Job Description: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:- 8-10+ 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
Skills:- Client Management
- Client Solutions Advisory
- Customer and Client Focus
- Pipeline Management
- Relationship Building
- Collaboration
- Presentation Skills
- Prospecting
- Referral Management
- Wealth Planning
- Referral Identification
Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent
Shift:1st shift (United States of America)
Hours Per Week: 40
Pay Transparency detailsUS - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100)
Pay and benefits information
Pay range
$180,000.00 - $255,200.00 annualized salary, offers to be determined based on experience, education and skill set.
Discretionary incentive eligible
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.
Benefits
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.