Why you should apply for a job with Bank of America:
Bank of America is on FGB’s Best Finance Companies for Women of 2018.- 56%of reviewers say women and men are treated equally at Bank of America.
- 76%of reviewers say the CEO supports gender diversity.
A competitive benefits and programs have earned us recognition by Working Mother magazine for more than 30 years,- Employee Financial Services offers U.S. employees financial education and special access to financial products, services and expertise.
- Offers comprehensive domestic partner benefits to U.S. employees and incorporate sexual orientation into non-discrimination policies.
Job Description:
The Supervision Manager serves to ensure regulatory compliance and corporate mandates for all administrative, sales, and operational activities performed by registered associates within the Merrill Edge Self Directed (MESD) Channel and/or Merrill Edge Client Management. Primarily responsible for limiting risk and financial exposure to the business unit and the firm for registered associates located in call centers or financial centers. Series 7, 66, or equivalent required, 9/10 or ability to obtain within 120 days.
Responsibilities include (but are not limited to) the following:
Reviews and responds to Sales Practice client complaints received verbally or in writing for Merrill Edge
Conducts thorough supervisory reviews of account transactions including Risk Management System (RMS), End of Day (EOD) and Online Trade Review (OTR)
Approves new accounts and margin requests
Approves and reviews trade corrections
Option strategy approval and ongoing supervision
Reviews and maintains all Compliance and Regulatory Correspondence
Performs client contact as necessary
Manages projects and initiatives to improve sales supervision and risk management
Develops advisor proficiency through supplemental training, active coaching & remediation of policy and procedure violations
Required skills:
Bachelor's degree or equivalent work experience
FINRA Series 7, 8 or 9/10, 63/65 or 66 or equivalent to be considered for the role
Familiarity with compliance and regulatory issues
Strong leadership abilities, communication and delegation skills
Familiarity with Microsoft Word, Excel and PowerPoint
Proven ability to manage risk and make sound decisions by having a deep understanding of industry regulations, supervisory requirements, and policies/procedures
Ability to identify client needs and concerns, and coach advisors on aligning solutions to goals in a suitable and controlled way
Strong analytical skills with ability to identify trends, root cause and effects, and implement improved processes to mitigate risk
Ability to demonstrate strong and effective leadership style through clear communication and collaboration with other partners to make sound decisions with courage and conviction
Able to foster collaborative relationships within and across business units
Demonstrate integrity and remains calm under pressure
Familiarity with compliance and regulatory issues
Proficient in Microsoft Office applications
Merrill Edge, Merrill Lynch, or Operations experience
Shift:
1st shift (United States of America)
Hours Per Week:
40
Need convincing? Let's review Bank of America's best features:
- Bank of America is on FGB’s Best Finance Companies for Women of 2018.
- 56%of reviewers say women and men are treated equally at Bank of America.
- 76%of reviewers say the CEO supports gender diversity.
- A competitive benefits and programs have earned us recognition by Working Mother magazine for more than 30 years,
- Employee Financial Services offers U.S. employees financial education and special access to financial products, services and expertise.
- Offers comprehensive domestic partner benefits to U.S. employees and incorporate sexual orientation into non-discrimination policies.