Private Equity and Real Assets Sourcing and Origination - Senior Product Specialist

Back to search results Private Equity and Real Assets Sourcing and Origination - Senior Product Specialist New York, New York Additional locations Apply × To proceed with your application, you must be at least 18 years of age. Acknowledge × Bank of America employees are required to meet all posting eligibility requirements prior to applying for any new position. Acknowledge Refer a friend Apply × To proceed with your application, you must be at least 18 years of age. Acknowledge × Bank of America employees are required to meet all posting eligibility requirements prior to applying for any new position. Acknowledge 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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates' physical, emotional, and financial wellness through affordable, competitive and flexible benefits.We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!Job Description:Acts as a senior product representative on a team and is responsible for product transactions with key fund sponsors. 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. The Private Equity/Real Assets Product Sourcing & Origination team strives to develop and maintain a comprehensive product offering calendar across Private Markets including: Private Equity, Credit, Real Estate, Infrastructure, Special Situations and Energy Transition within its Alternative Investments platform for various client demographics.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.The role is an integral part of the broader team Private Markets team responsible across the illiquid spectrum of Alternative Investments including private equity, real estate, real assets, credit and special situations as well as perpetual and evergreen offerings.Initiatives specifically include:Sourcing managers/fundsOnboarding managers and launching feeder funds and direct investmentsDetermining offering and pricing structuresNegotiating termsManaging external funds relationships while assisting on existing productsDriving initiatives that advance and support a robust Alternative Investments platform that meets the unique needs of the private bank / institutional clientsThe 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 situationsResponsibilities:Works in conjunction with Sales and due Diligence to determine appropriate funds to offer to ML clientsDevelops appropriate legal structure and operational process for each productAssists in determining pricing structuresNegotiates business and operating terms with fund managersCoordinates launching and oversight of private equity fundsCoordinates investment and business due diligence effortsEnsures proper internal and external legal reviewCoordinates internal review processesCreates contractual agreements and business proposalsAnalyzes private equity offering documents to determine business, legal and headline riskMaintains comprehensive knowledge of all private equity fund structures, terms and other industry trendsSpecific responsibilities for the management of existing products and external fund relationship efforts will include but not be limited to:Coordinates appropriate actions to address developing matters with existing fundsDrafts formal communications for financial advisors and clientsOngoing maintenance of platform collateralIntegration of offerings across the Bank of America platform Required Qualifications:8+ years of general financial industry experienceKnowledge of financial market required, a lean toward private markets preferredDemonstrated capability to work in a team environmentAbility to manage and execute multiple projectsExcellent written and verbal communication skillsSIE, Series 7, 63/65 or Series 66 or must be willing to obtain within 120 days of start dateDesired Qualifications:Bachelor's degree (concentrated in Finance or Business MBA preferred)Strong alternative experience, within private equity origination or deal sourcingSkills:Analytical ThinkingCustomer and Client FocusFinancial ManagementPresentation SkillsRisk ManagementBusiness DevelopmentClient ManagementClient Solutions AdvisoryMarket AnalysisNegotiationCausation AnalysisFinancial Forecasting and ModelingProduct ManagementRelationship BuildingResult OrientationShift:1st shift (United States of America)Hours Per Week: 40 Learn more about this role Apply × To proceed with your application, you must be at least 18 years of age. Acknowledge × Bank of America employees are required to meet all posting eligibility requirements prior to applying for any new position. Acknowledge Refer a friend Apply × To proceed with your application, you must be at least 18 years of age. Acknowledge × Bank of America employees are required to meet all posting eligibility requirements prior to applying for any new position. Acknowledge Full time JR-26024735 Manages People: No Travel: Yes, 5% of the time Age requirement: Must at least be 18 years of age. New York pay and benefits information New York pay range: $116,000.00 - $225,000.00 annualized salary, offers to be determined based on experience, education and skill set. Discretionary incentive eligible This 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. Benefits This 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 Share: Save job Job saved