2024 Summer Internship- Oversight and Control (St. Petersburg, FL)

Description

Raymond James Overview 

One of the largest independent financial services firms in the country could be the place you build a career beyond your expectations.  

Our focus is on providing trusted advice and tailored, sophisticated strategies for individuals and institutions. Raymond James Financial is a diversified holding company, headquartered in St. Petersburg, FL. Raymond James provides financial services to individuals, corporations and municipalities through its subsidiary companies engaged primarily in investment and financial planning, in addition to capital markets and asset management.  

At Raymond James, we are putting the power of perspectives into action and building an inclusive and diverse workforce that reflects our commitment to associates, and clients of the future. Our company values associate development and growth, offering opportunities through developmental programs, mentorships, and continuing education options.  

We strive to ensure everyone feels welcomed, valued, respected and heard so that you can fully contribute your unique talents for the benefit of clients, your career, our firm and our communities. Raymond James is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs.  

Internship Program Overview  

Raymond James is the place where good people grow and nowhere is that better demonstrated than in our internship program. During the 9 - 10-week immersive experience, you will engage with and implement the firm’s core values through our five guiding behaviors. Featuring a comprehensive orientation, onsite and remote training sessions in professional development, networking events, a speaker series, and volunteer opportunities, you will be equipped with knowledge of the business and culture to help you build relationships and develop skillsets for the internship and your future.   

To be eligible for the summer 2024 internship program, you must be a junior standing candidate pursuing a bachelor's degree with a graduate date of May 2025. Most positions are based in St. Petersburg with other available locations depending on company need.  

Candidates who successfully complete the internship program have the opportunity to transition into a full-time role at Raymond James after graduation. 

Department Overview: 

Raymond James Oversight & Control (O&C) represents the first line of risk management for Raymond James Bank.  O&C supports various departments to ensure adherence to all rules, regulations, policies and standards that govern the firm and the securities industry. 

Job Summary: 

Under limited supervision, uses knowledge and skills obtained through experience, specialized training and/or certification in the financial services industry to ensure that business operations are conducted in a manner that sufficiently mitigates material risks to RJ Bank. The position is part of the RJ Bank Oversight & Control (O&C) Department which functions as the first line of defense for RJ Bank.  

Primary responsibilities include performing first line testing and monitoring of various first line business unit key controls, supporting management during internal audits and regulatory exams, and partnering with key internal stakeholders to ensure deficiencies in the control framework are appropriately addressed. The position also requires strong analytical, communication, and critical thinking skills with the ability to work collaboratively across multiple departments to identify creative solutions to complex problems.  

Internship Length: 9 weeks   

Start Date: May 28, 2024   

End Date: August 2, 2024   

Work Schedule: Monday through Friday, up to 40 hours per week   

Essential Duties and Responsibilities: 

Conducts first line testing/monitoring to assess the effectiveness of controls to mitigate risks across various risk stripes including regulatory compliance, legal, operational, credit, and reputational risks.    

Assists in researching self-identified issues.   

Making rule-based and analytical decisions.   

Operates standard office equipment and uses required software applications. 

Performs other duties and responsibilities as assigned. 

Qualifications

Knowledge, Skills, and Abilities:

Knowledge of:

• Fundamental concepts, practices and procedures of a professional office environment.
• Basic concepts, principles and practices of an assigned business unit.

Skill in:

• Preparing and delivering written and oral presentations.    
• Researching issues.  
• Gathering information and preparing oral and written reports.  
• Operating standard office equipment and using, or have the ability to learn, required software applications.  

Ability to:

• Attend to detail while maintaining a big picture orientation.  
• Gather information, identify linkages and trends, and apply findings to assignments.  
• 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. 
• Organize and prioritize multiple tasks and meet deadlines. 
• Communicate effectively, both orally and in writing.
• Work independently as well as collaboratively within a team environment.
• Provide a high level of customer service.
• Establish and maintain effective working relationships.

Educational/Previous Experience Requirements:

Open to Finance, Accounting, Economics, Business, or any other related College of Business major.    

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

Licenses/Certifications:

• None Required.

Location: 

Hybrid position – St. Petersburg office  

No travel required. 

Raymond James Guiding Behaviors  

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.