Internal Alternative Investments Specialist

Bank of America • New York, NY

3d • Onsite

About The Position

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 an 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. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us! Job Description: The Alternative Investment Sales Desk associate will provide support to Alternative Investment Specialists as well as Financial Advisors on suite of Alternative Investment products in order to drive utilization of those products.

Requirements

• 2-5 years+ experience in financial services
• Ability to explain complex concepts clearly and simply
• Ability to make presentations effectively
• The ideal candidate should be highly motivated and organized
• Prior sales experience
• Knowledge of alternative investments
• Understanding of the wealth management industry
• Team player with the ability to work effectively in a team or independently
• Ability to represent the firm professionally with internal and external contacts
• Series 7 and Series 66 (or Series 63 & 65) required, or ability to obtain within 120 days

Nice To Haves

• Experience with alternative investments
• Completion of or progress toward CFA/CAIA
• Client Management
• Client Solutions Advisory
• Customer and Client Focus
• Pipeline Management
• Relationship Building
• Collaboration
• Presentation Skills
• Prospecting
• Referral Management
• Wealth Planning
• Referral Identification

Responsibilities

• Acts 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
• Broadens the base of AI Users by maintaining and building new trusted partnerships with Advisors in the territory
• Partners with field-based & home office Alternative Investments Specialists, working closely as a dedicated home-office based resource in covering territory
• Coordinates the efforts of third party wholesalers/resources within the respective territory

Benefits

• 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.
• 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.
• Bank of America is committed to help employees through the transition period when they’re displaced as a result of a workforce reduction, realignment or similar measure.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: High school or GED
• Number of Employees: 5,001-10,000 employees