Position Summary...

What you'll do...

Join Walmart as a Senior Manager, Corporate Development and M&A, and play a key role in driving the company’s inorganic growth strategy. This is a high-visibility opportunity to work on transformative deals across Walmart U.S., Sam’s Club, and Walmart International. You’ll gain significant exposure to senior leaders and have strong potential for career progression within the company.

About the Team
Walmart’s Corporate Development team is a small, high-performing group that partners with senior leadership to identify, evaluate, and execute strategic M&A initiatives. The team’s mission is to drive value through acquisitions, investments, divestitures, and strategic partnerships, supporting Walmart’s growth and innovation goals. As a Senior Manager, you’ll collaborate with business and functional leaders, as well as external partners, to deliver impactful results.

What You'll Do

• Engage with Walmart business leaders to develop M&A strategy, identify and assess potential inorganic growth opportunities, and build consensus.
• Develop and manage relationships with investment banking, private equity, and venture capital investors in retail, digital media, supply chain, and emerging technologies.
• Lead all transaction-related financial modeling and valuation analysis to support deal execution.
• Manage the diligence process by partnering with internal teams (legal, accounting, tax) and external advisors.
• Build presentations for senior leadership that convey effective narratives, outline strategic trade-offs, and drive executive decision-making.
• Support the Integration/Separation team on post-close planning and execution.

What You’ll Bring

• Experience in corporate development, investment banking, private equity, or a related field, with a strong track record in M&A execution.
• Advanced financial modeling and valuation skills, with the ability to analyze complex transactions and present clear recommendations.
• Strong relationship management skills, with experience engaging both internal stakeholders and external partners.
• Excellent communication and presentation abilities, capable of building compelling narratives for senior executives.
• Ability to manage multiple projects simultaneously and thrive in a fast-paced, dynamic environment.
• Collaborative mindset with a focus on driving results and supporting team success.

At Walmart, we offer competitive pay as well as performance-based bonus awards and other great benefits for a happier mind, body, and wallet. Health benefits include medical, vision and dental coverage. Financial benefits include 401(k), stock purchase and company-paid life insurance. Paid time off benefits include PTO (including sick leave), parental leave, family care leave, bereavement, jury duty, and voting. Other benefits include short-term and long-term disability, company discounts, Military Leave Pay, adoption and surrogacy expense reimbursement, and more.

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You will also receive PTO and/or PPTO that can be used for vacation, sick leave, holidays, or other purposes. The amount you receive depends on your job classification and length of employment. It will meet or exceed the requirements of paid sick leave laws, where applicable.

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For information about PTO, see https://one.walmart.com/notices.

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Live Better U is a Walmart-paid education benefit program for full-time and part-time associates in Walmart and Sam's Club facilities. Programs range from high school completion to bachelor's degrees, including English Language Learning and short-form certificates. Tuition, books, and fees are completely paid for by Walmart.

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Eligibility requirements apply to some benefits and may depend on your job classification and length of employment. Benefits are subject to change and may be subject to a specific plan or program terms.

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For information about benefits and eligibility, see One.Walmart.

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Hoboken, New Jersey US-10649:The annual salary range for this position is $108,000.00-$216,000.00

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San Bruno, California US-08848:The annual salary range for this position is $117,000.00-$234,000.00

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Additional compensation includes annual or quarterly performance bonuses.

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Additional compensation for certain positions may also include:

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- Stock

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Minimum Qualifications...

Outlined below are the required minimum qualifications for this position. If none are listed, there are no minimum qualifications.

Bachelor’s degree in Business, Engineering, or related field and 3 years’ experience in Merger & Acquisitions, Investment Banking, Business Development, or related area OR 5 years’ experience in Merger & Acquisitions, Investment Banking, Business Development, Engineering, or related area.

Preferred Qualifications...

Outlined below are the optional preferred qualifications for this position. If none are listed, there are no preferred qualifications.

Leading cross-functional teams, Master's degree or higher in Business, Engineering, or related field., Mergers and Acquisitions

Primary Location...

850 Cherry Avenue, San Bruno, CA 94066-3031, United States of America

Walmart and its subsidiaries are committed to maintaining a drug-free workplace and has a no tolerance policy regarding the use of illegal drugs and alcohol on the job. This policy applies to all employees and aims to create a safe and productive work environment.