FGB’ers working at Merrill rated their manager’s support a 4.5/5
After working one year, employees can take up to 16 weeks of paid maternity, paternity, and adoption leave.
Life Event Services team provides resources and benefits for life events like retirement; loss of a loved one; or gender transition.
Employee Financial Services offers U.S. employees financial education and special access to financial products, services and expertise.
Job Description and Responsibilities:
Supervisory Principals in this role are responsible for actively monitoring Financial Advisor activities involving complex products, to ensure compliance with firm policies and procedures and relevant laws, rules and regulations.
Job Responsibilities include (but are not limited to) the following:
Conduct in-depth supervisory reviews of select activity in marked-linked investments, unit investment trusts, closed-end funds, fixed income, alternative investments, mutual funds and options.
Daily review and approval of requests for uncovered option strategies and limits, and approval of discretionary option accounts
Daily, weekly and monthly reviews of multiple option-related supervisory reports
Review accounts and transactions for clients engaging in OTC derivatives
Role may include additional annuity and life insurance supervisory responsibilities in support of cross-training strategy
Identify potentially suspicious patterns and business practices and take appropriate action to impact behavior, including escalation and follow-up as needed in collaboration with the OMT and internal business units
Communicate effectively (both written and oral) with a variety of audiences including internal staff, Supervision leadership, field management, Financial Advisors, and product groups
Demonstrate sound and consistent supervisory judgment based on thorough and systematic review of information available
Bachelor’s Degree (or equivalent work experience)
Series 7, and 8 or 9/10, and 63/65 or 66 required to be considered for the role (in lieu of the 8 or 9/10 the following combination: 4, 24 and 53)
5 years minimum industry experience
3 years minimum in a Supervision role; specifically experience in Trade and Client Review
Strong adaptability and capacity to work in fast-paced environments
Strong communication, collaborative, and analytical skills
Detail oriented and excellent time management and organizational skill
Good working knowledge of various product types
Please be advised that under current company policy, Merrill Lynch does not sponsor a visa petition or other work authorization, nor will the company provide relocation assistance, for this position.
1st shift (United States of America)
Hours Per Week:
Merrill Lynch Wealth Management is a leading provider of comprehensive wealth management and investment products and services for individuals and businesses. We focus on helping all clients pursue their goals by uncovering client concerns and priorities and helping them develop portfolios that align with what they want to achieve, including planning for retirement, ...