Supervision Principal
About The Position
At Bank of America, the Supervision Principal conducts defined supervisory reviews and approvals related to registered employee activities. Areas of oversight include email and personal brokerage activity, outside business activity disclosures, investment transaction reviews, audit and compliance support, registration and licensing, written electronic communication review and escalation, Enhanced Monitoring and Heightened Supervision administration, employee training, and process improvement. The role focuses on specific processes and requires knowledge of firm policies, procedures, and applicable regulatory requirements. It involves reviewing, decisioning, escalating, and resolving activities; timely documenting and remediating supervisory reviews and tasks; identifying and escalating emerging risks and trends; improving process efficiency and workflow accuracy; and maintaining databases and recordkeeping applications. The position requires working independently and collaboratively with peers and management.
Requirements
- FINRA Series 7 and Series 66 are required for consideration.
- Must be willing to obtain FINRA Series 9 and Series 10 within 120 days.
- Strong client service skills.
- Strong communication, time management, and organizational skills.
- Strong leadership and willingness to collaborate with partners.
- Knowledge of and/or experience in investments and/or operations.
- Familiarity with compliance and regulatory issues.
- Minimum education requirement: High School Diploma, GED, secondary school, or equivalent.
Nice To Haves
- Prior knowledge of the registration process, financial products, policies, and procedures is highly preferred.
- Bachelor’s degree in a related field or equivalent work experience.
- Knowledge of Wealth Management tools.
Responsibilities
- Conduct defined supervisory reviews and approvals related to registered employee activities.
- Review email and personal brokerage activity, outside business activity disclosures, investment transactions, and written electronic communications.
- Support audit and compliance activities, registration and licensing, and Enhanced Monitoring and Heightened Supervision administration.
- Review, decide, escalate, and resolve activities related to assigned processes in accordance with firm policies, procedures, and regulatory requirements.
- Complete supervisory reviews and tasks with timely action, documentation, and remediation.
- Identify and escalate emerging risks and trends.
- Develop and implement processes and procedures to improve operating efficiency and ensure timely, accurate workflows.
- Update databases and other recordkeeping applications with required information.
- Contribute to employee training and process improvement.
- Work independently and collaboratively with peers and management.
Benefits
- Access to paid time off.
- Industry-leading benefits and resources and support for employees.
- Eligible to participate in an annual discretionary incentive plan; award is based on individual performance and behaviors, line-of-business and/or group contributions, and company success.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
Education Level
High school or GED
