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Manager of Corporate Development

United States - California - Los Angeles (Century City)

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Opportunity Snapshot

This position offers you the opportunity to join a global communications leader and assist in creating and executing in corporate development strategies in the dynamic markets of digital information technology. In addition to contributing in the field (including travel to Asia), you will work with and learn from professionals with deep domain knowledge around digital content distribution. In this division you will enjoy the entrepreneurial energy of SK Telecom International (SKTI) as well as the stability and resources of SK Telecom, one of the most respected wireless Internet service providers in the world.

SKTI is the gateway between SK Telecom and the North American market, and you will assist in procuring and managing direct investments, mergers & acquisitions, internal entity capital structuring, and prospectively a capital raise to increase our funding pool. To be a good fit for this opportunity you will have an MBA with an emphasis in finance or strategic analysis and at least two years of experience as a financial analyst, strategist, investment banking specialist, venture capitalist, or strategic consultant. We prefer a professional who can speak (and, ideally, write) Korean.

SK Telecom is one of the leading mobile operators that has successfully ventured into the media entertainment industry, seamlessly integrating the entire value chain of both mobile and online content distribution. The corporation's key initiatives revolve around looking "beyond telecom" and international expansion, and SKTI is at the leading edge of those initiatives.

What Else You'll Bring to the Table

In addition to the qualifications detailed above, you'll need:

Well-honed financial analysis and strategy skills.
Outstanding MS Excel and PowerPoint abilities.
A strong interest or even passion for technology and digital media.
A detail orientation and methodical approach.
A willingness and ability to travel up to 40% of the time and use your notebook computer as your "office" at certain times.

Preferred but not required:

An understanding of Asian and North American markets and cultures.
Career history in Silicon Valley, LA, and/or NY.
Experience with a top tier investment bank or one with niche in mobile telecom/IP communication or digital media.
Experience as a Venture Capital Associate or an Attorney for an investment bank or venture capital company.
A background in mergers & acquisitions in a large or medium consulting firm or the corporate development arm or a large or medium company.

What's in It for You

High visibility -- you will work closely with SKTI's Vice President of Corporate Development (to whom you will report) and President, and as you contribute to the division's growth you will be in a position to take advantage of the "upward draft" of opportunity it creates.

Dynamic industry -- digital content distribution is creating entirely new marketplaces, and you will become familiar not only with mobile telecommunications, but also with high definition video, high-speed data, interactive media, and more. You will have contact with a wide variety of industry players, including major movie studios and recording labels.

Great work environment -- we are a results-oriented group that values innovation as much as a methodical approach. Our culture combines elements of Korean corporate traditions with the creative, high-energy approach of a Silicon Valley startup.

Pride -- SK Telecom is recognized for pushing the boundaries of telecommunications, including launching the world's first DMB (digital multimedia broadcasting) satellite in 2004 in order to commercialize mobile TV services.

Excellent compensation -- in addition to a competitive salary and bonus potential, we offer a generous benefits package that includes 100% employer-paid medical, dental, and vision plans, and more.

More About Your Role

Leveraging its position as Korea's leading mobile communications company, SK Telecom delivers voice, data, and digital content across a wide variety of platforms. SK Telecom, International (SKTI) is the strategic development and investment team of about 12 exploring opportunities to expand SK Telecom's unique business model in North America. You will support SKTI's President and VP of Corporate Development in prospecting new technologies and markets for investment.

To give you an idea of the kinds of projects you will be involved in, one of our most recent ventures is HELIO (www.helio.com), a mobile virtual network operator (MVNO). This new mobile brand is custom-built for young, connected consumers. HELIO is a $440 million joint venture that brings together the innovation of SK Telecom and the service and support of EarthLink to deliver a breakthrough mobile communications experience through unique social networking, gaming, entertainment applications, and more.

Your specific activities will include:

Developing financial and business models and determining multi-year returns on anticipated global investment initiatives.
Producing and maintaining financial, technical, and business models for quarterly and long term forecasts.
Aiding in drafting official investor board (private company) meeting documents and presentations.
Assisting in the identification and execution of the transactions of mergers & acquisition processes, direct investments, partnerships, alliances, financial structuring, and issuance of equity and debt instruments.
Creating situational analyses associated with capital raising activities.
Assisting management in formulating financial and strategic initiatives.
Co-evaluating and creating competitive and regulatory landscapes documents.

Depending on your aptitude and our needs, you may also be involved in:

Performing financial analysis for prospective situations with portfolio companies on P&L responsibility for general business operations, R&D, human resources, sales, and marketing.
Assisting with securing financing and resources for continuing and new operations to maximize returns on investments and increase productivity.
Building strategic business cases, conducting due diligence and valuations, and structuring negotiations.
Conducting general and specific market research on emerging technology and capital markets.

Our goal is to give you solid exposure to field activities, although we often will look to you to remain in the office as "base support" as the VP travels. You can expect to travel between 15% and 30% of the time during the first year, and up to 40% of the time after that. You will travel primarily to San Francisco, New York, and Seoul.

Keys to Success

To excel in this role you will be flexible. Business is conducted differently in the US and Korea, and SKTI necessarily maintains an agile environment, and these two circumstances combine to create a degree of ambiguity from time to time. In addition, in order to be an outstanding Manager of Corporate Development, you will:

Enjoy collaborating on a variety of projects, from business models to PowerPoint presentations.
Represent the company with a high degree of professionalism as you interact with people from diverse industries.
Pay robust attention to the details -- keep up with weekly reports, follow through on all particulars, monitor progress on projects, etc. -- while still grasping the big picture and how the details fit into it.
Leverage your communications skills and organizational savvy to navigate both the US and Korean elements of our business.
Bring a passion for technology and SK Telecom's vision.

If this sounds like the right mix of challenge and opportunity for you, and you meet the minimum qualifications, we want to hear from you!

Who We Are

SK Telecom International (SKTI) was established in 1995 by SK Telecom. SKTI is a team performing market research, business incubation, and corporate development investments. We serve as the business gateway entrance to global partners for our parent company, SK Telecom. We enable SK Telecom to compound their high technology edge and international expansion by investigating, introducing, developing and delivering transcending innovative companies through technology transfer, integration, and investment.

SK Telecom has a history of innovation: it was the first company to launch a commercial CDMA mobile network technology in 1995, and it has been pushing the boundaries ever since. The company launched its 2.5G services in 2001, and continues to lead the era of digital and mobile communications by offering value-added premium services to mobile subscribers and strengthening wireless Internet services with a robust, flexible, commerce-enabled mobile platform.

For more information, please visit www.skti.com. Clicking on this link will open a new browser window, but be sure to come back to submit your resume!