Corp Dev Talent

Based on the most helpful WSO content, here are some key points to consider for your Corp Dev hiring needs:

1. Ideal Candidate Background:

   • Banking experience is highly valued for Corp Dev roles, as it provides strong financial modeling, valuation, and deal execution skills.
   • Candidates with private equity, FP&A, or consulting backgrounds could also be considered, especially if they have relevant experience in underwriting, due diligence, or asset acquisition.

2. Responsibilities:

   • The role aligns closely with typical Corp Dev tasks: underwriting, negotiating, executing, and monitoring acquisitions. Candidates should have strong Excel and PowerPoint skills, as these are essential for success in such roles.
   • Experience in working with portfolio companies and managing post-acquisition integration would be a plus.

3. Compensation Expectations:

   • For analysts/associates in Corp Dev, total compensation (base + bonus) typically ranges from $100K to $150K, depending on experience and location. NYC-based roles might skew toward the higher end of this range.

4. Work Environment:

   • A 4-day in-office schedule with some flexibility is reasonable, especially for NYC. Highlighting this flexibility could help attract top talent, particularly those who value work-life balance.

5. Networking for Candidates:

   • If you're open to candidates outside of banking, networking within WSO forums or reaching out to professionals in adjacent fields (e.g., FP&A, consulting) could yield strong candidates.
   • Consider targeting individuals with a passion for music or entertainment, as this could align well with your fund's focus on music royalties.

Would you like suggestions on how to structure your job posting or tips for sourcing candidates? Let me know!

Sources: Corporate Development Manager - Q&A, Knowledge Sharing: Corporate Development / M&A, CorpDev to PE prospects - creating a long-term map / success stories, Corporate Development: My Experiences and Background, Corp Dev Interviews