What are the responsibilities and job description for the Institutional RIA Analyst position at Raymond James Financial, Inc.?
Job Description Summary
Under limited supervision, uses specialized knowledge and skills obtained through education and experience to support the marketing of fixed income securities, to Registered Investment Advisors and their clients via printed publication, electronic media and personal presentation. Daily responsibilities include maintaining operations of the unit, monitoring trade flow, supporting the portfolio specialists and analyzing department data.Job Description
Essential Duties and Responsibilities
- Track trade flow to ensure timely execution
- Work with traders and team members to identify specific securities consistent with investment objectives
- Support portfolio managers in delivering top service to RIA clients
- Conduct periodic portfolio reviews, including credit assessments to determine continued suitability of investment consistent with risk tolerance and portfolio objectives.
- Learn all facets of the operation to increase productivity and contribution abilities
- Performs other duties and responsibilities as assigned.
- Support the senior members of the team in all areas of the business as needed.
Knowledge, Skills, and Abilities
Knowledge of
- Company's working structure, policies, mission, and strategies.
- Working concepts, practices, and procedures of Fixed Income.
- Knowledge of bond market, trading practices, credit and bond trading systems.
- Fundamentals of fixed income portfolio management & credit analysis
- Financial markets and products.
- United States Economic Reporting & Central Bank Policy
Skill in
- Operating standard office equipment and using required software including email, graphics, presentation, spreadsheet, database and project management software including HTML and PDF document formatting. Various programing languages is a preferred.
- Strong working knowledge of bond ATS platforms, preferably Bond Desk, MuniCenter, Bloomberg
- Communicating technical concepts and ideas to non-technical audiences.
- Organizing and maintaining records, files and materials.
Ability to
- Communicate effectively both orally and in writing with individuals at all organizational levels.
- Organize, manage and track multiple projects with frequently changing priorities in a fast-paced work environment.
- Convey information clearly and effectively through both formal and informal documents.
- Read, interpret, analyze and apply information from industry data.
- Attention to detail while maintaining a big picture orientation.
- Interpret and apply policies and identify and recommend changes as appropriate.
- 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.
- Provide a high level of customer service.
Educational/Previous Experience Requirements
Education/Previous Experience
- Bachelor's degree and a minimum of two (2) years of fixed income experience in a trading or credit research function; municipal market experience is highly preferred.
- OR ~
- Any equivalent combination of education, training and/or experience approved by Human Resources.
Licenses/Certifications
- SIE required provided that an exemption or grandfathering cannot be applied.
- FINRA Series 7 license, Series 52 license
- A desire to pursue the CFA is encouraged
Travel Required: No
Education
Bachelor’s: Business Administration (Required), Bachelor’s: Economics (Required), Bachelor’s: Finance (Required), High School (HS)Work Experience
General Experience - 13 months to 3 yearsCertifications
Securities Industry Essentials Exam (SIE) - Financial Industry Regulatory Authority (FINRA)Travel
Less than 25%Workstyle
ResidentAt 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:
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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