Business Development Specialist (Asset Management)
Ropes & Gray LLP
Ropes & Gray is a preeminent global law firm ranked in the top three on The American Lawyer's A-List for eight consecutive years and #1 on Law.com's UK A-List twice in the past three years. The firm has approximately 2,500 lawyers and professionals serving clients in major cities worldwide and is recognized for leading practices in asset management, private equity, M&A, finance, real estate, tax, antitrust, life sciences, health care, intellectual property, litigation, privacy & cybersecurity, and business restructuring. Ropes & Gray is an equal‑to‑opportunity employer. Overview The Business Development department’s commercial objective is to grow firm revenue and take market share, grow existing client relationships, and develop new client relationships in alignment with firm and practice goals. Responsibilities The Business Development Specialist (BDS) will be an integral member of the Business Development Team, working under the direction of the Business Development Manager to provide strategic, commercial, and practical support on the implementation of strategic and commercial business and client development priorities. The BDS will collaborate closely with business development and other colleagues across all global offices to support the development and execution of integrated marketing and business development plans that increase the firm’s brand, visibility, attract new clients, and drive client satisfaction and loyalty. Essential Functions Support the BDM on the development and execution of business development and marketing efforts designed to generate new business and improve market visibility for the Asset Management’s Private Funds practice. Develop an understanding of the Private Funds group’s ambitions, helping to identify, assess, and pursue new clients. Support the BDM in maintaining internal reporting and communication frameworks to track progress and share outcomes. Support the development and implementation of AI‑enabled business development practices and leverage AI tools for research, pitches, and RFP responses. Help to drive the development of existing client relationships in collaboration with relevant business support colleagues, including: organizing, participating in, and maintaining business development meetings and being responsible for certain aspects of client and target development efforts. developing a strong knowledge of the Private Funds group through business research to keep abreast of industry and market intelligence and sharing relevant insights. Support pitching and new business generation by assisting the BDM in project managing pitches, proposals, and RFPs, ensuring timely completion, document storage and follow‑up actions, including: maintaining up‑to‑date pitch content, materials, and client information; participating in scoping and preparation for in‑person meetings and pitches; tracking wins and losses and follow‑up efforts. Work with the BDM and marketing team and other business support colleagues to identify opportunities to create and implement integrated branding and profile‑raising campaigns, assess market conference opportunities, advise the lawyers on selection, participation, and execution, and identify the appropriate client and market targets for delivery of knowledge marketing. Build a working knowledge of adjacent practice and industry group services and a clear understanding of relevant group strategy, priorities and clients to support the BDM in monitoring and identifying market opportunities and trends for client engagement. Support the BDM in onboarding and mentoring new team members and assist with attorney‑facing business development training initiatives as needed. Qualifications An undergraduate degree is required. Three to five years of experience in business development within a professional services firm or corporate environment. Superior client service orientation. Ability to quickly establish credibility with the BDM and key stakeholders. Team player with enthusiasm for developing relationships and engaging colleagues across the business. Self‑starter in a dynamic environment. Commercially minded and solution‑oriented. Excellent organization, communication, and project management skills. Attention to detail and accuracy. Strong oral and written communication skills. Ability to work to clear goals and priorities, multi‑task, and meet multiple deadlines. Creative and flexible, responding quickly and positively to shifting demands. Demonstrate creativity and initiative, continuously looking for ways to improve and implement positive change. Ability to thrive in a challenging and dynamic environment. Compensation And Total Rewards Package The firm offers a comprehensive Total Rewards package, including health and well‑being benefits, personal and professional development, career growth opportunities and a collegial culture. The anticipated pay range is listed below and the role is eligible for a discretionary bonus based on performance.
BOSTON / CHICAGO: 77,000 – 117,450
NEW YORK: 84,000 – 128,100
Working Conditions This position requires a hybrid on‑site presence. Consistent and predictable on‑site presence is required for ongoing business continuity, professional development and effective collaboration. #J-18808-Ljbffr Ropes & Gray LLP$77k - $117.45k
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