Strategy Associate

Position Overview

As a Strategy Associate, you will be part of our Office of the Chief Operating Officer team. The role will be responsible for implementing strategic initiatives across various groups within the firm. The successful candidate will apply a quantitative and tactical mindset, while learning about Magnetar's business from a cross-functional perspective. In this role, you will build deep expertise in Magnetar's products and back office processes, while developing leadership skills and strategic thinking abilities.

Responsibilities

• Contribute to the success of the business through various tasks such as reporting (internal and external), process implementation and data entry, monitoring and reconciliation
• Construct detailed financial models of existing strategies/businesses (e.g., restructuring of existing funds, business analysis, etc.)
• Prepare presentations detailing objectives, rationale and recommendations for contemplated initiatives
• Assist in the coordination and implementation of strategic initiatives across various groups within the Firm

Qualifications

• 2 years of work experience as a consultant in the financial industry
• GPA of 3.4 or higher from an accredited undergraduate college or university
• Proficiency in excel; financial modeling experience is a plus
• Strong PowerPoint skills
• High level of intelligence, internal drive, intellectual inquisitiveness and analytical ability
• Optimistic attitude with willingness to contribute however and wherever possible or required. Seeks out an environment with the potential to rapidly assume additional challenges and responsibilities
• Ability to work both independently and in multi-disciplinary teams toward specific objectives
• Demonstrate ability to deal with high pressure situations, seek out solutions and work with others to resolve problems in a timely and effective manner
• Exercise a high level of discretion, motivation and independent judgment

Disclaimer

The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal responsibilities from time to time, as needed.

About Us

Magnetar Capital is a leading alternative asset manager with $13 billion under management as of March 31, 2022. We are conveniently headquartered in Evanston, Illinois and are steps from the lakefront as well as a vibrant downtown area. We operate additional offices in London and Houston.

We seek to generate consistent performance across a variety of market conditions by identifying differentiated investment strategies that we believe can be developed into scalable businesses. We invest across three core pillars: Alternative Credit & Fixed Income, Energy & Infrastructure and Systematic Investing.

When you join Magnetar, you will work alongside a diverse group of individuals who are among the best in the business at what they do. We attract highly skilled, dedicated professionals who enjoy working across practices and executing innovative ideas. Our employees have an intense level of intellectual curiosity, a profound passion for our work and care deeply about delivering results for the firm and for each other.

Our culture is based on the core values of insight, integrity and passion. We welcome unique backgrounds and perspectives, and work hard to foster an inclusive and welcoming environment where each of our employees feels empowered to thrive.

During the COVID-19 pandemic, we prioritized employee health and safety, deploying a remote work model for two years. We have since transitioned to a flexible hybrid work model where employees enjoy a mix of in-office and remote work days.

We know how important a healthy lifestyle is. Our offices provide employees with daily lunch at no cost and kitchens stocked with healthy snacks. We also have an onsite gym in our Evanston office and provide subsidized gym memberships for other locations. We offer regular culture building events and programming like fitness classes, cooking classes and mental health or parenting seminars.

Magnetar employees are passionate about philanthropy and we provide plenty of ways to give back. Through our Foundation, Magnetar invests heavily in increasing access to financial education through finEDge, a best-in-class curriculum we co-created. We also aim to connect employees to organized volunteer events and offer a charitable match program.

Our employees enjoy exploring outside the office too. Our unlimited paid time off policy, which includes unlimited vacation and sick days, and our competitive parental leave policy give employees time to rest and recharge.

We hope you'll consider joining us as you explore careers at Magnetar!

For further information, visit our website.

Disclaimer

The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal responsibilities from time to time, as needed.