SVP - Corporate Development Financial Services
SVP - Corporate Development Financial Services
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Salary Not Disclosed
1 Vacancy
Job Description
World is seeking a Senior Vice President of Corporate Development reporting to the Chief Corporate Development Officer. The SVP Corporate Development will lead the strategy and sourcing of all financial services transactions in Worlds retirement and wealth lines of business. This role is crucial in driving Worlds inorganic growth strategy.
Headquartered in Iselin NJ World is a unique professional services organization offering our clients a worldclass suite of products and services in business and personal insurance employee and executive benefits retirement planning and financial services and human capital management solutions. Having completed over 300 transactions since 2011 World has deep expertise in creating lasting shareholder value through highvolume M&A processes. This position will lead the team that is responsible for driving strategy origination and of all transactions in the retirement and wealth sectors.
Primary Responsibilities
- Inorganic Growth Strategy
- Ownership of the inorganic growth strategy for Worlds retirement and wealth lines of business
- Maintain awareness of market trends pricing and competitive landscape.
- Establish the ideal prospect profile (e.g. geography product or sector specialties) that aligns with organizational/business unit need
- Deal Sourcing and Origination
- Drive and manage outbound sourcing resources and processes
- Build and maintain relationships with investment banks advisors and industry contacts.
- Assess strategic fit and drive the acquisition process through LOI
- Own valuation and transaction pricing process
- Transaction
- Lead negotiations with sellers prior to LOI
- Champion all financial service transactions through
- Partner with the transaction team through due diligence and contracting process
- Manage pricing discussions with sellers and advisors
- Executive and Board Communications
- Manage the board approval process for all financial services transactions
- Manage weekly board communications and reporting
- People Leader
- Leading the financial services corporate development team and ensuring the achievement of organizational goals
- Responsible for setting objectives managing resources providing guidance and support to team members
- Monitoring performance and fostering a collaborative and productive work environment.
- Education: MBA in Finance Economics or Business from an accredited institution.
- Experience: 10 years of M&A experience in investment banking private equity corporate development in the retirement or wealth industry
- Skills:Strong analytical and strategic skills experience in evaluating negotiating and closing acquisition deals and success in leading endtoend processes for business growth.
- Communication: Executive presence and ability to create and deliver boardlevel communications.
- Location: NYC area with an ability to be in Worlds Midtown office 4 days a week
- Travel: Up to 40 travel may be required
- Team: Strong leadership and mentoring skills
- Must be legally authorized to work in the United States without company sponsorship now or in the future.
- Fixed and variable compensation will be commensurate with experience and include a significant equity package.
Physical Demands
Office work involves working at a desk most of the time using a standup/sitdown adjustable desk. Exerting up to 10 pounds of force occasionally and/or negligible amount of force frequently to lift carry push pull or otherwise move objects. Typing grasping and repetitive motion typically is required every day and walking and standing are required occasionally.
Equal Employment Opportunity
At World Insurance Associates (WIA) we celebrate and support our differences. We know that employing a team rich in diverse thoughts experiences and opinions allows our employees our products and our community to flourish. WIA is honored to be an equalopportunity workplace. We are dedicated to equal employment opportunities regardless of race color ancestry religion sex national orientation age citizenship marital status disability gender identity sexual orientation or Veteran status. In addition WIA makes reasonable accommodations to known physical or mental limitations of an otherwise qualified applicant or employee with a disability unless the accommodation would impose an undue hardship on the operation of our business.
To Executive Search Firms and Staffing Agencies
World does not accept unsolicited resumes from any agencies that have not signed a mutual service agreement. All unsolicited resumes will be considered Worlds property and World will not be obligated to pay a referral fee. This includes resumes submitted directly to Hiring Managers without contacting Worlds Human Resources Talent Department.
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Required Experience:
Manager
Employment Type
Full-Time
