certification to manage prudent investment of fiduciary and other discretionary assets held in Trust accounts while working in concert with Financial Advisors. Leads defined work/projects of moderate scope and complexity.
Job Description
Essential Duties and Responsibilities:
- Performs initial review of assets, and works with financial advisor in determining the proper asset allocation/investment objective, security type, and selection of investments. Performs annual reviews for trust accounts.
- During annual review, identifies accounts that need action per investment policies. Works with financial advisor to resolve these matters.
- Attends client and Financial Advisor meetings to discuss investment of trust accounts as needed
- Attends and presents at monthly Trust Investment Committee meeting.
- Ensures portfolios are compliant with company policies and procedures.
- Review and if prudent, approve portfolio adjustments as suggested by the financial advisor.
- Manages projects through the lifecycle including planning, assigning, scheduling, monitoring and reviewing project activities, as well as evaluating individual performance upon project completion.
- Trains associates on the team to ensure consistency, accuracy and completion of projects.
- Performs other duties and responsibilities as assigned.
Knowledge of:
- Investment concepts, practices, and practices used in the securities industry.
- Financial markets and products.
- Principles of estate planning, trusts and securities industry operations.
- Various security types.
- Investment management concepts as they pertain to trust accounts.
Skill in:
- Preparing and delivering written and oral presentations.
- Gathering and compiling information and data.
- Operating standard office equipment and using required software application to produce correspondence, reports, electronic communication, and spreadsheets.
Ability to:
- Attend to detail while maintaining a big picture orientation.
- Interpret and apply policies and identify and recommend changes as appropriate.
- Organize, manage and track multiple detailed tasks and assignments with frequently changing priorities in a fast-paced work environment.
- Work independently as well as collaboratively within a team environment.
- Establish and maintain effective working relationships, at all levels of the organization, including negotiating resources.
- Project a positive, professional image both internal and with external business contacts.
- Convey information clearly and effectively through both formal and informal documents.
Educational/Previous Experience Requirements:
- Bachelor’s Degree (B.A.) in Finance, Business, Accounting or a related discipline and a minimum of three (3) to five (5) years of experience in Investments.
- ~or~
- Any equivalent combination of experience, education, and/or training approved by Human Resources.
Licenses/Certifications:
- Series 7 and 63 Preferred.
Education
Bachelor’s: Business Administration, Bachelor’s: Finance
Work Experience
General Experience – 7 to 12 months, Manager Experience – 0 to 3 months
Certifications
Securities Industry Essentials Exam (SIE) – Financial Industry Regulatory Authority (FINRA)
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.
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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