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Manager, Corporate Development

Spring Health
New York City, United StatesRemotefull_timeVerifiedPosted 26 Jun 2024
💰 $138,000/yr($110,400/yr$138,000/yr)

About the role

Our mission: to eliminate every barrier to mental health. 

Spring Health is a comprehensive mental health solution for employers and health plans. Unlike any other solution, we use clinically validated technology called Precision Mental Healthcare to pinpoint and deliver exactly what will work for each person  — whether that’s meditation, coaching, therapy, medication, and beyond. 

Today, Spring Health equips over 800 companies, from start-ups to multinational Fortune 500 corporations, as a leading and preferred mental health service. Companies like J.P. Morgan Chase & Co., Microsoft, J.B. Hunt, Bumble, and Instacart use the Spring Health platform to provide mental health services to thousands of their team members globally. We have raised over $370 million from prominent investors including Kinnevik, Tiger Global, Northzone, RRE Ventures, and many more. Thanks to their partnership, our current valuation has reached $2.5 billion.

We are seeking a highly motivated Manager of Corporate Development to join our team. Reporting to the Senior Director, Corporate Development, the successful candidate will play a crucial role in driving the company's growth through strategic initiatives, acquisitions and partnerships and will also be responsible for supporting our investor relations function. The successful candidate will have strong knowledge of the behavioral health competitive landscape and understand industry and regulatory trends that impact our business. The successful candidate will have strong attention to detail, project management skills and proven success working on M&A transactions.

 

What you’ll be doing:

  • Contribute to our mission to eliminate every barrier to mental healthcare for our members
  • Lead the identification, evaluation, and execution of strategic partnerships, mergers, acquisitions, and other corporate development opportunities.
  • Conduct thorough market research and analysis to identify potential business opportunities, industry trends, and competitive landscape.
  • Develop and maintain strong relationships with external partners, industry leaders, and key stakeholders to enhance collaboration and identify potential growth avenues.
  • Collaborate with cross-functional teams to assess potential synergies, risks, and financial implications of corporate development initiatives.
  • Coordinate investor meetings, presentations, and roadshows to build and maintain positive relationships with the investment community.
  • Perform financial modeling, valuation, and due diligence activities to support corporate development initiatives.
  • Analyze and interpret financial data to develop insights into the company's strategic opportunities and present findings to senior leadership.

 

What we expect from you: 

  • 3+ years of experience at a top-tier investment banking, consulting firm, within an equivalent corporate development/strategy group or working in FP&A at a hyper-growth startup
  • Strong financial acumen with the ability to analyze complex financial data and make strategic recommendations.
  • Excellent communication and presentation skills with the ability to convey complex information to various stakeholders.
  • Demonstrated ability to lead cross-functional teams, including balancing many cross-functional stakeholders, and manage multiple projects simultaneously 
  • Strong interpersonal skills with the ability to build and maintain relationships at all levels.
  • Proactive and creative problem-solver who takes initiative on implementing new approaches and processes
  • Ability to think about the long-term strategy of the company and the industry
  • Self-starter with bias to action and orientation towards business outcomes
  • Exceptional team player who will embrace ambiguity, take initiative to anticipate and solve problems, consistently follow through on commitments, and build positive and productive working relationships
  • Exceptional communication, organizational, and collaboration skills
  • Adept at delivering effective written and verbal communications  - you can simplify the most complicated concepts for any audience
  • Resilient & passionate: We’re just at the start of a long journey to eliminate every barrier to mental health, and change is a constant
  • Effective at balancing analytical thinking and an orientation towards results with strong user empathy when making decisions

 

Preferred qualifications:

  • Proven experience in corporate development, mergers and acquisitions, and investor relations within the healthcare or behavioral health industry
  • Hypergrowth start-up experience

The target salary range for this position is $110,400 - $138,000

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Company

Spring Health

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