Director, Strategic Investments - Chegg, Inc.
Santa Clara, CA
About the Job
Job Description
Director, Strategic Investments
Strategic Growth Team
Location: Santa Clara, CA or New York, NY
Strategic Growth @ Chegg
As the newly-organized strategy development and execution arm of Chegg, we are empowered to secure durable, long-term growth pathways that extend Chegg's reach and expand its capabilities. We are responsible for growth strategy development, corporate development, business development. As a small team with a large mandate, we are looking for a mission-driven, impactful teammate whose intellectual dexterity and influence can scale across the company.
By uniting and channeling the cross-functional power of Chegg's organization, members of our team have deployed over $800M of capital in the past several years towards strategic objectives that have helped advance Chegg's platform. As a new team with an expanded mission, we seek to reinvigorate Chegg's growth through business expansion, acquisitions, and partnerships. As a representative of Chegg's strategic interests to the industry, we nurture a vast network of relationships that enrich our perspective and opportunity set. We help guide the financial direction of the company by analyzing the long-term impact of our programs and elevating Chegg's financial and unit economic potential.
We are strategists, analysts, partners, thought leaders, relationship builders, and dealmakers; and we are looking to grow our team.
Your Role
The Director, Strategic Investments plays a vital role in prioritizing and executing strategic initiatives that influence Chegg's growth trajectory. In this role, you will help drive two principal functions that underpin the team's impact: (1) planning and execution of Chegg's M&A and investments and (2) analysis, debate, and consensus-building around our strategic options, through rigorous financial analysis and long-range planning. In this highly visible role, you are expected to advocate thoughtfully on behalf of Chegg's strategic interests, catalyzing the alignment and execution necessary to achieve them.
Responsibilities
Requirements
The pay range for this position is $227,371 - 422,260. The actual pay will vary based on geographic location, job requirements, professional experience, and other factors. In addition, Chegg offers acomprehensive benefits plan for eligible employees, including medical, dental, vision, life and supplemental l
Director, Strategic Investments
Strategic Growth Team
Location: Santa Clara, CA or New York, NY
Strategic Growth @ Chegg
As the newly-organized strategy development and execution arm of Chegg, we are empowered to secure durable, long-term growth pathways that extend Chegg's reach and expand its capabilities. We are responsible for growth strategy development, corporate development, business development. As a small team with a large mandate, we are looking for a mission-driven, impactful teammate whose intellectual dexterity and influence can scale across the company.
By uniting and channeling the cross-functional power of Chegg's organization, members of our team have deployed over $800M of capital in the past several years towards strategic objectives that have helped advance Chegg's platform. As a new team with an expanded mission, we seek to reinvigorate Chegg's growth through business expansion, acquisitions, and partnerships. As a representative of Chegg's strategic interests to the industry, we nurture a vast network of relationships that enrich our perspective and opportunity set. We help guide the financial direction of the company by analyzing the long-term impact of our programs and elevating Chegg's financial and unit economic potential.
We are strategists, analysts, partners, thought leaders, relationship builders, and dealmakers; and we are looking to grow our team.
Your Role
The Director, Strategic Investments plays a vital role in prioritizing and executing strategic initiatives that influence Chegg's growth trajectory. In this role, you will help drive two principal functions that underpin the team's impact: (1) planning and execution of Chegg's M&A and investments and (2) analysis, debate, and consensus-building around our strategic options, through rigorous financial analysis and long-range planning. In this highly visible role, you are expected to advocate thoughtfully on behalf of Chegg's strategic interests, catalyzing the alignment and execution necessary to achieve them.
Responsibilities
- Work directly with the VP, Strategic Growth along with internal stakeholders across key functions, including senior executives
- Possess a comprehensive understanding of Chegg's strategic priorities along with the pathways that bring them to fruition; nurture an intellectually authentic environment for making high-stakes decisions
- Support, and ideally lead, all phases of the M&A process, including in the areas of target identification, relationship development, business analysis, valuation, negotiation, execution, and integration planning
- Lead financial analyses that (1) bring clarity to ROI, (2) clearly articulate business model implications, and (3) reinforce the long-term financial objectives of the company; support the framing, quantification, and prioritization process
- Prepare and deliver evidence-based presentations supported by compelling strategic narratives and rationale
- Contribute to the development of supporting strategies that dovetail with Chegg's overall goals
- Develop trusted and resourceful relationships both internally and externally to sharpen our strategic and competitive perspective
Requirements
- 10+ years of experience in corporate development, private equity, investment banking, or related field with direct experience leading some, if not all, aspects of M&A transactions
- Significant experience coordinating multi-disciplinary teams in the execution of M&A transactions, including thesis development, due diligence, negotiation, execution, and integration
- Exceptional versatility: able to effectively prioritize, zoom-in/zoom-out in accordance with business needs; grit
- Highly proficient in business and financial analysis, able to synthesize meaningful insights with imperfect information
- Substantial experience building relationships with senior management, both internally and externally
- Able to report into our Santa Clara, CA headquarters (preferred) or our New York, NY office
- Bachelor's degree, MBA preferred
- Demonstrated interest or direct experience in EdTech is a plus
The pay range for this position is $227,371 - 422,260. The actual pay will vary based on geographic location, job requirements, professional experience, and other factors. In addition, Chegg offers acomprehensive benefits plan for eligible employees, including medical, dental, vision, life and supplemental l
Source : Chegg, Inc.
