Lending Governance Executive

Merrill Wealth Management

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.

Merrill is committed to an in‑office culture that supports collaboration, engagement, and career development. Our approach includes clear in‑office expectations, while providing an appropriate level of flexibility based on role‑specific responsibilities and business needs.

At Merrill, we empower you to bring your whole self to work. We value the unique perspectives in our thoughts, business, and within our employees and clients. Our Wealth Management team represents an array of different skills and experiences that individuals bring from all backgrounds and careers; whether gained through military service, community college education, or a wide range of work and life experiences.

These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impacting the communities we serve.

Internal employees who are currently working from home are still eligible to apply. However, if selected for the role, you may be required to work onsite in accordance with the workplace excellence policy.

This job is responsible for partnering with lines of business to design an effective risk and control environment and ensure adherence to enterprise‑wide standards. Key responsibilities include establishing and overseeing the governance structure including managing meeting routines, process inventory administration, policy and procedures and exception management. Job expectations include working directly with enterprise and line of business partners or leadership to implement solutions that resolve critical business challenges.

The Lending Governance Executive is responsible for oversight and execution of governance, risk, and control frameworks for the Merrill Lending Solutions Group. The Lending Governance Executive will ensure alignment with enterprise risk standards, regulatory requirements, and Broker‑Dealer supervisory expectations, partnering closely with senior management to build, implement and monitor the operational risk framework for the Lending Solutions Group organization. Job expectations include operating across multiple lines of business (Consumer Lending Mortgage, Enterprise Credit, Lending Fulfillment/Operations, Merrill Banking Solutions) and partnering with GCOR, Compliance, and enterprise shared services to ensure controls are consistently designed, implemented, and operating effectively.

• Partners with other businesses to design an effective risk control environment
• Oversees issue management activities end‑to‑end, including development of action plans for identified issues
• Engages with regulators, participates in meetings with senior leaders and acts as subject‑matter expert
• Fosters a best‑in‑class operating and risk management culture and acts as trusted resource
• Utilizes deep understanding of investment products within asset and wealth management to showcase executive presence and ability to lead meetings with executives
• Uses strong communication skills both verbal and written to deliver clearly to wide audience from clients to executives
• Execute lending risk reviews, control health assessments, issue remediation, and executive reporting as well as perform governance oversight to support adherence to business strategy.
• Implement and monitor operational risk frameworks, including processes, controls, and metrics, to ensure…