Trade and Client Review Supervision Principal – Supervision Principal IV

Bank of America • Jacksonville, FL

2d • Onsite

About The Position

Merrill Wealth Management is a leading provider of wealth management and investment products and services. It offers goals-based wealth management, including advice and guidance for retirement, education, legacy, and other life goals. Merrill is committed to an in-office culture, with role-specific flexibility. The company values diversity and aims to create a culture-driven, resilient, results-focused work community.

The Supervision Principal performs delegated supervisory functions to identify and mitigate financial, regulatory, and reputational risk. The role operates in a high-paced, high-volume environment and involves managing an evolving workload, exercising sound judgment, and focusing on risk. The principal reviews, decisions, escalates, and resolves supervisory matters for supported branch offices and markets in accordance with firm policies, procedures, and regulatory requirements.

The position requires understanding supported businesses and markets, identifying emerging risks and trends, prioritizing issues, and taking ownership of matters through resolution. Supervision Principals partner with Field Supervision leaders, Office Management Teams, Financial Advisors, Wealth Management Associates, product managers, and control partners. They communicate effectively, navigate sensitive situations, challenge when appropriate, and balance business considerations with supervisory and regulatory responsibilities. The role supports the firm’s Responsible Growth strategy in partnership with Field Supervision, business partners, and control functions.

Requirements

• Series 7, Series 8 or Series 9/10, and Series 63/65 or Series 66; alternatively, Series 4, 24, and 53 in lieu of Series 8 or Series 9/10.
• At least three years of industry experience.
• Deep understanding of industry regulations, supervisory requirements, policies and procedures, wealth management concepts, and financial services products.
• Ability to manage risk and make sound decisions.
• Strong analytical, decision-making, and problem-solving skills.
• Ability to manage a high-volume workload and prioritize competing demands.
• Strong interpersonal and communication skills, including the ability to build productive relationships across multiple organizational levels.
• Ability to exercise independent judgment and appropriately escalate complex or higher-risk matters.
• Accountability and ability to take ownership of issues through resolution.
• Ability to remain effective under pressure, manage multiple complex matters, and adapt to changing processes, policies, and regulations.
• Attention to detail, prioritization, risk management, ability to interpret relevant laws, rules, and regulations, adaptability, business process analysis, and collaboration.
• High school diploma, GED, secondary school qualification, or equivalent.

Nice To Haves

• Positive outlook and receptivity to constructive feedback.

Responsibilities

• Ensure compliance with policies, procedures, and regulations and oversee supervision-group processes to identify, monitor, and limit risk and financial exposure to the business.
• Build relationships with Field Supervision leaders, Office Management Teams, Financial Advisors, Wealth Management Associates, Product Managers, and Control Partners to resolve inquiries effectively and promptly.
• Review and decide alerts and tasks in a system-of-record application using sound and consistent supervisory judgment.
• Identify and appropriately escalate emerging risks and trends that may not be readily recognized through existing routines, using established criteria, risk factors, and metrics.
• Manage and prioritize multiple tasks while maintaining the quality and timeliness of work deliverables and timelines.
• Take ownership of supervisory matters through resolution and appropriately escalate complex or higher-risk issues.
• Work with Field Supervision, business partners, and control functions in support of the firm’s Responsible Growth strategy.

Benefits

• Benefits eligibility.
• Access to paid time off and employee resources and support.
• Eligibility to participate in the annual discretionary incentive plan, with awards based on individual performance and behavior, line-of-business or group performance and contributions, and overall company success.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: High school or GED