What are the responsibilities and job description for the Business Development Associate position at RCP Advisors?
Position Summary
The Associate, Fundraising and Business Development, plays a vital role in supporting the team's efforts to secure investments and drive business growth. This position involves assisting with the creation of pitch materials, coordinating investor meetings, and tracking communications. The Associate will also contribute to market research, identify potential leads and support strategic initiatives.
In addition to supporting the team, this role offers significant opportunities for skill development in prospecting and pitching. The Associate will gain hands on experience in crafting investment pitches and engaging with potential investors, with the goal of leading their own pitches.
Duties and Responsibilities
- Assist the entire fundraising team with various tasks, including handling data requests, managing due diligence inquiries, planning travel and updating the pipeline.
- Collaborate with team members to handle tasks such as qualitative and quantitative data requests, cash flow analysis, and tracking ongoing fundraising opportunities for each investment strategy.
- Maintain firm’s proprietary CRM database by uploading accounts and contacts on a daily basis.
- Gain a comprehensive understanding of pitching RCP and build the skills needed to deliver pitches independently.
- Support and maintain relationships with the firm’s existing investors.
- Identify, develop and cultivate relationships with new prospects: endowments, foundations, family offices, corporate/public pension funds consultants and advisors.
- Represent the firm at industry events, trade shows and professional gatherings, expanding the firm’s network and enhancing its market presence.
Requirements and Qualifications
Required & Preferred
- Bachelor's degree in finance, economics, business management or related field
- 2 years of professional work experience in sales, fundraising, investor services or the financial industry
- Knowledge of Microsoft Excel and Salesforce
- Willingness and ability to travel up to 25% of the time
Competencies
- Action oriented
- Collaborates
- Communicates effectively
- Demonstrates self-awareness
- Self-development
- Resourcefulness
Benefit & Compensation
- Insurance services including medical, dental and vision plans. Company and employees pay premiums.
- 401k with a company safe harbor contribution for all eligible employees
- Short- and long-term disability
- Voluntary life, AD&D, voluntary accident insurance, voluntary critical illness and voluntary hospital indemnity
- Employee Assistance Program
- Pre-tax commuter benefit program
- Transit and cell phone stipend
- 12 paid holidays
- Unlimited time off for vacation, sick and personal time
- Paid Parental leave
- Compensation range for this role is $80,000 - $105,000
About RCP Advisors
Founded in 2001, RCP Advisors is a private equity investment firm headquartered in Chicago that provides access to lower middle market private equity fund managers through primary funds-of-funds, secondary funds, and co-investment funds. Additionally, the firm provides advisory and investment research services.
Contact
Katie Tarpey
Head of Human Resources
ktarpey@rcpadvisors.com
The duties and responsibilities described above are not comprehensive and additional tasks will be assigned. The scope of the job may change as necessitated by business demands.
RCP Advisors is an Equal Opportunity Employer and is committed to providing employees and applicants with an environment free of discrimination and harassment. All employment decisions at RCP Advisors are based on business needs, job requirements, and individual qualifications. All qualified applicants will receive consideration for employment without regard to race, color, age, religion, sex, gender identity, sexual orientation, national origin, family or parental status, veteran or disability status, or any other status protected by the laws or regulations in the locations where we operate.
Americans with Disabilities Act (ADA)
RCP Advisors will provide reasonable accommodations during the application process upon request as required to comply with applicable laws. If you have a disability and require assistance in this application process, please contact us at (847-878-3371) or ktarpey@rcpadvisors.com.
Salary : $80,000 - $105,000