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Merrill Lynch International Supervision Manager - San Antonio, TX

San Antonio, Texas

Job Description:

Merrill Lynch Wealth Management is a leading provider of comprehensive wealth management and investment products and services for individuals, companies, and institutions. Merrill Lynch 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 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.

There is an immediate opening for a highly self-motivated International Supervision Manager, with International experience, in San Antonio office as part of the Texas Non-Resident Client (NRC) Non-Hub Satellite. The International Supervision Manager is a hybrid position that is responsible in performing both Market Supervision Manager and Client Relationship Manager functions; therefore, international Satellite locations report dually to both the International Division Business Segment Supervision Executive and Divisional Client Relationship Manager. This unique position also has a matrix to the local San Antonio Market Executive as well as additional responsibilities to support multiple Markets and the International Wealth/International Financial Advisors that sit within those markets. 

The Texas NRC Non-Hub Satellite is composed of  3 International Supervision Managers. The International Supervision Manager functions as a member of the international management team responsible for a wide variety of delegated compliance administrative and business functions related to the MLWM Global Client Strategy and compliance. He or she functions independently, but must determine when the International MLWM ME or OMT for the account/employee should be directly involved.  The International Supervision Manager supports the company’s business objectives and contributes to branch office profitability by influencing International Wealth/International Financial Advisor business practices in ways that minimize regulatory, financial and reputational risks. 

The ideal candidate is a self-motivated, client centric individual who has:

  • Series 7, 66 (or equivalent), 9, 10 (or equivalent) Licenses required
  • Proven ability to manage risk, make sound decisions by having 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
  • A 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 a 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
  • Series 3, 31 licenses, if warranted
  • Spanish speaking a plus

The Merrill International Division services HNW & UHNW clients that primarily reside in 29 Core and Limited coverage jurisdictions. The International Supervision Managers role is to supervise our International Clients and/or our International Financial Advisors to ensure full compliance with laws, and policies specific to the countries where the Client resides. These managers are client centric leaders in the organization. They are key partners with clients and IFA’s in risk management to ensure risk is appropriately managed. The International Supervision Manager is an integral member of the Office Management Team (OMT), and is responsible for a variety of supervision, compliance, and risk management functions. Many of these functions are focused on managing risk in client outcomes, partnering with the Regional Managing Director and coaching the Advisors. Their functions are related to the Regional Managing Director’s overall responsibilities for the branch offices delegated to the International Supervision Manager. In addition to their primary functions, the International Supervision Manager will partner with and backup the Client Relationship Manager. The International Supervision Manager operates with minimal guidance, monitors adherence to policies, acts as the independent voice on risk, supports the company’s business objectives, and contributes to branch office profitability by influencing IFAs business practices in ways that minimize regulatory, financial and reputational risks. In addition, the International Supervision Manager partners with Centralized Supervision Collectively, the branch and central supervision teams are responsible for ensuring robust supervision is conducted, and ensuring solutions around client needs and concerns are managed in alignment with client goals.

Job Band:

H4

Shift: 

1st shift (United States of America)

Hours Per Week:

40

Weekly Schedule:

Referral Bonus Amount:

0

Job Description:

Merrill Lynch Wealth Management is a leading provider of comprehensive wealth management and investment products and services for individuals, companies, and institutions. Merrill Lynch 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 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.

There is an immediate opening for a highly self-motivated International Supervision Manager, with International experience, in San Antonio office as part of the Texas Non-Resident Client (NRC) Non-Hub Satellite. The International Supervision Manager is a hybrid position that is responsible in performing both Market Supervision Manager and Client Relationship Manager functions; therefore, international Satellite locations report dually to both the International Division Business Segment Supervision Executive and Divisional Client Relationship Manager. This unique position also has a matrix to the local San Antonio Market Executive as well as additional responsibilities to support multiple Markets and the International Wealth/International Financial Advisors that sit within those markets. 

The Texas NRC Non-Hub Satellite is composed of  3 International Supervision Managers. The International Supervision Manager functions as a member of the international management team responsible for a wide variety of delegated compliance administrative and business functions related to the MLWM Global Client Strategy and compliance. He or she functions independently, but must determine when the International MLWM ME or OMT for the account/employee should be directly involved.  The International Supervision Manager supports the company’s business objectives and contributes to branch office profitability by influencing International Wealth/International Financial Advisor business practices in ways that minimize regulatory, financial and reputational risks. 

The ideal candidate is a self-motivated, client centric individual who has:

  • Series 7, 66 (or equivalent), 9, 10 (or equivalent) Licenses required
  • Proven ability to manage risk, make sound decisions by having 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
  • A 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 a 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
  • Series 3, 31 licenses, if warranted
  • Spanish speaking a plus

The Merrill International Division services HNW & UHNW clients that primarily reside in 29 Core and Limited coverage jurisdictions. The International Supervision Managers role is to supervise our International Clients and/or our International Financial Advisors to ensure full compliance with laws, and policies specific to the countries where the Client resides. These managers are client centric leaders in the organization. They are key partners with clients and IFA’s in risk management to ensure risk is appropriately managed. The International Supervision Manager is an integral member of the Office Management Team (OMT), and is responsible for a variety of supervision, compliance, and risk management functions. Many of these functions are focused on managing risk in client outcomes, partnering with the Regional Managing Director and coaching the Advisors. Their functions are related to the Regional Managing Director’s overall responsibilities for the branch offices delegated to the International Supervision Manager. In addition to their primary functions, the International Supervision Manager will partner with and backup the Client Relationship Manager. The International Supervision Manager operates with minimal guidance, monitors adherence to policies, acts as the independent voice on risk, supports the company’s business objectives, and contributes to branch office profitability by influencing IFAs business practices in ways that minimize regulatory, financial and reputational risks. In addition, the International Supervision Manager partners with Centralized Supervision Collectively, the branch and central supervision teams are responsible for ensuring robust supervision is conducted, and ensuring solutions around client needs and concerns are managed in alignment with client goals.

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Learn more about this role

Full time

JR-21040112

Band: H4

Manages People: No

Travel: Yes, 5% of the time

Manager:

Talent Acquisition Contact:

Cynthia Slater

Referral Bonus:

0

Street Address

Primary Location:
1803 Brdway St, TX, San Antonio, 78215