Market Supervision Manager

3 weeks ago


Northbrook, Illinois, United States Bank of America Full time

Job Description:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being. Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us

Job Description:
This job is responsible for a wide variety of delegated compliance, administrative, and business functions to support the Merrill Wealth Management Market Executives (MEs) overall managerial and supervisory responsibilities. Key responsibilities include supporting business objectives and contributing to market profitability by influencing Financial Advisor business practices to minimize regulatory, financial, and reputational risks. Job expectations include working independently or with minimal guidance, while keeping the ME and Division Supervision Executive informed on significant matters.

Responsibilities:

Performs, monitors, and demonstrates adherence to internal and external standards, policies, laws, rules, and regulations related to client advice and recommendations, sales practice activities, and conduct of market personnelManages day-to-day Financial Advisor (FA) business needs, while ensuring adherence to the bank's compliance policies and proceduresCoaches FAs, Client Associates (CAs), and other market personnel to drive adherence of policies and procedures related to the sales practice conductPartners with FAs, CAs, and other market personnel to manage risk of business growth initiatives, ensuring alignment with the bank's enterprise risk appetiteRequired Qualifications:Currently hold SIE, Series 7 AND Series 66 (or Series 63 AND Series 65), Series 9 AND Series 10 (or Series 8) or equivalent licensesSeries 3, 31 licenses, if warrantedMinimum of 5+ years professional experienceProven ability to manage risk, make sound decisions by having a deep understanding of industry regulations, supervisory requirements, policies/procedures, wealth management concepts, and financial services productsDesired Qualifications:Bachelor's degree or equivalent work experienceMarket Supervision Manager experience, or completion of Merrill's Office Management Team Associate Development Program Additional Skills Used:Decision MakingInfluenceNegotiationProblem SolvingRisk ManagementAdaptabilityBusiness AcumenCollaborationOral CommunicationsRelationship BuildingBusiness Operations ManagementClient Solutions AdvisoryPlanningTalent DevelopmentWritten CommunicationsShift:1st shift (United States of America)Hours Per Week: 40

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