Bank of America MSG Product Specialist - Jersey City, NJ in Jersey City, New Jersey

Job Description:

Merrill Lynch Global Wealth and Retirement Services (GWRS) provides a comprehensive set of investment products and services, as well as retirement solutions, to the companys clients and financial advisors globally. GWRS provides the products, tools and content that enables our advisors to help their clients meet their goals while building lasting, productive relationships

Trade Administration associates are responsible for the maintenance and accuracy of the security, client, and transactional data required to support the portfolio implementation functions of the adviser. Previous experience in asset management is not required. Candidates should be analytical, operate well in a team environment, and have strong communication skills. An educational background in Investments or Finance is a plus.


Suitability and on-boarding of client accounts.

Processing of clients account maintenance transactions.

Liaison to the custodians account enrollment and reconciliation groups.

Identify and analyze daily transactional issues, ensuring that the information is accurately reflected in the portfolio accounting system.

Provide daily pre and post-trade support to the Portfolio Overlay Management Team, discretionary investment managers and DVP accounts.

Communicate corporate action elections to custodians and ensure that corporate action events are accurately processed in client accounts.

Enhance knowledge of all roles within the Trade Administration Team and Portfolio Overlay Management Team.

This position requires frequent interaction with stakeholders across the entire GWIM organization, including Merrill Lynch Financial Advisors, US Trust Portfolio Managers, MSG Product management, IM&G, Legal, Risk, Compliance, and Technology and Operations.

Enterprise Job Description:

Responsibilities include monitoring the performance of a domestic discretionary or non-discretionary, advisory product, which may include managing a product within the brokerage or institutional offering. Responsibilities include working with more senior Product Specialists in developing product plans, strategies and enhancements, and performing data collection and coordination activities.



Bachelors degree required.

Strong written and verbal communication skills

Strong time management and organizational skills ability to work in fast-paced high volume business.

Superior interpersonal skills necessary to communicate complex information a clear, concise and well-organized manner

Must be highly organized with strong attention to detail, self-motivated, strong work ethic and work effectively in a team environment

Posting Date : 12/21/2016

Location : US-NJ-Jersey City

Travel : Yes, 5% of the time

Full / Part-time : Full time

Hours Per Week : 40

Shift : 1st shift

Assistance for Applicants with Disabilities

Bank of America is committed to ensuring that our online application process provides an equal employment opportunity to all job seekers, including individuals with disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to submit an application, please visit the Applicants with Disabilities page at .

Diversity & Inclusion

At Bank of America, our commitment to diversity and inclusion is helping us to create not only a great place to work, but also an environment where our employees, our customers and our communities around the world can reach their goals and connect with each other. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.

Frequently Asked Questions

Need to know how to apply online, view a list of your submitted job applications or reset your password? Visit our FAQ at section for answers to these questions and more.