AVP, Corporate Development

Corporate Development Opportunity

Corporate Development is a highly dynamic unit responsible for managing all aspects of mergers, acquisitions and divestitures for Manulife on an end-to-end basis, and other major strategic and ad hoc projects consistent with the company's strategic plans.

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.

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 M&A execution, supporting and participating in initiatives that drive shareholder value, and leading a team of skilled professionals with a focus on training, coaching and talent management/development.

Position Responsibilities:

• M&A execution
• Direct cross-functional teams in evaluating, negotiating and completing merger, acquisition or divestiture opportunities that are aligned with the Company's strategy
• The position requires close working relationships with internal stakeholders across various business lines, Senior Executive Leadership and other functional areas
• 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

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.

Manulife is an Equal Opportunity Employer

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.

Referenced Salary Location

Toronto, Ontario

Working Arrangement

Hybrid

Salary range is expected to be between $ CAD - $ CAD

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…