What are the responsibilities and job description for the Director of Corporate Strategy & Business Development position at Empower?

Our vision for the future is based on the idea that transforming financial lives starts by giving our people the freedom to transform their own. We have a flexible work environment, and fluid career paths. We not only encourage but celebrate internal mobility. We also recognize the importance of purpose, well-being, and work-life balance. Within Empower and our communities, we work hard to create a welcoming and inclusive environment, and our associates dedicate thousands of hours to volunteering for causes that matter most to them.

Chart your own path and grow your career while helping more customers achieve financial freedom. Empower Yourself.

Empower’s Personal Wealth segment (“EPW”) is a rapidly growing business, leveraging Empower’s financial planning expertise and technology to deliver advice, professionally managed accounts, as well as financial wellness and planning across Empower’s Workplace and Wealth Management business.

As a Director of Strategy & Business Development you are part of a small but impactful team that partners directly with the EPW leadership team to drive long-term strategic decisions and evaluate new business opportunities. In this role, you will develop informed positions on questions that shape the future of EPW and generate long-term value for our business. You will work on a wide range of projects, collaborate cross-functionally and connect strategy to execution to help implement our recommendations.

This position is not a sales leadership role, or focused on existing product management, it is all about having a vision to see "what's next" in financial services. The ideal candidate has a background in synthesizing competitive market data, with expertise in a strategy consulting role within the financial services industry.

What You Will Do

Evaluate strategic business, product and partnership opportunities to help EPW decide where to deploy its resources to maximize long-term value
Collaborate with EPW leadership team to drive strategic decisions by clearly defining a challenge or opportunity, develop actionable solutions and understand tradeoffs
Evaluate new business expansion opportunities from start to end, including building the initial hypothesis, testing it, refining the proposed solution(s) and sourcing potential partners
Manage external partner relationships including initial identification, evaluation, negotiations and onboarding of new partners
Develop a deep understanding of the competitive landscape and industry offerings to identify upcoming challenges or white space opportunities for EPW
Support the strategy development process during the annual budget season and when developing the multi-year strategic business plan for EPW
Build financial models, simulations, and business cases to identify patterns and inform data-driven decision-making
Solve hard, ambiguous questions by thinking creatively and collaborating cross-functionally with data analytics, finance, product, marketing, advisory and other teams

What You Will Bring

10 years of experience in leading strategic projects and evaluating new business opportunities in a fast-paced growth environment

Professional experience in strategy consulting, banking, corporate strategy, or a similar role in high growth tech companies

In-depth financial services industry knowledge, including emerging trends, competitors, and market dynamics

Experience in the wealth management and / or fintech industry with demonstrable knowledge of industry trends and best practices

Outstanding communication skills, adept at influencing and persuading stakeholders through effective and impactful communication

Analytical thinker with proven hypothesis-driven approach to ambiguous questions, bringing structure to quantitative and qualitative insights

Passionate about tackling complex and impactful business challenges with a high level of independence and attention to detail

Expert in creating compelling presentations that tell a story as much as persuade with data analysis

Ability to quickly switch context between 10k feet strategic level and detailed execution-oriented work

Bachelor’s degree

What will set you apart?

Proven track record of formulating executive-level recommendations on strategic business questions, supported by objective data analysis

A curious mindset and passionate about identifying new opportunities to support EPW’s growth

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Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment visa at this time, including CPT / OPT.

What we offer you

We offer an array of diverse and inclusive benefits regardless of where you are in your career. We believe that providing our employees with the means to lead healthy balanced lives results in the best possible work performance.

Medical, dental, vision and life insurance

Retirement savings – 401(k) plan with generous company matching contributions (up to 6%), financial advisory services, potential company discretionary contribution, and a broad investment lineup

Tuition reimbursement up to $5,250 / year

Business-casual environment that includes the option to wear jeans

Generous paid time off upon hire – including a paid time off program plus ten paid company holidays and three floating holidays each calendar year

Paid volunteer time — 16 hours per calendar year

Leave of absence programs – including paid parental leave, paid short- and long-term disability, and Family and Medical Leave (FMLA)

Business Resource Groups (BRGs) - internal networks that rally around common interest, experiences and identities such as race, ethnicity, gender, ability, military status and sexual orientation. BRGs play a vital role in educating and engaging our people and advancing our business priorities.

Base Salary Range

123,000.00 - $178,350.00

The salary range above shows the typical minimum to maximum base salary range for this position in the location listed. Non-sales positions have the opportunity to participate in a bonus program. Sales positions are eligible for sales incentives, and in some instances a bonus plan, whereby total compensation may far exceed base salary depending on individual performance. Actual compensation offered may vary from posted hiring range based upon geographic location, work experience, education, licensure requirements and / or skill level and will be finalized at the time of offer.

Equal opportunity employer

Drug-free workplace

We are an equal opportunity employer with a commitment to diversity. All individuals, regardless of personal characteristics, are encouraged to apply. All qualified applicants will receive consideration for employment without regard to age (40 and over), race, color, national origin, ancestry, sex, sexual orientation, gender, gender identity, gender expression, marital status, pregnancy, religion, physical or mental disability, military or veteran status, genetic information, or any other status protected by applicable state or local law.

For remote and hybrid positions you will be required to provide reliable high-speed internet with a wired connection as well as a place in your home to work with limited disruption. You must have reliable connectivity from an internet service provider that is fiber, cable or DSL internet. Other necessary computer equipment, will be provided. You may be required to work in the office if you do not have an adequate home work environment and the required internet connection.

Job Posting End Date at 12 : 01 am on :

02-15-2025

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Workplace Flexibility : Remote - Nationwide

Salary : $123,000 - $178,350

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