What are the responsibilities and job description for the Richemont Business Development MBA Intern position at Richemont?
Be a part of our dynamic and engaged internship program this summer.
WE WELCOME
Passionate and enthusiastic students curious about seeing & participating in the day-to-day operations and projects of high-end luxury brands in the jewelry, timepiece, fashion, & accessories industries.
YOU ARE
Immersed in our organization and culture, as well as, involved in a full range of activity at Richemont & our Maison’s.
You will assist your dedicated team in executing the brand or functional strategy as well as participate in initiatives or projects to support the development or understanding of sales, culture, analytics, & service.
Business Development MBA Intern - Richemont Regional Functions
Richemont owns some of the world’s leading luxury goods Maisons, with particular strengths in jewelry, fine watches and premium accessories. Each Maison represents a proud tradition of style, quality and craftsmanship and Richemont seeks to preserve the heritage and identity of each of its Maisons. At the same time, we are committed to innovation and designing new products which are in keeping with our Maisons’ values, through a process of continuous creativity.
The Business Development Manager, reporting to the VP of Strategy & Business Development, has a key role in the Richemont organization in the Americas. The roles and responsibilities of this position are diverse, and as such, require a highly resourceful individual with strong leadership, self-motivation, and analytical skills. He/She is responsible for successfully leading regional projects, conducting research and creating reports to address economic issues related to the distribution of Maisons products in the region. He/She will also support Management in the preparation of reports, studies, analysis, presentations, and ad hoc tasks.
Responsibilities
Research, analysis and reports:
A competitive working environment filled with passionate individuals. You will have a chance to gather valuable knowledge of the luxury goods industry which will pave the way for your future career.
You will be partnered with a Mentor during this program, who will serve as a subject matter expert and leader to ensure your immersion and direction support the learning experience.
This is a paid internship.
WE WELCOME
Passionate and enthusiastic students curious about seeing & participating in the day-to-day operations and projects of high-end luxury brands in the jewelry, timepiece, fashion, & accessories industries.
YOU ARE
Immersed in our organization and culture, as well as, involved in a full range of activity at Richemont & our Maison’s.
You will assist your dedicated team in executing the brand or functional strategy as well as participate in initiatives or projects to support the development or understanding of sales, culture, analytics, & service.
Business Development MBA Intern - Richemont Regional Functions
Richemont owns some of the world’s leading luxury goods Maisons, with particular strengths in jewelry, fine watches and premium accessories. Each Maison represents a proud tradition of style, quality and craftsmanship and Richemont seeks to preserve the heritage and identity of each of its Maisons. At the same time, we are committed to innovation and designing new products which are in keeping with our Maisons’ values, through a process of continuous creativity.
The Business Development Manager, reporting to the VP of Strategy & Business Development, has a key role in the Richemont organization in the Americas. The roles and responsibilities of this position are diverse, and as such, require a highly resourceful individual with strong leadership, self-motivation, and analytical skills. He/She is responsible for successfully leading regional projects, conducting research and creating reports to address economic issues related to the distribution of Maisons products in the region. He/She will also support Management in the preparation of reports, studies, analysis, presentations, and ad hoc tasks.
Responsibilities
Research, analysis and reports:
- Prepare PowerPoint presentation decks and reports to key stakeholders and Management (local market and macroeconomics trends, consumer behavior, market intelligence, etc.)
- Analyze monthly sales data, and forecasting how economic factors may affect future sales
- Align with regional stakeholders and Group stakeholders on content and format
- Serve as a key partner in the Richemont Americas business transformation, participating in the development and implementation of initiatives to evolve the organization’s operational processes and structure
- Develop reports, presentations, and strategic analysis, as needed, and to support recommendations for driving the business forward
- Conduct competitive research highlighting trends and competitor activity in the Americas
- Support in implementing business development plans and initiatives that enable Maisons to meet and exceed sales and marketing targets
- Lead and oversee key regional projects
- Ensure alignment among the internal and/or external stakeholders
- Ensure all critical issues are addressed properly, efficiently, and judiciously
- Prepare regular communications to key stakeholders and Management on project progress, status and challenges
- Lead and coordinate cross-functional teams for assigned initiatives
- Bachelor’s degree in economics, business, or finance from a leading university. Currently enrolled in an accredited MBA or Masters Program.
- 5-7 years of experience
- Strong quantitative skills; economic, accounting and statistics knowledge required
- Strong analytical skills
- Ability to think critically to weigh the pros and cons of different solutions to a problem
- Strong leadership and interpersonal skills
- Robust organizational skills
- Ability to work strategically and collaboratively across departments and all levels of management
- Ability to work cross-culturally
- Excellent written and oral communication skills
- Experience in project management
- Proficiency in Excel and PowerPoint
- Experience in the luxury industry is a plus
- Able to work a full-time schedule throughout the course of our Summer Internship Program
- Authorized to work in the United States; International students must have a current work visa, Richemont North America will not sponsor work visa’s for summer internships
- Must be age 18 or older to participate
- Must be available to participate for the entirety of internship program (June 2nd - August 8th)
- High level of integrity and dependability with a strong sense of urgency and results-orientation
- Flexibility to adapt quickly to changing circumstances; able to proactively question and challenge to prioritize and identify solutions in timely manner
- Curious in nature and always looking to question, learn, and look for better ways to do things
- Personable, fun, team oriented
A competitive working environment filled with passionate individuals. You will have a chance to gather valuable knowledge of the luxury goods industry which will pave the way for your future career.
You will be partnered with a Mentor during this program, who will serve as a subject matter expert and leader to ensure your immersion and direction support the learning experience.
This is a paid internship.
- Students are responsible for all arrangements of housing and travel
Salary : $25 - $30
