Supervision Principal -Trade Review

Merrill Lynch's financial advisors help clients pursue the life they envision through a one-on-one relationship with an advisor committed to their needs.  We believe trust comes from transparency.  Our trusted financial advisors are equipped with access to the investment insights of Merrill Lynch coupled with the banking convenience of Bank of America. The role is intended to provide supervision of daily executed trades and various client, account and FA review scenarios.  Items identified within the Online Trade Review (OTR) and Risk Management Supervision (RMS) tools would be researched and dispositioned or escalated to the branch office for more information/review.  Trade and Client Review Supervision performs duties as an extension of or substitute to field management, including: identify, research, and escalate trends and patterns based on review of account, client and Financial Advisor data. Job Responsibilities include (but are not limited to) the following: o Perform regulatory mandated supervision of prior day executed  trades within OTR o Perform in-depth review of various supervisory scenarios within  RMS, including concentration, loss, and margin o Working closely with field management and FAs by establishing and maintaining positive working relationships to  ensure business is conducted within guidelines set by the Firm and industry regulations o Maintaining a healthy level of skepticism while asking  pertinent questions to gather relevant facts surrounding a problem, issue, or objective; weighing the relative importance, adequacy, and validity of information to form fact-based opinions, solve problems and make sound recommendations o Communicating effectively (both written and oral) with field management and FAs using clear, concise, and understandable language o Producing regular commentary on items of concern, ongoing issues, and recurring patterns at a client, account, FA, or Market level o Proactively anticipating and identifying concerns/issues as part of one's daily responsibilities o Demonstrating sound and consistent supervisory judgment based on thorough and systematic review of information available o Maintaining positive outlook, receptivity to constructive  feedback, and flexibility to accommodate changing processes, policies, and regulations o Openness to periodic travel (1-4 days annually) in support of relationship building with field management and FAs Required Skills: o Bachelor's Degree (or equivalent work experience) o Must have Series 7, 8 or 9/10 (or equivalents) and 63/65 or 66 o 2 years' experience in risk management activities o Ability to work interdependently o Actively promotes and exhibits behaviors in a professional manner o Strong technical skills o Good understanding of risk o Strong communication and analytical skills Desired Skills: o Detail oriented and excellent organizational skills o Branch office experience or exposure o Knowledge of security products and services o Knowledge of regulatory policies and specifically ML policies/procedures would be helpful. Job number: 18068336
Salary Range: NA
Minimum Qualification
Less than 5 years

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