Alternative Investments Strategist

Bank of America • New York, NY

1d • Onsite

About The Position

At Bank of America, the Chief Investment Office (CIO) provides thought leadership, investment guidance, and portfolio strategy across Merrill and Bank of America Private Bank. The CIO develops tactical and strategic asset allocation recommendations, conducts deep investment research, and publishes insights to help advisors and clients achieve their financial objectives. This role is for a Private Markets Investment Strategist to join the CIO’s Portfolio Strategy Team. This individual will contribute to the firm’s private markets research agenda and help shape CIO guidance across private equity, private credit, real assets, and multi asset alternatives. Bank of America is committed to an in-office culture with specific requirements for office-based attendance, allowing for an appropriate level of flexibility based on role-specific considerations.

Requirements

• 8+ years of experience in alternatives with a strong emphasis on private markets (private equity, private credit, private real estate, infrastructure).
• Bachelor’s degree required.
• Series 7 and Series 66 (or Series 63 & 65) required, or ability to obtain within 120 days.
• Analytical Thinking
• Financial Modeling & Forecasting
• Market Analysis
• Client & Advisor Partnership
• Portfolio Construction Understanding
• Risk Management
• Presentation and Communication Skills
• Relationship Building
• Business Development Awareness
• Product & Project Management
• Results Orientation
• Ability to interpret causation and economic/market drivers

Nice To Haves

• MBA, CFA, or CAIA strongly preferred.
• Background as an investment strategist, research analyst, allocator, due diligence professional, or manager selection analyst.
• Demonstrated expertise in investment research, including quantitative analytics, industry trend evaluation, and development of data driven insights.
• Exceptional written communication skills with the ability to translate complex research into clear, actionable guidance.
• Strong presentation skills and comfort engaging with sophisticated clients, advisors, and internal stakeholders.
• Highly organized, detail oriented, and capable of managing multiple projects independently.
• Strong relationship building skills and ability to work effectively across functional areas.
• Demonstrated leadership qualities, including the willingness to mentor and guide junior team members.

Responsibilities

• Contributes to the CIO’s investment research process by developing tactical views and actionable insights across private markets asset classes (private equity, private credit, private real estate, infrastructure, and other real assets).
• Conducts quantitative and qualitative research, including performance analytics, market trends, capital formation dynamics, valuation and dispersion analysis, and identifying key drivers of opportunity sets.
• Assesses private markets asset classes relative to other alternative and traditional asset classes, supporting the CIO’s cross asset class views.
• Authors high quality thought leadership content for Merrill and Private Bank channels— including asset class updates, timely market commentary, primers and deep dives, portfolio construction guidance, and CIO flagship publications.
• Partners with internal editorial and communications teams to ensure content aligns with CIO standards and meets regulatory and brand guidelines.
• Serves as a subject matter expert representing the CIO in client, advisor, and internal investment team interactions. This includes delivering in person presentations, virtual meetings, and conference calls.
• Supports field-facing teams by providing education on private markets, CIO guidance, and portfolio positioning.
• Collaborates with CIO strategists across Equities, Fixed Income, and Macro to integrate private markets views into multi asset portfolio guidance.
• Works closely with the CIO’s Private Markets Due Diligence Team, leveraging bottom up insights from alternative investment managers and incorporating manager-level trends into top down research.
• Partners with Product, Risk, Compliance, and Distribution teams to support private markets initiatives across the organization.

Benefits

• 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
• competitive benefits to support their physical, emotional, and financial well-being

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Number of Employees: 5,001-10,000 employees