Found myself becoming a staffer in Corp dev
Joined an infrastructure development company with a large development pipeline and M&A ambition as a senior analyst in corporate development about 2 years ago. Analysts were scattered between finance and another team and created a lot of confusion and inefficiency.
Performed very well in my first year and the company rolled up all the analysts under me, in finance. The equivalent of associates and directors are in another team, so I don’t get to structure or own the deal or the project, meaning I realized I only get to staff projects given everyone’s capacity.
Now 1 year into this role, my boss (VP), a lifetime accountant with no transaction/financial modeling experience, thinks I have made myself less visible in the company throughout the year and wants me to play a central role in all projects, but beside being simply another stamp of approval I don’t see what value I can bring to any of this for as long as everyone is under one roof. Meanwhile I have to elbow one’s way, but not an overall pleasant situation to be in as I don’t want to be a staffer
This mess has potentially cost me another promotion, but really confused as to how I can meet and exceed his expectations given this weird structure… taking all suggestions (currently looking to leave)
Based on the most helpful WSO content, here are some actionable suggestions to navigate your situation:
Clarify Expectations with Your VP
Demonstrate Value Beyond Staffing
Build Relationships Across Teams
Enhance Your Visibility
Upskill and Differentiate Yourself
Evaluate Long-Term Fit
Leverage Internal Advocates
Document Your Achievements
If you’re actively looking to leave, focus on roles where you can have more ownership and influence over deals or projects. Highlight your ability to manage teams, streamline processes, and contribute strategically in your applications.
Sources: New VP struggles - asking seasoned VPs for help, How can we do better?, No VP Promote from Sr. Associate - Seeking Advice, Life at Mega Developers, Q&A: Strategic Planner at F500 Industrial Company
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