Senior Associate, Wattpad
Global Corporate Development
$90-125k
Office located in El Segundo, CA
Platform for sharing original writing
Posted today
Platform for sharing original writing
101-200 employees
Posted today
$90-125k
Office located in El Segundo, CA
101-200 employees
Company mission
Wattpad's mission is to create a world where everyone's story can be heard, and anyone can belong.
Role
Who you are
- Minimum 3+ years of experience at a top-tier company in investment banking, management consulting, corporate development, strategic finance, or private equity
- Strong knowledge of the US content and media landscape
- Familiarity with financial modelling, corporate development, and the M&A lifecycle
- Strategic thinker with excellent analytical and problem-solving skills
- Proficient in Excel and PowerPoint; capable of building complex financial models and executive-ready presentations to support decision-making
- Exceptional written and verbal communication skills in English
- Willingness to be hands-on and deeply involved in execution details
- Adaptable and flexible in response to changing business needs and priorities
- Proven ability to manage multiple projects simultaneously and drive them to completion Attention to detail; Strong work ethic; Proactive and calm under pressure
- High standards; Results-oriented mindset; Bold and conviction-driven thinking
Desirable
- Experience in project management, relationship management, and change management
- Professional working fluency in spoken and written Korean or Japanese
- MBA and/or international experience is a plus
What the job involves
- The Global Corporate Development team works directly with WEBTOON’s top management to define, analyze, and execute M&A/investment opportunities and strategic partnerships
- This role is critical for WEBTOON’s rapid global expansion, as the company actively pursues both organic and inorganic growth strategies
- The ideal candidate will possess strong critical thinking and problem-solving abilities, along with excellent communication skills for engaging both internal and external stakeholders
- Support and assist in the execution of the company’s strategic growth initiatives including partnership, M&As, and new business development
- Collaborate with leaders within the company to identify, define, and analyze strategic initiatives, reporting to a leader within the Corporate Development team
- Assist in the coordination and support of all phases of M&A/investment and partnership process from sourcing and evaluating to execution
- Conduct in-depth research on markets, competitors, and potential partners; maintain a strong external perspective and form expert viewpoints on fast-evolving market trends
- Build and cultivate relationships with industry partners, startups, and investors; represent the company at key industry events, conferences, and meetings
- Partner with cross functional teams (including product, marketing, and content) to launch and execute strategic partnerships and new business initiatives
Our take
Content is king and Wattpad has managed to create a platform that aggregates the most loved original writing content in the world, turning the traditional publishing industry on its head.
Where authors used to submit drafts to dozens of publishing houses in the hope of getting some eyeballs on their work, Wattpad opened up the process to millions of young authors by letting them easily submit their work, and fostering a community around their software that offers feedback and help.
The e-reading platform is now looking to double down on its strategy of taking its user-generated fiction and turning it into successful intellectual property upon which original series and movies can be based. However, a significant challenge for Wattpad is in producing original, marketable content from its platform, given the popularity of fanfiction, stories which are based on existing intellectual property.
Another challenge for Wattpad is the current economic conditions, which have affected much of the tech sector and are not sparing digital publishing. Having shelved bold plans for the future, it also laid off 15% of its workforce in March 2023. Having realigned for its current business needs, however, it is now well placed to weather the current market downturn.
Freddie
Company Specialist at Welcome to the Jungle
Insights
3% employee growth in 12 months
Company
Funding (last 2 of 4 rounds)
Jan 2018
$51m
LATE VC
Apr 2014
$46m
SERIES C
Total funding: $117.8m
Company benefits
- Full health benefits
- Career development & Mentorship opportunities
- RRSP matching
- Generous parental Leave top-up
- Flexible hours
- Regular hackathons
- Healthy snacks & drinks
- Your choice of hardware
- Monthly work-from-home allowance
- Beautiful offices in Toronto and Halifax
- Easy access to transit
Company HQ
St. Lawrence, Toronto, ON
Leadership
Allen lau
(Co-Founder)Lau attended University of Toronto where he earned his bachelor's degree in electrical engineering followed by a master's in the same subject. Thereafter he briefly worked as a software engineer for Brightspark before founding his first notable company, Tira Wireless, a mobile development startup. He is also the co-founder of Two Small Fish Ventures, a fund that invests in Toronto and Waterloo-based early-stage internet companies with strong network effects.
Ivan Yuen
(Co-Founder)Prior to Wattpad, Ivan co-founded FeedM8 and served as the company’s CTO. Before that he was one of the first employees of Tira Wireless, where he helped grow the technical team and developed new and emerging wireless technologies. Ivan graduated from the University of Waterloo with a degree in Computer Engineering and also earned an MBA from the Rotman School of Management.
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