DriveWealth is on a mission to make investing easier. We believe that everyone should have the ability to control their financial future, and that access to financial markets should not be limited by geography, wealth, or legacy systems. We are a global B2B financial technology organization dedicated to democratizing access to financial independence around the world. Our mission is realized through an API-based platform, empowering our partners to offer seamless investing and trading experiences to clients worldwide, all from their mobile devices. Our technology provides partners with a modern, extensible toolkit, enabling traditional investment workflows and innovative techniques like fractional share ownership. DriveWealth has evolved into a global platform offering trading of US equities, mutual funds, ETFs, fixed income, and options.
There’s never been a better time to build a category-defining business and there has rarely been a team better positioned for this opportunity. Our culture blends the pace and agility of a fintech start-up with the impact, stability, and discipline of Wall Street. We encourage creativity and experimentation while ensuring institutional-grade execution and regulatory compliance in everything we do. Join us and help build the future of global investing!
About the Role
The Senior Manager, Corporate Development will play a key role in identifying, evaluating and executing M&A transactions, investments and other inorganic opportunities that will accelerate DriveWealth’s mission and strategic growth priorities. The position will facilitate and lead all phases of the acquisition process. Key functions will include identification, screening, evaluation, deal structuring and negotiation, due diligence, closing and integration of transactions. This role will work closely with business unit leaders, external advisors, as well as senior management.
What You’ll Do
Market Research & Deal Sourcing
- Strategic Research: Conduct deep-dive industry analysis and landscape studies to identify specific M&A and partnership targets that align with DriveWealth’s global growth strategy
- Target Pipeline Management: Maintain and prioritize a robust pipeline of potential acquisitions and investments; prepare regular updates for leadership on market movements and competitor activity
Deal Execution & Project Management
- Deal Quarterback: Lead the day-to-day execution of the M&A lifecycle, serving as the primary point of contact for project timelines, and data room management
- Diligence Coordination: Manage cross-functional workstreams across Tech, Legal, Brokerage Operations, and Finance to ensure a comprehensive and efficient evaluation
- Transaction Support: Support the negotiation of NDAs and definitive agreements, focusing on tracking key terms and ensuring alignment with the internal investment thesis
- Integration Support: Coordinate the transition from deal close to integration, tracking the execution of the integration plan to ensure synergies are realized
- Post-Close Performance: Develop and track Post-Closing Performance Dashboards to measure realized synergies against the original investment thesis, ensuring our inorganic moves drive measurable ROI
Financial Analysis & Narratives
- Financial Modeling: Build and own sophisticated financial models, including three-statement projections, DCF, accretion/dilution, and synergy analyses
- Insight Synthesis: Distill complex financial and operational data into clear, concise briefing memos and slide decks for leadership and the Board
- "Build-Buy-Partner" Analysis: Perform rigorous financial trade-off analyses to help evaluate whether to build a capability in-house or acquire it
Operational Excellence
- M&A Toolkit Management: Maintain and improve DriveWealth’s internal M&A playbooks and diligence checklists, incorporating AI tools to speed up data analysis and reporting
What You Bring
- 4+ years of experience in investment banking or corporate development, preferably in Financial Services and/or Fintech or equivalent industries
- Bachelor’s Degree in related field
- A track record of ownership and disciplined execution in high-stakes environments
- The ability to prioritize ruthlessly, focussing on what’s critical versus important to drive work to completion
- A client-oriented mindset with an understanding of how your work impacts partners
- Strength in cross-functional partnership with the judgment to coordinate across multiple teams
- A bias toward transparency, accountability, and responsiveness in everything you do
- You’re committed to continuous improvement and implicitly believe that we > I
- Impeccable high integrity, sound judgment, and a deep respect for risk, control, and operational excellence
Applicants must be authorized to work for any employer in the U.S. DriveWealth is unable to sponsor an employment Visa at this time.
Compensation
Compensation package offerings are based on candidate experience and technical qualifications, as it relates to the role. These are identified and determined throughout your interviewing experience.
Please note: this role is expected to come into our office on a cadence set by the Hiring Manager/Team.
We do our best work when we’re in the same room. To maintain the speed our partners expect, our New York and Chicago teams work in-office 4 days a week. We’ve found that being physically side-by-side is the only way to solve complex problems in real-time and stay truly accountable to the products we ship. When you’re here, you’re working directly with the people making the decisions. To support that work, we provide competitive compensation, equity, and a 401(k) match. We also offer full insurance coverage, a wellness reimbursement, a company-provided phone, and a personal development allowance. Finally, we value the time you spend away from the office with generous PTO, observed holidays, and extended leave.
How We Think About AIWe leverage AI to work smarter and move faster. We seek AI curious talent who are proactive about using emerging tools to increase signal quality, reduce friction and improve outcomes to deliver product faster, provide better service to our partners, and to streamline processes. Your ability to leverage our internal tools and technology to drive results is as important to us as your core domain expertise.
CompensationPay is generally based upon the level, complexity, responsibility, location and job duties / requirements of the specific position. We then source candidates with the requisite skills, expertise, education, training, and experience. If you are selected for an interview, please feel welcome to speak to a recruiter about our compensation philosophy and other available benefits. This role is eligible for base, bonus, equity, 401(k) match, and heavily subsidized benefits and perks.
Equal Employment OpportunityTo build technology and products that are used and loved by people and solve real-world problems, we need to build a team with many different perspectives and experiences. We are an equal opportunity employer. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. We encourage candidates from all backgrounds to apply. Applicants in need of special assistance or accommodation during the interview process or in accessing our website may contact us at [email protected].
Agency DisclaimerDriveWealth does not accept agency resumes. Do not forward resumes to our jobs alias, employees, or any other organization location. DriveWealth is not responsible for any fees related to unsolicited resumes.
Top Skills
DriveWealth Jersey City, New Jersey, USA Office
Located right across the water from NYC's financial district, our technology office is only one stop away from Manhattan.
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