Bank Of America Private Equity Real Assets Sourcing Origination Senior Product Specialist 

United States, New York, New York 

437688663

Job Description:

Job Description:

In addition to product sourcing, deal negotiating and feeder fund structuring this position may require connectivity with financial advisors and clients to execute complex product transactions across private placements and RICs.

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

• 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

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

Required Qualifications:

• Knowledge of financial markets required, a lean toward private markets preferred.
• Demonstrated capability to work in a team environment
• Ability to manage and execute multiple projects
• Excellent written and verbal communication skills
• Bachelor’s degree (concentrated in Finance or related field)

• 8-10+ years of alternative experience, preferably within private equity origination or deal sourcing

• 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
• Product Management

Bachelors degree

1st shift (United States of America)