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Private Equity Product Specialist I - New York, NY

New York, New York

Job Description:

The Private Equity and Real Assets Origination Group strives to develop and maintain a comprehensive Alternative Investments offering set across client demographics and delivery platforms. 

Initiatives specifically include: 

  

Sourcing managers/funds 

Onboarding managers and launching funds, including: 

  • Determining offering and pricing structures 
  • Negotiating terms 
  • Driving initiatives that advance and support a robust AI platform that meets the unique needs of the private bank/institutional clients 
  • Managing existing products & external fund relationships 

Specific responsibilities for Origination efforts include: 

  • Developing fund marketing collateral and coordinating internal reviews 
  • Determining appropriate funds to offer to Merrill Lynch clients in conjunction with Sales and Due Diligence  
  • Developing an appropriate legal structure and operational process for each product 
  • Negotiating business and operating terms with fund managers 
  • Coordinating launching and oversight of AI Funds for the private bank/institutional investors, including the creation and maintenance of channel-specific materials 
  • Coordinating investment and business due diligence efforts 
  • Ensuring proper internal and external legal review 
  • Creating offering documents, contractual agreements, and business proposals 
  • Analyzing private equity organization and offering documents to determine business, legal, and headline risk 
  • Maintaining comprehensive knowledge of all private equity structures, terms, and industry trends 
  • Running product based analyses and comparisons to determine the competitive landscape 

Key Responsibilities 

Specific responsibilities for the management of existing products and external fund relationship efforts include: 

  • Maintaining fund marketing collateral 
  • Ongoing maintenance of platform offering documents 
  • Ongoing relationship management with fund managers 
  • Coordinating appropriate actions to address issues with existing private equity funds 
  • Drafting formal communications for Merrill Lynch Financial Advisors and clients  

Qualifications include:

  • Bachelors degree (concentrated in Finance or Business preferred) 
  • Series 7, 63 & 65 or 66 preferred or must be willing to obtain within 120 days of start date 
  • Excellent written and verbal communication skills 
  • Proficiency in Excel and PowerPoint 
  • Knowledge of financial markets 
  • Demonstrated capability to work in a team environment 
  • Ability to simultaneously manage and execute multiple projects  
  • Ability to coordinate with other areas of the GWIM organization 

Enterprise job code summary: Typically acts as the secondary coverage for clients. Extensive product knowledge. Interacts with clients to execute complex product transactions that generate significant revenue. Works under direction of more senior associates.


  •  

Job Band:

H5

Shift: 

1st shift (United States of America)

Hours Per Week:

40

Weekly Schedule:

​Mon - Fri

Referral Bonus Amount:

0

Job Description:

The Private Equity and Real Assets Origination Group strives to develop and maintain a comprehensive Alternative Investments offering set across client demographics and delivery platforms. 

Initiatives specifically include: 

  

Sourcing managers/funds 

Onboarding managers and launching funds, including: 

  • Determining offering and pricing structures 
  • Negotiating terms 
  • Driving initiatives that advance and support a robust AI platform that meets the unique needs of the private bank/institutional clients 
  • Managing existing products & external fund relationships 

Specific responsibilities for Origination efforts include: 

  • Developing fund marketing collateral and coordinating internal reviews 
  • Determining appropriate funds to offer to Merrill Lynch clients in conjunction with Sales and Due Diligence  
  • Developing an appropriate legal structure and operational process for each product 
  • Negotiating business and operating terms with fund managers 
  • Coordinating launching and oversight of AI Funds for the private bank/institutional investors, including the creation and maintenance of channel-specific materials 
  • Coordinating investment and business due diligence efforts 
  • Ensuring proper internal and external legal review 
  • Creating offering documents, contractual agreements, and business proposals 
  • Analyzing private equity organization and offering documents to determine business, legal, and headline risk 
  • Maintaining comprehensive knowledge of all private equity structures, terms, and industry trends 
  • Running product based analyses and comparisons to determine the competitive landscape 

Key Responsibilities 

Specific responsibilities for the management of existing products and external fund relationship efforts include: 

  • Maintaining fund marketing collateral 
  • Ongoing maintenance of platform offering documents 
  • Ongoing relationship management with fund managers 
  • Coordinating appropriate actions to address issues with existing private equity funds 
  • Drafting formal communications for Merrill Lynch Financial Advisors and clients  

Qualifications include:

  • Bachelors degree (concentrated in Finance or Business preferred) 
  • Series 7, 63 & 65 or 66 preferred or must be willing to obtain within 120 days of start date 
  • Excellent written and verbal communication skills 
  • Proficiency in Excel and PowerPoint 
  • Knowledge of financial markets 
  • Demonstrated capability to work in a team environment 
  • Ability to simultaneously manage and execute multiple projects  
  • Ability to coordinate with other areas of the GWIM organization 

Enterprise job code summary: Typically acts as the secondary coverage for clients. Extensive product knowledge. Interacts with clients to execute complex product transactions that generate significant revenue. Works under direction of more senior associates.


  •  

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Learn more about this role

Full time

JR-21043470

Band: H5

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