Corporate Development Associate, Opendoor
Strategic Partnerships
+ Equity
End-to-end online platform for selling and buying homes
Job no longer available
End-to-end online platform for selling and buying homes
1001+ employees
Job no longer available
+ Equity
1001+ employees
Company mission
To power life's progress one move at a time.
Role
Who you are
- 2–4 years of experience in investment banking, management consulting, private equity, or corporate development
- Strong financial modeling and analytical skills; ability to translate complex data into clear business narratives
- Experience structuring or supporting negotiations for complex, multi-stakeholder deals
- Exceptional written and verbal communication skills — you can write a crisp one-pager and present it to a C-suite audience
- High degree of ownership and comfort with ambiguity; you drive processes forward without being told what to do next
- Genuine curiosity about real estate, technology, and how markets evolve
- Bachelor's degree required; MBA or equivalent experience a plus but not required
Desirable
- Prior experience in real estate, proptech, or financial services
- Familiarity with the home-buying or selling transaction
- Experience managing cross-functional workstreams in a fast-paced environment
What the job involves
- We're looking for a Corp Dev Associate to join our Corporate Development team, with a focus on identifying, structuring, and executing strategic partnerships that accelerate Opendoor's growth
- You'll work alongside senior leaders to evaluate opportunities, lead due diligence, and help build relationships with partners ranging from real estate brokerages and mortgage lenders to proptech companies and enterprise platforms
- This is a high-visibility role with exposure to Opendoor's most senior stakeholders and a chance to shape the company's long-term strategic direction
- Source and evaluate strategic partnership opportunities aligned with Opendoor's growth priorities, including channel partnerships, product integrations, and ecosystem plays
- Build financial models and business cases to assess deal economics, market sizing, and strategic fit
- Lead and coordinate due diligence processes across legal, finance, product, and operations teams
- Structure term sheets, partnership frameworks, and deal economics in collaboration with legal and business leads
- Develop executive-ready materials including memos, board presentations, and investment committee briefs
- Track the competitive and partner landscape across real estate, fintech, and proptech to surface new opportunities
- Manage post-close integration and partnership governance
- Build and maintain relationships with potential partners, VCs, and industry contacts
Our take
Opendoor makes selling homes easy and stress-free by cutting out the prolonged processing time usually involved with a sale. Sellers can offload a house quickly and easily to the company for cash and a 6-9% fee. Currently operating in a growing number of markets nationwide, Opendoor has chimed well with millennials who gel quickly with online businesses that offer solutions to problems they encounter.
This buying and selling model doesn't come without risk. The longer Opendoor keeps a property, the lower its profit margin. However, Opendoor's performance has been anything but disappointing; it went public in 2021, with its pre-SPAC merger presentation calling for $3.5 billion in revenue. Its actual revenue trounced it, coming in at $8 billion - more than double its estimate.
Opendoor's largest competitor, Zillow, dropped out of the space in late 2021 because it struggled to price the homes it acquired accurately. Opendoor's closest remaining competitor is Offerpad, which does just a fraction of the transaction volume that Opendoor does. With strong earnings coming out of 2024, OpenDoor is looking at transforming its operations in 2026, with new management, a volume-driven strategy and an acquisition spree expected. If Opendoor can continue to ride on its long-term success, it will have an enormous lead on existing and future competitors, positioning it to securely become the overwhelming market leader.
Steph
Company Specialist at Welcome to the Jungle
Insights
-19% employee growth in 12 months
Company
Funding (last 2 of 9 rounds)
Mar 2019
$300m
SERIES F
Sep 2018
$400m
SERIES F
Total funding: $1.5bn
Company benefits
- Save for tomorrow: Select our Pre-tax or Roth 401k plans to save towards retirement
- Healthy healthcare: Medical, dental and vision is 100% covered for employees
- Family planning: We offer specialty programs like Carrot, Cleo & Ginger
- Flexible vacation: Most of our team take at least 20 days off per year to decompress and be their best
- Resource groups: Join the group that works for you
- Income protection: 100% company sponsored: life insurance short term and long term disability
- Other: Flexible spending account, commuter benefit, employee assistance programs, and paid parental leave
Company HQ
Financial District, San Francisco, CA
Leadership
Kaz Nejatian
(CEO)Previously COO and VP of Product at Shopify, Lead Product Manager at Facebook and CEO & Co-Founder at Kash.
Salary benchmarks
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