Group Strategy & Corporate Development Associate

Group Strategy & Corporate Development Associate

Full-Time 60000 - 75000 £ / year (est.) No working from home possible
Starling Bank

At a Glance

  • Tasks: Join us to drive strategic projects and M&A transactions in a dynamic banking environment.
  • Company: Starling Bank, a tech-driven bank reshaping the financial landscape.
  • Benefits: Enjoy 25 days holiday, private medical insurance, and flexible working options.
  • Other info: Diverse and inclusive workplace with excellent career growth opportunities.
  • Why this job: Be part of a mission to transform banking with innovative strategies and insights.
  • Qualifications: 2-4 years in investment banking, consulting, or corporate development required.

The predicted salary is between 60000 - 75000 £ per year.

Hello, we’re Starling. We built a new kind of bank because we knew technology had the power to help people save, spend and manage their money in a new and transformative way. We’re a fully licensed UK bank with the culture and spirit of a fast-moving, disruptive tech company. We’re a bank, but better: fairer, easier to use and designed to demystify money for everyone. We employ more than 3,500 people across our London, Southampton, Cardiff and Manchester offices.

We are looking for a highly motivated and curious Associate to join our Group Strategy and Corporate Development team. This is a high-impact role designed for a professional who thrives on rigor and wants to play a foundational part in our inorganic and organic growth initiatives. As an Associate, you will be deeply embedded in the execution of strategic projects and M&A transactions, providing the data-driven insights that inform the long-term roadmap for both the Bank and our global SaaS business, Engine.

Responsibilities
  • Strategy & Transaction Execution
    • Workstream Execution: Support complex strategic projects by owning specific workstreams, disaggregating problems, and conducting the analysis required to reach a recommendation.
    • Deal Support: Act as a core member of the execution team for M&A, joint ventures, and partnerships. This will include valuing businesses, supporting the development of deal rationales, managing data rooms, coordinating due diligence providers, and preparing initial drafts of investment committee materials.
    • Owning Deliverables: Draft clear, high-quality presentations and board papers. You will be responsible for ensuring that complex data is synthesized into a narrative that is succinct and clear.
  • Analysis & Financial Understanding
    • Financial Modelling: Build and maintain financial models (new ventures, M&A target business plans, and bank merger models) to evaluate new business cases and corporate opportunities.
    • Valuation & Research: Perform detailed valuation analysis using multiple methodologies (Comps, Precedents, Fundamental).
    • Market Intelligence: Monitor the global FinTech, Banking, and TMT landscape, providing regular briefings on competitor moves, regulatory shifts, and emerging trends.
  • Team & Culture
    • Cross-Functional Liaison: Work closely with FP&A, Investor Relations, Finance, Legal, and other teams to gather data and validate assumptions for strategic initiatives.
    • Execution Rigour: Maintain a high velocity of output, ensuring all deliverables are accurate, formatted to a high standard, and delivered ahead of schedule.
    • Continuous Improvement: Proactively suggest ways to improve internal processes.
Experience & Background

We are looking for 2–4 years of experience in a high performing, and analytical environment, typically:

  • Investment Banking: Senior analyst level, preferably within a FIG, FinTech, or TMT coverage group.
  • Strategy Consulting: Senior associate level, with experience in commercial due diligence or corporate strategy.
  • Corporate Development / PE: Early-career experience in a deal-oriented environment within the financial services or technology sectors.
Technical & Analytical Skills
  • Problem Solving: Ability to structure a clear approach to complex questions.
  • Excel Technical Skills: Strong financial modeling skills. You should be comfortable building models from scratch that are logical, flexible, and error-free.
  • Communication: Strong PowerPoint skills and the ability to write concise, professional long-form documents.
Attributes
  • First-Principles Thinking: You take a logical and data-driven approach to any task, even if it’s something you’ve never done before.
  • Attention to Detail: You have minimal tolerance when it comes to data accuracy and presentation formatting.
  • Drive & Autonomy: You are a self-starter who can manage your own time and take initiative without constant supervision.
  • Low Ego: You are happy to roll up your sleeves on any task, from high-level strategy to administrative deal management, to help the team succeed.
Benefits
  • 25 days holiday (plus take your public holiday allowance whenever works best for you)
  • An extra day’s holiday for your birthday
  • Annual leave is increased with length of service, and you can choose to buy or sell up to five extra days off
  • 16 hours paid volunteering time a year
  • Salary sacrifice, company enhanced pension scheme
  • Life insurance at 4x your salary
  • Private Medical Insurance with VitalityHealth including mental health support and cancer care.
  • Partner benefits include discounts with Waitrose, Mr&Mrs Smith and Peloton
  • Generous family-friendly policies
  • Perkbox membership giving access to retail discounts, a wellness platform for physical and mental health, and weekly free and boosted perks
  • Access to initiatives like Cycle to Work and Salary Sacrificed Gym partnerships

