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 and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates' physical, emotional, and financial wellness through affordable, competitive and flexible benefits.
We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.
Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
Job Description:Bank of America Merrill Alternative Investments is seeking an experienced sales professional to join the Alternative Investments Specialist organization supporting the Private Wealth channel. The role is primarily responsible for the sales, marketing and education of hedge funds, private equity offerings and real asset solutions to Merrill financial advisors. In addition, the candidate will lead a team of Private Wealth Specialists across multiple territories, as well as members of the Internal Sales Desk. The role also includes servicing existing clients and assisting with the prospecting of new ultra high-net-worth and institutional investors.
Responsibilities: - Responsible for all hiring, development, evaluation and coaching activity for the Private Wealth Management (PWM) Alts Specialist team.
- Supervise and mentor the PWM Internal Sales Desk members and foster an environment of collaboration between internal and external Specialists
- In addition to leading the PWM Alts Specialist team, the candidate will assume Alts Specialist responsibilities for the Northeast region. This will require the candidate to develop a business strategy that enables them to work independently in the territory alongside local PWM market leadership and financial advisors.
- Engaging with members of the broader Alternative Investments Sales Team, home office leadership, and select third-party product partners to cultivate future Alts growth.
- Developing a comprehensive and in-depth understanding of the Merrill PWM portfolio construction process with respect to alternative investments, including hedge funds, private equity, and real assets.
- Working with internal operations, marketing, product origination, risk, legal and compliance partners to enhance the overall client and advisor experience.
Required Qualifications:- 10+ years of financial services product and/or sales experience
- Travel throughout coverage area (2-3 days a week)
- Strong oral and written communication skills
- Knowledge of alternative investment products
- Self-motivated individual with a passion for alternative investments and a strong desire to lead
- Must hold Series 7, 63, 65 or 66 licenses or be able to obtain within 120 days of hire
Desired Qualifications:- Undergraduate degree in Finance, Marketing or Business Administration (CFA, CAIA or MBA a plus)
Shift:1st shift (United States of America)
Hours Per Week: 40
Pay Transparency detailsUS - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100)
Pay and benefits information
Pay range
$183,700.00 - $330,800.00 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.
