Senior Director, Corporate Development

TerraPower LLC. • Everett, WA

2d

About The Position

The Senior Director of Corporate Development owns the long-horizon growth architecture of TerraPower Isotopes (TPI) across mergers and acquisitions, partnerships, alternative revenue structures, and capital planning. The role is separate from day-to-day sales and account management and determines which organizations TPI should work with, on what terms, and how the business should be financed to reach its strategic goals. The position reports to the Vice President of Commercial and Strategy. The successful candidate will bring transaction experience in radiopharmaceuticals or nuclear medicine, financial expertise to independently value and structure deals, and the ability to operate as a senior individual contributor in a rapidly scaling, capital-intensive business.

TerraPower Isotopes is focused on medical isotope development and advanced radiopharmaceutical applications. It aims to support radiotherapies for cancer treatment through radioisotope supply, including long-term production of actinium-225 and expansion into other nuclear-related medical treatments.

The role requires regular travel to TPI facilities, counterparty sites, and international partner locations; the listed travel requirement is 0–10%. The work involves extended sitting and prolonged repetitive work, as well as typing, visual and audio-focused tasks, and stairs. Physical exertion is minimal, with the ability to safely lift up to 25 pounds. The standard working environment may involve more than eight hours per day.

Requirements

• Bachelor’s degree in finance, business, engineering, life sciences, or a related field.
• At least 15 years of progressive experience in corporate development, investment banking, private equity, or strategic finance, including substantial experience in the radiopharmaceutical, nuclear medicine, pharmaceutical, or medical device industry.
• Demonstrated ownership of completed transactions from origination through close, including valuation, diligence, structuring, and negotiation.
• Deep working knowledge of the radiopharmaceutical value chain, including isotope production economics, clinical development timelines, and the reimbursement environment for radiotherapeutics.
• Advanced financial modeling skills, including the ability to build, audit, and defend valuation and long-range planning models independently.
• Experience evaluating and structuring non-cash consideration, such as equity or royalty interests.
• Experience presenting recommendations to and defending them before boards of directors, investment committees, or comparable governing bodies.
• Ability to operate as a senior individual contributor and build and lead a team as the business scales.
• Excellent written communication skills, including the ability to turn complex financial and strategic analysis into concise, decision-ready material.
• Ability to travel to company facilities, counterparty sites, and international partner locations with regularity.
• Ability to perform the listed job functions, with or without accommodation; physical exertion is minimal, and the role requires the ability to safely lift up to 25 pounds.
• High degree of trust and integrity, open communication, respect, and a desire to foster teamwork.
• Passion for mission-driven innovation in nuclear medicine and radiopharmaceuticals.

Nice To Haves

• MBA, CFA, or an advanced degree.

Responsibilities

• Originate, screen, and prioritize acquisition, merger, joint venture, and partnership opportunities against TPI’s strategic position and capital constraints.
• Build and defend discounted cash flow, comparable company and transaction, and scenario valuation models suitable for external advisor and Board scrutiny.
• Lead financial and commercial diligence, integrating technical, legal, quality, and regulatory workstreams into a unified view of value and risk.
• Structure transaction terms and governance, and support negotiations through signing.
• Prepare Board-level transaction materials that present risks, rewards, and alternatives across scenarios without favoring a predetermined outcome.
• Develop post-close integration plans, including synergy definition, sequencing, and tracking against the deal case.
• Design and evaluate alternatives to unit-priced supply.
• Model trade-offs between near-term realized price and long-term participation in customer product value.
• Assess counterparty creditworthiness, clinical probability of success, and dilution exposure when non-cash consideration is contemplated.
• Develop and maintain a long-range financial plan connecting production capacity expansion, revenue ramp, and capital requirements.
• Evaluate equity, debt, project finance, government, and strategic-partner funding alternatives in light of cost of capital, dilution, covenants, and control.
• Prepare fundraising materials, including financial models, data room content, and responses to investor and lender diligence.
• Support negotiation of financing terms and maintain relationships with banking, lending, and advisory counterparties.
• Monitor the alpha therapy and broader radiopharmaceutical landscape, including clinical pipelines, isotope supply capacity, competitor economics, and transaction comparables.
• Identify developers, contract manufacturers, and suppliers for TPI relationships and articulate the strategic rationale for each.
• Track relevant public and private market valuations.
• Deliver concise analytical briefs to the Vice President of Commercial and Strategy and TPI Leadership Team on developments that affect the strategic picture.
• Ensure corporate development activity complies with export control requirements, antitrust and competition law, and transaction confidentiality obligations.
• Coordinate with legal counsel on transaction documentation, disclosure obligations, and regulatory approval pathways.
• Travel to TerraPower Isotopes facilities, counterparty sites, and international partner locations as required.

Benefits

• Competitive compensation and eligibility to participate in discretionary short-term incentive payments.
• Comprehensive medical and wellness benefits, including medical, vision, dental, life, and disability coverage.
• Gender affirmation benefits.
• Parental leave.
• 401(k) plan.
• 21 days of annually accrued paid time off.
• 10 paid holidays.
• Relocation assistance.
• Professional and educational support opportunities.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior