Corporate Strategy & Development Associate Job at BetMGM LLC
Corporate Strategy & Development Associate
Jersey City, NJ
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
The Corporate Strategy & Development Associate is responsible for assisting with the development and execution of BetMGM’s growth strategy, including organic and inorganic growth via strategic partnerships, mergers and acquisitions, and other key growth initiatives. This individual will work directly with the corporate strategy and development team to execute upon the corporate strategy as well as provide insight and recommendations to key stakeholders based on research and analysis of the industry and detailed due diligence of potential opportunities.
Responsibilities
- Assist in the preparation of materials for key shareholders, including meetings with the BetMGM board of directors and investor events
- Track market share performance of BetMGM and key competitors across all jurisdictions and regularly report to internal stakeholders
- Maintain a database of comparable transactions in the market and regularly report M&A activity and other relevant industry news to internal stakeholders
- Perform value-added ad-hoc analyses of both internal and external initiatives that help drive decision making
- 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 including conducting market research, identifying potential targets, analyzing risks and opportunities, comprehensive financial modeling and valuation analysis, due-diligence, transaction negotiation, coordination of all internal and external transaction constituencies, and facilitating post-close integration
- Build and sustain relationships across all lines of business to promote alignment to our corporate strategy
- 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
- Bachelor’s degree in business, finance, or related field
- 2-4 years of experience in investment banking, strategy consulting, private equity or corporate development roles
- 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 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
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/ Affirmative Action employer. We provide equal employment opportunities to all qualified employees and applicants for employment without regard to race, religion, sex, age, marital status, national origin, sexual orientation, citizenship status, veteran status, disability, or any other legally protected status. We prohibit discrimination in decisions concerning recruitment, hiring, compensation, benefits, training, termination, promotions, or any other condition of employment or career development. 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.
Applicable salary ranges may differ across markets. Actual pay will be determined based on experience and other job-related factors permitted by law. The position is also eligible for an annual bonus.
Please Note :
bankofmontserrat.ms is the go-to platform for job seekers looking for the best job postings from around the web. With a focus on quality, the platform guarantees that all job postings are from reliable sources and are up-to-date. It also offers a variety of tools to help users find the perfect job for them, such as searching by location and filtering by industry. Furthermore, bankofmontserrat.ms provides helpful resources like resume tips and career advice to give job seekers an edge in their search. With its commitment to quality and user-friendliness, Site.com is the ideal place to find your next job.