At a Glance
- Tasks: Lead and grow a top-tier correspondent clearing platform in Canada.
- Company: Raymond James Ltd., a leading independent investment dealer in Canada.
- Benefits: Flexible work styles, competitive salary, health benefits, and tuition reimbursement.
- Other info: Join a people-first culture that values diversity and professional growth.
- Why this job: Make a significant impact in wealth management and lead a high-performing team.
- Qualifications: 15+ years in leadership roles within wealth management or financial services.
Raymond James Ltd. is Canada’s leading independent investment dealer offering high quality investment products and services to Canadians seeking customized solutions to their wealth management needs.
Raymond James Ltd. is seeking an accomplished and strategic executive to lead Raymond James Correspondent Services (RJCS), one of Canada's leading correspondent clearing and custody platforms. As Senior Vice President, Correspondent Services, you will be responsible for the overall leadership, growth, financial performance, regulatory oversight, client experience, and strategic direction of the business. Reporting to the Chief Operating Officer, you will lead a high-performing team while advancing the firm's position as a trusted provider of clearing, custody, and operational solutions for introducing brokers, portfolio managers, and institutional clients.
Responsibilities:
- Lead the overall strategy, performance, and growth of RJCS.
- Drive business development opportunities across introducing broker, portfolio manager, and select institutional channels.
- Build and maintain executive-level relationships with clients, regulators, and industry partners.
- Ensure compliance with all applicable regulatory, governance, and risk management requirements.
- Oversee operational excellence, service delivery, and innovation.
- Sponsor and support strategic initiatives, including technology modernization and business transformation programs.
- Lead, develop, and mentor a high-performing leadership team.
- Represent RJCS within Raymond James and across the Canadian wealth management industry.
What can you expect from us?
Our most important investment is in people. Upon eligibility, Raymond James Ltd offers flexible workstyles, a competitive compensation and benefits package.
Health Benefits:
- RRSP Matching Program
- Employee Stock Purchase Plan
- Paid Time Off
- Volunteer Days
- Discretionary Bonuses
- Tuition Reimbursement and many more!
What you bring:
- 15+ years of progressive leadership experience in wealth management, custody, correspondent clearing, capital markets, or related financial services sectors.
- Proven executive leadership experience with accountability for business growth, financial performance, and organizational leadership.
- Deep understanding of the Canadian investment dealer and wealth management landscape.
- Strong knowledge of relevant regulatory frameworks and operating within highly regulated environments.
- Demonstrated success leading strategic growth, change, and transformation initiatives.
- Exceptional relationship management, communication, and stakeholder engagement skills.
- Strong commercial, financial, and operational acumen.
- Undergraduate degree in Business, Finance, Economics, or a related discipline; advanced professional designations are an asset.
We encourage 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, and contribute to the continuous evolution of the firm.
Salary Range: $200,000 - 250,000 annually, complemented by rewarding short and long-term incentive programs. Actual compensation will be determined based on skills, experience, internal equity, and other job requirements.
At Raymond James – we honour, value, respect the uniqueness, experiences, and backgrounds of all of our Associates. The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs. To request accommodations, candidates are instructed to contact Human Resources via email at recruitment@raymondjames.ca.
Raymond James Ltd. is a member of the Investment Industry Regulatory Organization of Canada (IIROC) and of the Canadian Investor Protection Fund (CIPF). Customers’ accounts are protected by the Canadian Investor Protection Fund within specified limits.
SVP, Correspondent Services in Toronto employer: Raymond James Financial
Raymond James is an exceptional employer that prioritizes integrity and compliance while offering a flexible workstyle in a supportive environment. As a leader in the Compliance team, you will have ample opportunities for professional growth and collaboration with dedicated advisors, all within a reputable firm known for its commitment to fostering a proactive compliance culture. Join us to make a meaningful impact in trading compliance and enjoy the unique advantages of working in a dynamic and respected financial institution.
