Head of Corporate Development

| San Francisco, CA
About Opendoor:  
Founded in 2014, Opendoor’s mission is to empower everyone with the freedom to move. We believe the traditional real estate process is broken and our goal is simple: build a digital, end-to-end customer experience that makes buying and selling a home simple, certain and fast. We have assembled a dedicated team with diverse backgrounds to support more than 100,000 homes bought and sold with us and the customers who have selected Opendoor as a trusted partner in handling one of their largest financial transactions. But the work is far from over as we continue to grow in new markets. Transforming the real estate industry takes tenacity and dedication. It takes problem solvers and builders. It takes a tight knit community of teammates doing the best work of their lives, pushing one another to transform a complicated process into a simple one. So where do you fit in? Whether you’re passionate about real estate, people, numbers, words, code, or strategy -- we have a place for you. Real estate is broken. Come help us fix it.

About the Role:
As the Head of Corporate Development, you will be at the nexus of reimagining how consumers transact for real estate. In leading our corporate development efforts, you will work across Opendoor to bring leading companies, technologies, and talent into the company through acquisitions. You will report to the CFO, work with senior leaders across the company and across the industry landscape, and will manage all stages of the evaluation and acquisition process. This is an exciting opportunity to work with a high-impact team and build out this critical function for a company that is disrupting the residential real estate industry. This position requires someone to be in the San Francisco metro area.

As Head of Corporate Development, you will:

  • Partner with senior executives, product leadership, and the CFO to identify industry trends, develop our inorganic growth strategies, and identify acquisition and investment opportunities that accelerate Opendoor’s mission and roadmap 
  • Lead acquisitions end-to-end, including strategy development, sourcing, valuation, and financial assessment, due diligence, negotiation, execution, and integration activities
  • Establish and maintain relationships with senior executives from startups, technology and real estate companies and VCs to inform product strategy and stay up-to-date with the competitive landscape
  • Drive the overall deal pipeline, including outreach to and sourcing of new opportunities
  • Conduct rigorous analysis to provide deep insight and judgment regarding companies and potential acquisitions

We’re looking for teammates who have:

  • Successfully run the corporate development function at technology or tech-enabled company
  • 10+ years of transaction experience at a large corporation, investment bank, private equity, or management consulting firm
  • At least 3+ years at fast-growth technology companies
  • Superior analytical and problem-solving skills and commercial and business judgment, with demonstrated intellectual curiosity and rigor
  • Strong relationship development and networking skills
  • Excellent communication skills, with the ability to clearly communicate compelling messages to possible partners and senior leaders
  • A collaborative approach to leadership, including proven success in attracting and developing talent
  • The ability to structure and manage complex cross-functional projects and processes with multiple stakeholders at all levels across the organization
  • Passion for real estate, along with a desire to simplify life’s most important transaction

Bonus Points:

  • Real estate industry experience
  • MBA

More About Us:
Want to learn more about us and how we are revolutionizing the home buying and selling process? Learn more about us on our website, check out our profile on The Muse to learn more about our culture from our team members, or read our blog posts to hear about the work we are doing.

We Offer the Following Benefits and Perks:
- Full medical, dental, and vision with optional 70% coverage for dependents
- Flexible vacation policy
- Generous parental leave
- Paid time off to volunteer
Please note that these benefits and perks are available only to Full Time team members and do not apply to contract roles.

Opendoor Values Openness:
Our team celebrates our diverse backgrounds. We believe that being open about who we are and what we do allows us to be better. Individuals seeking employment at Opendoor are considered without regards to race, color, religion, national origin, age, sex, marital status, ancestry, physical or mental disability, veteran status, sexual orientation, gender identity or other protected status under all applicable laws, regulations, and ordinances.

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Technology we use

  • Engineering
  • Product
  • Sales & Marketing
    • GolangLanguages
    • JavascriptLanguages
    • PythonLanguages
    • RLanguages
    • RubyLanguages
    • ScalaLanguages
    • ReactLibraries
    • Node.jsFrameworks
    • Ruby on RailsFrameworks
    • SparkFrameworks
    • PostgreSQLDatabases
    • SketchDesign
    • FigmaDesign
    • AsanaManagement
    • JIRAManagement
    • WordpressCMS

An Insider's view of Opendoor

What's the biggest problem your team is solving?

My team works with our sales and support operators. We manage our multiple telephony platforms, including our call center software. Last year, we replaced our old call center vendor solution with a new custom-built telephony platform. Building the unique features each team has been one of our central challenges for much of the past year.

Maggie

Sr. Software Engineer

How has your career grown since starting at the company?

I started at Opendoor as an intern, responsible for small improvements to our home valuation model’s accuracy. Now, I am one of the leaders on our team - I’m responsible for setting team vision, overseeing systems design for other IC’s, and leading P0 initiatives such as a pricing workflow overhaul that we launched after COVID-19.

Daniel

Software Engineer

How do you empower your team to be more creative?

Analytical problem solving requires creativity too. I always encourage my team to consider all the tradeoffs between different options - what if you need to solve the problem in 1 day? How about 6 months? How about unlimited compute resources? We often come up with more creative and better solutions when we intentionally consider all options.

Sherry

Data Science Manager

What are Opendoor Perks + Benefits

Culture
Volunteer in local community
Friends outside of work
Eat lunch together
Intracompany committees
Daily sync
Team owned deliverables
Team based strategic planning
Group brainstorming sessions
Pair programming
Open office floor plan
Diversity
Dedicated Diversity/Inclusion Staff
Unconscious bias training
Diversity Employee Resource Groups
Hiring Practices that Promote Diversity
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Disability Insurance
Dental Benefits
Vision Benefits
Health Insurance Benefits
Life Insurance
Wellness Programs
Mental Health Benefits
Retirement & Stock Options Benefits
401(K)
Company Equity
Child Care & Parental Leave Benefits
Generous Parental Leave
Flexible Work Schedule
Family Medical Leave
Adoption Assistance
Vacation & Time Off Benefits
Generous PTO
Paid Volunteer Time
Paid Holidays
Paid Sick Days
Perks & Discounts
Casual Dress
Commuter Benefits
Company Outings
Stocked Kitchen
Some Meals Provided
Happy Hours
Home Office Stipend for Remote Employees
Professional Development Benefits
Lunch and learns
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