CVP of Corporate Development
Location Designation: Hybrid - 3 days per week
The CVP of Corporate Development will be responsible for supporting all activities relating to enterprise and business strategic investments, partnerships, M&A, and related activity including:
• Developing enterprise and business corporate development strategy that is aligned with their respective strategic priorities
• Fundamental research, data gathering and analysis of sectors, products, and businesses in support of strategy and corporate development process
• Identifying and sourcing of potential targets and strategic partners
• Supporting relationships with banks, other advisors, and potential counterparties
• Organizing and performing due diligence
• Developing internal capabilities to execute corporate development and M&A initiatives, including producing appropriate playbooks
• Coordinating with external resources that can support due diligence efforts as needed
• Determining appropriate valuation and impact on key enterprise and business metrics
• Developing communications to senior management and Board on strategy and merits / considerations of specific opportunities
• Post-agreement integration planning and execution
Responsibilities
• Drive all aspects of corporate development process from start to finish
• Help identify potential prospects & targets
• Manage project timing and deliverables with multiple constituents
• Identify and mitigate risks to project and workflow
• Establish collaborative and productive teamwork with multiple project constituents
• Source, process and analyze financial and other data
• Build, error check and apply financial models
• Analyze and draw insights from GAAP and statutory financial statements
• Create memos, presentations, and other materials
• Coordinate teams in due diligence including working with business units and enterprise functions
• Support internal alignment and issue resolution on a transaction
• Coordinate with subject matter experts (actuarial, legal, finance, tax etc.)
• Lead post-closing activity
Preferred Qualifications
• Bachelor’s Degree, MBA preferred
• 5+ years of work experience in a business or technical field
• 2+ years of corporate development or investment banking experience in U.S. life insurance
• Highly motivated
• Strong financial and analytical skills
• Team player
• Strong ability to influence without direct authority
• Ability to drive multiple priorities
• Proactive and collaborative
Pay Transparency
Salary Range: $155,000-$267,500
Overtime eligible: Exempt
Discretionary bonus eligible: Yes
Sales bonus eligible: No
Actual base salary will be determined based on several factors but not limited to individual’s experience, skills, qualifications, and job location. Additionally, employees are eligible for an annual discretionary bonus. In addition to base salary, employees may also be eligible to participate in an incentive program.
Our Benefits
We provide a full package of benefits for employees – and have unique offerings for a modern workforce, including leave programs, adoption assistance, and student loan repayment programs. Based on feedback from our employees, we continue to refine and add benefits to our offering, so that you can flourish both inside and outside of work. Click here to discover more about our comprehensive benefit options or visit our NYL Benefits Site.
Our Diversity Promise
We believe in a diverse workforce because it is our mission to advocate for the financial security and success of people in every community. This is why diversity, equity, and inclusion (DEI) are guiding principles that are embedded in our brand and our culture. Click here to learn more about how we have been recognized for our leadership.
Recognized as one of Fortune’s World’s Most Admired Companies, New York Life is committed to improving local communities through a culture of employee giving and volunteerism, supported by the Foundation. We're proud that due to our mutuality, we operate in the best interests of our policy owners. To learn more about career opportunities at New York Life, please visit the Careers page of www.NewYorkLife.com.
Job Requisition ID: 91250
Nearest Major Market: Manhattan
Nearest Secondary Market: New York City
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