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Bank Of America Merrill Market Supervision Manager 
United States, Minnesota 
704822486

02.05.2024

Job Description:


Market Supervision Manager (The Market Supervision Manager (MSM)Additionally, they ensure Financial Advisors are properly licensed; respond to regulatory inquiries, and resolve client concerns or complaints.


What you’ll accomplish

  • Manage delegated compliance, administrative and business functions related to the Merrill Wealth Management Market Executive's overall managerial responsibilities for parent and associate offices
  • This individual functions independently, or with minimal guidance, but must keep the Market Executive informed on significant matters and must determine when the Market Executive should be directly involved
  • Monitor advisor and client activity including financial transactions to ensure compliance with firm and regulatory requirements and minimize risk
  • Coach advisors in supporting the company strategy and continuing to grow their businesses.


Key Qualifications for the role:

  • Candidates are required to 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 5+ years professional experience required
    • 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
    • Demonstrated strong and effective leadership style through clear communication and collaboration with others, making sound decisions with courage and conviction
    • Strong time management and organization skills with the ability to prioritize appropriately
    • Prefer Market Supervision Manager experience, or completion of Merrill’s Office Management Team Associate Development Program

Desired Qualifications:

  • Bachelor’s degree or equivalent work experience
1st shift (United States of America)