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 is core to how we drive Responsible Growth. This includes our commitment to being a diverse and inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
Job Description:
As part of the Merrill organization, the Investment Solutions Group strives to provide world-class investment strategies, platforms, solutions, and support for clients across all wealth management lines of business (including Merrill and the Private Bank).
The Hedge Fund Origination & Product Management team is responsible for originating, structuring, positioning and ongoing product management of hedge fund investments for Merrill and Private Bank clients.
Job Responsibilities:
Responsibilities include, but are not limited to the following:
Responsible for originating best in class hedge fund offerings for Merrill and Private Bank clients; must anticipate needs of wealth management client base, understand industry trends and new product development, and utilize network of asset manager connections to find new offerings.Responsible for negotiating business terms, such as offering and price structures, exclusivity, capacity and protection rights for Merrill and Private Bank clients and drafting distribution agreement with asset managers.Support strategy lead through the fund launch process by coordinating across asset managers, CIO due diligence, platform, operational, and distribution teams.Secondary point of contact for third party asset managers, responsible for cultivating strong relationships and creating alignment between third party managers’ and Merrill’s goals.Secondary liaison between asset manager and internal teams, communicating important fund updates to clients, financial advisors and to internal teams.Qualifications:
2-5 years in financial services industry; direct experience in alternative investments industry preferredHighly organized and detail oriented with the ability to think and act strategicallyExcellent communication, interpersonal, and presentation skillsAbility to work independently and collaboratively at all levels within the organizationAbility to identify, prioritize and execute timely business prioritiesEnthusiastic about learningBachelor’s degree strongly preferredSeries 7 and 66 preferred at time of hire, or must be able to obtain within 120 days of start date.Skills:
Analytical ThinkingCustomer and Client FocusFinancial Forecasting and ModelingFinancial ManagementRisk ManagementCausation AnalysisClient ManagementMarket AnalysisPresentation SkillsRelationship BuildingData ManagementProject ManagementResult OrientationShift:
1st shift (United States of America)Hours Per Week:
40