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 impacts 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:
The  Supervision Principal (SP)  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

Required Qualifications:

• Active FINRA Series 7, 9/10, and 63/65 or 66
• In lieu of Series 8 or 9/10, candidates may be considered if holding Series 4, 24, and 53
• Demonstrated leadership, relationship management, and communication skills, including the ability to influence stakeholders across multiple lines of business.
• Proven ability to build and maintain collaborative partnerships with business, compliance, legal, risk, and operational teams.
• Strong analytical and decision-making skills with the ability to assess complex situations, exercise sound judgment, and appropriately escalate risks.
• High degree of professionalism, integrity, and accountability, with the ability to remain calm and effective under pressure.
• Strong client service skills
• Experience conducting investigations, resolving customer complaints, or performing supervisory reviews within a broker-dealer, wealth management, or consumer investments environment.
• Familiarity with compliance and regulatory issues
• Advanced proficiency in Microsoft Excel, PowerPoint, and Microsoft Copilot, with the ability to analyze data, identify trends, and develop executive-level presentations and reporting.

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

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

Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Pay Transparency details

US - MA - Boston - 100 Federal St - 100 Federal St Lp (MA5100), US - MD - Hunt Valley - 11333 MCCORMICK RD - HUNT VALLEY (MD5031), US - NJ - Pennington - 1400 American Blvd - Hopewell Bldg 4 (NJ2140)

Pay and benefits information

Pay range

$86,800.00 - $95,800.00 annualized salary, offers to be determined based on experience, education and skill set.

Discretionary incentive eligible

This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.

Benefits

This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.