Member of Corporate Development
At Anchorage Digital, we are in the process of developing a cutting-edge digital asset platform tailored for institutional involvement in the cryptocurrency sector. Anchorage Digital facilitates institutions in engaging with digital assets through services like custody, staking, trading, governance, settlement, and top-notch security infrastructure. The company is home to the only federally chartered crypto bank in the U.S., Anchorage Digital Bank N.A., and serves institutions through Anchorage Digital Singapore, Porto by Anchorage Digital, and other related offerings.
With funding from prominent institutions like Andreessen Horowitz, GIC, Goldman Sachs, KKR, and Visa, and a valuation exceeding $3 billion, Anchorage Digital was founded in 2017 in San Francisco. It has extended its reach to locations in New York, Porto, Singapore, and Sioux Falls. Anchorage Digital is looking for a dynamic Member of Corporate Development to join its rapidly expanding team. This role within the Corporate Development group involves critical responsibilities in identifying, evaluating, and executing strategic acquisitions and investments, shaping the evolution of the digital asset industry by collaborating with innovative companies and enriching Anchorage's capabilities.
The Factors of Growth & Impact have been introduced to assist team members in better measuring their impact and articulating feedback received during the learning process within the role of Member of Corporate Development:
Technical Skills:
- Development and maintenance of intricate financial models for valuation and analysis of potential acquisition targets.
- Conducting thorough due diligence, encompassing financial statement analysis, market research, and competitive analysis.
- Performing valuation analysis using multiple methodologies like DCF and market multiples.
Complexity and Impact of Work:
- Managing all aspects of the transaction process independently, from initial target identification to negotiation and closure.
- Contributing directly to Anchorage Digital's growth strategy by discerning and executing strategic acquisitions harmonious with the company's overarching objectives.
- Displaying an adaptive and proactive problem-solving approach in complex transactions.
Organizational Knowledge:
- Developing profound insight into Anchorage Digital's business model, competitive landscape, financial performance, and strategic priorities.
- Collaborating with internal stakeholders from various departments to evaluate the strategic needs, assess acquisitions, and ensure seamless integration.
- Playing a proactive role in evolving Anchorage Digital's long-term M&A strategy by deciphering market data and emerging trends.
Communication and Influence:
- Assisting the team in formulating and presenting compelling investment memos to senior management, effectively communicating financial data and strategic reasoning.
- Creating and managing efficient internal processes related to M&A activities, ensuring seamless team communication.
- Synthesizing intricate market data into actionable insights informing corporate strategy decisions.
Qualifications:
- Experience of 2-4 years in investment banking or private equity showcasing strong financial modeling and analytical skills with a track record in M&A transactions execution.
- Deep passion and understanding of the crypto and blockchain industry.
- Strong technical acumen coupled with comprehension of financials, GAAP, and debt/equity structures.
- Proven ability in market research, trend identification, strategic problem-solving, and managing multiple processes efficiently.
- Excellent communication and presentation skills.
- Proficiency in utilizing AI-based tools for market analysis enhancement and research efficiency.
Preferred Qualifications:
- Emotional connection to the musical Hamilton.
- Experience in investing and advising crypto companies and assessing valuations within the evolving industries.
Anchorage Digital, known as the Anchorage Village, brings together bright minds from platform security, financial services, and distributed ledger technology realms. With a team over 300 strong, the organization is focused on revolutionizing finance to foster safe value movements in the evolving global economy. Anchorage Digital is committed to providing an inclusive and supportive workplace for all individuals, irrespective of background, and believes in harnessing the power of diverse perspectives to drive innovation and excellence.
