Hedge Fund Origination & Product Management

Bank of America•New York, NY

5d•Onsite

About The Position

As part of the Merrill organization, the Investment Solutions Group strives to provide world-class investment strategies, platforms, solutions, and support for clients across all wealth management lines of business (including Merrill and the Private Bank). The Hedge Fund Origination & Product Management team is responsible for originating, structuring, positioning and ongoing product management of hedge fund investments for Merrill and Private Bank clients.

Requirements

2-5 years in financial services industry and direct experience in alternative investments industry preferred
Highly organized and detail oriented with the ability to think and act strategically
Excellent communication, interpersonal, and presentation skills
Ability to work independently and collaboratively at all levels within the organization
Strong project and time management skills
Ability to identify, prioritize and execute timely business priorities
Enthusiastic about learning
Hold or attain Series 7 and 66 licenses within 120 days of hire

Nice To Haves

Analytical Thinking
Customer and Client Focus
Financial Forecasting and Modeling
Financial Management
Risk Management
Causation Analysis
Client Management
Market Analysis
Presentation Skills
Relationship Building
Data Management
Project Management
Result Orientation

Responsibilities

Responsible for originating best in class hedge fund offerings for Merrill and Private Bank clients; must anticipate needs of wealth management client base, understand industry trends and new product development, and utilize network of asset manager connections to find new offerings.
Responsible for negotiating business terms, such as offering and price structures, exclusivity, capacity and protection rights for Merrill and Private Bank clients and drafting distribution agreements with asset managers
Support strategy leads through the fund launch process by coordinating across asset managers, CIO due diligence, platform, operational, and distribution teams
Secondary point of contact for third party asset managers, responsible for cultivating strong relationships and creating alignment between third party managers’ and Merrill’s goals.
Secondary liaison between asset manager and internal teams, communicating important fund updates to clients, financial advisors and to internal teams.