Bank of America Head of GWIM Capital Markets in New York, New York

Job Description:

Background:

The Investment Solutions Group is responsible for managing the core investment products, platforms and specialists for the Global Wealth and Investment Management (GWIM) business. The ISG team includes approximately 350 professional across Capital Markets, Alternative Investments, Managed Investments (Mutual Funds, SMAs, ETFs), as well as the Fiduciary Program. In addition, there are approximately 150 specialists who work closely with Advisors and field leadership regarding investment solutions.

One of the core areas within the investment products team is the Capital Markets business. The Capital Market business includes:

  • Secondary Equities

  • Secondary Fixed Income

  • New Issues: Equity, Debt, UITs, CEFs

  • UNHW Solutions: Rates, Currency, FX

  • Market Linked Investments

The Capital Markets team provides product sourcing, service and support across all of the above business areas for both the brokerage and investment advisory business.

Job Description

Senior executive responsible for leading the Capital Markets Business (Head of GWIM Capital Markets). This executive is responsible for managing all aspects of the GWIM Capital Markets business including:

  • Financial Management: Revenue and expense plan across all categories

  • Talent Management: Evaluating and managing team of approximately 100 investment professionals.

  • Ensuring strong operating procedures including Best Execution (Brokerage and Investment Advisory)

  • Managing alignment with all regulatory requirements and policies / procedures, including regular engagement with regulators

  • Coordination and alignment of core initiatives with key stakeholders including operations and technology

  • Management of points of integration / collaboration with Global Markets

  • Successful transition / implementation of Broker Dealer Separation work (day 1 and on-going)

The executive should have 10+ years’ experience within the Wealth Management business, with extensive background in product management and/or capital markets activity.

This role reports directly into the head of the Investment Solutions Group.

Posting Date : 05/16/2018

Location :

New York, NY, BANK OF AMERICA TOWER, ONE BRYANT PARK,

  • United States

Travel : Yes, 10% of the time

Full / Part-time : Full time

Hours Per Week : 40

Shift : 1st shift

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