AVP, Corporate Development

The Opportunity Corporate Development is a highly dynamic unit that is responsible for two primary pools of activity: Managing all aspects of mergers, acquisitions and divestitures for Manulife on an end-to-end basis (i.e. sourcing deals, analysis, leading due diligence, handling overall deal management, valuation, competitive bid positioning, deal structure, deal tactics, deal negotiations, internal approval processes and presentations, integration planning oversight, closing the deal, post-closing monitoring of the deal); and Other major strategic and ad hoc projects consistent with the company’s strategic plans. To fulfill its primary mandate, the Corporate Development team proactively collaborates with Segment and business unit leadership and their teams. The working environment is heavily team oriented, and collaboration driven. Corporate Development acts as a catalyst, enabler and partner to help Manulife’s Operating Segments execute their business strategies through M&A as a complement to organic growth. The unit also acts as a control function on deals, to ensure that transactions are identified, assessed, valued, structured, negotiated, managed and executed in line with an established process, and in a manner which helps manage all key areas of risk. Reporting into the Global Head of Corporate Development, the AVP, Corporate Development, will play an instrumental role in working with business units across Manulife to implement strategic initiatives. The role’s primary accountabilities include: 1) M&A execution 2) supporting and participating in initiatives that drive shareholder value 3) leading a team of skilled professionals with a focus on training, coaching and talent management/development. Position Responsibilities M&A execution Prepare 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 leaders from most relevant business unit(s) 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. Activities include: Organizing and leading due diligence processes. Negotiating, preparing and/or reviewing legal documentation (NDA, LOI, Binding Offers, Purchase and Shareholder Agreements, Regulatory applications) 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. Development of presentations for Executive discussion/approval 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. Develop and implement frameworks, processes, and communications to more effectively identify, analyze, and present M&A opportunities Support strategic initiatives that drive Shareholder Value Provide market facing insight into proactive M&A analysis and prioritization Coordinate strategic and/or financial analysis supporting business unit leaders in the execution of their business plans on matters related to mergers, acquisitions and divestitures Keeping informed of company-wide efficiency and effectiveness initiatives and bringing about change through the adoption of technology, infrastructure, best practice, tools and processes to improve the Corporate Development function 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 12+ 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 one of the following designations, FSA/FCIA, MBA, CFA, CBV or CPA. Knowledge of innovation cycle within large financial institutions. Confidence, maturity and credibility to deliver and present to Senior Executive leadership and business unit leadership teams. 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 business unit 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. Work well under pressure. High level of self‑motivation and keen sense of “owning” and delivering on project deliverables. Willingness to travel as required. Global mindset and ability to work with people of different cultures and across geographies. Ability to effectively work in a matrix model, managing relationships with key stakeholders at various levels. 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. Location: Toronto, Ontario Work modality: Hybrid Salary range: $129,800.00 CAD – $241,200.00 CAD Benefits Manulife offers a wide variety of benefits, including health, dental, mental health, vision, short- and long-term disability, life insurance and accidental death and dismemberment, adoption/subrogation, and wellness, as well as employee assistance/family programs. We also provide several retirement savings plans (including pension plans and a global equity ownership plan with matching employer contributions) and financial planning and education resources. Our generous paid time‑off program in Canada includes statutory holidays, vacation, personal days, and sick days, and we provide the full range of regulatory leave. If you are applying for this position in the United States, please contact View email address on click.appcast.io for further information on U.S. specific paid time‑off provisions. EEO Statement Manulife es un empleador que ofrece igualdad de oportunidades. En Manulife/John Hancock, valoramos nuestra diversidad. Nos esforzamos por atraer, formar y retener una fuerza laboral tan diversa como los clientes a los que prestamos servicios, y para fomentar un entorno laboral inclusivo en el que se aprovechen las fortalezas de las culturas y las personas. Estamos comprometidos con la equidad en las contrataciones, la retención de talento, el ascenso y la remuneración, y administramos todas nuestras prácticas y programas sin discriminación por motivos de raza, ascendencia, lugar de origen, color, origen étnico, ciudadanía, religión o creencias religiosas, credo, sexo (incluyendo el embarazo y las afecciones relacionadas con este), orientación sexual, características genéticas, condición de veterano, identidad de género, expresión de género, edad, estado civil, estatus familiar, discapacidad, o cualquier otro aspecto protegido por la ley vigente. Nuestra prioridad es eliminar las barreras para garantizar la igualdad de acceso al empleo. Un representante de Recursos Humanos trabajará con los solicitantes que requieran una adaptación razonable durante el proceso de solicitud. Toda la información que se haya compartido durante el proceso de solicitud de adaptación se almacenará y utilizará de manera congruente con las leyes y las políticas de Manulife/John Hancock correspondientes. #J-18808-Ljbffr Manulife