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.

Department Overview

The AML Client Intelligence Unit (CIU) is a team who prioritizes protecting our clients, financial advisors, and our firm from money laundering, fraud, and other financial crimes. The team is responsible for ensuring the firm is complying with Anti-Money Laundering rules and regulations, specifically as it relates to ensure we know our clients. The team’s primary functions are Client Intelligence Program (CIP) – All clients; Screening (aka Customer Due Diligence); and Enhanced Due Diligence (EDD) – Only high-risk clients. The CIU Department works to ensure the firm remains in compliance with the Bank Secrecy Act, USA PATRIOT Act, and other applicable AML laws and regulations.

Summer Associate Job Summary

Under general supervision, the Summer Associate uses skills gained through training and experience to assist with specific projects and cases within the AML Client Intelligence Unit (CIU). Follows established procedures to perform tasks and receives general guidance and direction to perform other work with substantial variety and varied complexity. Some judgment is required to adapt procedures, processes, and techniques to apply to more complex cases. Resolves routine questions and problems,and refers more complex issues to a higher level.

AML CIU functions include: Client Screening (Customer Due Diligence), Client Identification Program (CIP), Enhance Due Diligence (EDD) for high-risk customers, and Governance.

This is a temporary role.

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

Start Date: Summer 2025

Duties and Responsibilities

• Conduct in-depth reviews of new or existing clients which is required by the Bank Secrecy Act, USA PATRIOT Act, and other applicable AML laws and regulations to identify any associated adverse media or political exposures.

• Conduct AdHoc reviews on potential future clients.

• Verify client information on newly opened accounts for individual or entity clients (like name, address, date of birth, & tax ID) with the Client Intelligence Program (CIP) Team

• Shadow the Enhanced Due Diligence (EDD) Team to better understand high-risk client reviews & processes.

• Present to Leadership to showcase the knowledge gained through the Summer Internship Program.

• Specified projects and varied assignments relating to the various teams (Screening, CIP, or EDD).

• Operates standard office equipment and uses required software applications.

• Performs other duties and responsibilities as assigned.

Qualifications

Knowledge, Skills, and Abilities

Knowledge of

• USA Patriot Act (Basic fundamental knowledge of the purpose and overview of what it entails)

• Microsoft Office Products – i.e. Microsoft Excel

• Fundamental concepts, practices, and procedures of a professional office environment.

Skill in

• Utilizing various internal and external resources for in-depth research.

• Gathering information and preparing written reports on the findings.

• Preparing written or oral presentations.

• Analyzing data and situations

• Prioritization and organization

• Operating standard office equipment and using, or having the ability to learn, required software applications.

• Ability to work effectively as part of a virtual/hybrid team.

Ability to

• Analyze large amounts of information and create a summary using only the relevant information for a case.

• Have strong attention to detail while maintaining a big picture orientation.

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

• Organize and prioritize multiple tasks and meet deadlines.

• Communicate effectively, both orally and in writing.

• Work independently and collaboratively within a team environment.

• Provide a high level of customer service.

• Establish and maintain effective working relationships.

Educational/Previous Experience Requirements

Education/Previous Experience

• Currently pursingbachelors degree inCriminal Investigations majors as well as Finance, Business, or other related College of Business majors graduating in Dec 2026 or May 2027. 

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

Licenses/Certifications

• None required.

Location

Hybrid position – St. Petersburg office

• No travelrequired.

#wayup

Job: Auditing & Compliance

Primary Location: US-FL-St. Petersburg-Saint Petersburg

Organization Anti-Money Laundering & Financial Crimes

Schedule Full-time

Job Shift Day Job

Req ID: 2402947