Market Linked Sales Desk Specialist

4 weeks ago

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

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. 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

THE OPPORTUNITY:

The position supports Financial Advisors in the appropriate recommendation and utilization of Capital Markets solutions, particularly Market-Linked Investments (structured notes), via our internal sales desk in New York. This role requires communicating with Financial Advisors and their team members on a daily basis to educate and inform them on the details of various capital markets solutions, assist in order entry, support the secondary market, and generally educate on underlying structures and indices. Additionally, internal sales specialist will support the external specialists and their sales related activities.

Job Responsibilities:

Providing Financial Advisors with a high level of service and technical expertise on Market Linked Investments (MLI) and how they can be incorporated into client portfolios where appropriate. Successful candidate will be assigned two coverage territories to support the External/Hybrid Capital Markets Specialists in those territories. They will be responsible for both a dedicated segment of FAs in those territories and fostering greater adoption of MLIs with those FAs, as well as support their external/hybrid CM Specialists coverage efforts.Remaining current on market trends across all major asset classes (equities, fixed income, etc. ) and being versed in the BofA Global Research and CIO views within those asset classes. A key skill in order to achieve success in this role will be the ability to communicate tactical and strategic market views and how to express those views across all capital markets products (MLI, derivatives, cash securities, etc. )Remaining current on all capital markets products and underlying derivative structures, help create awareness of these solutions and identify opportunities for FAs to engage in discussions with Capital Markets trading, strategy and origination teams to determine appropriate solutions for client needs.Lead business critical daily, weekly and monthly tasks necessary to facilitate the launch of the MLI calendar, notification to FAs of maturing MLI s in their book and maintenance of the primary sales and product internal websiteRequired:Series 7 and 66 licenses Previous experience supporting Financial Advisors Strong communication and organizational skills (phone skills, virtual presentations and in-person 1x1 and group presentations)Ability to work well in a fast paced team atmosphereBachelor s degree in related fieldDesired:Prior Market-Linked Investment or derivatives experience is preferredShift:1st shift (United States of America)Hours Per Week: 40

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