Senior Business Development Manager, Investment Management

Posted Yesterday
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New York, NY, USA
In-Office
179K-229K Annually
Senior level
Legal Tech
The Role
Lead business development for the Investment Management practice: create and execute client targeting, RFPs/pitches, lateral onboarding, cross-selling strategies, competitive research, event and sponsorship coordination, manage rankings/awards submissions, oversee direct reports, and manage the practice BD budget to grow market share.
Summary Generated by Built In

Build your big career with the firm that does Big Law, Better. McDermott Will & Schulte is a leading global law firm that brings together more than 1,750 lawyers and 3,200 business professionals. We celebrate excellence, collaboration, and community and have been recognized as a top workplace by USA Today, Fortune, The American Lawyer, Vault and others. We are also certified by Great Place to Work. 

At McDermott, we don’t just invest in your future, we accelerate your career – wherever it may lead. That includes supporting you both in and outside of the office. 

With us, you’ll find: 

  • A firm where everyone belongs: Our award-winning culture prioritizes warmth and authenticity — we encourage you to be yourself!  

  • Enthusiasm for all perspectives: We’re smarter and stronger when everyone has a voice and a seat at the table. We welcome unique viewpoints and ideas, and we make opportunities for you and your career to thrive.  

  • Support to feel your best and do your best: Wellness is integral to building a successful career and a rich life. That’s why our benefits program supports your physical, emotional, mental, and financial health, with an emphasis on work-life balance.  

  

  • Real rewards for real work: We offer generous compensation packages that recognize hard work and excellence.   

Job Description:

The Senior Business Development Manager supports the Investment Management practice in their overall business development efforts by helping to create and execute strategic activities related to the practice across multiple markets, clients, and geographies. The senior business development manager relies on extensive experience and judgment to plan and accomplish goals.

Essential Functions and Responsibilities:  

  • Organize and drive client targeting program for supported areas, including prompting and monitoring pursuit activities, and tracking and reporting on results 
  • Lead and draft content for cross-practice RFPs and pitches, including coordination with other business developers 
  • Lateral onboarding: guide lateral hires through the protocols of bringing in clients and integrating themselves into firm priorities 
  • Identify and facilitate cross-selling opportunities for the private equity practice across the firm, including crafting and executing a range of go-to-market strategies around these opportunities and collaborating with other practice areas and industry initiatives 
  • Conduct strategic research on potential clients, competitors, and practice developments to identify business trends and opportunities and ensure optimal positioning to grow market share 
  • Build effective agendas for team meetings, prepare materials and speakers, and project manage actions coming from meetings and create and maintain materials to support pitches and proposals 
  • Coordinate firm-hosted business development events, including receptions, client entertainment outings, substantive presentations, webinars, etc., working closely with participating lawyers and Marketing Dept. colleagues on invitation list development, event materials, participant tracking, engagement, on-site management, and targeted follow-up activities 
  • Identify and facilitate participation in sponsorships, conferences, memberships and other key profile-building opportunities for the practice, office and individual lawyers in each 
  • Manage legal directory and league ranking submissions, and assist the PR team in the generation of matters and other information for awards submissions 
  • Manage workflow and performance of direct reports and the creation of relevant proposal collateral; provide ongoing performance feedback 
  • Manage, review and track the business development budget for the designated practice group 

Job Specifications:  

  • Bachelor’s degree 

  • At least ten (9) years of related work experience 

  • Previous experience managing a direct team of business development professionals  

  • Excellent project management skills, with keen attention to detail and an ability to prioritize and execute multiple ongoing tasks often under tight deadlines 

  • Ability to work both independently and collaboratively in a fast-paced, high-volume environment 

  • Knowledge of Microsoft Office Suite (Excel, Outlook, PowerPoint, and Word) 

  • Knowledge of client relationship management (CRM) software 

  • Superior presentation, writing, and verbal communication skills 

  • Strong leadership skills 

  • Strong analytical skills 

  • Ability to handle and maintain confidential information 

  • Ability to travel and work flexible and/or fluctuating work hours 

Successful candidates will be provided with outstanding career opportunities and will receive a competitive total rewards package with the opportunity to earn performance-based bonuses.
     Target Hiring Range $179,000 - $229,000
Please note that quoted salary ranges are not guarantees of what final salary offers may be. Base pay is based on market location and may vary depending on job-related knowledge, skills, experience, and geographic location. Base pay is only one part of the Total Rewards that MWE provides to compensate and recognize our staff professionals for their work. Full time positions are eligible for a discretionary bonus and a comprehensive benefits package. 

#LI-AR2

#LI-Hybrid

Physical Demands and Work Environment:

The physical demands and work environment characteristics described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Physical Demands:

  • While performing the duties of this job, the employee is required to sit, use hands, reach with hands and arms, stoop, talk and hear

  • Employee must occasionally lift up to twenty (20) pounds

Work Environment:

Typical indoor office environment

Disclaimer:

The above statements are intended to describe the general nature and level of the work being performed by people within this classification. They are not intended to be an exhaustive list of all responsibilities, duties and skills required of employees assigned to this job.

 

 

Skills Required

  • Bachelor's degree
  • At least nine to ten years of related work experience
  • Previous experience managing a direct team of business development professionals
  • Excellent project management skills with strong attention to detail and ability to prioritize
  • Ability to work independently and collaboratively in a fast-paced, high-volume environment
  • Knowledge of Microsoft Office Suite (Excel, Outlook, PowerPoint, Word)
  • Knowledge of client relationship management (CRM) software
  • Superior presentation, writing, and verbal communication skills
  • Strong leadership skills
  • Strong analytical skills
  • Ability to handle and maintain confidential information
  • Ability to travel and work flexible and/or fluctuating work hours

McDermott Will & Schulte Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about McDermott Will & Schulte and has not been reviewed or approved by McDermott Will & Schulte.

  • Strong & Reliable Incentives Bonus programs often match or exceed market, with discretionary and special awards that materially raise total compensation in strong years. Merit-driven structures are seen as enhancing overall satisfaction among attorneys.
  • Fair & Transparent Compensation Compensation communications and public announcements outline explicit base and bonus levels by year, reinforcing clarity around pay expectations. Market-scale adjustments and stated increases support perceptions of fairness.
  • Wellbeing & Lifestyle Benefits Well-being initiatives include 24/7 mental-health access, individual coaching, mindfulness resources, and billable credit for certain activities that integrate wellness into work. On-site counselor support in select offices and app-based tools further extend day-to-day support.

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The Company
Boston, MA
3,597 Employees
Year Founded: 1934

What We Do

McDermott Will & Emery is now McDermott Will & Schulte. Leading organizations turn to global law firm McDermott Will & Schulte for a better way to address legal challenges, connect with those at the forefront, and drive stronger outcomes. Working across more than 20 offices globally, our 1,750+ lawyers act on data-driven insights, deep relationships, and unmatched industry experience to deliver on our commitment of Always Better.

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