Job Description

Merrill Associate Market Supervision Manager Los Angeles, California;Newport Beach, California **Job Description:** Merrill Wealth Management is a leading provider of comprehensive wealth management and investment products and services for individuals, companies, and institutions. Merrill Wealth Management is one of the largest businesses of its kind in the world specializing in goals-based wealth management, including planning for retirement, education, legacy, and other life goals through investment advice and guidance. Merrill's Financial Advisors and Wealth Management Client Associates help clients pursue the life they envision through a personal relationship with their advisory team committed to their needs. We believe trust comes from transparency. Our trusted advisory teams are equipped with access to the investment insights of Merrill coupled with the banking convenience of Bank of America. At Merrill, we empower you to bring your whole self to work. We value diversity in our thoughts, business, and within our employees and clients. Our Wealth Management team represents an array of different backgrounds and bring their unique perspectives, ideas and experiences, helping to create a work community that is culture driven, resilient, results focused and effective. **Position Overview:** The **Associate Market Supervision Manager (AMSM)** is a member of the Market Leadership Team, along with the Merrill Market Supervision Manager (MSM) and Merrill Client Relationship Manager (CRM). This is a role in which the associates will learn and understand the tasks and responsibilities before taking over a full Market Supervision Manager (MSM) role. This job is responsible for a wide variety of delegated compliance, administrative and business functions related to the Merrill Wealth Management Market Executive's overall managerial responsibilities. This individual functions independently, or with minimal guidance, but must keep the Market Executive informed on significant matters. **The Associate Market Supervision Manager** supports the company's business objectives and contributes to Market profitability by influencing Financial Advisor business practices in ways that minimize regulatory, financial, and reputational risks. **Specific responsibilities include, but are not limited to:** + The AMSM is a direct report to the **Division Supervision Manager (DSM).** + The AMSM protects the Firm, helps grow the business and serves the client by proactively managing and mitigating risk. + Functions with guidance and keeps the MWM ME and the other members of the Office Management Team (OMT) informed on significant matters that the AMSM is responsible for handling and determines when the MWM ME should be directly involved. **Key Qualifications for the role:** + The ideal candidate is a self-motivated, client centric individual who has or is able to obtain the following in a specified timeframe: Series 7 (SIE, 7 Top-Off) AND Series 66 (or Series 63 AND Series 65), Series 9 AND Series 10 (or Series 8) or equivalent licenses, and Series 3 or 31 license (If warranted). + SIE strongly preferred + If Unlicensed, must successfully pass the AP Reasoning Exam + Minimum 3-5 years of financial services experience preferred + Ability to manage risk, make sound decisions with a strong 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 + An appreciation and understanding of our client centric strategy + Demonstrated understanding of the importance of mitigating risk through segmentation, disciplined investment practices, and documentation + Analytical skills with ability to identify trends, root cause and effects, and implement improved processes to mitigate risk + Ability to clearly communicate and collaborate with others + Possesses time management and organization skills with the ability to prioritize tasks **Desired Qualifications:** + Bachelor's degree or equivalent work experience + Good organizational skills, including the ability to effectively plan, organize and prioritize tasks + Previous experience managing a team of at least 10 including the ability to monitor, influence, negotiate, supervise, and delegate a plus The following laws or regulations restrict or prohibit the hiring of individuals with certain specified criminal history for the position: FDIC; FINRA **Shift:** 1st shift (United States of America) **Hours Per Week:** 40 Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates. To view the "Know your Rights" poster, CLICK HERE ( . View the LA County Fair Chance Ordinance ( . Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy ("Policy") establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment. To view Bank of America's Drug-free Workplace and Alcohol Policy, CLICK HERE . Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations. Should you be offered a role with Bank of America, your hiring manager will provide you with information on the in-office expectations associated with your role. These expectations are subject to change at any time and at the sole discretion of the Company. To the extent you have a disability or sincerely held religious belief for which you believe you need a reasonable accommodation from this requirement, you must seek an accommodation through the Bank's required accommodation request process before your first day of work. This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.

Job Tags

Work experience placement, Shift work, Day shift,

Similar Jobs