Merrill Market Supervision Manager

Merrill Wealth Management

Position:
Market Supervision Manager (MSM)

• Manage delegated compliance, administrative and business functions related to the Merrill Wealth Management Market Executive's overall managerial responsibilities for parent and associate offices.
• Act independently with minimal guidance while keeping the Market Executive informed of significant matters and determining when direct involvement is required.
• 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.
• Perform, monitor, and demonstrate adherence to internal and external standards, policies, laws, rules, and regulations related to client advice, sales practice activities, and conduct of market personnel.
• Manage day‑to‑day Financial Advisor (FA) business needs, ensuring adherence to the bank's compliance policies and procedures.
• Coach FAs, Client Associates (CAs), and other market personnel to drive adherence of policies and procedures related to the sales practice conduct.
• Partner with FAs, CAs, and other market personnel to manage risk of business growth initiatives, ensuring alignment with the bank's enterprise risk appetite.

• Currently hold SIE and Series 7 AND Series 66 (or Series 63 AND Series 65), and Series 9 AND Series 10 (or Series
  8) or equivalent licenses.
• Series 3, 31 licenses, if warranted.
• Minimum of 5+ years of professional experience.
• Proven ability to manage risk and make sound decisions with a deep 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.
• 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 ability to identify trends, root cause 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.

• Bachelor’s degree or equivalent work experience.
• Market Supervision Manager experience or completion of Merrill’s Office Management Team Associate Development Program.

• 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

Pay range: $ - $ 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.

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