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    Product Specialist - New York, United States - Bank of America

    Bank of America
    Bank of America New York, United States

    2 weeks ago

    Bank of America background
    OTHER
    Description
    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

    Job Description:
    Acts as the senior product representative on a client team and is solely responsible for all product transactions with key clients. 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. Develops aggressive marketing plans and strategies affecting an entire region or section. Individuals in this role are typically a third year Principal.

    Responsibilities:

    -Partner with private equity/hedge fund origination team and operations team to onboard new funds to the Alternative Investments Platform

    -Respond to inquiries on existing funds from financial advisors and sales team

    -Maintain relationships with fund managers/administrators and develop financial advisor communications

    -Act as liaison for operational issues between Alternative Investments and fund managers/administrators

    Required Qualifications:

    -Bachelor's Degree required, preferably in business

    -Six plus years alternative investments or 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 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


    Minimum Education Requirement: Bachelors degree required, preferably in Business

    Shift:
    1st shift (United States of America)

    Hours Per Week:
    40
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