Business Development Analyst

Position Overview Magnetar is seeking a driven, intellectually curious Business Development Analyst to join our team in our Evanston or New York office. This individual will work closely with senior Business Development professionals to support the full scope of the Firm's investor relations and fundraising efforts — including marketing materials, investor communications, operational due diligence, and targeted prospecting campaigns. Responsibilities Helping to create and update marketing materials, including presentations, tear sheets, and DDQs Creating presentations for investor meetings, diligence and reporting purposes Supporting marketing roadshows and discrete fundraising campaigns, including coordination of meetings and providing requested materials Supporting and helping to coordinate investor Operational Due Diligence meetings Completing follow-up items from both investor and internal meetings, including any investor questionnaires and portfolio data requests Assisting in servicing existing investors and helping to build relationships with key junior members of investor's staff Leveraging AI and data tools to extract actionable insights from market intelligence, and partnering with Senior team members to design targeted investor prospecting and campaign strategies Monitoring and delivering on relevant investor reporting obligations Managing cross-functional projects and workstreams across the IRBD team, including tracking deliverables, timelines, and stakeholder follow-ups Identifying opportunities to create efficiencies in standard IRBD processes through the use of AI tools and automation Qualifications Undergraduate degree in Finance or Economics (or a closely related business degree) with strong academic performance record 1-3 years of total work experience in the financial services industry with a preference for experience in an Investment Banking seat or Investor Relations role with an asset manager, preferably in alternatives (such as a hedge fund, fund of fund or private equity firm) Exposure to working with institutional clients and investors a plus Excellent communication skills (written and verbal) Strong analytical ability Proficient in Microsoft Office (Word, PowerPoint and Excel) Intellectually curious with a willingness to experiment with emerging technology and apply new tools to solve business problems Positive attitude with willingness to contribute however and wherever possible Exceptional interpersonal skills, maturity and self-confidence to represent Magnetar both internally and externally A self-starter who thrives in a fast-paced environment, takes initiative to identify problems and build solutions, and proactively seeks ways to improve team processes and efficiency A strong sense of ownership, obligation, and personal accountability Compensation The annual base salary range for this position is $80,000 to $140,000 USD. The actual base salary will depend upon the candidate’s relevant experience, qualifications, skills, business needs and market. This role may be eligible for a discretionary bonus and if awarded is based on a variety of factors including firm and individual performance. Hiring Note Applicants must be authorized to work in the United States without the need for employer sponsorship now or in the future. Benefits We offer top-tier benefits including comprehensive health, dental and vision insurance, a 401k match, competitive paid time off, wellness programs, daily lunches, and professional development through Magnetar University. AI Disclaimer Magnetar uses AI tools such as Claude, an AI assistant developed by Anthropic, to support certain recruiting and talent acquisition activities, such as tracking candidates’ status in the recruiting process, interviewer preparation, and interviewer feedback consolidation. These tools may facilitate recruiting and hiring-related processes. Information processed may include application materials, resumes, interview notes, interviewer feedback, candidate status information, and related communications. Magnetar uses an enterprise version of Claude that operates in a closed-loop environment and does not permit information processed by the system to be publicly available. The AI tool currently used for these purposes is Claude, an AI assistant developed by Anthropic. Magnetar uses AI for the following types of positions: exempt positions. Hiring decisions are made by authorized Magnetar personnel. No AI tool makes or determines any employment decision. AI-generated output is used only as a support tool and is subject to human review. Magnetar does not rely solely on AI-generated output, including any score, tag, classification, ranking, recommendation, or similar output, with no other factors considered. Magnetar also does not use any such output as one of a set of criteria where the AI-generated output is weighted more than any other criterion, or to overrule conclusions derived from other factors, including human decision-making. Magnetar will not use artificial intelligence with respect to recruitment, hiring, promotion, renewal of employment, selection for training or apprenticeship, discharge, discipline, tenure, or the terms, privileges, or conditions of employment in a manner that has the effect of subjecting employees or applicants to discrimination on the basis of protected classes under the Illinois Human Rights Act or any other appliable law, or use zip codes as a proxy for protected characteristics. Magnetar is aware of fraudulent job post schemes, such as phishing emails, that invite candidates to apply and interview for positions at Magnetar. We take this matter very seriously. Please be aware that Magnetar does not send unprompted emails soliciting applications or offering interviews. If you have applied for a position at Magnetar through our Careers Page, any follow up communication will come from "@magnetar.com". Any emails from accounts that do not end in "@magnetar.com" are fraudulent. Suspicious messages can be reported to Magnetar at View email address on click.appcast.io. #J-18808-Ljbffr