(Senior) Associate, Enterprise Strategy & Development

Thrivent; Pennsylvania; Remote; USD 124,000 - 168,000; Full time

Job summary

A leading financial services organization is seeking a (Senior) Associate in Enterprise Strategy & Development. This remote role focuses on strategic project analysis, financial modeling, and collaboration with various internal and external stakeholders. Ideal candidates possess a bachelor's degree and 4+ years of experience in investment banking or finance. The position offers competitive compensation and comprehensive employee benefits.

Benefits

Medical, dental, and vision insurance

401k and pension plans

20 days Paid Time Off

Paid parental leave

Qualifications

• 4+ years of experience in investment banking, private equity, consulting, or corporate development.
• Exceptional analytical, interpersonal, written and verbal communication skills.
• Self-directed with strong work ethic and intellectual curiosity.

Responsibilities

• Perform fundamental analysis and financial modeling for strategic projects.
• Collaborate to develop Thrivent’s inorganic strategy and deal structures.
• Prepare and deliver management-level committee and board presentations.

Skills

Analytical skills

Communication skills

Financial modeling

Attention to detail

Education

Bachelor’s degree in finance or accounting

Tools

Excel

PowerPoint

Word

Job description

We exist to help people achieve financial clarity. At Thrivent, we believe money is a tool, not a goal. Driven by a higher purpose at our core, we are committed to providing financial advice, investments, insurance, banking and generosity programs to help people make the most of all they’ve been given.

At our core, we are a membership-owned fraternal organization, as well as a holistic financial services organization, dedicated to serving the unique needs of our clients. We focus on their goals and priorities, guiding them toward financial choices that will help them live the life they want today—and tomorrow.

Job Summary

The (Senior) Associate, Enterprise Strategy & Development, will work as a member of the Enterprise Strategy team. This position works closely with internal Business Unit Leaders, Finance, Legal, and other functional groups to evaluate, execute, and report on Enterprise Strategy projects across various functions and topics. You will also work closely with internal stakeholders and external consultants to underwrite and coordinate strategic acquisitions, investments (equity and debt), and strategic partnerships to enable Thrivent to execute its Enterprise strategy.

In this role, you will:

• Perform fundamental analysis, including financial modeling and valuation for Enterprise Strategy projects and new deal activity, and communicate conclusions to the Enterprise Strategy team.
• Research relevant sector trends, market- and company-specific information, including operational metrics and valuation multiples.
• Manage an M&A and investment pipeline and monitor relevant transactions for Thrivent.
• Create investment memorandums and presentations for Thrivent leadership, including the ELT and the Board.
• Work on miscellaneous special projects.

We are open to candidates working remotely anywhere across the United States but prefer this person to be located in the New York City, NY area.

Job Responsibilities and Duties

• Rigorous analysis of the viability of a strategic project or opportunity, including historical financials, projections, unit economics, strategic positioning, and value proposition to provide insight on strategic and economic risk-adjusted return.
• Collaborate to develop Thrivent’s inorganic strategy, preferred tactics, and deal structures to operationalize the strategy.
• Lead the financial modeling, valuation, research, and financial due diligence coordination workstream for inorganic initiatives and strategic projects, in close coordination with the Finance and Legal functions.
• Support end-to-end deal execution, including preparing transaction documents, financial analysis, due diligence, coordinating various internal and external parties, and organizing information into presentable formats.
• Prepare and deliver management-level committee and board presentations that reflect fundamental analysis and provide actionable recommendations.
• Monitor strategic investments and deal activity, communicating with management on a frequent basis the performance of investments.
• Maintain and refine the standardization of internal project management and diligence best practices to ensure understanding of strategic value and risk, provide recommendations around mitigation, as well as track and archive best practices and learnings.

Job Qualifications

Required:

• Bachelor’s degree required; Concentration in finance or accounting preferred.
• 4+ years of experience in investment banking, private equity, accounting, finance, consulting or corporate development.
• Exceptional analytical, interpersonal, written and verbal communication skills.
• Excellent financial modeling skills, including 3-statement financial analysis, with proficiency in Excel, PowerPoint, and Word.
• Strong history of achievement in past professional and academic experiences.
• Self-directed individual with strong work ethic, intellectual curiosity, and great attention to detail.

Preferred:

• Master of Business Administration degree with a concentration in finance or accounting preferred.
• CFA preferred.
• 6+ years of experience in investment banking, private equity, accounting, finance, consulting, or corporate development within the financial services or financial services technology sectors.

Additional Information

• This position is a full-time remote opportunity; New York City, NY preferred.

Thrivent provides Equal Employment Opportunity (EEO) without regard to race, religion, color, sex, gender identity, sexual orientation, pregnancy, national origin, age, disability, marital status, citizenship status, military or veteran status, genetic information, or any other status protected by applicable local, state, or federal law. This policy applies to all employees and job applicants.

Thrivent is committed to providing reasonable accommodation to individuals with disabilities. If you need a reasonable accommodation, please let us know by sending an email to [e-mail] or call 800-847-4836 and request Human Resources.

The applicable salary or hourly wage range for this full-time role is $124,010.00 - $167,778.00 per year, which factors in various geographic regions. The base pay actually offered will be determined by a variety of factors including, but not limited to, location, relevant experience, skills, and knowledge, business needs, market demand, and other factors Thrivent deems important.

Thrivent offers various bonuses, medical, dental, and vision insurance, health savings account, flexible spending account, 401k, pension, life and accidental death and dismemberment insurance, disability insurance, supplemental protection insurance, 20 days of Paid Time Off each year, Sick and Safe Time, 10 paid company holidays, Volunteer Time Off, paid parental leave, EAP, well-being benefits, and other employee benefits.