Director, Corporate Development

Role Title:

Director, Corporate Development

Reports to:

Vice President, Corporate Development

Manager Once Removed:

President & CEO

Direct Reports:

Manager, Corporate Development

Job Type:

Full-time, permanent

Location

Toronto

About Hudbay:

At Hudbay, we are driven by our purpose: We care about our people, our communities, and our planet.

Hudbay provides the metals the world needs. We work sustainably, transform lives, and create better futures for communities.

• We transform lives: We invest in our employees, their families and local communities through long-term employment, local procurement and economic development to improve their quality of life and ensure the communities benefit from our presence.
• We operate responsibly: From exploration to closure, we operate safely and responsibly, we welcome innovation and we strive to minimize our environmental footprint while following leading operating practices in all facets of mining.
• We provide critical metals: We produce copper and other metals needed for everyday products and essential for applications to support the energy transition toward a more sustainable future.

Hudbay (TSX, NYSE: HBM) is a copper-focused mining company with three long-life operations and a world-class pipeline of copper growth projects in tier-one mining-friendly jurisdictions of Canada, Peru and the United States. Hudbay’s operating portfolio includes the Constancia mine in Cusco (Peru), the Snow Lake operations in Manitoba (Canada) and the Copper Mountain mine in British Columbia (Canada). Copper is the primary metal produced by the company, which is complemented by meaningful gold production. Hudbay’s growth pipeline includes the Copper World project in Arizona, the Mason project in Nevada (United States), the Llaguen project in La Libertad (Peru) and several expansion and exploration opportunities near its existing operations.

Purpose of Role:

The purpose of this role is to identify, evaluate, and execute growth opportunities that are consistent with the company’s strategy.

Role Accountabilities:

1. Contribute to setting the company’s corporate strategy and acquisitions, including:

• Geographies, geologies, metal mix, stage of development, etc. and assist in communicating this strategy both internally and externally
• Assist in identifying, monitoring, and evaluating target assets and companies for acquisition
• Co-ordinate the transaction analysis process
• Participate in technical and financial due diligence and site visits for operating and development acquisition opportunities

2. Financial Modeling Deliverables:

• Provide oversight and is accountable for the accuracy, quality, and timeliness of financial modeling deliverables for senior management review
• Prepare financial analysis/modeling and coordinate the completion of work with the Manager, Corporate Development

3. Accountable for the accuracy, quality, and timeliness of various deliverables for senior management and the Board, including:

• Economic and financial analyses of acquisition opportunities
• Market updates and quarterly performance/opportunity update materials
• Makes a significant individual contribution to Board materials and participates/presents as needed at Board meetings
• Delivery of investment recommendation memorandums, presentations, and materials for corporate development investment/transaction approvals

4. Relationship Management:

• Work closely with internal (technical services, legal, finance, tax, investor relations) and external parties (investment bankers, consultants, investors) on various aspects of the corporate development evaluation and transaction process
• Develop new relationships with external parties, including mining companies and investment bankers, to facilitate new transaction opportunities

5. Assist in managing an equity portfolio of junior mining investments, evaluating the suitability of existing investments and sourcing potential new investments

6. Assist in raising debt and equity capital and finding alternative sources of capital, including streaming transactions and private placements with strategic shareholders

7. Monitor the maintenance and accuracy of corporate development databases

8. Special projects as needed

Experience and Qualifications:

• Bachelor’s degree in business, engineering, science, or a related discipline
• 8+ years in investment banking, corporate development, equity research or related roles
• Solid understanding of the mining industry
• Relevant transaction experience
• CFA designation or MBA would be an asset

Knowledge and Skills:

• Detailed understanding of the mining industry, particularly in copper and base metals
• Ability to interface effectively with senior members of Hudbay (technical services, exploration, legal, finance) as well as external parties (investment bankers, consultants, etc.)
• Financial modeling skills and ability to provide oversight and feedback to the Manager on economic and financial analysis
• Strong research skills
• Excellent critical thinking and analytical skills, with a demonstrated track record of sound business judgment in decisions with an abstract outcome
• Relationship oriented with strong interpersonal skills and the ability to expand current network
• Results oriented, extremely proactive and a highly responsive individual with excellent written and communication skills
• Ability to prioritize, manage several projects at once and work under a high pressure, deadline driven environment while overseeing the output of the Manager
• Strategic thinking and negotiating skills with ability to reflect on relevant transaction experience to achieve the desired outcome

Travel:

10% to 15% travel – site visits and conference/roadshow attendance, as needed.

Working Arrangements:

Role is eligible flexible work arrangements, allowing you to balance 50% of your time in the office with 50% time working remotely.

Why Hudbay?

• At Hudbay, our values of Dignity & Respect, Caring, Openness, and Trustworthiness are embedded into our culture by the way we work and how we interact with one another.
• We pride ourselves in providing our employees with competitive total rewards that include:
  • Annual performance bonuses
  • Health benefits for you and your family, with a health spending account
  • Company paid insurance for Life, Spousal and Dependent Life, AD&D, Critical Illness, and Short & Long Term Disability cover
  • A Defined Contribution pension that includes company contribution and additional matching of your voluntary contributions
  • An Employee Share Purchase Plan with contribution matching
• We support our employees in their individualized wellness journeys by providing a yearly Wellness Subsidy of up to CAD $1,000
• Hudbay gives back to the community with its employee charity matching program for eligible charitable donations made by employees
• Regular performance appraisals to acknowledge our employees for their contributions, strengths and work well done
• The opportunity to work out of our Platinum Class A and Platinum BOMA BEST® Certified office building in Toronto’s South Core Business District conveniently located beside the newly renovated Toronto Union Station

Applications will be accepted until 11:59pm EST on May 13, 2024.

Notice to candidates: Please note that some websites make copies of Hudbay job postings on their own site. If you see this job on a website that is not the Hudbay careers page, the best way to get your application to us is by applying directly at careers.hudbayminerals.com. We appreciate the interest of all candidates. Due to the volumes of applications we receive, we are only able to contact candidates that are selected to move forward in the recruitment process. Hudbay is committed to providing an inclusive and accessible candidate experience. If you require accommodation during the recruitment process, please let us know with your application.

Notice to recruiters: Please note that Hudbay Minerals does not accept unsolicited resumes from 3rd party recruitment agencies without a written agreement in place for permanent/contract placements.