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. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.
One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We're devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.
Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.
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Job Description:
The Alternative Investment Specialist will provide support and guidance to Financial Advisors on suite of Alternative Investment solutions in order to drive utilization of those solutions and satisfy client needs and objectives.
Bank of America Merrill Lynch Alternative Investments is seeking an experienced sales professional to join the Alternative Investments Distribution organization. The position will primarily be focused on the sales, marketing and education of hedge funds, private equity offerings and real asset solutions available on the Alternative Investments platform to Financial Advisors in the Greater Texas market. The position will also be responsible for servicing existing client assets and assisting with the prospecting of high-net-worth and institutional investors.
Responsibilities:
• Developing a comprehensive and in-depth understanding of the Bank of America / Merrill Lynch portfolio construction process with respect to alternative investments, including hedge funds, private equity, and real assets.
• Creating and executing a business strategy that allows the candidate to work independently in the territory alongside local Wealth Management market leadership. The business strategy will also include working closely with other members of the Alternative Investments Sales Team, home office leadership, and select third-party product partners to cultivate and grow future AI business prospects.
• Providing proactive and solutions-oriented feedback based on interactions with internal operations, marketing, product origination, risk, legal and compliance partners to enhance the overall client and Advisor experience.
• Staying current on trends impacting both the broader financial markets and alternative investment strategies in order to educate our clients and Advisors on underlying manager performance and the importance of diversification.
Required Qualifications:
• Travel throughout coverage area (3-4 days a week)
• Strong oral and written communication skills
• Knowledge of alternative investment products
• Self-motivated individual with a passion for alternative investments
• Series 7, 63, 65 or 66 (or equivalent licenses) or ability to receive within 120 days.
Desired Qualifications:
• Undergraduate degree in Finance, Marketing or Business Administration (CFA, CAIA or MBA a plus)
• 8+ years of financial services product and/or sales experience
Skills:
- Client Management
- Client Solutions Advisory
- Customer and Client Focus
- Pipeline Management
- Relationship Building
- Collaboration
- Presentation Skills
- Prospecting
- Referral Management
- Wealth Planning
- Referral Identification
Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent
Shift:
1st shift (United States of America)
Hours Per Week:
40