Analyst, Compliance & Economic Development
Job Number: 63789
Group: Magna Corporate
Division: Magna Services of America (Troy Office)
Job Type: Permanent/Regular
Location: Troy, MICHIGAN, US, 48083
Work Style: Hybrid
About us
We see a future where everyone can live and move without limitations. That’s why we are developing technologies, systems and concepts that make vehicles safer and cleaner, while serving our communities, the planet and, above all, people. Forward. For all.
Group Summary
Magna is more than one of the world’s largest suppliers in the automotive space. We are a mobility technology company built to innovate, with a global, entrepreneurial-minded team. With 65+ years of expertise, our ecosystem of interconnected products combined with our complete vehicle expertise uniquely positions us to advance mobility in an expanded transportation landscape. The Government Affair department is committed to innovation and persistence in identifying and realizing all available economic incentives.
The Analyst, Compliance & Economic Development works closely with the Senior Manager, Regulatory Compliance and Compliance Team to develop, evaluate, and implement positive economic development outcomes to further Magna’s strategic goals and business interests. As a member of the Government Affairs Department, the Analyst, Compliance & Economic Development will collaborate and coordinate across all Magna functions, Groups, and Divisions to ensure all economic incentive projects are properly reported and are compliant with all aspects of Magna’s Group, Division and Joint-Venture economic incentive and government contracts.
Your Responsibilities
* Review government incentive opportunities and, in coordination with relevant Magna corporate, group, and division personnel, develop and implement strategies and tactics to secure incentives
* Manage communications and respond to inquiries from government entities regarding incentive opportunities and ensure compliance with relevant laws
* Ensure economic incentive projects remain compliant with relevant contractual obligations
* Prepare offer summaries of government incentive opportunities, review and summarize economic incentive agreements/contracts, provide project status updates, and ensure compliance with reporting deadlines
* Update relevant incentive information in the Magna Government Affairs CRM database
* Analyze and review government economic incentive activities to enhance and promote Magna’s strategic goals and business interests
* Facilitate drafting of reports, including editing, prior to submission, to ensure all required documents are complete, compliant, well-organized, and professionally presented
* Develop and maintain working relationships with internal and external subject matter experts to determine Magna’s needs for overall growth and development plans
* Work cross-functionally with all Magna functions, Groups, and Divisions to gather information and understand all project parameters needed to support economic development discussions and negotiations
* Act as a point of contact for various internal and external partners and effectively use an internal escalation path for all inquiries
* Research, analyze, and prepare data-focused reports, plans, and other materials, exercising independent judgment as to content, accuracy, and completeness
* Gather and analyze economic incentive data to drive all Magna function, Group, and Division decisions for site selection and expansion efforts
* Manage project budget and invoicing
* Work with the Government Affairs Team on any other assignments and/or reports, as requested.
* Lead various projects and perform other duties, as required
Who we are looking for
* Bachelor’s degree or certificate program in paralegal studies or any equivalent combination of experience and training which provides the required knowledge, skills, and abilities
* 3+ years of experience in economic incentives or other corporate compliance related discipline
* 1-3+ years of Compliance or Paralegal experience
* Bilingual and fluent in reading, writing, and speaking English and Spanish
* Excellent analytical and problem-solving skills
* Ability to develop professional relationships with key internal stakeholders
* Proficiency in Microsoft Excel, Word, and PowerPoint
* Strong flexibility
* Ability to travel approximately 25% of the time
Your preferred qualifications
* Previous experience in a professional, fast pace corporate environment
* Financial analysis and/or project management experience
* Exceptional organizational and prioritization skills
* Demonstrated ability to communicate clearly and concisely while displaying credibility and confidence
* Good judgment skills are critical and the ability to work independently, take initiative, and not be afraid to ask questions and seek answers when follow-up is required
* Proven ability to handle multiple assignments simultaneously and be comfortable in a fast-paced, dynamic environment
* Ability to identify and be responsive to changing priorities within the business
* Demonstrate a positive attitude and a ‘can do’ approach to the position
* Ability to work autonomously
* Take responsibility for actions, outcomes, and deliverables
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. Because we believe that your career path should be as unique as you are.
* Comprehensive medical, dental, and vision plans
* 401 (k) plans with employer matching
* Cafe
* Motorcycle and electric vehicle parking
At Magna, we believe a diverse workforce is critical to our success. That’s why we are proud to be an equal opportunity employer. We hire on the basis of experience and qualifications, and in consideration of job requirements, regardless of, in particular, color, ancestry, religion, gender, origin, sexual orientation, age, citizenship, marital status, disability or gender identity. Magna takes the privacy of your personal information seriously. We discourage you from sending applications via email to comply with GDPR requirements and your local Data Privacy Law.
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