Alternative Investment Technical Specialist

Bank of America • New York, NY

7d • $200,000 - $258,500 • Onsite

About The Position

At Bank of America, the Alternative Investment Technical Specialist associate supports Financial Advisors and clients on a suite of hedge fund products to drive product utilization. The Specialist directly covers advisors and third-party asset managers and serves as a resource in creating, presenting, and executing customized proposals for UHNW and Institutional clients.

The role is based at ONE BRYANT PARK in New York, with the position subject to Bank of America’s in-office culture and workplace excellence policy. The position is first shift and is listed at 40 hours per week. The annualized pay range is $200,000 to $258,500, with offers based on experience, education, and skill set. The role is eligible for an annual discretionary incentive plan and benefits, including paid time off.

Requirements

• 10–12+ years of experience in financial services or relevant experience.
• Knowledge of or experience with alternative investments.
• Hold or attain Series 7 and 66 licenses within 120 days of hire.
• Skills in client management, client solutions advisory, customer and client focus, pipeline management, relationship building, collaboration, presentation, prospecting, referral management, wealth planning, and referral identification.

Nice To Haves

• CFA or CAIA; these credentials are not required.

Responsibilities

• Develop relationships and originate new business from financial advisors and portfolio managers within BofA Merrill Wealth Management.
• Serve as a subject matter expert on hedge fund products, the platform, and the industry for advisors, clients, and other specialists.
• Design, present, and execute custom hedge fund portfolios for significant wealth clients of the firm.
• Provide internal stakeholders with assessments of prospective third-party hedge fund partners’ commerciality, considering advisor or client demand.

Benefits

• Industry-leading benefits.
• Access to paid time off.
• Eligibility to participate in the annual discretionary incentive plan, subject to individual and company performance.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed