UHNW Capital Markets Specialist
Company: Disability Solutions
Location: New York
Posted on: October 16, 2024
Job 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!The Senior Capital Markets Specialist within
the Investment Solutions Group (ISG) Capital Markets Specialist
organization, trains and supports Financial Advisors and their
clients in the appropriate recommendation and utilization of
Capital Markets products and solutions. The UHNW Capital Markets
Specialist will be part of the ISG Specialist organization and be
responsible for delivering market insights, portfolio positioning
and trade level investment guidance to Ultra High Net Worth
Financial Advisors and clients. Responsibilities will include
synthesizing the intellectual capital content produced across the
firm and proactively delivering personalized insights on macro
economic and market views, portfolio positioning recommendations
and offering cross-asset tactical and thematic ideas and product
agnostic implementation guidance. Responsibilities include:
- Partner with select group of Merrill Private Wealth and UHNW
focused Financial Advisors and their clients to deliver market
insights and cross-asset implementation and trade ideas. This will
include viewpoints on the macro-economic and market environment,
personalized portfolio positioning opportunities (sector, region,
theme, credit, duration, rates, etc..) and trade level
recommendations using a product agnostic approach
- Synthesize the intellectual capital from across the firm (CIO,
Bank of America Research, Global Markets Institutional Sales &
Trading, GWIM Trading, etc..) and utilize investing expertise to
translate that content into a concise investment view and
actionable implementation recommendations.
- Develop expertise across core capital markets implementation
solutions and UHNW Capital Markets products, including: single
stocks, listed options, ETFs, Market Linked Investments (Structured
Notes), Closed End Funds, Exchange Funds, OTC Derivatives,
etc..
- Partner with other ISG Specialists across Investment Advisory,
Alternative Investments, Portfolio Consulting and Retirement to
ensure that appropriate solutions are presented to clients to
achieve investment goals, regardless of the product or
platform
- Own the capital markets relationship with the Private Wealth
Field Leaders in assigned territory (Branch Management, Regional
Executives, etc...) to understand and execute on assisting them
with their asset, household and revenue growth and client retention
goalsDesired Skills:
- Strong investing background with experience in equity/credit
research (buy or sell side), equity/fixed income sales (wealth or
middle markets), portfolio management or derivatives would be
appropriate.
- Bachelor's degree required.
- 15+ yrs experience Financial Services experience, preferably in
equity research, equity portfolio management, wealth management or
middle market institutional capital markets (preferably equity)
sales
- Client facing experience and ability to engage with
sophisticated clients, including UHNW individuals and Family
Offices
- Demonstrated ability to understand and analyze complex
investing concepts and products, while being able to communicate
those complex topics in an easy to understand manner
- Public speaking ability across multiple settings will be
critical. Role will require presentations to large client/Advisor
audiences, in small group settings and one-on-one meetings.
- 7,66 required or ability to get within 120 days.Shift:1st shift
(United States of America)Hours Per Week: 40Pay Transparency
detailsUS - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER
(NY1100)Pay and benefits informationPay range$198,000.00 -
$295,900.00 annualized salary, offers to be determined based on
experience, education and skill set.Discretionary incentive
eligibleThis role is eligible to participate in the annual
discretionary plan. Employees are eligible for an annual
discretionary award based on their overall individual performance
results and behaviors, the performance and contributions of their
line of business and/or group; and the overall success of the
Company.BenefitsThis role is currently benefits eligible. We
provide industry-leading benefits, access to paid time off,
resources and support to our employees so they can make a genuine
impact and contribute to the sustainable growth of our business and
the communities we serve.
Keywords: Disability Solutions, Brick , UHNW Capital Markets Specialist, Other , New York, New Jersey
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