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Business Development Specialist

New York City, NY | Full Time
Just Posted

Job Description

About the Role

The Business Development team plays a key role supporting Pagaya’s rapid growth across the alternative credit and wider alternative asset management industry. This hire will partner closely with the team  to forge new strategic partnerships with diverse and sophisticated institutional investors from around the globe.

The ideal candidate will demonstrate the ability to think critically about new client opportunities and be project-oriented, with the executive presence to independently engage clients and help drive investment allocations from start to finish across an institutional sales cycle. The role requires a driven and motivated self-starter and will have a meaningful level of responsibility from the outset.

Responsibilities

  • Researching and qualifying new investors
  • Developing and nurturing strategic relationships with top LP’s
  • Working closely with Senior Institutional Sales to assist in pitch meetings and investor communications
  • Spearheading the institutional investment cycle
  • Executing a targeted number of bespoke outbound engagements to potential investors
  • Exploring the investment universe and positioning Pagaya’s funds against the competitive landscape of alternative managers
  • Maintaining CRM and using integrated marketing automation tools

Requirements

  • Prior experience in the asset management industry, preferably in Business Development/Sales and focusing on credit from a top tier institution
  • Entrepreneurial, and highly relationship oriented, a creative problem solver, and unwaveringly professional
  • Proficiency in Microsoft Office, CRM and marketing automation tools, investor database tools like Preqin, and IR software tools such as eVestment.
  • Excellent verbal and written communication skills
  • BA in Finance, Economics, or equivalent qualifications

Skills for Business Development Specialist

The job skills required for Business Development Specialist include Business Development, CRM, Self motivated, Written Communication, Microsoft Office, Responsibility etc. Having related job skills and expertise will give you an advantage when applying to be a Business Development Specialist. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Business Development Specialist. Select any job title you are interested in and start to search job requirements.

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Career Path for Business Development Specialist

The following is the career advancement route for Business Development Specialist positions, which can be used as a reference in future career path planning. As a Business Development Specialist, it can be promoted into senior positions as a Business Development Associate V that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Business Development Specialist. You can explore the career advancement for a Business Development Specialist below and select your interested title to get hiring information.

How to Become a Business Development Specialist

If you are interested in becoming a Business Development Specialist, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Business Development Specialist for your reference.

Step 1 Understand the job description and responsibilities of a Business Development Specialist

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