SVP, Integration Management Office

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Job Description

SVP, M&A Integration Management Office

Summary

Discover is seeking a motivated leader who combines strong Business Operations skills with M&A experience for the position of SVP, M&A Integration Management Office (“IMO”) reporting to the CEO. This role will lead the integration and operational aspects of the company’s acquisitions and divestitures across all phases from target origination to delivery of integration. You will be responsible for ensuring the success of acquisitions, strategic investments, and partnerships. You will lead the team in structuring, planning, and successfully integrating large-scale partnerships and acquisitions. You will work with senior leadership across various Business Units and Functions, external stakeholders, and Board Members to drive strategic alignment.

The M&A Integration Management Office Leader is an effective decision maker, provides a compelling vision for M&A deals, drives change and communications, sets the pace of operating model decisions, and oversees multiple activities including organization design, synergy planning and major post close initiatives.

Responsibilities

Value Creation: Makes tradeoffs of risk against synergy levels, Guides target setting and value capture approachIntegration Governance: Defines integration architecture and governance, Shapes Steering Committee agenda, and is responsible for substantive integration decisions. Engages with Executive Leadership: Ensure that the strategic objectives of acquisition integration are clearly defined and well understood by all stakeholders. Crafts plans for value post deal close, and ensures strategic objectives are obtained, highlighting the status of efforts, and providing recommendations to executive management for corrective action when required. Responsible for the overall integration strategy, performance objectives, and oversight of IMO function to deliver the execution, and related coordination across all workstreams to support the full transaction lifecycle through Integration efforts. Establish Clear Objectives:Take care of people: Work w/ HR (Human Resources) to ensure formal retention programs for critical talent, Ensure proactive management with detailed reporting and scorecards, and Monitor engagement through formal surveys and communication routines. Obtain Regulatory Approval: Work closely with Legal, Compliance, and Regulatory teams to track and fulfill on all regulatory requests to ensure the deal is approved on a timeline basis, establish routines with the Office of Remediation to ensure continued progress on all existing regulatory commitments. Flawless Execution on Legal Day-1: Work with Finance to ensure successful execution of the financial transaction, change legal name on all documents/disclosures, implement priority organizational changes that are not conversion dependent (e.g., cyber)Prepare for Integration Day 1: Orchestrate sharing of information and strategy to facilitate initial Customer Day-1 planning, data mapping, data retention, and decommission planning. Develop blueprints for post-integration operating models to include technology, processes, suppliers, and organization/talent. Establish governance to track synergy realization. Create an Effective Operating Model:Single point of contact for the acquirer – and establishes single points of contact across all domains, escalation protocols, etc. Manage information exchange and Communications (internal and external)Coordinate talent approachesCoordinate resource shifts between BAU (business as usual) and IntegrationSupport management of regulator expectationsDevelop Integration plan (time, scope, and budget)Develops an overarching design for success program structure Provide strategic guidance on ensuring compliance with laws, regulatory requirements, policies, and procedures within integration efforts. Effectively identify and manage all risks and ensure compliance with regulations. Develop and leverage the M&A Playbooks, cost modelers, and knowledge of Discover ecosystems and frameworks to assist with Due Diligence preparation for all business targets for Mergers, Acquisitions and Divestitures. Facilitates bottom up and top-down governance, manages the various functional and cross functional work streams and identifies risks that may impede successful delivery of milestones. For integrations, coordinate with Strategy, Corporate Development, Business sponsors / Product teams and other functions through all phases of the transaction to design the integration roadmap in line with transaction goals. Help drive towards initial cost estimates for envisioned integration activities. Manage the integration processes for technology solutions, assuring alignment to the company’s data and integration architecture; leveraging appropriate use of M&A integration methods and content; ensuring appropriate expertise and capacity are aligned to deliver needs; reviewing and facilitating discussion around solution alternatives. Optimize assignment of resources and make recommendations as needed. Unblock obstacles to required activities through strong stakeholder coordination and engagement. Vehicle of change: Embeds and role models risk accountability and continuous improvement. Maintains energy and momentum needed during complex and potentially lengthy integration.

Required Skills

Minimum of 15+ years in M&A experience, including coordination of programs of cross-functional and global nature with a focus on technology and / or commercial areas either as part of an internal Corporate Development / strategy team, a global advisory firm or within Investment Banking15+ years Financial Services, Management Consulting, or related experience (Minimum)Strong transaction experience related to origination, Due Diligence and Day 1 execution. Experience working in a high-profile role that has frequent contact between functional and executive leaders, board members, collaborating across all leadership. The ability to manage global programs and initiatives with significant complexity and risk for the impacted Business units and function within a matrixed organization is preferred. Bachelor's degree required in engineering, computer science, business, or related field. Advanced degree or MBA preferred. Understands core sources of value: Substantive understanding of commercial, operations, workforce, and systems, Capable of influencing corporate opinion. Broad knowledge across functional areas with the strong ability to identify interdependencies early and drive resolution. Strong general manager: Excellent decision-making instincts, Excellent communicator, Comfortable with ambiguityExperience with financial project budgeting and controlling. Proven ability to build relationships with, and influence all levels within an organization, from board members, senior management to technical and non-technical personnel.

Application Deadline

The application window for this position is anticipated to close on Apr-16-2024. We encourage you to apply as soon as possible. The posting may be available past this date, but it is not guaranteed.

What are you waiting for? Apply today!

All Discover employees place our customers at the very center of our work. To deliver on our promises to our customers, each of us contribute every day to a culture that values compliance and risk management.

Discover is committed to a diverse and inclusive workplace. Discover is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veteran status, or other legally protected status. (Know Your Rights & Pay Transparency Nondiscrimination Provision)

Discover complies with federal, state, and local laws applicable to qualified individuals with disabilities and is committed to providing reasonable accommodations. If you require a reasonable accommodation to search for a position, to complete an application, and/or to participate in an interview, please email HireAccommodation@discover.com. Any information you provide regarding your accommodation needs will be kept confidential and will only be used to determine and provide necessary accommodation.