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Strategy Head - Hedge Fund Origination & Product Management

Bank of America

Bank of America

New York, NY, USA
Posted on Wednesday, November 15, 2023

Job Description:

As part of the Merrill organization, the Investment Solutions Group strives to provide world-class investment strategies, platforms, solutions, and support for clients across all wealth management lines of business (including Merrill and the Private Bank).

The Hedge Fund Origination & Product Management team is responsible for originating, structuring, positioning and ongoing product management of hedge fund investments for Merrill and Private Bank clients.

Responsibilities include, but are not limited to:

• Responsible for sourcing best in class hedge fund offerings for Merrill and Private Bank clients; must anticipate needs of wealth management client base, understand industry trends and new product development, and utilize network of asset manager connections to find new offerings.
• Responsible for negotiating business terms, such as offering and price structures, exclusivity, capacity and protection rights for Merrill and Private Bank clients and drafting distribution agreement with asset managers
• Lead the fund launch process by coordinating across asset managers, CIO due diligence, platform, operational, and distribution teams
• Primary point of contact for third party asset managers, responsible for cultivating strong relationships and creating alignment between third party managers’ and Merrill’s goals.
• Act as primary liaison between asset manager and internal teams, communicating important fund updates to clients, financial advisors and to internal teams.
• The successful candidate will be a well-rounded individual who possesses strong interpersonal and communication skills.

Job Requirements:

• 8+ years in the alternative investments industry, direct relevant work a plus
• Highly organized and detail oriented with the ability to think and act strategically
• Excellent communication, interpersonal, and presentation skills
• Ability to work independently and collaboratively at all levels within the organization
• Strong project and time management skills; ability to lead cross functional work efforts
• Ability to identify, prioritize and execute timely business priorities
• Enthusiastic about educating junior members of the origination team, willing to delegate responsibility, and guide junior members through challenges
• Bachelor’s degree required; advanced degree desired (MBA or CFA; CAIA designation preferred)
• Strong preference for candidates to currently hold Series 7 and Series 66 (or Series 63 and 65). May consider candidates who do not currently possess required licenses, but willing to obtain after commencing the role.


1st shift (United States of America)

Hours Per Week: 


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