Corporate Development Associate

Who you are

• 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
• 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
• We encourage you to apply for roles where you don't fully meet the listed requirements, especially if you're passionate or knowledgeable about crypto

What the job involves

• 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 an Associate on our Corporate Development team, you’ll play a significant role in our M&A, and growth activities globally
• 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

The application process

• Unless a specific application deadline is stated in the job posting, applications are accepted on an ongoing basis

Benefits

• Remote-first and work from anywhere
• Competitive salary regardless of location, and the option to be paid in crypto
• Equity grants offered with most roles
• Flexible paid time off
• Wellness Program that includes a fitness coach, free access to wellbeing apps, and a monthly wellness stipend
• Mental health and life coaching benefits for you and your dependents
• Startup-level autonomy with the scale and learning opportunities of a global platform
• Remote workstation set-up bonus
• And more!