Manager, Corporate Development

Job Description

Job Description

Manager, Corporate Development

Location: UK or US (Remote)
Start: ASAP
Contract: Full-Time / Permanent
Travel: International (as required)

About Rubix

At Rubix, we design and deliver end-to-end AI data center infrastructure — from site origination and development through to long-term operations. We partner with customers to scale AI with speed, efficiency, and sustainability, backed by secured land, power access, and accelerated delivery models. Rubix is part of the Submer Group, delivering the infrastructure and platforms AI runs on.

What Impact You Will Have

The Manager, Corporate Development supports the evaluation and execution of Rubix's land acquisitions, whether structured as a direct real estate transaction or as the acquisition of an entity that holds the land. The role builds the financial analysis behind each opportunity and prepares the business case on which leadership and investors base their capital decisions.

Reporting to the Director, Underwriting & Investment Analysis, the Manager owns the deal model and the investment narrative for each opportunity and leads the financial diligence that tests both. The role works closely with Land Acquisition, Legal, Tax, and external advisors throughout each transaction.

This is a hands-on individual contributor role, with a path to building and leading a small analyst team as deal volume grows.

What You'll Do

Financial modelling (primary focus)

• Build and own the deal model for every land opportunity, whether the land is acquired or secured through a real estate transaction, an option or long lease, or an M&A of an entity that holds it.
• Model acquisition economics end to end: acquisition price, financing, holding costs, development phasing, and the path to a built, revenue-generating asset.
• Model power and interconnection economics alongside the land: power purchase agreements, grid connection terms and queue position, and the deposits or milestone payments tied to securing power. On a data center site, power terms can move the answer as much as the land price.
• Calculate and explain returns: IRR, NPV, and the capital each deal ties up.
• Run sensitivity and scenario analysis on the assumptions that move the answer most: land and build cost, power price and availability, financing terms, and timing.
• Build downside and stress cases so leadership sees the floor, not just the base case.
• Keep one consistent modelling approach across deals so any two opportunities can be compared on the same basis.

Business case preparation (primary focus)

• Turn each model into a clear go / no-go business case with a stated recommendation, not a data dump.
• Write the investment papers and build the decision materials for the Director, executive leadership, and investors.
• Translate technical and legal inputs (engineering costs, power contracts, deal structure, tax) into financial assumptions a non-specialist can follow.
• Lead with the answer: what we should do, what it costs, what could go wrong, and why the return justifies the risk.

Deal diligence and execution support

• Run the financial workstream of due diligence on target land and target entities: quality of earnings, liabilities, tax exposure, and contract review alongside advisors.
• For entity acquisitions, dig into the company behind the land: what else sits on its balance sheet, what we inherit, and how the deal should be structured.
• Assess entitlement and permitting risk: zoning, planning approvals, and grid connection status, and how those gates affect deal timing and staged payments.
• Track diligence findings and feed them back into the model and the business case as they surface.
• Support negotiation with the numbers behind price, structure, and key terms.

Cross-functional partnership

Work closely with:

• Land Acquisition & Energy for site and power inputs
• Engineering & Design for cost and technical assumptions
• Legal & Tax for deal structure, risk allocation, and diligence
• Finance & Strategy for funding, returns thresholds, and portfolio fit

What You'll Need

• 6 to 8 years in corporate development, investment banking, private equity, transaction services, or infrastructure / project finance.
• Strong financial modelling skills. You can build a deal model from a blank sheet and defend every line in it.
• Hands-on experience supporting M&A or real estate transactions through diligence and execution.
• Clear written communication. You can take a complex deal and write a one-page recommendation an executive will read and understand.
• Useful, not required: exposure to data centers, energy / power, real assets, or other capital-heavy sectors; understanding of project finance and how risk is shared across development, construction, and operations; experience working across jurisdictions.
• Comfortable in a fast-moving, early-stage environment where the process is still being built and ownership is high.

What We Offer

• A central role in shaping Rubix's global investment strategy and capital deployment

• Direct exposure to high-value infrastructure projects at the forefront of AI growth

• Opportunity to work across the full lifecycle of assets—from origination through operations

• A fast-scaling, entrepreneurial environment with significant ownership

Rubix offers competitive compensation including base pay, performance incentives, and benefits.

Our job titles may span more than one job level. The actual base pay is dependent on a number of factors, such as transferable skills, location, work experience, business needs and market demands.

Our inclusive responsibility

Rubix is committed to creating a diverse and inclusive environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, veteran status, or any other protected category under applicable law.