Bank of America Merrill Lynch -Global Wealth & Investment Management

Global Investment Solutions (GIS)
GIS is responsible for managing GWIM’s financial products, including mutual funds, stocks, bonds, new issue, insurance, alternative investments and structured products. A Full Time Analyst placed within GIS may work on one of the following teams:

 International Products
 Third-Party Mutual Funds
 Alternative Investments
 Equity, Options and Foreign-Exchange
Fixed Income
 Investment Management and Guidance
 Structured Investments Group
 Managed Solutions
 GIS Business Management

is this a part of financial advisor or also known as brokerage job? Anyone got an idea of what exactly this group is like?

 

Not broker Work on product side. Sourcing, improving, due diligence, sales, competitive analysis etc... It also breaks down to what you're doing within each group: ie: In Alt Inv, you could be in: reporting, due diligence, sales, operations, administration etc...Every dept has sub groups.

 

I dont know how bofaml is broken down nowadays. The umbrella GIS is NOT ops. However, within GIS you will have ops divisions like I mentioned above. It all depends on where you get placed.

Why do you need to get trained? Do you already know the systems? the people etc..

 

S&T maybe.. if you are placed in client sales group...

Signs of Recession: Banker: “Where’s me Bonus?” Yuppie: “Whadya mean I have to actually work?” Fox Rock Mum: “Lidl’s the place to be seen in now!” Cowen: “It’s not my fault that me and my party are complete f**k-ups - it’s the recession silly!”
 

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