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Business Development Associate
$91k-116k (estimate)
Full Time | Securities 3 Weeks Ago
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Star Mountain Capital is Hiring a Business Development Associate Near Tampa, FL

Star Mountain Star Mountain is a rapidly growing, specialized private investment firm focused on the large and less competitive lower middle-market – businesses that generally have between $5 million and $50 million in annual EBITDA (“LMM”). The firm employs three complementary strategies: private credit, private equity and secondary credit and PE fund investing, all focused within North America. The Firm’s track record, business model, growth trajectory and award-winning culture provide compelling career opportunities for driven and talented individuals. Culture is a core principle which includes long-term alignment of interest with 100% of U.S. employees participating in investment profits. The Firm has over $3 billion in assets under management and expects strong continued growth based on its performance, distinctive investment approach and its diversified investor base of domestic and global institutions (including public pensions, corporate pensions, insurance companies, commercial banks, endowments, foundations, and family offices) and individuals. Star Mountain values team players with positive, solutions-based attitudes complemented by a strong work ethic and is heavily committed to long-term training and career development. The Firm is 100% employee-owned with material long-term wealth creation opportunity for dedicated, entrepreneurial professionals. Dynamic team of over 70 full-time people and 40 Senior Advisors / Operating Partners.

The senior team has over 500 years of collective investment experience including prior leadership experience at Blackstone/GSO, CD&R, Goldman Sachs, Citigroup, J.P. Morgan, Merrill Lynch, and Thoma Bravo.

For the last four consecutive years, Star Mountain was recognized as one of the Best Places to Work by both Crain’s and Pensions & Investments. The Business Development Associate position will support Star Mountain Capital's growth strategy by pursuing, establishing, and maintaining relationships with prospective clients and current investors.

Position Description:

Support one or more Managing Directors with the growth of their underlying business:

  • Assist in prospecting efforts by identifying targets, doing prospect research, organizing lists maintaining detailed notes using CRM technology.
  • Manage CRM by updating and maintaining pipeline, driving short/medium term follow up activities, and oversee the maintenance of dashboards, reports, etc.
  • Attend all calls/Teams meetings taking detailed notes, potential travel to in-person meetings, log notes into CRM.
  • Manage all meeting follow ups by assisting with follow up items from calls/meetings, coordinate responses working with internal teams, and oversee material follow up requests.
  • Assist with territory management by developing/tracking KPIS, conduct periodic territory reviews, assist in developing a plan to drive business growth.
  • Develop an invitations list through warm/cold calling, drive attendance to potential meetings/events.
  • Book and manage complex, and at times, last minute travel arrangements, international and domestic.
  • Assist with client services facilitating client/prospect responses by coordinating with internal team members.

This role is for you if you have:

  • 2-4 years of experience in finance, client services, financial services, other sales related fields.
  • A bachelors degree (degree in finance or financial services related field, a plus.)
  • A great attitude and work ethic.
  • Strong verbal and written communication skills.
  • Attention to detail and proficiency with Microsoft product suite and CRM technology (e.g., Word, PowerPoint, Excel power user).
  • High energy / self-starter – excited to work hard in an entrepreneurial, fast-paced environment building a dynamic organization.
  • A strong ability to focus on providing exemplary client service.
  • A strong background developing strategies in a team setting.
  • A solutions oriented and proactive approach to solving problems.
  • Desirous of long-term, high quality career with the opportunity to grow.
  • Location: Tampa, Florida
  • Timing: Immediate

Office Model:

Star Mountain Capital’s work model is designed to be in-office with a focus on team collaboration and apprenticeship style learning that connects our employees on many levels. Our team aligns to this model to increase meaningful moments that are not replicated in a remote experience. Employees who join our organization can count on this model to accelerate your onboarding, learning, and integration into the firm.

Compensation:

The typical salary for this position is between $75,000 & $85,000. The exact salary will be determined based on the candidate's qualifications, experience, and performance during the selection process. Employees are eligible for an annual discretionary bonus and other economics. Total compensation may vary by role, location, department, and individual performance.

Benefits:

Star Mountain Capital is committed to a healthy and engaged workforce. Our benefits are constantly evolving to support our employees’ needs today and in the future. We offer a highly competitive medical, dental, and vision package. Select other benefits include: 50% coverage on monthly gym memberships, a cell phone stipend, tuition support of job-related designations and learning and development opportunities, and other bespoke benefits.

Please submit resume through LinkedIn and if you would like to include additional information, kindly submit a cover letter and resume to: careers@StarMountainCapital.com with the subject line: “Business Development Associate - Full Name”.

Investing in the Growth Engine of America ®

www.StarMountainCapital.com

Job Summary

JOB TYPE

Full Time

INDUSTRY

Securities

SALARY

$91k-116k (estimate)

POST DATE

05/23/2024

EXPIRATION DATE

07/17/2024

WEBSITE

starmountaincapital.com

HEADQUARTERS

New York, NY

SIZE

100 - 200

INDUSTRY

Securities

Show more

Star Mountain Capital
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Star Mountain Capital
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The job skills required for Business Development Associate include Business Development, Prospecting, CRM, Leadership, Cold Calling, Written Communication, etc. Having related job skills and expertise will give you an advantage when applying to be a Business Development Associate. 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 Associate. Select any job title you are interested in and start to search job requirements.

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

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If you are interested in becoming a Business Development Associate, 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 Associate for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Business Development Associate job description and responsibilities

Assist the business development team with the development of a business model, project budget, scope of work document, and business strategy.

12/23/2021: Chillicothe, OH

Coordinate meetings, calls, and appointments with top management and customers to discuss new business prospects and expansions.

02/28/2022: Trenton, NJ

A business development associate helps companies to boost growth and sales.

01/30/2022: Saint Cloud, MN

Building and maintaining long lasting business relationships with clients.

12/20/2021: Rochester, MN

Business Development Associate also help to manage risk by performing risk analysis and consumer behavioral analysis.

01/24/2022: Bergenfield, NJ

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Business Development Associate jobs

Companies frequently seek employees with marketing, business management, or sales experience.

01/19/2022: Lincoln, NE

A skilled business developer can form and nurture long-term partnerships that lead to additional leads and closed deals.

01/27/2022: San Jose, CA

Prior experience with proposal development, contract negotiation and closing a contract preferred.

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The person should be keen to develop and understand the requirements of global business from both a Mauritius and the other main financial centers.

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They rely on knowledge, theory and hands-on experience to help businesses to grow.

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Step 3: View the best colleges and universities for Business Development Associate.

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