Merrill Private Wealth Compliance Manager

2 weeks ago

Los Angeles, California, United States Bank of America Full time

Position Overview:

Merrill Wealth Management stands as a premier provider of extensive wealth management and investment solutions tailored for individuals, corporations, and institutions. As one of the largest entities in this sector globally, Merrill specializes in goal-oriented wealth management, encompassing planning for retirement, education, legacy, and various life aspirations through expert investment guidance.

The Financial Advisors and Wealth Management Client Associates at Merrill are dedicated to assisting clients in realizing their envisioned lives through a personalized partnership with their advisory teams, which are deeply committed to understanding and addressing client needs. We uphold that trust is built on transparency. Our esteemed advisory teams leverage the investment expertise of Merrill, complemented by the banking facilities of Bank of America.

At Merrill, we encourage you to express your authentic self at work. We cherish diversity in our perspectives, business practices, and within our workforce and clientele. Our Wealth Management division showcases a rich tapestry of backgrounds, contributing unique insights, ideas, and experiences that foster a workplace culture characterized by resilience, effectiveness, and a focus on results.

Key Responsibilities:

The Private Wealth Supervision Manager (PWSM) operates under the direction of the Merrill Private Wealth Business Segment Supervision Executive (BSSE) and has a dual reporting line to the Merrill Private Wealth Management Regional Managing Director (RMD).

The PWSM plays a vital role as a member of the market leadership team, overseeing a diverse range of delegated compliance, administrative, and operational tasks pertinent to the MPWM RMD's comprehensive managerial duties for both parent and associate offices. This role requires independent functioning with minimal oversight while ensuring that the PWM RMD is kept informed of significant developments and determining when direct involvement from the PWM RMD is necessary. The PWSM actively supports the organization’s business goals and enhances market profitability by guiding Private Wealth Advisor practices to mitigate regulatory, financial, and reputational risks.

Essential Qualifications:

  • The ideal candidate is a proactive, client-focused professional possessing:
  • Required Licenses: Series 7, 66, 9, 10 (or equivalent)
  • Series 3, 31 licenses, as applicable
  • A proven track record in risk management, with the ability to make informed decisions grounded in a thorough understanding of industry regulations, supervisory mandates, policies/procedures, wealth management principles, and financial products
  • Capability to articulate client needs and concerns, coaching Private Wealth Advisors on aligning solutions with client goals in a suitable and controlled manner
  • A profound appreciation for our client-centric approach
  • Strong interpersonal skills to mentor Private Wealth Advisors in risk mitigation through effective segmentation, disciplined investment practices, and thorough documentation
  • Robust analytical abilities to discern trends, identify root causes and impacts, and implement enhanced processes to reduce risk
  • Demonstrated leadership qualities through effective communication and collaboration, making sound decisions with confidence and integrity
  • Excellent time management and organizational skills, with the ability to prioritize tasks effectively
  • If currently an internal associate, completion of the Associate Office Management Team Development program and/or experience as a Merrill Lynch Market Supervision Manager is highly preferred

Preferred Qualifications:

  • Bachelor's degree or equivalent professional experience

Core Competencies:

  • Decision Making
  • Influence
  • Negotiation
  • Problem Solving
  • Risk Management
  • Adaptability
  • Business Acumen
  • Collaboration
  • Oral Communication
  • Relationship Building
  • Business Operations Management
  • Client Solutions Advisory
  • Strategic Planning
  • Talent Development
  • Written Communication

Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent

Shift: 1st shift (United States of America)

Hours Per Week: 40

  • Merrill Private Wealth Compliance Manager

    2 weeks ago

    Los Angeles, California, United States Bank of America Full time

    Position Overview:Merrill Wealth Management stands as a premier provider of extensive wealth management and investment solutions tailored for individuals, corporations, and institutions. Renowned globally, Merrill specializes in a goals-oriented approach to wealth management, focusing on planning for retirement, education, legacy, and various life...

  • Private Wealth Manager

    1 week ago

    Los Angeles, California, United States Deutsche Bank Full time

    About the RoleWe are seeking a highly motivated and experienced Private Banker to join our team at Deutsche Bank. As a Private Banker, you will be responsible for developing and managing client relationships, identifying new business opportunities, and providing comprehensive wealth management solutions to high net worth individuals.Key ResponsibilitiesNew...

  • Private Wealth Manager

    1 week ago

    Los Angeles, California, United States Deutsche Bank Full time

    About the RoleWe are seeking a highly motivated and experienced Private Banker to join our team at Deutsche Bank. As a Private Banker, you will be responsible for developing and managing client relationships, identifying new business opportunities, and providing comprehensive wealth management solutions to high net worth individuals.Key...

  • Private Wealth Manager

    3 days ago

    Los Angeles, California, United States Deutsche Bank Full time

    Job Title: Private BankerCorporate Title: Director - Managing DirectorOverview:As a Private Banker at Deutsche Bank, you will be responsible for developing, managing, and retaining client relationships. Your primary focus will be on growth, increasing 'wallet share' through cross-selling and attracting new clients. You will identify sales initiatives based...

  • Private Wealth Manager

    16 hours ago

    Los Angeles, California, United States Capital Group Full time

    About the RoleAs a Private Wealth Manager at Capital Group, you will work directly with high-net-worth individuals and high-complexity families to create customized and comprehensive wealth management plans for protecting and growing their wealth across generations. You will help nonprofit foundations and endowments realize their long-term financial...

  • Private Wealth Management Director

    3 days ago

    Los Angeles, California, United States BMO Financial Group Full time

    Job SummaryWe are seeking a highly skilled and experienced Private Wealth Management Director to join our team at BMO Financial Group. As a key member of our organization, you will be responsible for providing exceptional client service and developing strategic relationships with high net worth individuals and families.Key ResponsibilitiesClient Relationship...

