Senior Associate, Corporate Development - San Francisco, CA

ATTENTION MILITARY AFFILIATED JOB SEEKERS - Our organization works with partner companies to source qualified talent for their open roles. The following position is available to Veterans, Transitioning Military, National Guard and Reserve Members, Military Spouses, Wounded Warriors, and their Caregivers. If you have the required skill set, education requirements, and experience, please click the submit button and follow the next steps. Unless specifically stated otherwise, this role is "On-Site" at the location detailed in the job post.

IREN is a vertically integrated AI Cloud provider, delivering large-scale data centers and GPU clusters for AI training and inference. IREN’s platform is underpinned by its expansive portfolio of grid-connected land and power in renewable-rich regions across North America, Europe and APAC.

With 100% renewable energy, we build, own and operate our data centers and take pride in being at the forefront of sustainable solutions for the ever-evolving applications of high-performance compute. We believe that human progress is invaluable, but it should be done in the right way – responsibly, sustainably and having a positive impact on the communities we operate in.


As IREN scales its AI Cloud business, the Associate / Senior Associate, Corporate Development will work closely with the Head of AI Ecosystem to help shape and execute IREN's strategy across the AI ecosystem. The role combines market research, financial analysis and hands-on execution across M&A, strategic investments and commercial partnerships, while contributing to broader go-to-market initiatives. You will own analysis and defined workstreams with guidance from senior colleagues. Appointment level will reflect relevant experience and demonstrated capability.  
Research the AI market, including business models, competitive dynamics and inference economics, and develop evidence-based views on opportunities for IREN
Assess build, partner, invest and acquire options, analyzing strategic fit, commercial potential, integration, financial returns and execution risks

Source and screen potential partners, investment opportunities and acquisition targets; build company profiles and maintain a prioritized opportunity pipeline
Build relationships across the San Francisco AI ecosystem, working with the team to generate market insight, partnership ideas and investment opportunities
Build and maintain financial models, valuation analyses and business cases; test key assumptions and communicate the implications for investment and partnership decisions
Execute defined commercial and financial diligence workstreams and support transaction structuring and execution, coordinating with internal teams and external advisers
Track priority partner initiatives and performance against agreed objectives, helping colleagues identify opportunities, resolve issues and advance joint plans
Work with Engineering, Operations, Product and Commercial teams on strategic initiatives and go-to-market analysis, translating findings into practical next steps
Prepare materials for executive and Board discussions on AI strategy, investments and partnerships, clearly explaining the evidence, economics, risks and decisions required
At IREN, we offer a highly competitive compensation package that includes base salary, annual performance incentives, and opportunities to build long-term wealth through equity programs. These offerings are part of our broader Total Rewards package, thoughtfully designed to support your health, well-being, and long-term success.  

Compensation 

Actual compensation will be determined based on factors such as experience, qualifications, and market data for the region.
Total Compensation package may be inclusive of short-term and long-term incentives.
Relocation (as applicable and based on successful candidate circumstances)
Health & Wellness 

Medical, dental, and vision insurance coverage – 100% company paid for employees, 75% company paid coverage for dependents
Company-paid life and disability insurance
Voluntary life, critical illness, and accident coverage available
Health Savings Accounts (HSA) – when combined with the High-Deductible Health Plan
Employee Assistance Program and wellness resources
Financial Well-Being 

401(k) retirement plan with company match
Financial wellness tools and resources
Time Off & Flexibility 

Paid Time Off (PTO) and paid holidays
Flexible work arrangements
Growth & Development 

Opportunities for advancement and internal mobility
Training and personal development opportunities
Lifestyle & Culture 

Company events and team-building activities

Job Requirements:

2-4 years of experience in investment banking, private equity, venture capital, corporate development or technology strategy; exposure to AI, cloud computing or enterprise software is advantageous
Strong financial modeling, valuation and analytical skills, with experience assessing companies, business models or investment opportunities
Intellectual curiosity about AI and a working understanding of the cloud and AI ecosystem, with the ability to learn quickly and connect technical developments to commercial economics
Independent judgment: you can structure unfamiliar questions, test assumptions, develop a clear point of view and revise it as new evidence emerges
Experience owning analytical projects or defined workstreams, with strong attention to detail and a record of delivering accurate work to deadlines
Clear written and verbal communication, including the ability to turn complex analysis into concise presentations and recommendations
A proactive, collaborative approach, sound prioritization and confidence working with colleagues and external counterparties, with good judgment about when to seek guidance
Bachelor's degree in business, finance, economics or a related field