Mergers & Acquisitions, Senior Manager

About the role

As M&A Senior Manager, you will be a key member of BT Group’s M&A team within Strategy & Change, helping to shape and deliver transactions that support the Group’s long-term strategy and create sustainable value. You will support and, where appropriate, lead acquisitions, divestitures, joint ventures and strategic partnerships, working across the full transaction lifecycle from the early assessment of opportunities and strategic options through to due diligence, execution and integration planning.

You will work closely with M&A leaders and senior stakeholders across BT, bringing together colleagues from strategy, finance, legal, commercial, technology, operations and regulatory teams. Your analysis will help leaders understand the strategic rationale, financial value, risks and practical implications of each opportunity, enabling clear and evidence-based decisions.

This is a high-profile and varied role with exposure to senior leaders, external advisers and potentially Board-level decision-making. It will suit someone who combines strong commercial judgement and financial analysis with the confidence to challenge constructively, communicate complex issues simply and keep multiple workstreams moving in a fast-paced and often confidential environment.

What you’ll be doing

• Assess and help deliver acquisitions, divestitures, joint ventures and strategic partnerships.
• Evaluate strategic options, including whether BT should build, buy or partner, and develop target pipelines with business teams.
• Build and review valuations, financial models, business cases and returns analysis to support senior decisions.
• Coordinate commercial, financial, legal, operational, technology and regulatory due diligence, highlighting key risks and value drivers.
• Manage transaction plans, governance, adviser activity, workstream deliverables and data room processes.
• Prepare clear papers and presentations for senior leaders, ExCo members and the BT Plc Board.
• Support integration planning, synergy assessment and post-close value tracking.
• Coach junior colleagues and promote high standards of analysis, collaboration and delivery.

Essential Skills / Experience

Corporate Development, M&A & Financial Analysis
Proven experience in corporate development, M&A, corporate finance, investment banking, consulting, strategic finance or a related analytical environment. Strong financial modelling, valuation, business case development and commercial assessment skills, with a solid understanding of transaction processes and corporate finance principles.

Strategic Delivery & Stakeholder Influence
Ability to manage complex projects, due diligence activities and multiple workstreams simultaneously. Strong stakeholder management skills with experience building trusted relationships across business units, senior leaders and external advisers, ensuring successful delivery in a fast-paced and often ambiguous environment.

Commercial Judgement, Communication & Insight
Strong analytical and strategic thinking capability with the ability to interpret complex financial, commercial, operational and regulatory information, develop practical recommendations and communicate clearly through written reports, presentations and executive-level discussions.

Desirable Skills / Experience

• Experience across the full transaction lifecycle, including integration planning or post-close value tracking.
• Knowledge of the technology, telecommunications or infrastructure sectors and their commercial or regulatory context.
• A degree in a relevant discipline or a postgraduate or professional finance qualification, such as an MBA, CFA, accounting or corporate finance qualification.
• Familiarity with data rooms, market research tools, financial analysis platforms and appropriately governed AI-assisted research

Our Package

Tailored benefits make a real difference. That’s why we offer a comprehensive range to support your growth, wellbeing, and everyday life. You can design the package to suit you and your lifestyle. Your core benefits include:

• Company car scheme (or cash alternative)
• 15% on target annual bonus
• Private healthcare for you and your family
• Access to an online private GP 24/7 for you and your immediate family
• Market-leading paid carers leave with up to 2 weeks off
• Equalised maternity, paternity, and adoption leave – 18 weeks’ full pay and 8 weeks’ half pay
• Discounted EE and BT products, including mobile and broadband
• Market leading Pension scheme – 5% from you and 10% from us
• Holiday purchase scheme

You can select additional benefits, including healthcare, dental, gym memberships and more when you’re ready.

Join us at a pivotal moment for BT Business. We are executing a multi-year transformation to restore growth, modernise at scale and unlock new markets beyond connectivity. Our ambition is clear – return to sustainable revenue and EBITDA growth, strengthen our market position, and deliver meaningful shareholder value through disciplined execution and bold reinvention.

We are fundamentally reshaping the business – simplifying our portfolio, digitising our customer experience and building market-leading capability across cyber, AI and managed services, all powered by the UK’s leading fixed and mobile networks. This is a shift from a legacy connectivity provider to a modern, solutions-led, AI-first business that can truly differentiate in a competitive and fast-moving market.

With execution momentum building and a clear path to growth, the opportunity now is to scale what works, accelerate performance and fully realise our potential. This is about delivering against ambitious financial outcomes while transforming how we operate – creating a business that is simpler, faster, more innovative and easier to do business with.

If you want to be part of the team shaping the turnaround of a multi-billion-pound business – and building a stronger, more competitive BT for the future – this is your moment.