Job details

Alternative Investments Internal Sales Specialist

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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 a diverse and 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 Specialist will assist in the coordination of all sales efforts for the Merrill Lynch Alternative Investments platform -including private equity, hedge funds, managed futures, real assets, non-traditional mutual funds and other alternative investment strategies.

Job Responsibilities:

Act 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.
Broaden the base of AI Users by maintaining and building new trusted partnerships with Advisors in the territory.
Partner with field-based Alternative Investments Specialists, working closely as a dedicated home-office based resource in covering territory.
Coordinate the efforts of third party wholesalers/resources within the respective territory.
Coordinate regional events and roadshows with fund managers to educate advisors and clients on alternative investment strategies and products.

Qualifications:

5-8+ years in financial services industry; direct experience in alternative investments industry preferred
Prior sales and marketing experience
The ideal candidate should be highly motivated and organized
Knowledge of alternative investments
Understanding of the wealth management industry
Must be a team player with the ability to work effectively in a team or independently
Ability to represent the firm professionally with internal and external contacts
Knowledge of Excel, Word, and PowerPoint programs is a plus
Knowledge of Salesforce and Tableau is a plus
BS / BA degree preferred
Series 7 & 66

Skills:

Client Management
Client Solutions Advisory
Customer and Client Focus
Pipeline Management
Relationship Building
Collaboration
Presentation Skills
Prospecting
Referral Management
Wealth Planning
Referral Identification

Shift:

1st shift (United States of America)

Hours Per Week:

Pay Transparency details

US - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100)

Pay and benefits information

Pay range

$150,000.00 - $250,000.00 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.

Average salary estimate

$200000 / YEARLY (est.)

min

max

$150000K

$250000K

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What You Should Know About Alternative Investments Internal Sales Specialist, GHR

At Bank of America, we’re on a mission to enhance financial lives through meaningful connections, and we’re seeking an Alternative Investments Internal Sales Specialist to join our dynamic team in New York. As a key player in assisting the coordination of sales efforts for the Merrill Lynch Alternative Investments platform, you’ll have the unique opportunity to dive deep into the world of private equity, hedge funds, managed futures, and other innovative investment strategies. Your role will involve educating Advisors and clients about the diverse offerings we provide and helping them navigate through best practices in portfolio construction. Your proactive nature will shine as you schedule meetings, respond to inquiries, and bolster relationships with Advisors in your territory. Through collaboration with field-based specialists and third-party resources, you’ll help organize events that truly engage and educate. With a solid grasp of the financial services landscape, a flair for client relationship building, and a passion for alternative investments, you’ll contribute significantly to our commitment to responsible growth and impactful client service. At Bank of America, we truly value our teammates, providing a supportive environment that prioritizes wellness and professional development. Join us in making a difference, advancing your career, and being a part of a workplace that champions diversity and inclusivity.

Frequently Asked Questions (FAQs) for Alternative Investments Internal Sales Specialist Role at GHR

What does an Alternative Investments Internal Sales Specialist do at Bank of America?

As an Alternative Investments Internal Sales Specialist at Bank of America, you'll coordinate sales efforts for the Merrill Lynch Alternative Investments platform, engaging deeply in educating Advisors and clients on investment strategies, building relationships, and supporting sales activities throughout your designated territory.