Associate, Corporate Development

As an Associate in Corporate Development at Kraken, you'll play a significant role in M&A and growth activities globally. Kraken, founded in 2011, is one of the world's longest-standing crypto platforms, trusted by over 10 million individuals and institutions. The Corporate Development team is central to Kraken's expansion across multiple dimensions, including M&A and strategic investments, helping the company stay nimble and opportunistic as it pursues transformational deals and new sources of competitive advantage.

What you'll do

• Lead due diligence across live transactions with cross-functional DRIs, organize and maintain 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 the venture investment portfolio by maintaining the deal-terms inventory, collecting quarterly portfolio-company KPI updates, and tracking valuation marks with IRR/MOIC per position
• Support the M&A cash obligations backbone with rolling forecasts of deal-related cash outflows for FP&A and Treasury
• Prepare executive deal materials, Board pages, and supporting data analysis

What you bring

• A Bachelor's degree 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, including financials, mechanics, and quality within financial institutions
• Strong financial modeling and valuation skills
• Demonstrated problem-solving skills, writing experience with deal memos, and storytelling ability on industry trends, implications, and pain points
• Advanced Excel proficiency and experience with data analysis tools
• The ability to work self-directed and manage multiple live, high-priority transactions in parallel

Nice to have

• Proficiency with SQL
• A strong network in crypto and/or traditional financial markets
• A technical background or strong knowledge of industry software products and services

About Kraken

Kraken is one of the world's longest-standing crypto platforms, founded in 2011 and trusted by over 10 million individuals and institutions globally. It offers spot trading, margin, futures, staking, and OTC services for both individual investors and institutional clients. Kraken is part of Payward, which has spent 15 years building modern and globally accessible financial infrastructure platforms to advance an open, global financial system.