Market Supervision Manager
4 weeks ago
Merrill Wealth Management is a leading provider of comprehensive wealth management and investment products and services for individuals, companies, and institutions.
We believe trust comes from transparency. Our trusted advisory teams are equipped with access to the investment insights of Merrill coupled with the banking convenience of Bank of America.
At Merrill, we empower you to bring your whole self to work. We value diversity in our thoughts, business, and within our employees and clients.
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.
- 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.
- Series 3, 31 licenses, if warranted.
- 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.
- 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.
- Strong analytical skills with ability to identify trends, root cause and effects, and implement improved processes to mitigate risk.
This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.
This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.
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