Cost Basis Associate

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The Cost Basis Associate applies specialized expertise in the securities industry to manage and maintain accurate cost basis, gain/loss, and corporate action data. Utilizing the Cost Basis Reporting System and other approved Raymond James platforms, the associate delivers high-quality service to both clients and internal departments through precise, timely, and consistent support. Key responsibilities include data entry, daily report review, and the investigation and resolution of discrepancies.

This role requires frequent and collaborative interaction with colleagues, cross‑functional departments, and branch associates.

This position follows our hybrid‑friendly schedule: 3 in‑office days per week, averaging 12 days per month, in one of the following locations:
St. Petersburg, FL or Memphis, TN. Full‑time onsite work is required for the first 90 days. Must live within commutable distance from our home office.

• Inputs and maintains data on a Cost Basis Reporting system.
• Acts as a team member for issues and projects requiring moderate research and analysis.
• Contributes feedback to the overall improvement of Cost Basis Reporting's processes and internal systems, and assists in implementing corrective actions and solutions as necessary.
• Conducts data entry into company systems, reviews and verifies the information to ensure accuracy and accessibility.
• Carries out operational tasks by following established processes, which may involve adjusting basic settings or parameters in order to meet performance standards.
• Uses standard office software to carry out basic formatting of letters, memoranda, and routine reports.
• Maintains files and records.
• Ensures a positive experience for internal clients by having courteous interactions with them.
• Assesses compliance with established standards and protocols for routine inquiries.
• Supports others by carrying out basic data management tasks.
• Follows a range of mandatory procedures to ensure that work is carried out to the required quality standards and/or to ensure adherence to external regulatory codes and internal codes of conduct.
• Develops and maintains excellent procedural or technical skills by participating in assessment and development planning activities as well as formal and informal training and coaching.

• Financial markets and products.
• Fundamental concepts of calculating capital gains and losses.
• Fundamental investment concepts, practices and procedures used in the securities industry.

• Supports business processes with guidance but not constant supervision by understanding and effectively using standard office equipment and standard software packages.
• Uses clear and effective verbal communication skills under supervision to express ideas, request actions and formulate plans or policies.
• Works with guidance (but not constant supervision) to plan, organize, prioritize and oversee activities to efficiently meet business objectives.
• Works with guidance (but not constant supervision) to develop appropriate plans or perform necessary actions based on recommendations and requirements.
• Works under guidance (but not constant supervision) to analyze data trends for use in reports to help guide decision making.
• Uses an understanding of numerical concepts to perform mathematical operations such as report analysis under supervision.
• Works with guidance (but not constant supervision) to develop, monitor, interpret and understand policies and procedures while ensuring they align with organizational strategies and objectives.
• Works under supervision to select, deploy and get the best results from the most appropriate office system.

Bachelor’s:
Accounting, Bachelor’s:
Business Administration, Bachelor’s:
Finance, High School (HS) (Required)

General Experience – 4 to 6 months

Less than 25%

Hybrid

• 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

The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs.