Supervision Principal

Job Description:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day. Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits. We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve. Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Enterprise Job Description:
Is responsible for conducting defined supervisory reviews and approvals related to registered employee activities. Key areas of oversight include:

• Email and personal brokerage activity
• Outside business activity disclosures
• Investment transaction reviews
• Audit and compliance support
• Registration and licensing
• Written electronic communication review and escalation
• Enhanced Monitoring and Heightened Supervision administration
• Employee training and process improvement

A critical part of the role involves identifying and escalating emerging risks and trends to ensure proactive supervision and regulatory compliance.

Responsibilities:

• The role focuses on specific processes and requires knowledge of Firm policies, Firm procedures and regulatory requirements that govern the process. Duties include review, decisioning, escalation and resolution of activities related to the process
• Must be able to work independently, as well as interdependently with peers and management
• Timely review, action, documentation and remediation for supervisory reviews and tasks
• Develops and implements new processes and procedures to improve operating efficiency and ensure timeliness and accuracy of workflow
• Identifies emerging risks and trends in processes and escalates appropriately
• Updates databases and other recordkeeping applications with appropriate information as required

Skills:

• Continuous Improvement
• Controls Management
• Decision Making
• Issue Management
• Oral Communications
• Attention to Detail
• Due Diligence
• Fraud Management
• Regulatory Relations
• Risk Management
• Active Listening
• Leadership Development
• Monitoring, Surveillance, and Testing
• Policies, Procedures, and Guidelines Management

Required Qualifications:

• FINRA Series 7 and 66 required to be considered
• FINRA Series 9 and 10; must be willing to obtain within 120 days
• Strong client service skills
• Strong communication, time management and organizational skills
• Strong leadership and willingness to collaborate with partners
• Knowledge of and/or experience in Investments and/or Operations
• Familiarity with compliance and regulatory issues

Desired Qualifications:

• Prior knowledge of registration process, financial products, policies and procedures are highly preferred
• Bachelor’s Degree in related field or equivalent work experience
• Knowledge of Wealth Management tool

Skills:

• Continuous Improvement
• Controls Management
• Decision Making
• Issue Management
• Oral Communications
• Attention to Detail
• Due Diligence
• Fraud Management
• Regulatory R