Associate, Corporate Development

Trammell Venture Partners, L.L.C.; United States; Remote; USD 100,000 - 180,000; Full time

Job summary

Kraken is a mission-focused crypto platform seeking an Associate on the Corporate Development team to drive due diligence and support growth initiatives across live transactions worldwide.

We seek a candidate with 4+ years at a top-tier bank, VC, PE, or consulting, strong financial modeling and valuation skills, and the ability to juggle multiple high-priority deals. Kraken maintains a remote-friendly culture with global teams and a robust crypto product focus.

Qualifications

• Bachelor's degree in Business/Finance or related field.
• 4+ years experience at leading bank/VC/PE/consulting/startup.
• Excellent financial modeling and valuation skills.
• Strong writing and storytelling abilities on industry trends and implications.
• Advanced Excel and data analysis skills.
• Ability to manage multiple high-priority transactions in parallel.

Responsibilities

• Lead due diligence across live transactions with cross-functional DRIs and maintain data rooms.
• Build initial operating models, comps, DCF and returns analyses for deals.
• Prepare first-pass screening memos and company teardowns on inbound opportunities.
• Support ownership of the venture investment portfolio with KPI updates and valuation tracking.
• Assist FP&A with rolling cash flow forecasts for deal-related cash obligations.
• Prepare executive deal materials and Board pages with supporting data.

Skills

Financial modeling

Valuation

Excel

Data analysis

Deal memos

Problem solving

Storytelling

Education

Bachelor's degree in Business/Finance

Tools

SQL

Job description

Our Krakenites are a world-class team with crypto conviction, united by our desire to discover and unlock the potential of crypto and blockchain technology.

What makes us different?

Kraken is a mission-focused company rooted in crypto values. As a Krakenite, you’ll join us on our mission to accelerate the global adoption of crypto, so that everyone can achieve financial freedom and inclusion. For over a decade, Kraken’s focus on our mission and crypto ethos has attracted many of the most talented crypto experts in the world.

Before you apply, please read the Kraken Culture page to learn more about our internal culture, values, and mission. We also expect candidates to familiarize themselves with the Kraken app. Learn how to create a Kraken account here .

As a fully remote company, we have Krakenites in 70+ countries who speak over 50 languages. Krakenites are industry pioneers who develop premium crypto products for experienced traders, institutions, and newcomers to the space. Kraken is committed toindustry-leading security,crypto education, andworld-class client supportthrough our products likeKraken Pro,Desktop,Wallet, andKraken Futures.

Become a Krakenite and build the future of crypto!

The team

Founded in 2011, Kraken is one of the world’s longest-standing crypto platforms, trusted by over 10 million individuals and institutions across the globe. It offers spot trading, margin, futures, staking, and OTC services, with products built for both individual investors and institutional clients.

As a market leader in one of the fastest-growing industries in the world, Kraken is expanding across multiple dimensions — including through M&A and strategic investments globally. The Corporate Development team is central to that growth, helping Kraken stay nimble and opportunistic as we pursue leap-frog deals and new sources of competitive advantage.

As anAssociateon our Corporate Development team, you’ll play a significant role in our M&A, and growth activities globally.

The Opportunity

• Lead due diligence across live transactions with cross-functional DRIs, organize and maintain the data rooms, schedule diligence and debrief sessions, and draft consolidated diligence reports.
• Build initial operating models, trading comparables and precedent transactions, DCF and returns analyses, and accretion / dilution support.
• Produce first-pass screening memos and company teardowns on inbound opportunities
• Support ownership of our venture investment portfolio: maintain the deal-terms inventory (ownership, instrument, pro-rata, information rights, board / observer seats), collect quarterly portfolio-company KPI updates, and track valuation marks with IRR / MOIC per position.
• Support the M&A cash obligations backbone with the rolling forecasts of deal-related cash outflows (consideration, holdbacks, to earnouts) for FP&A and Treasury.
• Prepare executive deal materials, Board pages, to supporting data analysis.
• Additional duties and responsibilities as assigned.

What You Bring

• Bachelor’s degree (BA or BS) from a university in Business, Commerce, Finance, Actuarial Science, or a related field.
• 4+ years of experience at a leading investment bank, venture capital firm, private equity firm, management consultancy, or startup.
• Excellence in understanding and scrutinizing business models (financials, mechanics, quality) within a financial institution.
• Excellent financial modeling and valuation skills.
• Demonstrated problem solving skills, writing experience (deal memos), and storytelling skills on industry trends, implications, and pain points.
• Advanced Excel and experience with data analysis tools.
• Ability to work self-directed and fluidly across multiple live, high-priority transactions in parallel.

Nice to Haves

• Proficiency with SQL.
• Strong network in crypto and/or traditional financial markets is a plus.
• Technical background or strong knowledge of industry software products and services.