Strategy & Corporate Development, Senior Associate

Location Designation: Hybrid - 4 days per week

About New York Life Investment Management

With over $800 billion in assets under management, NYLIM is a Pensions & Investments' Top 30 Largest Money Manager and one of the largest global asset managers serving institutional, retail and insurance clients. NYLIM brings together the firm’s global investment teams under one unified brand, combining specialized expertise with the strength and stability of New York Life.

Our platform is built on disciplined active management, deep investment capabilities and a long-term partnership approach designed to deliver enduring value across market cycles and help clients navigate the next era of investing.

More powerful, together, we combine the agility of specialized investment teams with the scale and longevity of a leading mutual institution.

NYLIM seeks a candidate with an investment banking and/or corporate finance background to join its strategy and mergers & acquisitions (M&A) group. The team supports the CEO and Management Committee of NYLIM on strategic initiatives critical to the organization, including M&A and business strategy projects.

What You'll Do

• Work closely with senior leaders on strategy development, implementation and communication
• Conduct market and industry competitive research to assist in developing business strategy
• Assist with overall program / process management on important strategic projects taking place at NYLIM, including the Q4 2025 announcement whereby NYLIM expanded and integrated its third-party asset management business with its insurance asset management businesses
• Create, design, and coordinate the development of internal and external presentations (both strategy and M&A), including presentations to the NYLIM Management Committee, New York Life Executive Management Committee, Investment Committee, and/or Board of Directors of New York Life
• Assist in analyzing and executing on M&A opportunities from deal sourcing all the way to transaction completion (evaluating business plans, conducting due diligence, valuation & financial modelling, preparing senior management / Investment Committee materials, etc.)
• Develop financial models, business plans, and other analyses for both M&A opportunities as well as certain strategy projects
• Work with business units to implement cross-functional strategic projects
• Coordinate activities among senior management teams, investment boutiques, business units and other stakeholders
  
  

What You'll Bring

• 4 to 6 years of experience, preferably in investment banking, management consulting, and/or asset management
• A good underlying knowledge and interest in the asset management industry, including the key drivers and trends shaping the sector
• Strong project and process management skills (organization, ability to proactively follow-up and hold workstreams accountable, etc.)
• Strong analytical skills (financial modelling, valuation, corporate finance)
• Strong presentation and communication skills, both verbal and written
• Self-starter, high energy, hard-working entrepreneurial attitude
• Detail and results oriented
• Exceptional Microsoft Excel, PowerPoint and Word capabilities is required
  
  

Job Level: LEVELPF4

Pay Transparency

Salary Range: $130,000-$160,000

Overtime eligible: Exempt

Discretionary bonus eligible: Yes

Sales bonus eligible: No

Actual base salary will be determined based on several factors but not limited to individual’s experience, skills, qualifications, and job location. Additionally, employees are eligible for an annual discretionary bonus. In addition to base salary, employees may also be eligible to participate in an incentive program.

Our Benefits

We provide a full package of benefits for employees – and have unique offerings for a modern workforce, including leave programs, adoption assistance, and student loan repayment programs. Based on feedback from our employees, we continue to refine and add benefits to our offering, so that you can flourish both inside and outside of work. Click here to discover more about our comprehensive benefit options or visit our NYL Benefits Site.

Our Commitment to Inclusion

At New York Life, fostering an inclusive workplace is fundamental to who we are and how we serve our communities. We have a longstanding commitment to creating an environment where individuals can contribute their best and succeed together. This foundation is rooted in our core values of humanity and integrity, ensuring that every employee feels valued and supported. By embracing a broad range of perspectives and experiences, we achieve greater success and fulfill our promise of providing financial security and peace of mind to families across all communities. Click here to learn more about New York Life’s leadership in this space.

Recognized as one of Fortune’s World’s Most Admired Companies, New York Life is committed to improving local communities through a culture of employee giving and volunteerism, supported by the Foundation. We're proud that due to our mutuality, we operate in the best interests of our policy owners. To learn more about career opportunities at New York Life, please visit the Careers page of www.NewYorkLife.com.

Job Requisition ID: 94062