Director, Mergers & Acquisitions

About Vancity

Vancity is a member-owned credit union built on the principles of inclusion and social justice. A relentless commitment to their values has helped them challenge the status quo and break down barriers since day one in 1946. They have bold commitments to make Vancity net-zero by 2040 across all mortgages and loans and are pursuing strategies on Indigenous banking and to improve the financial resilience of their members.

Vancity is the largest private sector Living Wage Employer in Canada and has been consistently recognized as one of the Top Employers in Canada. If you’re interested in joining their team of 2,700 diverse individuals and accessing competitive rewards and benefits, all while knowing you are part of a greater movement, then apply today!

About the workplace

This is a permanent, full-time role that will enjoy hybrid working arrangements which can be fulfilled primarily from the Vancity head office location and your Lower Mainland based home office. Periodically, you’ll be required to attend in-person activities or events.

As the Director of Mergers & Acquisitions, you will lead mergers, acquisitions, and strategic partnerships to advance the company’s growth agenda. Reporting directly to the VP of Strategy, Innovation and CEO’s Office, this role focuses on identifying high-impact opportunities, designing new partnership or merger models, managing end-to-end transaction processes, and collaborating with senior leadership.

A typical day would involve:

1. Lead Mergers, Acquisitions, and Strategic Partnerships
   • Identify, assess, pursue, and design merger or acquisition targets and strategic partnerships to support business growth and diversification while creating impact in communities.
   • Oversee negotiations and due diligence to align opportunities with organizational objectives.
   • Manage the full transaction lifecycle, including deal sourcing, financial evaluation, approvals, and post-deal integration.
2. Develop Financial Models and Conduct Risk Assessments
   • Build, maintain, and present detailed financial models, forecasts, and risk analyses to support strategic decision-making.
   • Ensure accuracy and relevance of models for both ongoing and prospective investments.
3. Conduct Market Research and Strategic Analysis
   • Perform comprehensive market research to identify emerging trends, competitive dynamics, and potential growth areas.
   • Prepare actionable insights, investment theses and strategic recommendations for the Executive Leadership Team.
4. Design new creative models for mergers, acquisitions, and partnerships
   • Develop new models that support the dual objectives of inorganic growth and supporting local community credit unions to survive in a thriving coop sector.
5. Evaluate and Recommend Strategic Opportunities
   • Analyze and prioritize opportunities for acquisitions, divestitures, and partnerships to maximize value creation.
   • Provide data-driven recommendations to the VP of Strategy, Innovation, and CEO’s Office for decision-making.
6. Collaborate with Senior Leadership
   • Partner with executives to define and advance enterprise development and partnership strategies.
   • Communicate strategic objectives and transaction progress across key stakeholders to ensure alignment and engagement.
7. Ensure Regulatory Compliance
   • Oversee adherence to regulatory requirements and internal policies during all transaction phases.
8. Foster Cross-Functional Collaboration
   • Work closely with finance, legal, operations, and other departments to optimize deal terms and facilitate smooth integration.
   • Build strong internal and external relationships to support long-term partnerships and drive organizational value.

You have:

• Bachelor’s degree in finance, business, or a related field; an MBA or similar advanced degree preferred.
• Chartered Professional Accountant (CPA), Chartered Financial Analyst (CFA), or Chartered Business Valuator preferred.
• 5 – 7 years of experience in enterprise development, investment banking, private equity, deals or strategy consulting in financial services, banking, or a related field.
• Deep understanding of the cooperative sector and the unique challenges and opportunities it presents is an asset.
• Demonstrated success in leading and managing end-to-end M&A transactions.
• Exceptional interpersonal skills, leadership and influencing capabilities on a multi-cultural environment.
• Exceptional analytical and problem-solving skills – You are proficient in financial modeling, valuation, and interpreting financial statements, with ability to manage ambiguity and make data-driven decisions.

You are:

• A Strategic Partner– you deeply understand the business strategy and goals, and have the ability to align enterprise development initiatives with long-term business goals.
• Analytical - With your strong problem solving and financial analysis skills, you can build forecasts and conduct assessments to support strategic decision making.
• A Strong Communicator - You use your strong communication and interpersonal skills to influence and collaborate at all levels. You also have a proven track record in achieving favorable deal outcomes and managing complex negotiations.
• A Project Manager – You are effective at managing large scale projects. You are adept at coordinating cross-functional teams, setting clear objectives, and maintaining project momentum. Your ability to anticipate potential challenges and proactively develop solutions ensures the successful delivery of complex initiatives.

We value lived experience, so if you are interested in this role, we encourage you to apply even if you feel your skills don't perfectly align with those listed.

The salary range for the role is $121,000 to $181,200. The upper half of the salary range is typically reserved for individuals who have demonstrated consistent strong performance in the role and possess a high level of job knowledge and skill.

We offer:

• We are the largest private-sector Living Wage Employer in Canada and have been consistently recognized as one of the Top Employers in Canada.
• Our permanent employees qualify for attractive benefit packages that can be customized and changed each year to meet their evolving needs.
• New employees receive between three to four weeks of vacation allowance per calendar year, and the number of vacation days grows — to a maximum of six weeks per year — as their length of service increases. In addition, full-time, permanent staff may be able to purchase extra days of vacation through our flexible benefits package.
• In addition to the 10 statutory holidays in British Columbia, Vancity provides an additional three statutory holidays. We offer care days for periods of short-term personal illness or emergency family illness, plus opportunities to take unpaid leave for a variety of reasons.
• Our health care & dental benefits offer three levels of health care and dental coverage for you to select from. These benefits will also be effective immediately based on your hire date.
• We understand that retirement means different things to different people and at Vancity we will offer you a Defined pension plan that pays you a retirement income for life.

Please note that all shortlisted candidates for this role will be required to complete a background check which includes employment verification, credit check, and a criminal record check. Vancity is an inclusive and equitable employer and actively seeks to advance racial equity, inclusion and belonging across the organization.

We are committed to providing an inclusive and accessible recruitment experience for all candidates. If you require any accommodations at any stage of the recruitment process, please reach out to our Talent Acquisition team at recruitment@vancity.com for confidential support. In-person assistance is also available. We will collaborate with you to ensure your needs are met promptly and effectively.