Director, US Mutual Funds

Department Description: Merrill Lynch  Merrill Lynch is one of the world’s leading wealth management, capital markets and advisory companies, with offices on six continents.  We are a leading global trader and underwriter of securities and derivatives across a broad range of asset classes and serve as a strategic advisor to corporations, governments, institutions and individuals worldwide.  Global Wealth Management (GWM)Global Wealth Management (GWM) provides advice-based wealth management services and products to individual clients and businesses. The GWM business model is based on our network of more than 15,000 financial advisors (FAs) in nearly 700 offices around the world and the one-to-one relationships they develop with their clients. Every aspect of a client's financial life is considered, enabling financial advisors to become essential partners to their clients and provide customized financial planning and wealth management advice, products and services. GWM serves the myriad needs of high-net-worth individuals and small- and mid-sized business owners. Nearly two-thirds of assets under management come from relationships with clients who have investable assets of $1 million or more. We also serve thousands of individuals through employee retirement plans.Brief Description: Position Title: US Mutual Funds The US Mutual Funds role is responsible for the following key functions: ·  Product management for our US-based mutual fund offering across all retail and fee-based channels/platforms at ML. This includes product due diligence and approval, coordination of the mutual fund product and investment committee, product & capabilities “packaging,â€� continued development (with our Operations Unit) of the sophisticated omnibus mutual fund trading platform, and management of the sales agreement process with investment managersJob Responsibilities: Job Responsibilities Â·  Current offering includes more than 160 asset managers, more than 8,000 funds ·  Platforms include transactional business, discretionary advisory, non-discretionary advisory, third party and direct online ·  Mutual fund advice and guidance framework, designed to guide financial advisors and clients to our best portfolios among our comprehensive offering ·  Development of the mutual fund tools suite to facilitate FA productivity and FA/client interaction ·  Competitive intelligence vs. the industry, identifying opportunities and issues in our business Qualifications: Required Skills & Abilities Bachelors Degree required and Series 7, Series 66 and Series 24 licenses Minimum ten years of mutual fund product experience Sophisticated knowledge of mutual funds and the mutual fund industry, including competitive advantages, platforms and product offerings Sophisticated knowledge of regulatory, sales practice and pricing issues Sophisticated knowledge of product profitability and budget forecasting Experience building comprehensive business plans Command of capital markets and ML Research opinions relating to asset allocation and specific investment recommendations Proven effectiveness in a fast-paced, demanding, client-driven environment Must possess strategic thinking expertise and product innovation skills Strong Financial Advisor contact experience Proficiency in discussing markets, investment strategies, and investment policies  Familiarity with mutual fund trading and Merrill Lynch systems and operations Effective influencing and negotiation skills Strong written, verbal and communication skills Office Location: time will be split in New York City and Hopewell, NJ Merrill Lynch is an Equal Opportunity Employer. The Firm and its affiliates do not discriminate in employment because of race, color, religion, gender, national origin, veteran status, disability, age, citizenship, marital or domestic/civil partnership status, sexual orientation, gender identity or expression or because of any other criteria prohibited under controlling federal, state or local law. Please register and apply using this link : Merrill Lynch Careers Company Description: Merrill Lynch is one of the world's leading wealth management, capital markets and advisory companies, with offices in 38 countries and territories and total client assets of almost $2.0 trillion.Merrill Lynch offers a broad range of services to private clients, small businesses, and institutions and corporations, organizing its activities into two interrelated business segments - Global Markets & Investment Banking and Global Wealth Management, which is comprised of Global Private Client and Global Investment Management. As an investment bank, it is a leading global trader and underwriter of securities and derivatives across a broad range of asset classes and serves as a strategic advisor to corporations, governments, institutions and individuals worldwide.Merrill Lynch owns approximately half of BlackRock, one of the world's largest publicly traded investment management companies, with more than $1 trillion in assets under management.We're growing our business by helping clients grow theirs.Our client relationships are among our greatest competitive assets. We deepen and enrich these relationships through disciplined growth, innovation, and seamless execution.