Market Supervision Manager

1 week ago


Los Angeles, California, United States Bank of America Full time
Job Description:

Merrill Wealth Management is a leading provider of comprehensive wealth management and investment products and services for individuals, companies, and institutions. Our trusted advisory teams are equipped with access to the investment insights of Merrill coupled with the banking convenience of Bank of America.

We believe trust comes from transparency. Our Wealth Management team represents an array of different backgrounds and bring their unique perspectives, ideas and experiences, helping to create a work community that is culture driven, resilient, results focused and effective.

Key Responsibilities:
  • Support business objectives and contribute to market profitability by influencing Financial Advisor business practices to minimize regulatory, financial, and reputational risks.
  • Work independently or with minimal guidance, while keeping the Market Executive and Division Supervision Executive informed on significant matters.
  • Ensure Financial Advisors are properly licensed; respond to regulatory inquiries and resolve client concerns or complaints.
Requirements:
  • Currently hold SIE, Series 7 AND Series 66 (or Series 63 AND Series 65), Series 9 AND Series 10 (or Series 8) or equivalent licenses.
  • Minimum of 5+ years professional experience.
  • Proven 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 products.
Preferred Qualifications:
  • Ability to speak in terms of client needs and concerns, and coach Financial Advisors on aligning solutions to goals in a suitable and controlled way.
  • A deep appreciation and understanding of our client centric strategy.
  • Strong interpersonal skills to provide coaching to Financial Advisors to mitigate risk through segmentation, disciplined investment practices, and documentation.


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