Strategy Head

3 weeks ago


New York, New York, United States Bank of America Full time

Job Description:

As a member of the Merrill organization, the Investment Solutions Group is dedicated to providing top-notch investment strategies, platforms, solutions, and assistance for clients in all wealth management sectors (including Merrill and the Private Bank).

What you'll be doing:

  • Source high-quality hedge fund offerings for Merrill and Private Bank clients, staying ahead of the wealth management client base's needs, monitoring industry trends and new product development, and leveraging asset manager connections to discover new offerings.
  • Negotiate business terms like offering and price structures, exclusivity, capacity, and protection rights for Merrill and Private Bank clients, and draft distribution agreements with asset managers.
  • Coordinate the fund launch process by working with asset managers, CIO due diligence, platform, operational, and distribution teams.
  • Serve as the main contact for third-party asset managers, building strong relationships and aligning third-party managers with Merrill's goals.
  • Act as the key link between asset managers and internal teams, keeping clients, financial advisors, and internal teams informed about important fund updates.

What we need from you:

  • Over 8 years experience in the alternative investments industry, direct relevant work experience is a plus.
  • Highly organized and detail-oriented with strategic thinking capabilities.
  • Excellent communication, interpersonal, and presentation skills.
  • Ability to work independently and collaboratively across all levels within the organization.
  • Strong project and time management skills, with the ability to lead cross-functional work efforts.
  • Capability to identify, prioritize, and execute business priorities effectively.
  • Passion for mentoring junior team members, delegating responsibilities, and guiding them through challenges.
  • Bachelor's degree required; advanced degree preferred (MBA or CFA; CAIA designation is a plus).
  • Preferred candidates currently holding Series 7 and Series 66 (or Series 63 and 65) licenses. Consideration may be given to candidates without current licenses, but willing to obtain them after starting the role.

Shift:

1st shift (United States of America)

Hours Per Week:

40

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