New

Senior Manager Corporate Strategy

Bimbo Bakeries USA
$126,100 - $176,500
paid time off, 401(k)
United States, Texas, Irving
Jun 08, 2026
Have you ever enjoyed Arnold, Brownberry or Oroweat bread? A Thomas' English muffin or bagel? Or perhaps snacked on a Sara Lee, Entenmann's or Marinela cake or donut? If the answer is yes, then you know Bimbo Bakeries USA! More than 20,000 associates in bakeries, sales centers, offices and on sales routes work to ensure our consumers have the freshest products at every meal. In addition to competitive pay and benefits, we provide a safe and inclusive work environment that appreciates diversity, promotes development and allows our associates to be their authentic selves. #LI-LF1 Come join the largest baking company in the world and our family of 20,000 associates nationwide! Top Reasons to Work at Bimbo Bakeries USA: Salary Range: $126,100 - $176,500 Annual Bonus Eligibility Comprehensive Benefits Package Paid Time Off 401k & Company Match Position Summary: As a member of the Corporate Development team, you will help drive Grupo Bimbo's and Bimbo Bakeries USA's inorganic growth by leading venture investments, supporting M&A activity, and shaping strategic partnerships. The role sits at the intersection of capital deployment and strategic insight: Every dollar we put to work is expected to advance BBU's long-term position in the food CPG landscape. The Senior Manager, Corporate Development associate will work directly with BBU's Director of Corporate Development, Grupo Bimbo leadership, our portfolio company executives, and the external founder, investor, and operator community to create value through: Sourcing, evaluating, and executing venture investments across food CPG and other relevant verticals, deploying millions of dollars of capital Managing a robust existing venture portfolio of 10+ companies from performance tracking, follow-on decisions, and strategic support for founder teams Evaluating and structuring select strategic partnerships (JVs, sweat equity arrangements, etc.) Developing investment theses on attractive subsectors of food and CPG and translating those into a vibrant deal pipeline This role is approximately 60% CVC, 30% M&A, and 10% Partnerships. Key Responsibilities: Venture Investing Build and maintain a proactive sourcing engine by engaging with founder and operator networks, developing banker and broker relationships, trade show coverage, investor co-investment dialogues, and direct outreach to companies of interest Lead full-cycle deal execution: Commercial, financial, and operational diligence; investment memo development; financial modeling and valuation work; term sheet negotiation; and coordination with legal counsel Build and present investment recommendations to BBU and Grupo Bimbo investment committees Manage active portfolio company relationships, including periodic check-ins, support of management teams, and identification of strategic and commercial collaboration opportunities within BBU Track portfolio performance, surface emerging risks and opportunities, and recommend follow-on investments or exit paths as appropriate M&A Support deal identification and target screening across categories of strategic interest Build M&A business cases, including financial modeling, synergy analysis, valuation, and risk assessments Lead and coordinate workstreams within cross-functional diligence teams covering commercial, financial, operational, legal, and integration considerations Support negotiation and execution, working closely with the Director of Corporate Development and senior BBU and Grupo Bimbo stakeholders Strategic Partnerships Evaluate and structure joint ventures, sweat equity arrangements, and other complex partnership constructs Coordinate with BU leadership to ensure partnership economics and strategic intent are aligned Expectations and Responsibilities Own and drive multiple concurrent workstreams, balancing competing demands and timelines Develop and own perspectives on category dynamics, white spaces, emerging trends, and competitive activity in food and CPG; translate those perspectives into actionable investment theses and a forward-looking pipeline Become a trusted resource to corporate leadership for external market intelligence Prepare and present materials to BBU and Grupo Bimbo Senior Leadership with appropriate oversight from the Director Manage analysts and MBA summer interns where applicable, including project staffing, coaching, and feedback Key Behavioral Competencies Deal Judgment, Analytics, and Communication Sound commercial instincts and the rigor to form and defend an investment view under uncertainty, including the ability to pressure-test a model, a market, and a management team. Crisp written and verbal communication, with the ability to write a tight investment memo and present it credibly to a senior audience. Comfort owning the full deal lifecycle from first conversation through close, with the autonomy to drive workstreams forward independently. Thought Leadership and Business Expertise A demonstrated point of view on where the food and CPG space is going and what makes a business worth investing in, paired with the curiosity to develop deep category expertise across emerging channels, evolving consumer behavior, technology shifts, and competitive dynamics. The ability to build the frameworks, theses, and processes that turn diffuse market activity into a coherent pipeline. People, Teamwork, and Leadership Strong executive presence and the ability to build credibility quickly with founders, CEOs, senior internal leaders, and external counterparties, including the cross-cultural fluency to operate across BBU (U.S.) and Grupo Bimbo (Mexico). A team-oriented inclination that shares credit, develops junior talent, and earns trust across the organization. Takes responsibility for outcomes, sees deals through to close, and stays close to portfolio companies after the wire hits. Intellectually honest and willing to walk away from a deal when the thesis does not hold up (and willing to advocate hard when it does). Education and Work History: Required Qualifications Bachelor's degree required; MBA preferred 7+ years of cumulative business experience, ideally including some combination of corporate development, venture capital, private equity, investment banking, management consulting, or operating roles in food and CPG Demonstrated facility with financial modeling, accounting concepts, and valuation; comfort building deal models from a blank page Genuine and demonstrated interest in the food and CPG industry Willingness to travel 25-35% for trade shows, target company visits, portfolio company engagement, and internal meetings This role is based in Dallas, Texas, and is a full-time, in-office position The physical and mental demands described here are representative of those that must be met by an associate to successfully perform the essential functions of this job.Reasonable accommodations may be requested to enable individuals with disabilities to perform the essential functions. Bimbo Bakeries USA is an equal opportunity employer with a policy that provides equal employment opportunity for applicants and employees regardless of race, color, religion, sex (including pregnancy, sexual orientation, or gender identity), national origin, age, disability, genetic information, marital status, veteran status, any other classification protected by law. It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability. >