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Investment Compliance Manager - REQUIRED Series 7, 8 or 9/10 & 6
Category: Banking
  • Your pay will be discussed at your interview

Job code: lhw-e0-88964043

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Bank of America

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  Job posted:   Sun Apr 29, 2018
  Distance to work:   ? miles
  2 Views, 0 Applications  
Investment Compliance Manager - REQUIRED Series 7, 8 or 9/10 & 6

Job Description:**

**Position Description**

The Administrative Manager position will serve to ensure regulatory compliance and corporate mandates for all administrative, sales, andoperational activities performed by Field Financial Services Advisors(FSA), Banking Financial Advisors (BFA), and Senior RelationshipManagers (SRM) in the Merrill Edge platform. This platform within theConsumer Banking & Merrill Edge has a client base of over 613,000with assets in excess of $21 billion. A predominate objective of theposition is to limit risk and financial exposure to the business unit and

the firm.

****Associate will manage the LA Valley Market**

**Specific Responsibilities include (but are not limited to) the following:**

+ Use existing review form to complete semi-annual audits ofeach individual FSA/BFA/SRM location, ensuring compliance with allpolicies, procedures, settings and circumstances. Secondary locations are

+ to be visited annually.

+ Review and respond to Sales Practice customer complaintsreceived verbally or in writing for Merrill edge.

+ Assist in arbitration, legal matters.

+ Perform client contact, as necessary.

+ Control and review New Account Profiles for Option, Marginand Cash trading using EAO system.

+ Perform Active Account Reviews.

+ Review Correspondence

+ Review and maintain all Compliance and Regulatory

+ Correspondence.

+ Provide market and non-market action decisions.

+ Prior review and approval of any sales seminars conducted byFSAs/BFAs.

+ Monitor and review Investor Profile changes.

+ Monitor accounts with large debit balances and short marketvalues over $500,000 and coordinate approval with CreditAdministration and clients.

+ Review Policy Settlements of a particular threshold to ensuresettlements are within Firm Policy and Procedures.

+ Monitor and review large trades.

+ Review exception requests for Control Securities andcoordinate with Field FSAs/BFAs.

+ Monitor and manage registration and licensing for FSA's/SRM's

+ Monitor and review client accounts for potential risk withregard to mutual fund trading, concentrated positions, and marginusage.

+ Review Compliance 1028 exception items for potentialexposure, and ensure timely and appropriate follow-up.

+ Monitor all address changes submitted by clients and FieldFSAs/BFAs/SRMs.

+ Manage projects / initiatives to improve sales supervision andrisk management.

**Required Skills:** " **MUST** " have these skills to be minimally qualified.

+ Bachelor's Degree or equivalent work experience

+ Preference is for candidates to be proficient in Mandarin Chinese or Spanish

+ Must have FINRA Series 7, 8 or 9/10 & 66(63/65) or equivalent to be considered for the role (in lieu of the 8 or 9/10 we could consider candidates holding all of the following licenses: 4, 24, and 53)

+ Familiarity with compliance and regulatory issues

+ Strong auditing background with willingness to travel

+ Able to meet deadlines with strong attention details and organized in a fast-paced environment

+ Strong leadership abilities, communication and delegation skills

+ Strong Experience with Microsoft Word, Excel, PowerPoint, and Outlook

**Posting Date** : 04/27/2018

**Location** :

Valencia, CA, VALENCIA BC, 23929 Valencia Blvd,

- United States

**Travel** : Yes, 25% of the time

**Full / Part-time** : Full time

**Hours Per Week** : 40

**Shift** : 1st shift

**Weekly Schedule** : Monday-Friday 8am-5pm

**Assistance for Applicants with Disabilities**

Bank of America is committed to ensuring that our online application process provides an equal employment opportunity to all job seekers, including individuals with disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to submit an application, please visit the Applicants with Disabilities page at -with-disabilities .

**Diversity & Inclusion**

At Bank of America, our commitment to diversity and inclusion is helping us to create not only a great place to work, but also an environment where our employees, our customers and our communities around the world can reach their goals and connect with each other. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.

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