Alternative Investments Private Markets Technical Specialist

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 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!

Bank of America Merrill Alternative Investments is seeking an experienced sales professional to join its Alternative Investments Specialist organization. Responsible for driving distribution, advisor engagement, and client adoption of private equity, private credit, and real asset solutions, while supporting existing client assets and prospecting UHNW and institutional investors across Merrill and Bank of America Private Bank.

Responsibilities:

• Develop deep expertise in Bank of America’s portfolio construction framework for alternative investments.
• Construct customized portfolio recommendations for our largest, most sophisticated clients.
• Evaluate private market strategies and solutions in consultation with Origination and Due Diligence.
• Create strategic business plans in coordination with local leadership and regional specialists.
• Improve Advisor experience by working across functional groups including product, operations, marketing, legal, risk, and compliance.
• Monitor macroeconomic and market trends impacting alternative investments to educate advisors and clients on performance drivers and diversification benefits.

Qualifications:

• 12+ years of financial services product and/or sales experience
• Direct experience and expertise in alternative investment products, specifically with Private Equity, Credit & Real Estate
• Extensive regional travel capability, 50-60%
• Hold or attain Series 7 and 66 licenses within 120 days of hire
• Exceptional written and verbal communication
• Undergraduate degree in Finance, Marketing or Business (MBA, CFA, CAIA preferred) or equivalent experience

Internal employees who are currently working from home are still eligible to apply. However, if selected for the role, you may be required to work onsite in accordance with the workplace excellence policy.

Shift:

1st shift (United States of America)

Hours Per Week:

40

Pay Transparency details

US - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100)Pay and benefits informationPay range$183,700.00 - $330,800.00 annualized salary, offers to be determined based on experience, education and skill set.Discretionary incentive eligibleThis 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.BenefitsThis 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.