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 teammates’ 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!

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

• 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.
• Assist in ad hoc projects related to fund launch, fund pipeline and current fund offerings.
• The successful candidate will be a well-rounded individual who possesses strong interpersonal and communication skills.

Qualifications:

• 2-5+ years in financial services industry; direct experience in alternative investments industry preferred
• 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 identify, prioritize and execute timely business priorities.
• Enthusiastic about learning
• Bachelor’s degree preferred.
• SIE, Series 7 & 66 or 63 & 65 preferred at time of hire or must be able to obtain within 120 days of start date.

Skills:

• Analytical Thinking
• Customer and Client Focus
• Financial Forecasting and Modeling
• Financial Management
• Risk Management
• Causation Analysis
• Client Management
• Market Analysis
• Presentation Skills
• Relationship Building
• Data Management
• Project Management
• Result Orientation

Shift:

Hours Per Week: 

Job Tags

Similar Jobs