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Business Development and Strategy Associate

2 months ago

Aurora, Ontario, Canada Magna Full time
About the Role

Magna New Mobility is a dynamic and innovative startup within Magna International, a leading mobility technology company. Our Business Development and Strategy team is seeking a highly motivated and detail-oriented Associate to support our strategic growth initiatives.

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

Your Responsibilities
  • Market Research and Analysis: Conduct extensive research on companies, technologies, and markets to identify opportunities for growth via portfolio additions, partnerships, and other engagements.
  • Financial Modeling: Support the development and launch of our products, services, and go-to-market activities. Perform strategic, market, and financial analysis to identify new opportunities and assess risks.
  • Business and Corporate Development: Evaluate alliances and partnership opportunities. Provide analysis and recommendations to management.
  • Data Analysis: Analyze data, prepare information to support recommendations to stakeholders regarding opportunities.
  • Market Trend Monitoring: 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.
  • Competitive Benchmarking: 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: Supporting the Senior Executive Team as we build funnels of opportunity.
  • High-quality analysis skills with the ability to synthesize and present findings to key stakeholders and executive audiences across Magna.
  • Strong problem-solving skills, attention to detail, and careful record-keeping, and ability to manage multiple projects.
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. As a member of our global team, you can expect exciting, varied responsibilities as well as a wide range of development prospects.