M & A Transition Services Agreement Manager at The Standard in Portland, Oregon

Job Description:

Remote Type: Remote (USA)
Portland, OR
Time Type: Full time
Requisition ID: REQ005179


Description:

At The Standard, you’ll join a team focused on putting our customers first.

Our continued success is driven by a high-performance culture. We’re looking for people who are collaborative, accountable, creative, agile and are driven by a passion for doing what’s right – across the company and in our local communities.

We offer a caring culture where you can make a real difference, every day.

Ready to reach your highest potential? Let’s work together.

Job Summary:

The TSA Manager is responsible for ensuring smooth transitions during mergers, acquisitions, and divestitures by managing and overseeing all aspects of transition services agreements (TSAs).

Principal Duties and Responsibilities:

TSA Development and Management and Exit Planning (70% of time):

• Develop, negotiate, and manage transition services agreements to ensure seamless integration or separation of business units within contractually agreed timeframes.

• Collaborate with legal, finance, IT, HR, and other relevant departments to define the scope, terms, and conditions of TSAs.

• Ensure compliance with all regulatory requirements, company policies, and contractual agreements.

• Review invoicing and ensure TSA owner sign off on TSA service and deliverables. Work with finance to ensure alignment to TSA budget.

Project Management (10% of time):

• Lead and coordinate cross-functional teams to execute TSA-related projects.

• Develop detailed project plans, timelines, and budgets.

• Monitor progress, identify risks, and implement mitigation strategies to ensure timely and successful completion of projects.

Stakeholder Communication (5% of time):

• Serve as the primary point of contact for all TSA-related matters.

• Communicate effectively with internal and external stakeholders, including senior leadership, to provide updates and address any issues.

• Facilitate regular meetings and status reports to ensure alignment and transparency.

Performance Monitoring (10% of time):

• Establish and track key performance indicators (KPIs) to measure the effectiveness of TSAs.

• Conduct regular reviews and audits to ensure compliance and identify areas for improvement.

• Provide recommendations for optimizing TSA processes and achieving operational efficiencies.

Continuous Improvement (5% of time):

• Stay abreast of industry trends and best practices in M&A and TSA management.

• Implement continuous improvement initiatives to enhance the effectiveness and efficiency of TSA processes.

• Provide training and support to team members and stakeholders on TSA-related topics.

Knowledge, Skills and Abilities:

• Strong strategic thinker, adept at analyzing situations, anticipating needs and making informed decisions that drive value for the company.

• Excellent project management skills with a track record of successfully leading cross functional teams.

• A deep understanding of Merger and Acquisition processes, regulatory requirements and industry best practices.

• Success in working in a fast-paced, dynamic environment, managing multiple priorities.

Job Specifications:

• Required education: Bachelor’s degree in Business Administration, Finance, Law or a related field.

• Preferred education: MBA or Advanced Degree specializing in Finance, Strategic Management, or a related discipline.

• Required experience: 3+ years’ experience in mergers and acquisitions related fields, including transition office and experience with external organizational partnerships.

• Preferred experience: +5 years’ experience in managing transition services agreements in the context of mergers and acquisitions.

• Required professional licensure or certification: N/A

• Preferred professional licensure or certification: Project Management Professional (PMP), Chartered Financial Analyst (CFA), or Mergers & Acquisitions Professional (M&AP)

Location:

Employees in this role are eligible for fully remote work (other than periodic in-person meetings or other periodic business travel).

Travel Requirements:

Occasional travel only (such as for planning purposes, team-building, or conferences) may be required.

Physical Requirements:

N/A

Please note - the salary range for this role is listed below. In addition to salary, our package includes incentive plan participation and comprehensive benefits including medical, dental, vision and retirement benefits, as well as an initial PTO accrual of 164 hours per year. Employees also receive 11 paid holidays and 2 wellness days per year.

• Eligibility to participate in an incentive program is subject to the rules governing the program and plan. Any award depends on various factors, including individual and organizational performance.

Salary Range:

$104,750.00 - $153,500.00

Positions will be posted for at least 5 days from original posting date.

Standard Insurance Company, The Standard Life Insurance Company of New York, Standard Retirement Services, Inc., StanCorp Equities, Inc. and StanCorp Investment Advisers, Inc., marketed as The Standard, are Affirmative Action/Equal Opportunity employers. All qualified applicants will receive consideration for employment without regard to race, religion, color, sex, national origin, gender identity, sexual orientation, age, disability, or veteran status or any other condition protected by federal, state or local law. The Standard offers a drug and alcohol free work environment where possession, manufacture, transfer, offer, use of or being impaired by an illegal substance while on Standard property, or in other cases which the company believes might affect operations, safety or reputation of the company is prohibited. The Standard requires a criminal background investigation, employment, education and licensing verification as a condition of employment. All employees of The Standard must be bondable.

About Us:

The Standard is a family of companies dedicated to helping its customers achieve financial well-being and peace of mind. In business since 1906, we’re a leading provider of group and individual disability insurance, group life, dental and vision insurance, voluntary (employee-paid) benefits, absence management services, and retirement plans and annuities for employers and individuals. For more information about The Standard, visit www.standard.com or follow us on LinkedIn.

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