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Associate, Business Development and Strategy

2 months ago

Aurora, Ontario, Canada Magna Full time

Seeking a Business Development and Strategy Analyst to support strategic growth initiatives in a startup environment, leveraging market research, financial modeling, and business development expertise.

The New Mobility team at Magna International is building a suite of new products and services to solve complex challenges associated with moving people and goods at scale. We are utilizing Magna's technology building blocks and capabilities to build a valuable business in new markets and use cases. Our advanced solutions are in city mobility markets, and we have other projects and target markets in development, including energy infrastructure, industrial material handling, and software.

About the Role

Magna New Mobility is a startup inside Magna International, a mobility technology company and one of the largest automotive suppliers in the world. Our Business Development and Strategy team is seeking an Associate to support our strategic growth initiatives.

You will be based in Toronto / Aurora, and work with teams across North America, Europe, and Asia. As a Business Development and Strategy Analyst, you will have the unique opportunity to make a significant impact on Magna New Mobility's strategic objectives.

Your Responsibilities
  • Conduct market research to identify opportunities for growth via portfolio additions, partnerships, and other engagements
  • Support the development and launch of our products, services, and go-to-market activities through strategic, market, and financial analysis
  • Evaluate alliances and partnership opportunities, and provide analysis and recommendations to management
  • Analyze data and prepare information to support recommendations to stakeholders regarding opportunities
  • Monitor emerging trends in our target markets and other areas of strategic interest, and acquire and maintain knowledge of new technologies and potential future acquisitions
  • Benchmark and report on competitive business models and developments
Requirements
  • Bachelor's Degree or Equivalent Experience in a technical field, such as Engineering
  • At least 3 years of post-secondary experience, preferably in Investment Banking, Venture Capital, and/or Management Consulting
  • Experience in market research, including gathering data on market trends, customer preferences, and competitor activities
  • Experience in analysis, interpretation, and a demonstrated ability to make succinct insights and recommendations supported by data
  • Attention to detail and ability to manage multiple projects
  • Strong problem-solving skills and ability to synthesize and present findings to key stakeholders and executive audiences
What We Offer

At Magna, you can expect an engaging and dynamic environment where you can help to develop industry-leading automotive technologies. We invest in our employees, providing them with the support and resources they need to succeed.

Our Commitment to Diversity and Inclusion

We believe that a diverse workforce is critical to our success. We are proud to be an equal opportunity employer, and we hire on the basis of experience and qualifications, regardless of, in particular, color, ancestry, religion, gender, origin, sexual orientation, age, citizenship, marital status, disability, or gender identity.