VP Corporate Development

Corporate Development at Manulife is responsible for managing mergers, acquisitions, and divestitures from start to finish, as well as handling strategic and ad hoc projects aligned with the company's goals and growth ambitions. The team collaborates closely with segment and function leaders in a highly team-oriented environment. Acting as a catalyst and partner, Corporate Development helps execute business strategies through M&A, ensuring transactions are managed and executed to mitigate risks. The VP, Corporate Development, reports to the Global Head of Corporate Development and is primarily accountable for: 1) M&A execution 2) drive shareholder value through strategic initiatives 3) leading a team of skilled professionals with a focus on training, coaching and talent management/development.
Position Responsibilities:
Lead strategic and financial analysis of potential transaction opportunities to facilitate Senior Management decision-making. Activities include:
Assessment of potential transaction rationale and strategic fit in consultation with key stakeholders.
Leading valuation analysis including financial modeling and estimation of synergies
Identifying and quantifying the potential benefits and risks.
Analysis of impact on total company (e.g. earnings, accretion / dilution, return on equity, capital, leverage, etc.).
Direct cross-functional teams in evaluating, negotiating, and completing merger, acquisition or divestiture opportunities that are aligned with the Company’s strategy.
Lead various stages of a transaction’s life cycle, collaborating with internal functional partners and business unit leaders as well as interfacing with counterparties and external advisors.
Maintain relationships with external advisors to ensure that the Company is presented with relevant ideas and opportunities that align with Corporate strategy and aspirations.
The position requires close working relationships with internal stakeholders across various business lines, Senior Executive Leadership and other functional areas (HR, Legal, Risk, Finance, Tax, Accounting Policy, Compliance, etc.). In addition, the position requires working with external parties (such as Legal, investment banking, consulting firms, etc.).
Ensure consistent approach to M&A evaluation and application of best practices to M&A activities across business lines.
Provide market facing insight into proactive M&A analysis and prioritization.
Provide thought leadership on Corporate Development initiatives and ensure compliance with standards and policies as it relates to the function.
Lead a team of skilled corporate development professionals:
Strong focus on training, coaching and talent management/development.
Champion a high-performance team environment.
Contributes to an inclusive work environment.
Required Qualifications:
10-15 years of relevant experience, including investment banking, corporate development, accounting, and other functions that involve financial modeling.
Valuation and transaction structuring experience, particularly with financial institutions (wealth and asset management, insurance, banking).
Undergraduate degree and a requirement of FSA/FCIA designation.
Knowledge of innovation cycle within large financial institutions.
Strong communication skills, including ability to translate complex technical issues into fundamental concepts.
Strong relationship-building skills to build effective working relationships with Segment and Function leaders.
Highly developed financial acumen and business orientation.
Ability to influence across all lines of business and at all levels within the Company.
Adaptability to respond to changing priorities.
Flexibility to manage multiple and competing priorities.
Willingness to travel as required.
Global mindset and ability to work across geographies.
When you join our team:
We’ll empower you to learn and grow the career you want.
We’ll recognize and support you in a flexible environment where well-being and inclusion are
more than just words.
As part of our global team, we’ll support you in shaping the future you want to see.
The role being advertised is an existing vacancy.
About Manulife and John Hancock
Manulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better. To learn more about us, visit https://www.manulife.com/en/about/our-story.html.
Manulife is an Equal Opportunity Employer
At Manulife/John Hancock, we embrace our diversity. We strive to attract, develop and retain a workforce that is as diverse as the customers we serve and to foster an inclusive work environment that embraces the strength of cultures and individuals. We are committed to fair recruitment, retention, advancement and compensation, and we administer all of our practices and programs without discrimination on the basis of race, ancestry, place of origin, colour, ethnic origin, citizenship, religion or religious beliefs, creed, sex (including pregnancy and pregnancy-related conditions), sexual orientation, genetic characteristics, veteran status, gender identity, gender expression, age, marital status, family status, disability, or any other ground protected by applicable law.
It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Manulife/John Hancock policies. To request a reasonable accommodation in the application process, contact hr@manulife.com.
Referenced Salary Location
Boston, Massachusetts
Working Arrangement
Hybrid
Salary range is expected to be between
$217,900.00 USD - $405,300.00 USD
Employees also have the opportunity to participate in incentive programs and earn incentive compensation tied to business and individual performance. The actual salary will vary depending on local market conditions, geography and relevant job-related factors such as knowledge, skills, qualifications, experience, and education/training. If you are applying for this role outside of the primary location, please contact hr@manulife.com for the salary range for your location.
Manulife/John Hancock offers eligible employees a wide array of customizable benefits, including health, dental, mental health, vision, short- and long-term disability, life and AD&D insurance coverage, adoption/surrogacy and wellness benefits, and employee/family assistance plans. We also offer eligible employees various retirement savings plans (including pension/401(k) savings plans and a global share ownership plan with employer matching contributions) and financial education and counseling resources. Our generous paid time off program in the U.S. includes up to 11 paid holidays, 3 personal days, 150 hours of vacation, and 40 hours of sick time (or more where required by law) each year, and we offer the full range of statutory leaves of absence.
We use data and analytics technologies, such as artificial intelligence (AI), and automated processing tools, to analyze and process the information you provide to us or third parties in the application process. For more information, please refer to our personal information collection statement.
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