V530 Per is a solar-like member of the young open cluster α Persei, with an ultra-short rotation period (P∼0.32d). We report on two spectropolarimetric campaigns using ESPaDOnS, aimed at characterizing the short-term variability of its magnetic activity and large-scale magnetic field. We used time-resolved spectropolarimetric observations obtained in 2006 and 2018 and reconstructed the brightness distribution and large-scale magnetic field geometry of V530 Per through Zeeman-Doppler imaging. Using the same data sets, we also mapped the spatial distribution of prominences through tomography of Hα emission. We reconstruct, at both epochs, a large, dark spot occupying the polar region of V530 Per while smaller (dark and bright) spots were reconstructed at lower latitudes. The maximal field strength reached ∼1 kG. The prominence pattern displayed a stable component that was confined close to the corotation radius. In 2018, we also observed rapidly evolving Hα emitting structures, over timescales ranging from minutes to days. The fast Hα evolution was not linked to any detected photospheric changes in the spot or magnetic coverage.