Market Supervision Manager

4 days ago


London, Greater London, United Kingdom Bank of America Full time

About the Role

This role is responsible for providing comprehensive support to the Merrill Wealth Management Market Executive in managing delegated compliance, administrative, and business functions. The successful candidate will be responsible for influencing Financial Advisor business practices to minimize regulatory, financial, and reputational risks.

Key Responsibilities

  • Manage day-to-day Financial Advisor business needs, ensuring adherence to the bank's compliance policies and procedures.
  • Coach Financial Advisors, Client Associates, and other market personnel to drive adherence to policies and procedures related to sales practice conduct.
  • Partner with Financial Advisors, Client Associates, and other market personnel to manage risk of business growth initiatives, ensuring alignment with the bank's enterprise risk appetite.
  • Perform, monitor, and demonstrate 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.

Requirements

  • Currently hold SIE, Series 7, and Series 66 (or Series 63 and Series 65) licenses.
  • Series 3 and 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.

Desired Qualifications

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

Skills

  • Decision Making
  • Influence
  • Negotiation
  • Problem Solving
  • Risk Management
  • Adaptability
  • Business Acumen
  • Collaboration
  • Oral Communications
  • Relationship Building
  • Business Operations Management
  • Client Solutions Advisory
  • Planning
  • Talent Development
  • Written Communications

Work Environment

This role is based in the United States and requires a 1st shift schedule with 40 hours per week.



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