Equity Hedge Fund Strategy Head

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The Equity Hedge Fund Strategy Head leads the evaluation and monitoring of Equity Hedge fund investments for the Bank’s wealth management division. The position sits within Chief Investment Office (CIO) Due Diligence (DD), part of the Investment Solutions Group (ISG). The Hedge Fund Investment Due Diligence team within CIO DD is dedicated to identifying the best hedge fund strategies to fulfill client asset allocation mandates across the Bank of America wealth management platforms. CIO DD supports Merrill and Private Bank clients and associates. This position will be based in New York City and will be responsible for:

• Monitoring existing Equity hedge funds on Bank of America’s wealth platforms, and tracking and maintaining portfolio information and other related data.
• Leading the sourcing and initial due diligence of prospective Equity Hedge Funds, including:
• Preparing commentary and data on hedge funds for use in Financial Advisor-facing publications.
• Tracking and assessing risk data, constructing investment reports, and assisting in various projects.
• Preparing written findings and presenting those findings to business partners, Financial Advisors, and clients.
• Fostering a positive culture and work environment for all teammates
• Mentoring analysts and senior analysts
• Evaluating stated strategies, investment processes, risk controls, team capabilities, fund particulars (such as structure, fees, liquidity terms and other factors) and an array of quantitative measures.

Requirements:

The successful candidate will possess the following:

• A network of contacts helpful in conducting research, such as relationships in the hedge fund community, or with prime brokers or sales and trading professionals would be helpful.
• A passionate interest in investments or finance and strong analytical, research, and organizational skills are required.
• Must have a Series 7 and 66 or achieve the licenses within 120 days or compliance guidelines
• Superior attention to detail and the ability to independently manage multiple projects in an accurate and timely manner is essential.
• Strong written and oral communication skills.
• Must be a team player with a desire to work in a collegial environment.
• Demonstrated ability to assess investment process, team, risk controls, and other fund particulars combined with the capability to evaluate whether they are being executed properly.
• An undergraduate degree from a top-tier educational institution is highly preferred. A graduate degree and/or CFA designation, or progress towards the CFA designation, would be highly beneficial.
• Ability to dig deeply into portfolios and understand the sources of return and the elements of risk.
• Strong quantitative and modeling skills and experience are required. A demonstrated ability to interpret statistics such as returns (measured over different time periods and market conditions) and risk measurements is essential.
• Twelve or more years of experience in the financial sector, with five or more years of Hedge Fund Due Diligence experience. Special consideration will be given to those with significant Equity Hedge Fund due diligence and/or equity investing experience.

Job Band:

H4

Shift:

1st shift (United States of America)

Hours Per Week:

40

Weekly Schedule:

Referral Bonus Amount:

0