Sr. Product Specialist-Hedge Fund Origination New York To proceed with your application, you must be at least 18 years of age. Acknowledge ( Bank of America employees are required to meet all posting eligibility requirements prior to applying for any new position. Acknowledge ( Refer a friend To proceed with your application, you must be at least 18 years of age. Acknowledge ( Bank of America employees are required to meet all posting eligibility requirements prior to applying for any new position. Acknowledge ( 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 an inclusive workplace, attracting and developing exceptional talent, supporting our teammatesu2019 physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve. Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations. 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 (ISG) 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. Responsibilities include, but are not limited to: + Primary point of contact for third party asset managers, responsible for cultivating strong relationships and creating alignment between third party managersu2019 and Merrillu2019s goals. + Responsible for sourcing 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. + Lead the fund launch process by coordinating across asset managers, CIO due diligence, platform, operational, and distribution teams. + Act as primary liaison between asset manager and internal teams, communicating important fund updates to clients, financial advisors and to internal teams. + Drive business development, growth, and operational excellence across multiple lines of business in alignment with one Investment Solutions Group goal. Qualifications: + 5-8+ years in the wealth management or alternative investments industry, direct relevant work a plus + Highly organized and detail oriented with the ability to think and act strategically. + Excellent communication, interpersonal, and presentation skills + Ability to work independently and collaboratively at all levels within the organization. + Strong project and time management skills; ability to lead cross functional work efforts. + Ability to identify, prioritize and execute timely business priorities. + Enthusiastic about educating junior members of the origination team, willing to delegate responsibility, and guide junior members through challenges. + Bacheloru2019s degree preferred; advanced degree desired (MBA or CFA; CAIA designation preferred) + Candidates required to hold Series 7 and Series 66 (or Series 63 and 65). Skills: + Analytical Thinking + Customer and Client Focus + Financial Management + Presentation Skills + Risk Management + Business Development + Client Management + Client Solutions Advisory + Market Analysis + Negotiation andContract Evaluation + Causation Analysis + Product Management + Relationship Building + Result Orientation Shift: 1st shift (United States of America) Hours Per Week: 40 Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates. View your
Job Title
Sr. Product Specialist-Hedge Fund Origination