Senior Manager, Corporate Development and M&A

Position Summary...

Join Walmart as a Senior Manager, Corporate Development and M&A, and play a key role in driving the company’s inorganic growth strategy. This is a high‑visibility opportunity to work on transformative deals across Walmart U.S., Sam’s Club, and Walmart International. You’ll gain significant exposure to senior leaders and have strong potential for career progression within the company.

Walmart’s Corporate Development team is a small, high‑performing group that partners with senior leadership to identify, evaluate, and execute strategic M&A initiatives. The team’s mission is to drive value through acquisitions, investments, divestitures, and strategic partnerships, supporting Walmart’s growth and innovation goals. As a Senior Manager, you’ll collaborate with business and functional leaders, as well as external partners, to deliver impactful results.

• Engage with Walmart business leaders to develop M&A strategy, identify and assess potential inorganic growth opportunities, and build consensus.
• Develop and manage relationships with investment banking, private equity, and venture capital investors in retail, digital media, supply chain, and emerging technologies.
• Lead all transaction‑related financial modeling and valuation analysis to support deal execution.
• Manage the diligence process by partnering with internal teams (legal, accounting, tax) and external advisors.
• Build presentations for senior leadership that convey effective narratives, outline strategic trade‑offs, and drive executive decision‑making.
• Support the Integration/Separation team on post‑close planning and execution.

• Experience in corporate development, investment banking, private equity, or a related field, with a strong track record in M&A execution.
• Advanced financial modeling and valuation skills, with the ability to analyze complex transactions and present clear recommendations.
• Strong relationship management skills, with experience engaging both internal stakeholders and external partners.
• Excellent communication and presentation abilities, capable of building compelling narratives for senior executives.
• Ability to manage multiple projects simultaneously and thrive in a fast‑paced, dynamic environment.
• Collaborative mindset with a focus on driving results and supporting team success.

At Walmart, we offer competitive pay as well as performance‑based bonus awards and other great benefits for a happier mind, body, and wallet. Health benefits include medical, vision and dental coverage. Financial benefits include 401(k), stock purchase and company‑paid life insurance. Paid time off benefits include PTO (including sick leave), parental leave, family care leave, bereavement, jury duty, and voting. Other benefits include short‑term and long‑term disability, company discounts, Military Leave Pay, adoption and surrogacy expense reimbursement, and more.

You will also receive PTO and/or PPTO that can be used for vacation, sick leave, holidays, or other purposes. The amount you receive depends on your job classification and length of employment. It will meet or exceed the requirements of paid sick leave laws, where applicable. For information about PTO, see  . Live Better U is a Walmart‑paid education benefit program for full‑time and part‑time associates in Walmart and Sam’s Club facilities.

Programs range from high school completion to bachelor's degrees, including English Language Learning and short‑form certificates. Tuition, books, and fees are completely paid for by Walmart.

Eligibility requirements apply to some benefits and may depend on your job classification and length of employment. Benefits are subject to change and may be subject to a specific plan or program terms.

For information about benefits and eligibility, see One.

Walmart ().

The annual salary range for this position is $90,000.00 - $. Additional compensation includes annual or quarterly performance bonuses. Additional compensation for certain positions may also include:

• Stock

Bachelor’s degree in Business, Engineering, or related field and 3 years’ experience in Merger & Acquisitions,…