Manager, Corporate Strategy & Development
Detroit, MI 
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Posted 12 days ago
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Job Description
Position: Manager, Corporate Strategy & Development
Location: Remote
Remote Status: Remote
Job Id: 2317
# of Openings: 1
Manager, Corporate Development & Strategy

About Us

We are BetMGM. We are revolutionizing sports betting and online gaming in the United States. We are a partnership between two powerhouse organizations-MGM Resorts International and Entain Group. You know our name through our exciting portfolio of brands including BetMGM Sportsbook, Borgata online, Party Casino and Party Poker. We aim to bring our ideas into action and find ways to deliver the best quality in gaming platforms.

We understand that each card in the deck plays a unique role in any given hand, just as our employees each play a unique role in accomplishing our goals as a company. We strive to create a culture of empathy where our employees feel valued, heard, and comfortable bringing their authentic selves to work. We want to build a product and a workplace that reflect the communities we serve so we approach our work fearlessly, take responsibility when we get it wrong, and ante-up again. We play to win, and we are all-in together.

We were recognized as one of Glassdoor's "Best Places to Work".
About the Role
As a Manager in the Corporate Strategy & Development team, you will be responsible for assisting with the development and execution of BetMGM's growth strategy, both organic and inorganic. You will provide insights and recommendations to the team members and other key stakeholders based on research and analysis of the industry, as well as detailed due diligence of potential opportunities. You will also play a key role in the development of the Corporate Strategy and Development team members and assist in managing their day to day and growth potential.
Responsibilities
  • Lead key initiatives independently, demonstrate a deep understanding of the business, and provide thought leadership on the industry
  • Manage junior team members in carrying out of tasks (e.g., guide Associate(s) on dissemination of market share performance of BetMGM and key competitors to internal and external stakeholders).
  • Assist in the preparation of materials for key shareholders, including board meetings and investor events.
  • Promote alignment to our corporate strategy via the strategic planning process. Build and sustain relationships across major lines of business.
  • Perform value-added analyses of internal and external initiatives that help drive decision making.
    • Collaborate with teams and senior leaders across the BetMGM organization (e.g., Marketing, BI, Product, Finance, Executive Leadership Team) on critical projects.
    • Work closely with internal stakeholders to support the development and execution of BetMGM's growth strategy, which includes identifying key opportunities and threats to the business, defining and protecting the company's competitive advantages, and evaluating competitive dynamics within the industry.
    • Assist with all aspects of the company's inorganic strategy and approach including: conducting market research, identifying potential targets, analyzing risks and opportunities, overseeing financial modeling and valuation analysis, due-diligence, deal negotiation, coordination of internal and external transaction constituencies, and facilitating post-close integration.
  • Maintain a database of comparable transactions in the market and regularly report M&A activity and other relevant industry news to internal stakeholders. Build industry relationships and establish external leadership and deal pipelines.
  • Perform other duties and responsibilities as requested.
Essential Functions
  • Must be able to stand or sit and operate computers and other technological devices for extended periods of time
Qualifications
  • 5+ years of experience in investment banking, strategy consulting, private equity, or corporate development roles.
  • Entrepreneurial, proactive in identifying opportunities and solutions, and areas to add value.
  • Proven experience in business, industry and due diligence and an ability to present those finding in a clear, concise, and actionable manner.
  • Deep experience with financial modeling and various valuation methodologies.
  • Experience creating presentations for internal and external stakeholders.
  • Experience working with high growth technology and / or media companies strongly preferred. Gaming industry knowledge not required but a plus.
  • Willingness and ability to learn the nuances of a new, highly regulated industry and become rapidly acquainted with the competitive landscape.
  • Superior project management skills, with the ability to proactively manage run processes and numerous projects with competing timelines.
  • Highly organized with superior attention to detail.
  • Comfortable with ambiguity and demonstrated ability to work independently in a fast-paced and rapidly changing environment.
  • Results-driven and able to strike the right balance between detail-focused and grasping the big picture.
  • Exceptional problem-solving skills, hypothesis driven with the ability to independently evaluate opportunities, conduct analysis, and make innovative strategic recommendations
About Our Culture

Building BetMGM from the ground up takes effort, energy, and teamwork, but that's what will make leading this industry all the more satisfying. We stay focused on our main goal with the help of these four company pillars:
  • Believe in Your Game - Take your shot! There's a freedom to explore ideas usually only start-ups are lucky enough to experience.
  • Backed by the Best - With our expertise-merged with that of our world-class investors-we have the opportunity to take this business, and ourselves, farther than anyone has ever imagined.
  • Do What's Right - We operate with clarity and simplicity, always doing the right thing by our customers and each other, standing shoulder to shoulder every day.
  • Hustle Hard - Our combined commitment and ambition is what drives us to create some of the most innovative products in the industry.
What We Offer

As a valued employee, we're committed to giving you the resources and support you need. We offer Medical, Dental, Vision, Life Insurance, Commuter Benefits, Paid Time Off, Holidays, Employee Resource Groups and more!

Gaming Compliance

Candidate must comply with and support the company's responsible gambling policies, procedures and initiatives.

This job description is not an exclusive or exhaustive list of duties a person in this position may be asked to perform from time to time.
BetMGM LLC is an Equal Opportunity Employer. We provide equal employment opportunities to all qualified individuals, regardless of race, religion, gender, gender identity, age, marital status, national origin, sexual orientation, citizenship status, veteran status, disability, or any other legally protected status. As an organization, we are unwavering in our commitment to maintaining a discrimination-free work environment, and fostering a culture of inclusivity, belonging and equal opportunity for all employees and applicants.
We understand that each card in the deck plays a unique role in any given hand, just as our employees each play a unique role in accomplishing our company goals. So, we are committed to an inclusive culture for all and empowering our employees to thrive in meaningful careers. At BetMGM, we play to win, and we are "all in" together. If your experience looks a little different from what we've identified and you think you've got what it takes, we'd love to learn more about you.


If you need assistance or accommodation with your application due to a disability, you may contact us at recruitment@betmgm.com.
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Pay Range: $118,240 - $155,190 per year
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Job Summary
Company
BetMGM
Start Date
As soon as possible
Employment Term and Type
Regular, Full Time
Required Experience
5+ years
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