Merrill Market Supervision Manager

Merrill Market Supervision Manager Los Angeles, California; Beverly Hills, 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 brings their unique perspectives, ideas, and experiences, helping to create a work community that is culture-driven, resilient, results-focused, and effective. Job Responsibilities: This job is responsible for a wide variety of delegated compliance, administrative, and business functions to support the Merrill Wealth Management Market Executives (MEs) overall managerial and supervisory responsibilities. Support business objectives and contribute to market profitability by influencing Financial Advisor business practices to minimize regulatory, financial, and reputational risks. Work independently or with minimal guidance, while keeping the ME and Division Supervision Executive informed on significant matters. Ensure Financial Advisors are properly licensed; respond to regulatory inquiries and resolve client concerns or complaints. Protect the Firm, grow the business, and serve the client by proactively managing and mitigating risk. 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. 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. Required Qualifications: 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 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. Key Qualifications for the role: 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 the ability to identify trends, root causes 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. 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 Shift:

1st shift (United States of America) Hours Per Week:

40

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