Market Supervision Manager - Bloomfield Hills

Merrill Corporation • Bloomfield Hills, MI

450d

About The Position

This position at Bank of America is focused on supporting the Merrill Wealth Management Market Executives (MEs) in their managerial and supervisory responsibilities. The role involves a variety of compliance, administrative, and business functions aimed at minimizing regulatory, financial, and reputational risks while contributing to market profitability. The individual will work independently or with minimal guidance, ensuring adherence to internal and external standards and keeping the ME and Division Supervision Executive informed on significant matters.

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.
• 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.

Nice To Haves

• Bachelor's degree or equivalent work experience.
• Market Supervision Manager experience, or completion of Merrill's Office Management Team Associate Development Program.

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 personnel.
• Manages day-to-day Financial Advisor (FA) business needs, while ensuring adherence to the bank's compliance policies and procedures.
• Coaches FAs, Client Associates (CAs), and other market personnel to drive adherence of policies and procedures related to the sales practice conduct.
• Partners with FAs, CAs, and other market personnel to manage risk of business growth initiatives, ensuring alignment with the bank's enterprise risk appetite.

Benefits

• Competitive benefits to support physical, emotional, and financial well-being.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Primary Metal Manufacturing
• Education Level: Bachelor's degree