Hybrid Market Supervision Manager

at Bank of America

• Job title: Market Supervision Manager
• Job type: Full Time
• Experience level: Mid level, Senior
• Salary: $112,200 - $160,000 per year
• Degree requirement: High School Diploma
• Location requirements: Hybrid, San Francisco, United States

About the role

• Market Supervision Manager responsible for compliance and administrative support in wealth management. Ensuring adherence to standards while managing business needs for financial advisors.

Responsibilities

• Performs, monitors, and demonstrates 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
• Manages day-to-day Financial Advisor (FA) business needs, while ensuring adherence to the bank's compliance policies and procedures
• Coaches FAs, Client Associates (CAs), and other market personnel to drive adherence of policies and procedures related to sales practice conduct
• Partners with FAs, CAs, and other market personnel to manage risk of business growth initiatives, ensuring alignment with the bank's enterprise risk appetite
• Provides inspection, coaching and feedback to motivate, differentiate and improve performance
• Actively manages expenses and budgets in alignment with objectives, making sound financial decisions.
• Delivers results by effectively prioritizing, inspecting and appropriately delegating team work.

Requirements

• Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent
• This role 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.
• Managing day-to-day Financial Advisor (FA) business needs, while ensuring adherence to the bank's compliance policies and procedures
• Must adhere to internal and external standards, policies, laws, rules, and regulations related to client advice and recommendations, sales practice activities, and conduct of market personnel
• Must demonstrate deep process knowledge and operational excellence
• Models an inclusive environment for employees and clients, aligned to company Great Place to Work goals.

Benefits

• Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors
• Access to paid time off
• Resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.