Full-Time

Merrill Associate Market Supervision Manager

Confirmed live in the last 24 hours

Bank of America

Bank of America

10,001+ employees

Provides banking, investment, and asset management services

Fintech
Financial Services

Compensation Overview

$90k - $105kAnnually

+ Discretionary Incentive

Mid

San Jose, CA, USA

Located at 50 W SAN FERNANDO ST, San Jose, CA.

Category
Financial Planning and Analysis (FP&A)
Risk Management
Finance & Banking
Requirements
  • Series 7 (SIE, 7 Top-Off) AND Series 66 (or Series 63 AND Series 65), Series 9 AND Series 10 (or Series 8) or equivalent licenses, and Series 3 or 31 license (If warranted)
  • SIE strongly preferred
  • If Unlicensed, must successfully pass the AP Reasoning Exam
  • Minimum 3-5 years of financial services experience preferred
  • Ability to manage risk, make sound decisions with a strong 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
  • An appreciation and understanding of our client centric strategy
  • Demonstrated understanding of the importance of mitigating risk through segmentation, disciplined investment practices, and documentation
  • Analytical skills with ability to identify trends, root cause and effects, and implement improved processes to mitigate risk
  • Ability to clearly communicate and collaborate with others
  • Possesses time management and organization skills with the ability to prioritize tasks
  • Bachelor’s degree or equivalent work experience
Responsibilities
  • The AMSM is a direct report to the Division Supervision Manager (DSM).
  • The AMSM protects the Firm, helps grow the business and serves the client by proactively managing and mitigating risk.
  • Functions with guidance and keeps the MWM ME and the other members of the Office Management Team (OMT) informed on significant matters that the AMSM is responsible for handling and determines when the MWM ME should be directly involved.

Bank of America provides a wide range of financial services to individuals, small and medium-sized businesses, and large corporations. Their offerings include banking, investing, asset management, and risk management products. The company serves around 56 million consumer and small business clients in the U.S. and is recognized as a leading wealth management firm. Additionally, Bank of America is a major player in corporate and investment banking, as well as trading. What sets Bank of America apart from its competitors is its extensive client base and comprehensive service offerings that cater to various financial needs. The company's goal is to help clients achieve their financial objectives while managing their investments and risks effectively.

Company Stage

IPO

Total Funding

N/A

Headquarters

Charlotte, North Carolina

Founded

N/A

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • Working at Bank of America offers exposure to a diverse range of financial products and services, enhancing career development opportunities.
  • The bank's leadership in wealth management and investment banking provides employees with the chance to work on high-impact projects and deals.
  • Bank of America's global presence and strong market position offer stability and growth potential for employees.

What critics are saying

  • The highly competitive nature of the financial services industry requires Bank of America to continuously innovate to maintain its market position.
  • Regulatory changes and economic fluctuations can impact the bank's operations and profitability, posing challenges for employees.

What makes Bank of America unique

  • Bank of America stands out as a global leader in corporate and investment banking, offering a comprehensive suite of financial services that cater to a wide range of clients from individuals to large corporations.
  • The bank's extensive network and relationships with approximately 56 million U.S. consumer and small business clients provide a significant competitive edge in the financial services industry.
  • Bank of America's involvement in high-profile credit facilities, such as Uber's $5B revolving credit, showcases its capability to handle large-scale financial transactions.

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