Alternative Investments Sales Desk Specialist
Bank of America
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Benefits offered by this job
Job summary
Bank of America in New York is seeking a collaborative professional to coordinate alternative investments initiatives and support advisor and client engagements. You will educate clients on strategies, build partnerships, and drive the wealth-management value proposition across territories.
The role requires strong presentation skills, capability to explain complex concepts, and a proactive, organized approach to scheduling and relationship building.
Qualifications
- 2-5 years+ experience in financial services
- Ability to explain complex concepts clearly
- Ability to make presentations effectively
- Highly motivated and organized
- Knowledge of alternative investments
- Understanding of the wealth management industry
- Team player with the ability to work effectively in a team or independently
- Series 7, Series 66, and SIE licenses are preferred at the time of hire; otherwise, candidates must be able to obtain them within 120 days of hire.
Responsibilities
- Assists in coordination of third party wholesalers and regional events with fund managers to educate advisors and clients on strategies and products
- Acts in proactive manner when it comes to scheduling meetings and providing strategic and subject matter expertise support to advisors
- Operates as subject matter expert on alternative investments and the platforms and strategies that are provided
- Utilizes networking skills to maintain and build new trusted partnerships with advisors in the territory
- Partners with field based specialists as well as other support partners across business acting as the dedicated home-office based resource covering a territory
- 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
Skills
Education
Job description
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 and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates' physical, emotional, and financial wellness through affordable, competitive and flexible benefits. We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve. Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
Job Description: This job is responsible for assisting in the coordination of all sales efforts for the Alternative Investments platform and all strategies regarding clients. Key responsibilities include acting as a subject matter expert, educating an audience on the different solutions and best practices with implementations or portfolio construction. Job expectations include being proactive in scheduling meetings within respective territories, being resourceful, partnering with field based specialists, and coordinating third party wholesalers or regional events and roadshows.
- Assists in coordination of third party wholesalers and regional events with fund managers to educate advisors and clients on strategies and products
- Acts in proactive manner when it comes to scheduling meetings and providing strategic and subject matter expertise support to advisors
- Operates as subject matter expert on alternative investments and the platforms and strategies that are provided
- Utilizes networking skills to maintain and build new trusted partnerships with advisors in the territory
- Partners with field based specialists as well as other support partners across business acting as the dedicated home-office based resource covering a territory
- 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
- 2-5 years+ experience in financial services
- Ability to explain complex concepts clearly and simply
- Ability to make presentations effectively
- Highly motivated and organized
- 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, Series 66, and SIE licenses are preferred at the time of hire; otherwise, candidates must be able to obtain them within 120 days of hire.
- 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
- High School Diploma / GED / Secondary School or equivalent
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 information Pay range $107,000.00 - $140,200.00 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.
Privacy Statement: https://careers.bankofamerica.com/en-us/privacy-notice
At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day. One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We're devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being. Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization. Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!
Learn about some of the ways Bank of America is making a difference in the communities we serve.
Learn about the six areas that guide Bank of America's efforts to help make financial lives better for customers, clients, communities and our teammates.
Each employee brings unique skills, background and opinions. We see opportunity and inclusion as our platform for innovation and a key component in our success.
Learn about our four values that represent what we believe.
Pay Transparency: https://careers.bankofamerica.com/en-us/pay-transparency
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