Business Dev & Partnerships

CorpDev

Corporate development professionals architect the deals that reshape entire industries, building portfolios of strategic investments, acquisitions, and partnerships. This path creates executives who think like investors but execute like operators.

L1 – L9 · 9 tours Leads to: CCO → What's a Reference DRS?

The Career Arc

Rotational · L1–L3

Build the CorpDev craft. Prove you can wield the tools of Business Dev & Partnerships.

  • L1 : Learn corporate development fundamentals
  • L2 : Support transactions with analysis
  • L3 : Lead workstreams on transactions

Transformational · L4–L7

Deliver CorpDev outcomes — each Business Dev & Partnerships tour at this altitude has a defined mission and success criteria.

  • L4 : Manage transactions with guidance
  • L5 : Lead transactions independently
  • L6 : Define M&A strategy and lead the company's most strategic transactions
  • L7 : Serve as the company's foremost corporate development strategist

Manage a Team?

Great CorpDev managers are practitioners first. The Business Dev & Partnerships IC responsibilities in L4–L7 are your foundation — your management responsibilities are additive:

  • Hire for relationship building AND deal structuring—both are essential
  • Coach strategic thinking—which partnerships move the needle?
  • Run 1:1s that develop negotiation skills and partner empathy
  • Give feedback on deal quality, not just deal volume
  • Remove blockers—fight for legal bandwidth, exec alignment, and internal resources

Foundational · L8–L9

Shape the Business Dev & Partnerships organization from the CorpDev chair — build institutions, not just products.

  • L8 : Own M&A strategy
  • L9 : Define the inorganic growth strategy
→ C-Suite: L10 is the CCO path — a distinct page, not duplicated here.

L1 — Associate Corporate Development Analyst Rotational

Mission

Learn corporate development fundamentals

This tour of duty

Support your first transaction through close

Own the outcomes

  • Learn corporate development fundamentals and financial modeling
  • Support transaction research and target analysis
  • Build financial models and valuation analyses
  • Assist with due diligence document preparation
  • Document market mapping and competitive landscape
  • Participate in deal team meetings and reviews

CorpDev at L1 — the competency bar

Business Dev & Partnerships
2
Strategy
2
Corporate Development
1

AI in this role

  • Researching potential targets
  • Creating market maps
  • Building initial models

L2 — Junior Corporate Development Analyst Rotational

Mission

Support transactions with analysis

This tour of duty

Lead analysis workstreams on deals

Own the outcomes

  • Support transactions with detailed analysis
  • Lead financial modeling workstreams
  • Conduct market research and target screening
  • Support due diligence processes
  • Build relationships with bankers and advisors
  • Develop transaction proposals and presentations

CorpDev at L2 — the competency bar

Business Dev & Partnerships
2
Corporate Development
2
Strategy
1
Finance
1
Legal & Compliance
1

AI in this role

  • Building financial models
  • Analyzing strategic fit
  • Creating due diligence materials

L3 — Senior Corporate Development Analyst Rotational

Mission

Lead workstreams on transactions

This tour of duty

Own due diligence for a transaction

Own the outcomes

  • Lead due diligence workstreams on transactions
  • Own financial analysis and valuation for deals
  • Build relationships with target companies
  • Develop deal structures and term proposals
  • Handle transaction negotiations with guidance
  • Contribute to M&A strategy and pipeline

CorpDev at L3 — the competency bar

Business Dev & Partnerships
3
Corporate Development
2
Strategy
1
Finance
1
Legal & Compliance
1

AI in this role

  • Developing deal structures
  • Analyzing synergies
  • Creating board materials

L4 — Staff Corporate Development Analyst / Manager, Corporate Development Transformational

Mission

Manage transactions with guidance

This tour of duty

Manage a transaction through close

Own the outcomes

  • Manage transactions with leadership guidance
  • Lead due diligence across workstreams
  • Build executive relationships with targets
  • Develop complex deal structures and terms
  • Coordinate integration planning activities
  • Train junior analysts on deal execution

CorpDev at L4 — the competency bar

Business Dev & Partnerships
3
Strategy
2
Corporate Development
2
Finance
1
Legal & Compliance
1

AI in this role

  • Building transaction plans
  • Analyzing integration requirements
  • Creating executive presentations

L5 — Senior Staff Corporate Development Analyst / Senior Manager, Corporate Development Transformational

