Description

Directors of corporate development are generally responsible for developing and implementing long-term business strategies for their corporations. These directors must be forward-thinking and have the skills, knowledge, and foresight to accelerate these strategies through new venture investments and other development programs.A bachelor’s degree in business management or a related field and at least ten successful years in a supervisory position are generally required for this position, and experience with due diligence and financial assessment are also required. Directors of corporate development typically oversee a large staff which may include employees in various departments, such as finance, strategic development, and long-term planning.Directors of corporate development should be well-spoken and professional, exhibit leadership and management skills, and maintain thorough knowledge of strategic planning and implementation procedures. They must also be able to establish and maintain harmonious working relationships with high-level administrators within the company, as well as other professionals and third-parties outside the company. They are also required to participate in strategic planning meetings, and some may direct planning, finance, and investiture meetings.These directors often work in a fast-paced environment, and flexibility is important in this position, though they usually work during regular weekly business hours. Travel may be required up to 25% of the time depending on the employer, and eligibility to obtain a passport for international travel is also necessary.

Roles & Responsibilities

As a Director, Corporate Development with 6-9 years of experience in Canada, your main responsibilities include:

  • Lead and execute strategic initiatives such as mergers, acquisitions, and partnerships to drive business growth and expansion.
  • Conduct thorough market research and analysis to identify potential investment opportunities and assess their financial viability.
  • Develop and maintain relationships with key stakeholders, including investors, executives, and external partners.
  • Collaborate with cross-functional teams to develop and implement corporate strategies, ensuring alignment with overall business objectives.

Qualifications & Work Experience

For a Director, Corporate Development, the following qualifications are required:

  • Extensive experience in strategic planning and corporate development, with a clear understanding of market trends, industry dynamics, and competitive landscapes.
  • Proven track record in leading and executing mergers and acquisitions, including deal origination, due diligence, negotiations, and integration planning.
  • Strong financial acumen and analytical skills to assess potential investment opportunities, perform financial modeling and valuation analysis, and make informed recommendations to senior management.
  • Excellent leadership and communication skills to collaborate with cross-functional teams and stakeholders, build relationships with external partners, and influence decision-making at the executive level.

Essential Skills For Director, Corporate Development

1

Corporate Finance

2

Business Planning

3

Leadership Management

4

Business Development

Skills That Affect Director, Corporate Development Salaries

Different skills can affect your salary. Below are the most popular skills and their effect on salary.

Financial Modeling

5%

Strategic Negotiations

10%

Mergers & Acquisitions

3%

Career Prospects

The Director of Corporate Development plays a crucial role in driving growth and strategic initiatives within a company. With 6-9 years of experience in Canada, professionals in this field may consider exploring alternative roles. Here are four options to consider:

  • Strategy Manager: A position that involves developing and implementing strategic plans, conducting market research, and identifying growth opportunities.
  • Business Development Manager: A role focused on expanding the company's customer base, building partnerships, and driving revenue growth through new business opportunities.
  • Mergers and Acquisitions M&A Manager: This role involves leading and executing mergers, acquisitions, and other strategic transactions, including conducting due diligence and negotiating deals.
  • Venture Capital Investor: A position that involves identifying and investing in promising startup companies, managing investment portfolios, and providing strategic guidance and support to portfolio companies.

How to Learn

The role of Director, Corporate Development in Canada is projected to experience strong growth in the market. According to a 10-year analysis, there has been an increasing demand for professionals in this position, and this trend is expected to continue in the future. With Google data points indicating a thriving corporate landscape, employment opportunities for Directors, Corporate Development are likely to multiply, offering a promising outlook for professionals in this field. The projected growth of this job role suggests a favorable job market and ample career opportunities for individuals seeking to pursue a career in corporate development in Canada.