Job Description
Job Summary
Under executive direction with a high level of autonomy, uses extensive knowledge and skills obtained through education and experience, to develop and execute comprehensive investment strategies that align with the trust company’s goals, overseeing the management of client trust portfolios, conducting thorough market research, managing risk, and leading a team of investment professionals that work closely with advisors, all while adhering to strict regulatory and compliance fiduciary standards. Leads large and/or multiple projects with significant scope and impact. Works independently on difficult assignments that are broad in nature requiring originality and ingenuity with appreciable latitude for unreviewed actions or decisions. Provides comprehensive solutions to complex problems. Results are evaluated at agreed upon milestones for effectiveness in achieving specified results. Extensive contact with internal and external customers is required to identify research, analyze and resolve complex issues.
Essential Duties And Responsibilities
Strategy, Compliance and Risk Management
- Create and implement an attractive trust investment platform that allows advisors to maintain deep and meaningful relationships with clients while providing sound fiduciary investment management and oversight that adheres to fiduciary asset management standards
- Ensure adherence to all applicable regulatory requirements and fiduciary standards
- Review, update and maintain investment policies and procedures as necessary to align to the risk profile and risk tolerance of the trust company
- Establish and maintain robust risk management frameworks to mitigate potential investment risks within client portfolios
- Partner closely with Compliance and Internal Audit to identify and remediate opportunities for improvement
- Participate and or lead our investment committees at both trust entities
- Stay informed about changes in federal and state regulations and industry best practices
Team Leadership and Partnerships
- Recruit, lead and mentor a team of investment professionals that embrace the firms core values and collaborate with advisor and their clients
- Foster a culture of continuous improvement within the investment team
- Build and maintain strong relationships with other senior RJT leaders to ensure seamless fiduciary administrative and investment management services to trust clients
- Work closely with the Private Client Group leaders to ensure we are delivering on the expectations of our advisors and implement new and innovative strategies to address current challenges or obstacles
- Effectively communicate and collaborate with regulators on all exams and notable issues and recommendations
- Foster a culture of excellence, collaboration and continuous improvement
- Work closely with the Asset Management Group at RJ to ensure we are leveraging all of the firms’ resources to better serve our clients and advisors, this includes the frequent review of product trends and offerings that may be suitable for the trust investment platform as well as research and other due diligence resources available to the trust company
- Represent RJTNA and RJTCNH on firm wide investment initiatives
Knowledge, Skills, And Abilities
Knowledge of
- Extensive experience in investment management, particularly within the trust company environment.
- Deep understanding of financial markets, investment strategies, and economic trends.
- Strong analytical and problem-solving skills to evaluate investment opportunities and manage risk.
- Excellent communication and presentation skills to effectively convey complex investment concepts to clients and advisors
- Proven leadership abilities to manage and motivate an investment team.
- CFA Charterholder or equivalent professional designation preferred.
Skill in
- Exercising analytical and forward thinking with a demonstrated track record of successfully developing and implementing strategic plans calling for substantial growth.
- Demonstrating excellent interpersonal and leadership skills to provide a high level of customer service.
- Cultivating and maintaining effective working relationships at all levels of the organization.
- Providing excellent sales and marketing/presentations.
- Outstanding oral and written communications.
- Demonstrating uncompromising adherence to ethical principles.
- Operating standard office equipment and using required software application to produce correspondence, reports, electronic communication, and spreadsheets.
- Identifying trends and determining impact on assigned functional area.
Ability to
- Coach and mentor a high performing investment teams
- Foster a cooperative work environment and partner with other functional areas to accomplish objectives.
- Incite enthusiasm and influence, motivate and persuade others to achieve desired outcomes.
- Balance conflicting resource and priority demands.
- Partner with other functional areas to accomplish objectives.
- Plan, assign, monitor, review, evaluate and lead the work of others.
- Organize, manage and track multiple detailed tasks and assignments with frequently changing priorities and deadlines in a fast-paced work environment with frequent interruptions.
- Attend to detail while maintaining a big picture orientation.
- Identify required tasks, develop timelines and execute.
- Facilitate meetings, ensuring that all viewpoints, ideas and problems are addressed.
Education/Previous Experience
- Bachelor’s Degree from four year college or university with a minimum of fifteen (10) years of experience in financial services with relevant fiduciary investments background. At least five (5) years of leadership experience.
- ~or~
- Any equivalent combination of experience, education, and/or training approved by Human Resources.
Licenses/Certifications
Disclaimer
Raymond James Trust is an EOE/AA and VEVRAA Federal Contractor
Priority will be given to protected veterans
EOE/AA: Female/Minorities/Disabled/Protected Veterans/LGBT
Education
Bachelor’s: Accounting, Bachelor’s: Business Administration, Bachelor’s: Finance
Work Experience
General Experience - More than 15 years
Certifications
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.