Mission

Lead transactions independently

This tour of duty

Lead a strategic acquisition

Own the outcomes

  • Lead transactions independently
  • Define best practices for M&A execution
  • Drive strategic initiatives for inorganic growth
  • Build board-level relationships with targets
  • Influence company strategy through M&A
  • Create transaction frameworks and playbooks

CorpDev at L5 — the competency bar

Business Dev & Partnerships
4
Corporate Development
3
Strategy
2
Finance
1
Legal & Compliance
1

AI in this role

  • Developing M&A frameworks
  • Analyzing market consolidation
  • Creating thought leadership

L6 — Director, Corporate Development Transformational

Mission

Define M&A strategy and lead the company's most strategic transactions

This tour of duty

Build a team that executes transactions

Own the outcomes

  • Define M&A strategy and lead the company's most strategic transactions
  • Architect deal approaches for transformational acquisitions and investments
  • Establish best practices and playbooks that elevate corporate development excellence
  • Serve as the expert on transaction methodology and deal execution
  • Drive initiatives that shape inorganic growth approach company-wide
  • Influence company strategy through deep M&A and investment insights

CorpDev at L6 — the competency bar

Strategy
5
Business Dev & Partnerships
4
Corporate Development
3
Finance
1
Legal & Compliance
1

AI in this role

  • Pipeline management
  • Building team playbooks
  • Creating training programs

L7 — Senior Director, Corporate Development Transformational

Mission

Serve as the company's foremost corporate development strategist

This tour of duty

Scale corporate development operations

Own the outcomes

  • Serve as the company's foremost expert in corporate development methodology
  • Define the strategic framework for successful M&A and investment
  • Establish thought leadership in transaction execution and integration
  • Architect innovative deal structures for transformational opportunities
  • Drive cross-functional alignment on strategic transaction initiatives
  • Shape corporate development culture through expertise and best practices

CorpDev at L7 — the competency bar

Strategy
3
Business Dev & Partnerships
2
Corporate Development
2
Finance
1
Legal & Compliance
1

AI in this role

  • Transaction analysis
  • Building scale strategies
  • Creating process improvements

L8 — VP, Corporate Development Foundational

Mission

Own M&A strategy

This tour of duty

Transform M&A practices

Own the outcomes

  • Own M&A strategy and transaction pipeline
  • Build organizational structure for corp dev
  • Define M&A investment thesis and priorities
  • Establish board relationships for transactions
  • Drive alignment across company on deals
  • Represent corp dev in executive forums

CorpDev at L8 — the competency bar

Strategy
3
Business Dev & Partnerships
2
Corporate Development
1
Finance
1
Legal & Compliance
1

AI in this role

  • Organizational modeling
  • Building M&A strategies
  • Creating executive content

L9 — SVP, Corporate Development Foundational

Mission

Define the inorganic growth strategy

This tour of duty

Define the inorganic strategy

Own the outcomes

  • Define the inorganic growth strategy
  • Shape company approach to M&A and investment
  • Establish initiatives for strategic acquisitions
  • Build programs that drive transaction success
  • Drive M&A culture and excellence
  • Influence board decisions on inorganic growth

CorpDev at L9 — the competency bar

Strategy
3
Business Dev & Partnerships
1
Corporate Development
1

AI in this role

  • Strategic planning
  • Building board content
  • Creating growth strategies

What Hiring Managers Look For

L1-L3: Demonstrates deal sourcing ability through concrete examples of identifying and qualifying acquisition targets or partnership opportunities worth $10M+ in value.

L4-L6: Shows end-to-end deal execution experience including due diligence leadership, negotiation of complex terms, and post-transaction integration that delivered measurable synergies.

L7+: Proves strategic portfolio thinking with track record of building inorganic growth engines that generated 20%+ of company revenue or market expansion into new verticals.

Common Career Transitions

CorpDev → Strategy & Operations at L5-L6 for broader business transformation scope

CorpDev → Product Strategy at L4-L5 when M&A focus shifts to technology integration

CorpDev → Investment Banking at L6+ for buy-side private equity or growth equity roles

Official Classifications

System Code Official Title
O*NET-SOC (US) 13-1161.00 Market Research Analysts and Marketing Specialists
ISCO-08 (UN/ILO) 2431 Advertising and Marketing Professionals

At L6 and above, the manager classification 1221 — Sales and Marketing Managers applies IN ADDITION to the professional code — a manager is a superset of the individual contributor, never a replacement.

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