Comcast brings together the best in media and technology. We drive innovation to create the world's best entertainment and online experiences. As a Fortune 50 leader, we set the pace in a variety of innovative and fascinating businesses and create career opportunities across a wide range of locations and disciplines. We are at the forefront of change and move at an amazing pace, thanks to our remarkable people, who bring cutting-edge products and services to life for millions of customers every day. If you share in our passion for teamwork, our vision to revolutionize industries and our goal to lead the future in media and technology, we want you to fast-forward your career at Comcast.
Job Summary
The Strategic Investments team leads M&A and investments across the Connectivity & Platforms division of Comcast. Their primary responsibility is to source and evaluate potential transactions, ranging in value from single digit millions to billions of dollars. A significant number of transactions are with emerging technology companies and the team regularly meets with startup founders, venture capitalists, investment bankers, and technical experts to analyze opportunities. As strategic investors, they partner with business leaders across Comcast to evaluate solutions to enhance our product roadmap, monetize existing assets, or improve the customer experience. Past acquisitions and investments have included companies in the advertising, artificial intelligence, cybersecurity, holographic display, IoT, smart home, solar, streaming TV, and Wi-Fi verticals.
Job Description
The Strategic Investments team is very lean and, therefore, the Manager will be a key driver of the team’s success. The Manager will independently lead workstreams across the full transaction lifecycle: sourcing and prioritizing opportunities, owning build vs. buy assessments, developing investment theses, and driving valuation and synergy analysis with a clear point of view. The Manager will be expected to proactively influence cross-functional stakeholders, manage external counterparties (including founders and investors), and synthesize complex analysis into crisp recommendations for senior executives and the investment committee. In addition, the Manager will help shape the team’s strategic roadmap by identifying emerging trends, originating target ideas, and mentoring junior team members to elevate output quality and pace.
Core Responsibilities
- Leads evaluation of potential investments, acquisitions, and partnerships by owning investment theses, driving build vs. buy analyses, managing advanced financial models, and coordinating cross-functional input to form a clear recommendation
- Independently develops and defends a point of view on valuation, strategic fit, synergies, and risks using financial statements, market intelligence, customer / competitive insights, and external research
- Authors and delivers executive-ready investment committee materials (memos, presentations, and verbal narratives) that clearly articulate tradeoffs, sensitivities, and decision recommendations
- Drives end-to-end deal execution in partnership with Corporate Development and Legal, including diligence planning, data room review strategy, key issue identification, and support for negotiation strategy and term formulation
- Proactively identifies and socializes new themes and targets aligned to Comcast strategy; maintains a forward-looking view on industry trends, earnings signals, and M&A activity to inform sourcing and prioritization
- Supports portfolio value creation by coordinating internal stakeholders, tracking operating and financial performance, and identifying opportunities to accelerate commercial outcomes at Comcast
- Mentors and reviews work product of junior team members (where applicable), ensuring analytical rigor, story clarity, and consistency of outputs across the team
- Analyzes and evaluates potential investments, potential acquisitions or divestitures and other investments as they relate to organization objectives.
- Recommends strategies that will maximize return within acceptable risk parameters.
- Identifies, research and recommends process improvements to ensure internal controls and processes support the achievement of top line investment goals.
- Ensures Investments plans are aligned with business objectives.
- Consistent exercise of independent judgment and discretion in matters of significance.
- Regular, consistent and punctual attendance. Must be able to work nights and weekends, variable schedule(s) and overtime as necessary.
- Other duties and responsibilities as assigned.
Qualifications
- Bachelor’s Degree or Equivalent
- Generally requires 5-7 years related experience
- Ideally a background in Investment Banking, Private Equity, Corporate Development, or Management Consulting
Employees at all levels are expected to:
- Understand our Operating Principles; make them the guidelines for how you do your job.
- Own the customer experience - think and act in ways that put our customers first, give them seamless digital options at every touchpoint, and make them promoters of our products and services.
- Know your stuff - be enthusiastic learners, users and advocates of our game-changing technology, products and services, especially our digital tools and experiences.
- Win as a team - make big things happen by working together and being open to new ideas.
- Be an active part of the Net Promoter System - a way of working that brings more employee and customer feedback into the company - by joining huddles, making call backs and helping us elevate opportunities to do better for our customers.
- Drive results and growth.
- Support a culture of inclusion in how you work and lead.
- Do what's right for each other, our customers, investors and our communities.
Disclaimer:
- This information has been designed to indicate the general nature and level of work performed by employees in this role. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications.
Skills
Acquisitions, Business Objectives, Investments, Strategic Investments, Strategy Development
We believe that benefits should connect you to the support you need when it matters most, and should help you care for those who matter most. That's why we provide an array of options, expert guidance and always-on tools that are personalized to meet the needs of your reality—to help support you physically, financially and emotionally through the big milestones and in your everyday life.
Please visit the benefits summary on our careers site for more details.
Education
Bachelor's Degree
While possessing the stated degree is preferred, Comcast also may consider applicants who hold some combination of coursework and experience, or who have extensive related professional experience.
Certifications (if applicable)
Relevant Work Experience
7-10 Years
Comcast is an equal opportunity workplace. We will consider all qualified applicants for employment without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability, veteran status, genetic information, or any other basis protected by applicable law.