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Business Development Associate Job Description

Cornerstone Capital Holdings

Business Development Associate Job Description

Los Angeles, CA
Full Time
Paid
  • Responsibilities

    Job Description

     

    Cornerstone Capital Holdings (“CCH”) is an independent holding company/investment firm formed in 2000 by Andrew Bushell and Jonathan Alt.   Today, CCH comprises of six companies generating approximately $150 million in annual revenues – with a particular emphasis on the aerospace/defense/space/military markets as well as a focus on corporate divestitures.   CCH does not have outside investors and, generally, utilizes internal cash flow to acquire new businesses.

    CCH has locations in Los Angeles, Fort Worth, and Philadelphia and is seeking an Associate to focus on sourcing new corporate divestiture acquisition opportunities.  These businesses are smaller divisions within very large corporations (usually the Fortune 2000) and tend to be “too small” and “too much work” to attract typical private equity firms.  CCH seeks to acquire these corporate divisions and help them achieve their full potential as independent businesses.

    If you are a bright, energetic young professional who wants to talk to hundreds of M&A/Corporate development managers and division Presidents, learn private equity analysis and processes, and build sales skills, then this opportunity could be a good match for you.

    KEY RESPONSIBILITIES DEAL ORIGINATION

    ·       Outbound calls (85% of time) to C-level executives, M&A and Corporate Development personnel at Fortune 2000 companies and subsequent conversations to advance the right deals;

    ·       Develop and update Salesforce.com database to track and monitor sales activity;

    ·       Preliminary valuations and due diligence;

    ·       Develop and advance business relationships;

    ·       Basic market research to understand the industry segment and whether it matches with CCH criteria;

     

    THE IDEAL CANDIDATE WILL POSSESS THE FOLLOWING TRAITS AND CHARACTERISTICS:

    ·        Good interpersonal skills;

    ·        Enthusiastic, personable, positive attitude, and high integrity;

    ·        Indefatigable / persistent, pro-active, self-motivated with the ability to work under limited supervision

    ·        Outgoing and competitive, with a passion for exploring a variety of businesses and industries;

    ·        Intellectual curiosity;

    ·        Familiarity with Salesforce.com;

    ·        Efficient time management skills and well organized;

    ·        Excellent written and verbal English skills;

    ·        Independence and ability to work successfully in a 100% virtual environment;

    ·        Finance experience is a plus, but not a requirement, as this role is an excellent way to learn;

    ·        Business development experience is a plus but all candidates must be willing to make calls to succeed;

    ·        The position will allow an individual with exceptional people and communication skills, as well as a strong financial & analytical foundation, to further develop business development judgment, deal structuring, and client-facing skills;

    ·        Strong work ethic and interest in learning about private equity;

    ·        Ability to build trust and support with senior executives.

     

    QUALIFICATIONS

    ·        Bachelor's degree;

    ·        1-3 years' experience in lower-middle market investment banking and/or private equity firms on the Business Development side preferred, but not required;

     

    OTHER DETAILS

    LOCATION:                   Remote START:                          Immediate POSITION TYPE:           Full-time COMPENSATION:         Salary + performance bonus (competitive) Please apply with a cover letter and your resume. You will be required to take a personality assessment pre-interview.   Please follow the link below and look for “Associate – Business Development” under Essner Manufacturing (a portfolio company of CCH).

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