Business Development Specialist - Asset Management
Ropes & Gray LLP - New York City, NY
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Ropes & Gray is a preeminent, global law firm. The firm has been ranked in the top-three onThe American Lawyer'sprestigious 'A-List' for seven years and is ranked #1 onLaw.com International's'A-List' in the U.K.—rankings that honor the 'Best of the Best' firms.The firm has approximately 2,500 lawyers and professionals serving clients in major centers of business, finance, technology, and government inBoston,Chicago,Dublin,Hong Kong, London,Los Angeles,New York,San Francisco,Seoul,Shanghai, Silicon Valley,Singapore, TokyoandWashington, D.C.The firm has consistently been recognized for its leading practices in many areas, including asset management, private equity,M&A, finance, real estate, tax, antitrust, life sciences, health care, intellectual property, litigation & enforcement, privacy & cybersecurity, and business restructuring.Ropes & Gray is an equal opportunity employer.About Business Development at Ropes & Gray:The Business Development Department’s objective is to grow firm revenue and take market share by:a) expanding existing client relationships via industry, practice and client team effortsb) identifying and developing new client pursuits and business initiativesThe Business Development Department is part of a broader business support organization with a collaborative work environment. We are a specialist business support function with a range of offerings focused solely on business development in the firm’s practice groups, industry groups and client teams including new business pursuit; key account management; BD skills & coaching; pitches, proposals, RFPs; and client feedback.Working closely with the Director of Business Development (DBD) and Senior Business Development Manager (SBDM), the BDS will provide business development and client development support in the context of the industry and practice groups’ strategic and commercial priorities.Specifically, the BDS will work closely with the SBDM, lawyers and business support colleagues to:execute business development and marketing efforts for theAsset Management Industry Group and Asset Management Practice Groupidentify and target new clientssupport lawyers in developing relationships with clients and to deliver practice group products and knowledge marketingEssential Capabilities:The candidate we are looking for will have:experience working in a business development role at a law firm or related professional services firm (familiarity with the asset management industry is a plus)strong organizational and time management skillsattention to detailoutstanding verbal and written communication skills and a high EQa positive, can-do attitude and the desire to be a key contributor in a team environmentexperience collaborating across departments at, above and below their levelDevelop an understanding of the Asset Management Industry Group and Asset Management Practice Groups’ objectives, helping to identify, assess, and pursue new clientsHelp to drive the development of existing client relationships in collaboration with other relevant business support colleagues, including:organizing, participating in, and maintaining business development meetings and being responsible for certain aspects of client and prospect development effortsdeveloping a strong knowledge of the asset management industry and practice, including by commissioning and conducting business research to keep abreast of industry/market trends and intelligenceSupport pitching and new business generation by:executing pitches, proposals, and RFP responsesmaintaining up-to-date pitch content, materials, and client informationparticipating in scoping and preparation for in-person meetings and pitchesWork with the BDM and marketing team and other business support colleagues to:identify opportunities to create and implement integrated branding and profile-raising campaignsassess market conference opportunities and advise the lawyers on selection, participation, and executionidentify the appropriate client and market targets for the delivery of knowledge marketingBuild a good working knowledge of adjacent practice and industry group services and a clear understanding of relevant group's strategy, priorities, and clientsCommunicate best practice business development activities and successes across the groupAn undergraduate degree is requiredThree plus years of experience in business development within a professional services firmFamiliarity with the asset management industry or asset management law is a plusRopes & Gray is proud to offer a comprehensive Total Rewards package to our business support team members. The firm also offers comprehensive health and well-being benefits, personal and professional development, career growth opportunities and a collegial and supportive culture. The anticipated pay range for this role is $72,500 - $108,000, which represents our good faith and reasonable estimate of the starting salary range at the time of posting. In addition, this role is eligible for a discretionary bonus based on performance. The actual offered rate for this position will be determined based on job-related, non-discriminatory factors, including qualifications and experience, geographic location, education, external market data and consideration of internal equity.This position requires hybrid on-site presence as an essential function of the role. Consistent and predictable on-site presence is required for ongoing business continuity, professional development and effective collaboration with colleagues and management.
Created: 2024-09-07