  • Private Wealth Associate

    3 days ago

    Los Angeles, California, United States Harrison Gray Search & Consulting Full time

    Job OverviewHarrison Gray Search & Consulting is partnering with a premier investment management firm to find their next Private Wealth Associate in Los Angeles.This is an exciting opportunity to join a dynamic team and contribute to the growth of the Private Wealth Management Platform.Key ResponsibilitiesCollaborate with senior professionals to fuel career...

  • Private Wealth Management Professional

    5 days ago

    Los Angeles, California, United States Harrison Gray Search and Consulting LLC Full time

    About the RoleHarrison Gray Search and Consulting LLC has partnered with a premier investment management firm seeking a skilled Private Wealth Associate in a dynamic Los Angeles environment.Key ResponsibilitiesCollaborate with senior professionals to drive career success and fuel business growth.Partner with Financial Advisors to build their business and...

  • Wealth Management Advisor

    2 weeks ago

    Los Angeles, California, United States EFC Wealth Management Firm,LLC Full time

    Join Our Team as a Financial Advisor at EFC Wealth Management FirmAbout Us:EFC Wealth Management Firm, LLC is a prominent Registered Investment Advisor committed to the principles of integrity, dedication, and the continuous enhancement of our clients' financial well-being.Our Senior Advisor, who brings 27 years of extensive industry expertise, is seeking...

  • Wealth Management Advisor

    2 weeks ago

    Los Angeles, California, United States Deutsche Bank Full time

    Job Overview: Position: Private Banker Corporate Level: Director - Managing Director Location: Multiple Locations Role Summary The Private Banker is tasked with developing, managing, and nurturing client relationships. This role is pivotal in acquiring assets by enhancing existing client connections and fostering new relationships for the Bank. The emphasis...

  • Wealth Management Advisor

    2 weeks ago

    Los Angeles, California, United States Deutsche Bank Full time

    Job Overview:Position: Private Banker Corporate Title: Director - Managing Director Location: Various Locations Role SummaryPrivate Bankers are tasked with cultivating, managing, and preserving client relationships. They play a pivotal role in asset acquisition by enhancing existing client connections and forging new partnerships for the Bank. The primary...

  • Wealth Management Advisor

    2 weeks ago

    Los Angeles, California, United States Deutsche Bank Full time

    Job Overview:Position: Private Banker Corporate Title: Director - Managing Director Location: San Francisco, CA & Los Angeles, CA Role SummaryPrivate Bankers are tasked with cultivating, managing, and sustaining client relationships. Their primary responsibility is to drive asset acquisition by enhancing existing client connections and fostering new...

  • Senior Wealth Management Consultant

    2 weeks ago

    Los Angeles, California, United States Capital Group Full time

    "I can thrive as a Senior Wealth Management Consultant at Capital Group."As one of the premier firms in the wealth management sector, Capital Group Private Client Services is strategically expanding its team of wealth management consultants nationwide. In this role, you will engage directly with affluent individuals and families to develop tailored...

  • Administrative Assistant III

    1 month 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. Merrill Wealth Management is one of the largest businesses of its kind in the world specializing in goals-based wealth management, including planning for retirement, education,...

  • Experienced Wealth Management Consultant

    2 weeks ago

    Los Angeles, California, United States Farther LLC Full time

    Company OverviewFarther LLC is an innovative Registered Investment Advisor (RIA) that merges seasoned financial experts with advanced technology to provide a customized wealth management experience.Founded by pioneers in the private wealth sector, our leadership team combines extensive knowledge in traditional wealth management, fintech, and technology...

  • Wealth Channel Director

    5 days ago

    Los Angeles, California, United States TIAA Full time

    Job SummaryThe Business Development Manager directs the sales and distribution efforts for Alternative Investments products across wealth channels in a specific geographic region. This role manages large projects and processes to maintain relationships with both current and prospective clients and to ensure the organization's offerings are well-positioned...

  • Wealth Management Consultant

    2 weeks ago

    Los Angeles, California, United States Capital Group Full time

    As a Wealth Management Consultant, you will engage directly with affluent individuals and complex families to develop tailored and comprehensive financial strategies aimed at safeguarding and enhancing their wealth across generations. Assist nonprofit organizations and endowments in achieving their long-term financial goals through strategic planning and...

  • Wealth Management Team Leader

    2 weeks ago

    Los Angeles, California, United States Regal Executive Search Full time

    Position OverviewWe are seeking a skilled Manager in Wealth Management to assist Directors in managing Family Office client service teams. This role will evolve to include leading an expanding portfolio of client relationships and overseeing daily client engagement activities.Key Responsibilities- Oversee daily operations of client engagements as part of a...

  • Wealth Management Team Leader

    2 weeks ago

    Los Angeles, California, United States Regal Executive Search Full time

    Position OverviewWe are seeking a skilled Wealth Management Team Leader to assist Directors in managing Family Office client service teams and gradually take on a larger role in client relationship management. This role involves overseeing daily client engagement activities and requires individuals who are proactive, collaborative, and capable of...

  • Junior Wealth Management Consultant

    2 weeks ago

    Los Angeles, California, United States Claire Myers Consulting Full time

    Compensation: $80,000-90,000 base salary with a 20% annual bonus.Claire Myers Consulting is a specialized Wealth Management Advisory firm dedicated to crafting tailored financial strategies and guiding clients through their financial journeys while ensuring they enjoy meaningful experiences along the way.We are currently looking for a Senior Financial...