You may be put off applying for a role because you don't tick every box. Forget that! While we can’t accommodate every flexible working request, we’re always open to discussion. So, if you’re excited about working with us, but aren’t sure if you’re 100% there yet, get in touch anyway. We’re on a mission to radically reshape banking – and that starts with our brilliant team. Whatever came before, we’re proud to bring together people of all backgrounds and experiences who love working together to solve problems. Starling Bank is an equal opportunity employer, and we’re proud of our ongoing efforts to foster diversity & inclusion in the workplace.

Group Strategy & Corporate Development Associate employer: Starling Bank

At Starling Bank, we pride ourselves on being a forward-thinking employer that combines the innovation of a tech company with the stability of a fully licensed bank. Our vibrant work culture fosters collaboration and continuous improvement, offering employees ample opportunities for professional growth and development. With generous benefits, including flexible holiday options and a commitment to diversity and inclusion, we empower our team members to thrive both personally and professionally in our dynamic London office and beyond.

Starling Bank

Contact Details:

Starling Bank Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Group Strategy & Corporate Development Associate

Tip Number 1

Network like a pro! Reach out to people in the industry, especially those at Starling. A friendly chat can open doors and give you insights that a job description just can't.

Tip Number 2

Prepare for interviews by diving deep into Starling's mission and values. Show us how your skills align with our goals, and don’t forget to have some questions ready to demonstrate your curiosity!

Tip Number 3

Practice your problem-solving skills! We love candidates who can think on their feet. Try mock interviews or case studies to sharpen your analytical abilities before the big day.

Tip Number 4

Apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re genuinely interested in being part of our innovative team at Starling.

We think you need these skills to ace Group Strategy & Corporate Development Associate

Analytical Skills
Financial Modelling
Valuation Analysis
Market Intelligence
Problem Solving
Excel Technical Skills
Communication Skills

Some tips for your application 🫡

Be Yourself:When you're writing your application, let your personality shine through! We want to see the real you, so don’t be afraid to show your enthusiasm for the role and what makes you unique.

Tailor Your Application:Make sure to customise your application to fit the Group Strategy & Corporate Development Associate role. Highlight relevant experiences and skills that align with the job description – it shows us you’ve done your homework!

Keep It Clear and Concise:We appreciate clarity! When drafting your application, aim for succinctness. Use straightforward language and structure your thoughts logically to make it easy for us to follow your narrative.

Apply Through Our Website:Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it’s super easy to do!

How to prepare for a job interview at Starling Bank

Know Your Numbers

As an Associate in Group Strategy & Corporate Development, you'll need to be comfortable with financial modelling and valuation analysis. Brush up on your Excel skills and be ready to discuss how you've used data to inform strategic decisions in the past.

Master the Art of Storytelling

You'll be responsible for drafting clear presentations and board papers. Practice synthesising complex data into a compelling narrative. Think about how you can present your previous experiences in a way that highlights your analytical skills and attention to detail.

Stay Ahead of the Game

Familiarise yourself with the latest trends in FinTech and banking. Be prepared to discuss recent developments and how they might impact Starling Bank. Showing that you're proactive about market intelligence will demonstrate your genuine interest in the role.

Show Your Team Spirit

Collaboration is key in this role. Think of examples where you've worked cross-functionally or supported a team in achieving a goal. Highlight your ability to take initiative and contribute to a positive team culture, as this aligns with Starling's values.