View
218
Download
4
Embed Size (px)
Citation preview
Raymond James Commission Processing
Created By Jay Lanstein
Thomas HobsonNicholas Wong
Background Information
Founded in 1962 2200 locations On the New York Stock Exchange
(RJF) Financial services
What is it?
Online Commission Tasks Everything done online
Financial assistant Representatives Commissions Handling Payouts Trade Modifying Trade History Repots
Adding Reps Only IT department can add Reps
Rep number Rep title
Reps need an I&E account Boss = system
Net Overrides
Override Gross System Commission
Branch manager is paid %paid I&E account Rep’s Name
Net allocation
Multiple Reps Up to 4 allocations Must be total to 100% Similar to Net Overrides inputs
Rep Modifying pt1
Deleting Reps manually Drop down menu
Rep Modifying pt2
Modify Payout/Ticket Charge Information for rep Edit payout Edit Ticket
Edit Ticket
Rules 1 or 2 sets the charge
Charge 1 applies to Tier 1 “ “
Charge type Mini/Max or %
Yes button, allows forced overrides.
Bulk Charges
Similar to Ticket Charging Convenience Set for all the same ticket
Monthly Process
The RJ head sends a spreadsheet Browse and Upload Excel Spreadsheet
Making Changes Trade and expense changes
-update files and upload again
Commissions
Error protection on – first time Error protection off – re-uploading/
applying changes
Viewing Trades
Viewing commissions of: Single rep Multiple reps
Generate reports Sorting Filtering
Generating Rep Summaries and Entry Blotters
Choose months for the production date Comes in two formats
Excel sheet for rep summary Web page for blotter
Rep. Restrictions
Sometimes the rep is not allowed to view their production
There is an option to allow them to see it Restricted because they are under
investigation
Security
When the report is not completed, the reps get an e-mail telling them this
There are drop down boxes allowing them to see only their rep number If branch manager, they will be able to see their
clients rep # also Superusers have a box that allows them to
type in the rep #, not a drop down arrow
Sponsorship
Raymond James Stadium “Kicking for Kids”
THANKS FOR BEARING WITH US