Business Development Associate (Investment Sales)


Date: Jan 15, 2021

Location: New York, NY, US

Company: New York Life Insurance Co


A career at New York Life offers many opportunities. To be part of a growing and successful business. To reach your full potential, whatever your specialty. Above all, to make a difference in the world by helping people achieve financial security. It’s a career journey you can be proud of, and you’ll find plenty of support along the way. Our development programs range from skill-building to management training, and we value our diverse and inclusive workplace where all voices can be heard. Recognized as one of Fortune’s World’s Most Admired Companies, New York Life is committed to improving local communities through a culture of employee giving and service, supported by our Foundation. It all adds up to a rewarding career at a company where doing right by our customers is part of who we are, as a mutual company without outside shareholders. We invite you to bring your talents to New York Life, so we can continue to help families and businesses “Be Good At Life.” To learn more, please visit LinkedIn, our Newsroom and the Careers page of


Job Function & Key Responsibilities:


As a Business Development Associate you will be a valuable member of the New York Life Investment Management U.S. Retail Sales team. You will be exposed to on-the-job training within a fast-paced sales environment. NYLIM will sponsor you to acquire your FINRA series 7 and 63 licenses within your first 3 months of employment, allowing for significant internal growth.


As a Business Development Associate, you are responsible for providing support to the internal / external sales team and responsibilities mainly revolve around prospecting advisors within multiple territories. This role serves as a crucial part of the sales process as growing our client base is paramount to reaching our sales goals. You will work closely with the investment management sales team and relationship managers to support a high volume of requests in support of the New York Life / Mainstay Investment solutions (mutual funds, EFT’s private investments) and build/expand relationships with predetermined prospects/clients. This role provides an excellent entry point for individuals looking for a sales career in Investment/Asset management.


Required Qualifications:


  • Bachelor’s degree is required
  • Desire to pursue a role in sales (client facing)
    • Experience in a sales environment preferred
  • Interest and passion for capital markets, asset management and investment solutions
  • Strong relationship and communication skills, both verbal and written
  • Strong attention to detail and superior organization skills
  • Ability to work independently in a fast-paced environment
  • Ability to consistently have high volume of proactive phone activity
  • Able to thrive in a high-energy environment
  • Self-starter/self-motivated
  • Strong computer skills (Word, Excel, PowerPoint, email/calendars)
  • Strategic thinker and strong work ethic.
  • Bi-lingual, Spanish speaking is a huge plus
  • FINRA Series 7 and 63 licenses required within 3 months of start date.


Please note: This role requires FINRA licensed and/or FINRA Associated Person pre-hire fingerprinting.




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Job Requisition ID: 82930 

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