Accounts Supervision Principal – Supervision Principal II

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.

Merrill 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.

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.

• Perform regulatory mandated supervision of new accounts submitted by Merrill Financial Advisors.
• Working closely with key business partners including the local Market Office Management Teams by establishing and maintaining positive working relationships to ensure business is conducted within guidelines set by the Firm and industry regulations.
• Communicating effectively (both written and oral) using clear, concise, and understandable language.
• Producing regular commentary on items of concern, ongoing issues and recurring patterns.
• Proactively anticipating and identifying concerns/issues as part of one’s daily responsibilities.
• Shows dedication to getting the job done accurately and efficiently.
• Demonstrating sound and consistent supervisory judgment based on thorough and systematic review of information available.
• Makes timely, risk-based decisions and acts decisively.
• Maintaining positive outlook, receptivity to constructive feedback, and flexibility to accommodate changing processes, policies, and regulations.

• Series 7 License
• 2 year minimum industry experience
• Strong technical, analytical and communication skills
• Detail oriented and strong time management and organizational skills
• Ability to work independently
• Actively promotes and exhibits behaviors in a professional manner

• Series 8 or 9/10, 63 and 65 or 66 – if not already licensed, must be obtained within an acceptable timeframe (will be specified at time of offer)
• Strong oral and written communication and analytical skills
• Detail oriented and excellent organizational skills
  
  Ability to work independently
• Branch office and New Accounts experience or exposure
• Working knowledge of regulatory policies and specifically ML policies/procedures
• Prioritization
• Problem Solving
• Relationship Building
• Risk Management
• Decision Making
• Adaptability
• Business Process Analysis
• Collaboration
• Bachelor’s Degree (or equivalent work experience)

High School Diploma / GED / Secondary School or equivalent

1st shift (United States of America)

40

US - NJ - Pennington - 1300 American Blvd - Hopewell Bldg 3 (NJ2130)

Pay and benefits information

Pay range $74,900.00 - $90,000.00 annualized salary, offers to be determined based on experience, education and skill set.

Discretionary incentive eligible – This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.

Benefits – This role is currently benefits eligible. We provide industry-leading benefits, 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.