Sr. Manager, Corporate - Santa Clara, CA, United States - LG

Description

Sr. Manager, Corporate & Business Development (Innovation Center)

Company Background LG's Mission is to be #1 by creating a better life for our customers. At LG, we make products and services that make lives better, easier, and happier through increased functionality and fun. Put simply, we offer the latest innovations to make "Life Good" As a global leader, we strive for greatness in the products we make and our people. That is why we are currently seeking the newest innovator to join our dynamic team. We are currently seeking a Director of New Ventures (EIR), Healthcare to join LG NOVA, the LGE innovation unit based in Santa Clara, CA. This can be a hybrid position.

LG Electronics North America Innovation Center ("LG NOVA") LG Electronics recently established North America Innovation Center ("LG NOVA") in Santa Clara, California, USA., with an ambitious vision to become the nerve center of global innovation. Aiming to create the future of LG with the focus on disruptive and exponential growth, LG NOVA works with global corporations, startups, governments, and technology stakeholders to create new businesses, establish strategic partnerships, and develop a broad ecosystem using the process of "outside-in" innovation.

What You'll Do: The Corporate & Business Development team at LG Electronics' North American Innovation Center is an established, high-performing, and high-impact group responsible for helping shape the future direction of LG Electronics and LG NOVA. This team spearheads inorganic growth activities on behalf of the company.As a Senior Manager of Global Corporate & Business Development at LG Electronics, you will play a pivotal role in enabling the company to achieve its growth objectives through inorganic strategies. Your responsibilities will include strategically promoting new businesses that align with and advance LGE's strategic directions, thereby contributing to position the organization as a preeminent leader in its industry. You will spearhead efforts to identify, evaluate, and execute strategic partnerships, acquisitions, and investment opportunities that complement LGE's existing portfolio and drive long-term growth and profitability.

Core Responsibilities:
• Serve as a thought partner, devising and articulating corporate and functional strategies and translating company objectives into initiatives and tactical plays.
• Generate business and market insights, design strategies, and develop business cases and investment/partnership theses to unlock opportunities in new markets for LG Electronics.
• Source, develop, manage, and execute upon a pipeline of opportunities with team members in US and in Korea.

Strategy Development:
• Support the strategic thought process by identifying inorganic needs and opportunities, developing action plans and supporting their execution
• Conduct thorough research and analysis of industry trends, market dynamics and competitive landscapes grounded in primary and secondary research
• Develop strategic insights based on market assessments, analysis of industry trends, market dynamics and competitive landscapes.
• Leverage consulting frameworks to translate insights into informed recommendations for build, buy, or partner strategies, enabling effective market entry and expansion.
• Collaborate with cross functional teams and key stakeholders across LG U.S. and LG Korea to ensure alignment with business objectives and support strategic planning.

Corporate & Business Development:
• Build compelling content, articulate investment theses, and prepare recommendations to support various M&A, JV, investment, and partnership.
• Lead analysis, financial modeling, valuation analysis, internal updates, and other critical deal components for domestic and international transactions (M&A, JV, equity investment, Partnership). Perform due diligence.
• Drive seamless deal execution by coordinating cross-functional teams throughout the entire deal lifecycle including deal terms and contracts. Support post-deal efforts (e.g PMI).
• Establish and maintain strong professional networks inside and outside LG (e.g. investment banks, PEs, law firms, consulting firms).

Requirements:
• Bachelor's degree
• [8-12] years relevant work with a proven track record at a top-tier firm. At least [3-5] years working directly in corporate development, corporate strategy, and business development.
• Good problem-solving skills to break down complex issues, identify root causes, prioritize effectively, and proactively recommend solutions.
• Strong critical thinking abilities to rapidly assimilate new concepts.
• Demonstrated leadership abilities, a self-starting attitude, and the capacity to leverage resources effectively to drive successful outcomes without constant oversight.
• Superb analytical competencies and mastery of tools/methods to support the M&A process.
• Excellent verbal and written communication skills to communicate key technical concepts, and ability to package complex ideas into logical, easy-to-follow progressions.
• Outstanding interpersonal abilities to work seamlessly across functions and levels of seniority.
• Strong professional networks.
• In-depth knowledge of consumer electronics and digital services industry.
• Exceptional organizational and project management skills.
• Experience in structuring and executing complex deals.

Preferred Qualifications:
• MBA preferred.
• Undergraduate or graduate degree in Business, Economics, Computer Science, or Engineering
• Korean language (Business Level).

What We Can Offer You: Culture for Growth | Top Notch Employee Health & Well Being Benefits | Every Voice Matters | Global Reach

At LG, we aspire to empower people and celebrate differences because we believe diversity will create the unexpected. We provide equal employment opportunity to all individuals regardless of their race, color, creed, religion, gender, age, sexual orientation, national origin, disability, veteran status, or any other characteristic protected by state, federal, or local law. Consistent with our commitment to providing equal opportunity and embracing diversity, LG has implemented affirmative action to ensure applicants are employed and employees are treated without regard to these characteristics.

In addition to the above, LG believes that pay transparency is a key part of diversity, equity, and inclusion. Our salary ranges take in account many factors in making compensation decisions including but not limited to skillset, experience, licensure, certifications, internal equity, and other business needs. While we consider geographic pay differentials in final offers, because we operate in many geographies, where applicable, the salary range listed may not reflect all geographic differentials applied.