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Private Equity Senior Product Specialist - New York, NY

New York, New York

Job Description:

Job Description

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.

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

Key Responsibilities

Specific responsibilities for Origination efforts will include but not be limited to:

  • Working in conjunction with Sales and Due Diligence to determine appropriate funds to offer to ML clients
  • Developing appropriate legal structure and operational process for each product
  • Assisting in determining pricing structures
  • Negotiating business and operating terms with fund managers
  • Coordinating launching and oversight of private equity funds
  • Coordinating investment and business due diligence efforts
  • Ensuring proper internal and external legal review
  • Coordinating internal review processes
  • Creating contractual agreements and business proposals
  • Analyzing private equity offering documents to determine business, legal and headline risk
  • Maintaining 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:

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

Enterprise Role Overview:

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.

Qualifications

  • Bachelor’s degree (concentrated in Finance or Business MBA preferred)
  • 7-10+ years of alternative experience, preferably within private equity origination or deal sourcing
  • Knowledge of financial markets required, a lean toward private markets preferred.
  • Series 7 and 66 preferred or must be willing to obtain within 120 days of start date
  • Proficiency in Excel, Word and PowerPoint
  • Demonstrated capability to work in a team environment
  • Ability to manage and execute multiple projects
  • Excellent written and verbal communication skills

Job Band:

H4

Shift: 

1st shift (United States of America)

Hours Per Week:

40

Weekly Schedule:

Mon-Fri

Referral Bonus Amount:

0

Job Description:

Job Description

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.

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

Key Responsibilities

Specific responsibilities for Origination efforts will include but not be limited to:

  • Working in conjunction with Sales and Due Diligence to determine appropriate funds to offer to ML clients
  • Developing appropriate legal structure and operational process for each product
  • Assisting in determining pricing structures
  • Negotiating business and operating terms with fund managers
  • Coordinating launching and oversight of private equity funds
  • Coordinating investment and business due diligence efforts
  • Ensuring proper internal and external legal review
  • Coordinating internal review processes
  • Creating contractual agreements and business proposals
  • Analyzing private equity offering documents to determine business, legal and headline risk
  • Maintaining 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:

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

Enterprise Role Overview:

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.

Qualifications

  • Bachelor’s degree (concentrated in Finance or Business MBA preferred)
  • 7-10+ years of alternative experience, preferably within private equity origination or deal sourcing
  • Knowledge of financial markets required, a lean toward private markets preferred.
  • Series 7 and 66 preferred or must be willing to obtain within 120 days of start date
  • Proficiency in Excel, Word and PowerPoint
  • Demonstrated capability to work in a team environment
  • Ability to manage and execute multiple projects
  • Excellent written and verbal communication skills

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Learn more about this role

Full time

JR-21038477

Band: H4

Manages People: No

Travel: Yes, 10% of the time

Manager:

Talent Acquisition Contact:

Wayne Duncan

Referral Bonus:

0

Street Address

Primary Location:
ONE BRYANT PARK, NY, New York, 10036