Senior Manager Corporate Development

Bimbo Bakeries USA; Irving (TX); On-site; USD 126,100 - 176,500; Full time

Benefits offered by this job

Comprehensive Benefits Package

401k & Company Match

Annual Bonus Eligibility

Paid Time Off

Job summary

Bimbo Bakeries USA is seeking a Corporate Development member to drive inorganic growth via venture investments and M&A activities. The position is essential for aligning financial strategies with the company's long-term positioning in the food CPG landscape.

Ideal candidates will have over 7 years of business experience in relevant sectors such as venture capital or investment banking. This full-time in-office role is based in Dallas, Texas, with an expected travel requirement of 25-35%.

Qualifications

• 7+ years of experience in corporate development, venture capital, or related fields.
• Strong financial modeling and accounting skills.
• Genuine interest in the food and CPG industry.

Responsibilities

• Lead venture investments and M&A activity.
• Build investment recommendations for BBU and Grupo Bimbo.
• Support negotiation and execution of deals.

Skills

Deal Judgment

Analytics

Communication

Thought Leadership

Business Expertise

Teamwork

Leadership

Education

Bachelor's degree

MBA preferred

Job description

Have you ever enjoyed Arnold®, Brownberry® or Oroweat® bread? A Thomas’® English muffin or bagel? Or perhaps snacked on a Sara Lee®, Entenmann’s® or Marinela® cake or donut? If the answer is yes, then you know Bimbo Bakeries USA! More than 20,000 associates in bakeries, sales centers, offices and on sales routes work to ensure our consumers have the freshest products at every meal.

Position Summary

As a member of the Corporate Development team, you will help drive Grupo Bimbo’s and Bimbo Bakeries USA’s inorganic growth by leading venture investments, supporting M&A activity, and shaping strategic partnerships. The role sits at the intersection of capital deployment and strategic insight: every dollar we put to work is expected to advance BBU’s long‑term position in the food CPG landscape.

Key Responsibilities

• Venture Investing
  • Build and maintain a proactive sourcing engine by engaging with founder and operator networks, developing banker and broker relationships, trade show coverage, investor co‑investment dialogues, and direct outreach to companies of interest.
  • Lead full‑cycle deal execution: commercial, financial, and operational diligence; investment memo development; financial modeling and valuation work; term sheet negotiation; and coordination with legal counsel.
  • Build and present investment recommendations to BBU and Grupo Bimbo investment committees.
  • Manage active portfolio company relationships, including periodic check‑ins, support of management teams, and identification of strategic and commercial collaboration opportunities within BBU.
  • Track portfolio performance, surface emerging risks and opportunities, and recommend follow‑on investments or exit paths as appropriate.
• M&A Support
  • Deal identification and target screening across categories of strategic interest.
  • Build M&A business cases, including financial modeling, synergy analysis, valuation, and risk assessments.
  • Lead and coordinate workstreams within cross‑functional diligence teams covering commercial, financial, operational, legal, and integration considerations.
  • Support negotiation and execution, working closely with the Director of Corporate Development and senior BBU and Grupo Bimbo stakeholders.
• Strategic Partnerships
  • Evaluate and structure joint ventures, sweat equity arrangements, and other complex partnership constructs.
  • Coordinate with BU leadership to ensure partnership economics and strategic intent are aligned.
• Expectations and Responsibilities
  • Own and drive multiple concurrent workstreams, balancing competing demands and timelines.
  • Develop and own perspectives on category dynamics, white spaces, emerging trends, and competitive activity in food and CPG; translate those perspectives into actionable investment theses and a forward‑looking pipeline.
  • Become a trusted resource to corporate leadership for external market intelligence.
  • Prepare and present materials to BBU and Grupo Bimbo Senior Leadership with appropriate oversight from the Director.
  • Manage analysts and MBA summer interns where applicable, including project staffing, coaching, and feedback.

Key Behavioral Competencies

• Deal Judgment, Analytics, and Communication: Sound commercial instincts and the rigor to form and defend an investment view under uncertainty.
• Thought Leadership and Business Expertise: Demonstrated point of view on where the food and CPG space is going and what makes a business worth investing in.
• People, Teamwork, and Leadership: Strong executive presence and the ability to build credibility quickly with founders, CEOs, senior internal leaders, and external counterparties.

Education and Work History

• Bachelor’s degree required; MBA preferred.
• 7+ years of cumulative business experience, ideally including corporate development, venture capital, private equity, investment banking, management consulting, or operating roles in food and CPG.
• Demonstrated facility with financial modeling, accounting concepts, and valuation.
• Genuine and demonstrated interest in the food and CPG industry.
• Willingness to travel 25-35% for trade shows, target company visits, portfolio company engagement, and internal meetings.
• Role based in Dallas, Texas; full‑time, in‑office position.

Benefits

• Salary Range: $126,100 - $176,500
• Annual Bonus Eligibility
• Comprehensive Benefits Package
• Paid Time Off
• 401k & Company Match

Bimbo Bakeries USA is an equal opportunity employer with a policy that provides equal employment opportunity for applicants and employees regardless of race, color, religion, sex (including pregnancy, sexual orientation, or gender identity), national origin, age, disability, genetic information, marital status, veteran status, or any other classification protected by law. It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.