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.
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.
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Job Description:
The Alternative Investment Specialist will assist in the coordination of all sales efforts for the Merrill Lynch Alternative Investments platform -including private equity, hedge funds, managed futures, real assets, non-traditional mutual funds and other alternative investment strategies.
Job Responsibilities:
- Act as a subject-matter expert, owning the end-to-end Advisor and client experience, educating a wide audience across the value proposition of AI, the different types of solutions available, the best practices with implementation and portfolio construction, as well as ongoing fund updates and reviews.
- Responsible for being proactive in scheduling meetings within respective territories, being resourceful with inbound inquiries and being reliable in helping support service related inquiries.
- Broaden the base of AI Users by maintaining and building new trusted partnerships with Advisors in the territory.
- Partner with field-based Alternative Investments Specialists, working closely as a dedicated home-office based resource in covering territory.
- Coordinate the efforts of third party wholesalers/resources within the respective territory.
- Coordinate regional events and roadshows with fund managers to educate advisors and clients on alternative investment strategies and products.
Qualifications:
- 5-8+ years in financial services industry; direct experience in alternative investments industry preferred
- Prior sales and marketing experience
- The ideal candidate should be highly motivated and organized
- Knowledge of alternative investments
- Understanding of the wealth management industry
- Must be a team player with the ability to work effectively in a team or independently
- Ability to represent the firm professionally with internal and external contacts
- Knowledge of Excel, Word, and PowerPoint programs is a plus
- Knowledge of Salesforce and Tableau is a plus
- BS / BA degree preferred
- Series 7 & 66
Skills:
- Client Management
- Client Solutions Advisory
- Customer and Client Focus
- Pipeline Management
- Relationship Building
- Collaboration
- Presentation Skills
- Prospecting
- Referral Management
- Wealth Planning
- Referral Identification
Shift:
1st shift (United States of America)
Hours Per Week:
40
Pay Transparency details
US - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100)
Pay and benefits information
Pay range
$150,000.00 - $250,000.00 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.