Mergers and Acquisitions Associate

We are seeking a high-calibre M&A professional to join our team in Sydney, reporting to the Head of M&A. This role sits at the centre of Betashares’ growth strategy, supporting and executing buy-side M&A and strategic investments as a principal investor. You will play a critical role in increasing transaction throughput while maintaining institutional-quality analysis and disciplined execution. The position requires strong independent analytical capability, ownership of workstreams, and the ability to operate effectively in a lean, high-performance team. Responsibilities Investment Analysis Build fully integrated operating and valuation models from first principles Assess earnings durability, scalability, competitive positioning, and downside risks Develop clear, well-supported investment theses and defend recommendations Transaction Execution Lead day-to-day diligence processes, particularly financial workstreams Manage internal stakeholders, external advisers, and counterparties Review transaction documentation (SPA, earn-outs, completion accounts, SHA) Maintain execution discipline, timelines, and prepare decision-making materials Pipeline Management & Integration Planning Screen sectors and evaluate potential targets Develop thematic investment views aligned to the Betashares ecosystem Maintain pipeline tracking and prioritisation frameworks Support integration of new businesses and ongoing performance tracking Experience Three to six years’ experience in: Investment banking (with deal exposure) Private equity/growth equity Corporate development Strategy consulting (with transaction involvement) Transactional law with strong commercial and financial fluency Skills & Capabilities Direct M&A execution experience required Understanding of the Australian wealth sector preferred Strong financial modelling capability with evidence of independent analysis Ability to assess investment opportunities across value drivers, risks, and strategic fit Clear and concise written communication skills (board-level materials) Experience or interest in leveraging AI tools to enhance productivity Structured thinker with a track record of exceeding expectations High work ethic and ability to perform in periods of transaction intensity Commercial curiosity and ability to operate independently with limited direction Strong interest in capital markets and wealth platforms Comfortable forming and defending views with imperfect information