AVP, Corporate Development

Company: CGL

Department:
Corporate Development

Employment Type:

Regular Full-Time

Work Model:
Hybrid (2 days in office)

Language:
English is required, French is an asset.

Additional Information:
This/these role(s) is/are currently vacant

We are a leading Canadian financial services co‑operative committed to being a catalyst for a sustainable and resilient society and our team is essential to deliver on this strategy. That’s why we prioritize our people, to ensure we provide a strong culture and development opportunities which enables our team to thrive and to live our purpose. The best part is that you will work with people that care passionately about you, our clients and our communities.

Our national Finance team aspires to create, enhance, and protect value for our organization and its stakeholders. Our knowledgeable team educates and influences the organization to make well‑informed, risk‑based decisions. We think innovatively and strategically to solve business problems and strive to move our business forward with practical, integrated processes and tools that ensure organizational success.

The AVP, Corporate Development is a national role across the CGL group of companies and will report to the Vice President, Corporate Development & Capital Management in the following primary areas: i) execution and management of transactions and implementing the mergers, acquisitions and divestiture strategy; ii) ongoing management, monitoring, and value preservation of the investments within the Corporate Venture Fund (“CVC”) iii) independently preparing detailed and highly complex financial modelling;

iv) preparing clear and concise business plans and/or presentations for approval to the VP Corporate Development & Capital Management, the CFO, and/or the Board of Directors; v) conducting primary capital markets and corporate finance research to support the CGL Group strategy; vi) tracking and reporting on the financial and strategic performance of the existing CVC fund.

• Lead M&A activities as required:
  Negotiate with counter party and their lawyers and representatives; work with our business representatives to achieve their goals and objectives; all while safeguarding the interests of the corporation
• Perform primary research to identify and analyze potential acquisition targets and initially assess strategic fit with The Co-operators
• Conduct detailed and complex financial modeling and risk analysis that requires thorough and in‑depth understanding of private company financial statements, discounted cash flow modeling and various valuation methodologies
• Leads quarterly and annual updates to the CGL Board of Directors as needed by the VP Corporate Development & Capital Management
• Play a critical role in supporting fund operations – including ensuring we deeply understand portfolio company metrics and how they trend over time
• Maintain market intelligence strictly within the sectors of our existing portfolio companies to accurately benchmark performance, valuation and exit opportunities.
• Build and lead a high performing team to achieve M&A initiatives: recognize high performance and contribution, foster a development culture; coach team members to meet and exceed expectations; encourage, inspire and empower others.

• You hold a Bachelor’s degree in Business, Finance, Commerce or a related discipline in addition to a CFA or CPA designation
• You have ten (10) + years of experience in corporate development, investment banking, or specialized transaction advisory
• You have corporate development, private equity, or venture capital experience with strong emphasis on post-merger integration, portfolio management, and asset valuation/divestitures
• You possess merger and acquisition, joint venture, divestiture strategy and transaction experience, with financial services exposure preferred.
• You have exceptional Excel modelling skills including macros, pivot tables, sensitivity tables.

• You initiate new strategies to capitalize on opportunities and lead the implementation of organizational change.
• You integrate complex information to identify solutions or solve…