Investment Supervision Lead – Risk & Compliance

Bank of America; Livermore (CA); On-site; USD 88,000 - 102,000; Full time

Benefits offered by this job

Benefits eligible

Job summary

Bank of America in Livermore, CA is seeking a supervisor to oversee client account activities, including review of applications submitted in the Consumer Investment space and ensuring suitability and best-interest compliance.

You'll work with local Office Management Teams and internal wholesalers, manage risk, trends, and escalations, and ensure adherence to policies while maintaining service levels. This role operates in an in-office model with role-specific attendance requirements.

Qualifications

• Licenses needed at hire: FINRA Series 7, 66, 9/10 or equivalent required
• Familiarity with compliance and regulatory issues
• Proficient in Microsoft Office applications

Responsibilities

• Ensure employees comply with policies, procedures, and regulations to limit risk.
• Review DOL Trend Reporting to identify outliers.
• Review and approve account applications for advised accounts, determining suitability and best-interest.
• Collaborate with local Home Office or Field Supervisors to resolve escalations.
• Partner with internal and external wholesalers to guide advisor behavior.
• Meet or exceed SLA for managed account enrollment reviews.
• Provide backup coverage when peers are out or capacity is reached.
• Maintain organization in daily duties including queue management and advisor communication.
• Maintain a positive attitude and passion for supervision.
• Attend team meetings to share trends and managed product updates.

Skills

Attention to Detail

Risk Management

Controls Management

Monitoring & Testing

Decision Making

Leadership

Oral Communications

Due Diligence

Regulatory Relations

Policies & Procedures

Education

High School Diploma / GED / Secondary School or equivalent

Job description

Bank of America in Livermore, CA is seeking a supervisor to oversee client account activities, including review of applications submitted in the Consumer Investment space and ensuring suitability and best-interest compliance.

You'll work with local Office Management Teams and internal wholesalers, manage risk, trends, and escalations, and ensure adherence to policies while maintaining service levels. This role operates in an in-office model with role-specific attendance requirements.