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About the Role
Bank of America is seeking a product representative to negotiate operational fund onboarding requirements with fund managers and transfer agents. This role requires extensive product knowledge and the ability to handle transactions independently, while managing client relationships and coordinating all aspects of a transaction from onboarding to the ongoing client/advisor experience.
Responsibilities
- Partners with private equity/hedge fund origination team and operations team to onboard new funds to the Alternative Investments Platform
- Responds to inquiries on existing funds from financial advisors and sales team
- Maintains relationships with fund managers/administrators and develop financial advisor communications
- Acts as liaison for operational issues between Alternative Investments and fund managers/administrators including review of AML documents
- Manages ongoing investor experience including subscriptions, tender/redemption process, tax reporting and transfers
Requirements
- 3-5+ years of general financial services experience
- Strong communication skills, ability to collaborate across business groups
- Ability to multi-task and simultaneously manage daily responsibilities and projects
- Self-starter and creative thinker
- History of process improvement
- Excel, Word, Copilot and PowerPoint skills
Skills
- Analytical Thinking
- Customer and Client Focus
- Financial Forecasting and Modeling
- Monitoring, Surveillance, and Testing
- Risk Management
- Causation Analysis
- Client Management
- Market Analysis
- Product Marketing and Branding
- Relationship Building
- Negotiation
- Networking
- Presentation Skills
Location
- US - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100)
Work Type
- Onsite
- Full-time
Experience Level
- 3-5+ years of general financial services experience
- 2+ years experience in alternative investments
Education Level
- Bachelor’s Degree, preferably in business
Salary/Compensations
- $100,800.00 - $151,800.00 annualized salary
Benefits
- Discretionary incentive eligible
- Eligible for annual discretionary award
- Industry-leading benefits
- Access to paid time off
- Resources and support
About the Company
- At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection.
- We drive Responsible Growth and deliver 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.
- We value the unique perspectives individuals bring from all backgrounds and career paths.
- 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!
Equal Opportunity
- 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.