Corporate Development is a highly dynamic unit responsible for two primary pools of activity:
Managing all aspects of mergers, acquisitions and divestitures for Manulife on an end-to-end basis.
Major strategic and ad hoc projects consistent with the company’s strategic plans.
The internal cultural theme behind the work is to act as a catalyst, enable and partner to help Manulife’s operating segments execute their business strategies through M&A as a complement to organic growth. The unit acts as a control function on deals, to ensure that transactions are identified, assessed, valued, structured, planned, negotiated, managed and executed in line with an established, well-controlled process, and in a manner which helps control all key areas of risk for any particular deal.
To fulfill its primary mandate, Corporate Development works with all segments within Manulife on a continuous basis, across all levels of the organization. The working environment is heavily team oriented, and collaboration driven.
Position Responsibilities:
Support the development of strategic optionality to improve total shareholder return.
Assess the impact of transactions or strategic initiatives with respect to Manulife’s operations, goals and objectives - both from a financial and strategic perspective.
Development of oral and written presentations which present analysis and conclusions in a clear and concise manner.
Conduct detailed research with respect to company or industry specific information, including but not limited to, competitor analysis, industry transaction analysis, emerging competitive, capital, regulatory and accounting landscapes.
Prepare reports and presentations on a variety of industry-related topics.
Support the valuation process for potential transactions, including peer review of calculations as well as period over period movements in capital, reserves, earnings projections and other transaction metrics.
Assist in managing transactions from initial evaluation stages through to due diligence, negotiations and closing.
Liaise with other areas to ensure assumptions used for the valuation are appropriate and consistent with Manulife’s standards.
Required Qualifications:
5-7 years of experience in Corporate Development or Investment Banking.
CPA, CFA or MBA.
Strong financial background.
Ability to analyze results, identify issues and coordinate quick, appropriate resolutions.
Flexibility and organizational skills are required to manage and prioritize several projects at one time.
Competence in developing pro forma financial statements on a standalone and consolidated basis.
Strong interpersonal and communication skills with demonstrated strong leadership.
Proactive, self-directed, and able to work independently with a team of professionals.
Strong written and visual presentation skills (particularly in PowerPoint).
Preferred Qualifications:
Strong understanding of financial statements, general accounting standards, industry ratios and other performance evaluation tools is an asset.
When you join our team:
As part of our global team, we’ll support you in shaping the future you want to see.
We’ll empower you to learn and grow the career you want.
We’ll recognize and support you in a flexible environment where well-being and inclusion are more than just words.
#LI-Hybrid
About Manulife and John Hancock
Manulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better. To learn more about us, visit https://www.manulife.com/en/about/our-story.html.
Manulife is an Equal Opportunity Employer
At Manulife/John Hancock, we embrace our diversity. We strive to attract, develop and retain a workforce that is as diverse as the customers we serve and to foster an inclusive work environment that embraces the strength of cultures and individuals. We are committed to fair recruitment, retention, advancement and compensation, and we administer all of our practices and programs without discrimination on the basis of race, ancestry, place of origin, colour, ethnic origin, citizenship, religion or religious beliefs, creed, sex (including pregnancy and pregnancy-related conditions), sexual orientation, genetic characteristics, veteran status, gender identity, gender expression, age, marital status, family status, disability, or any other ground protected by applicable law.
It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Manulife/John Hancock policies. To request a reasonable accommodation in the application process, contact recruitment@manulife.com.
Referenced Salary Location
Toronto, OntarioWorking Arrangement
HybridSalary range is expected to be between
$86,250.00 CAD - $155,250.00 CADIf you are applying for this role outside of the primary location, please contact recruitment@manulife.com for the salary range for your location. The actual salary will vary depending on local market conditions, geography and relevant job-related factors such as knowledge, skills, qualifications, experience, and education/training. Employees also have the opportunity to participate in incentive programs and earn incentive compensation tied to business and individual performance.
Manulife offers eligible employees a wide array of customizable benefits, including health, dental, mental health, vision, short- and long-term disability, life and AD&D insurance coverage, adoption/surrogacy and wellness benefits, and employee/family assistance plans. We also offer eligible employees various retirement savings plans (including pension and a global share ownership plan with employer matching contributions) and financial education and counseling resources. Our generous paid time off program in Canada includes holidays, vacation, personal, and sick days, and we offer the full range of statutory leaves of absence. If you are applying for this role in the U.S., please contact recruitment@manulife.com for more information about U.S.-specific paid time off provisions.