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!

Acts as a senior product representative on a team and is responsible for product transactions with key fund sponsors. Negotiates fee structures. Has extensive, in-depth knowledge of product functions and can operate independently in handling transactions. Strong client relationship skills used to control and coordinate all aspects of a transaction, from marketing and documentation to closing.

The Private Equity/Real Assets Product Sourcing & Origination team strives to develop and maintain a comprehensive product offering calendar across Private Markets including: Private Equity, Credit, Real Estate, Infrastructure, Special Situations and Energy Transition within its Alternative Investments platform for various client demographics.

In addition to product sourcing, deal negotiating and feeder fund structuring this position may require connectivity with financial advisors and clients to execute complex product transactions across private placements and RICs.

The role is an integral part of the broader team Private Markets team responsible across the illiquid spectrum of Alternative Investments including private equity, real estate, real assets, credit and special situations as well as perpetual and evergreen offerings.

Initiatives specifically include:
• Sourcing managers/funds
• Onboarding managers and launching feeder funds and direct investments
• Determining offering and pricing structures
• Negotiating terms
• Managing external funds relationships while assisting on existing products
• Driving initiatives that advance and support a robust Alternative Investments platform that meets the unique needs of the private bank / institutional clients
• The Private Equity/Real Assets Product Origination team strives to develop and maintain a comprehensive product offering calendar across its Alternative Investments platform for various client demographics.
• In addition to product sourcing, deal negotiating and feeder fund structuring this position may act as secondary coverage for financial advisors and clients to execute complex product transactions across private placements and RICs.
• The role works alongside the broader team Private Equity/Real Assets Origination team responsible across the illiquid spectrum of Alternative Investments including private equity, real estate, real assets, credit and special situations

Job Responsibilities:

• Works in conjunction with Sales and due Diligence to determine appropriate funds to offer to ML clients
• Develops appropriate legal structure and operational process for each product
• Assists in determining pricing structures
• Negotiates business and operating terms with fund managers
• Coordinates launching and oversight of private equity funds
• Coordinates investment and business due diligence efforts
• Ensures proper internal and external legal review
• Coordinates internal review processes
• Creates contractual agreements and business proposals
• Analyzes private equity offering documents to determine business, legal and headline risk
• Maintains comprehensive knowledge of all private equity fund structures, terms and other industry trends

Specific responsibilities for the management of existing products and external fund relationship efforts will include but not be limited to:

• Coordinates appropriate actions to address developing matters with existing funds
• Drafts formal communications for financial advisors and clients
• Ongoing maintenance of platform collateral
• Integration of offerings across the Bank of America platform

Required Qualifications:

• 8+ years of general financial industry experience with preference of strong alternative experience, within private equity origination or deal sourcing
• Knowledge of financial market required, a lean toward private markets preferred
• Demonstrated capability to work in a team environment
• Ability to manage and execute multiple projects
• Excellent written and verbal communication skills
• Series 7 and 66 preferred at time of hire or must be willing to obtain within 120 days of start date

Desired Qualifications:

• Bachelor’s degree (concentrated in Finance or Business MBA preferred)

Skills:

• Analytical Thinking
• Customer and Client Focus
• Financial Management
• Presentation Skills
• Risk Management
• Business Development
• Client Management
• Client Solutions Advisory
• Market Analysis
• Negotiation
• Causation Analysis
• Financial Forecasting and Modeling
• Product Management
• Relationship Building
• Result Orientation

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Job Tags

Full time, Work at office, Shift work, Day shift,

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