Development Manager, Corporate Salary
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|Salary||$48,936 - $134,242|
|Bonus||$5,000 - $30,837|
|Total Pay (||$45,937 - $150,096|
Job Description for Development Manager, Corporate
Corporate development managers are in charge of managing corporate development efforts for their organization. They are responsible for providing leadership related to evaluating purchasing prospects and investment initiatives. These managers must possess strong interpersonal skills to interact with a variety of development professionals, as well as departmental managers. Additionally, corporate development managers perform financial modeling and work in a team environment with other managers to achieve all development objectives in a timely fashion.Read More...
Some of the corporate development manager's main duties also include conducting performance reviews after purchases and development projects, overseeing development programs, and creating effective strategies to identify possible target for investments and acquisitions. These managers must strive to build strong business relationships to increase company profitability and be able to use a personal computer to communicate with internal teams and vendors, evaluate proposals, and respond to development inquiries. Corporate development managers evaluate integration plans, oversee valuation processes, write detailed reports based on development program results and observations, and present development opportunities to upper management during corporate meetings.
At least a bachelor's degree in business, economics, business administration, or a related field is required for this position. In addition, previous experience in a related capacity is needed as well. Leadership and industry certifications may be beneficial. Corporate development managers must be able to work in a fast-paced environment and complete projects under strict deadlines. They also need to work well in a team setting, as well as on their own with minimal supervision.
Development Manager, Corporate Tasks
- Manage a team to develop, deploy, maintain, and release products.
- Create budgets, schedules, recommendations, and risk mitigation documents.
- Investigate and resolve product problems.
- Work with other teams to define product features and market changes, and solve large-scale problems.
- Create and improve workflow and documentation processes to ensure quality and meeting of deadlines.
Popular Skills for Development Manager, Corporate
Survey results show that Corporate Development Managers use a fair number of skills. Most notably, facility with Due Diligence, Financial Modeling, and Mergers and Acquisitions are correlated to pay that is significantly above average, leading to increases of 21 percent, 13 percent, and 12 percent, respectively. Those listing Fundraising and Microsoft Office as skills, on the other hand, should be prepared for drastically lower pay. Most people skilled in Financial Modeling are similarly competent in Microsoft Excel.
Pay Difference by Location
For those looking to make money, Corporate Development Managers in San Francisco enjoy an exceptional pay rate, 46 percent above the national average. Corporate Development Managers will also find cushy salaries in Chicago (+20 percent) and New York (+16 percent). Corporate Development Managers in Washington report much lower salaries than the rest of the country — 54 percent below the national average — proving that residence is a major factor in overall pay.
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Key Stats for Development Manager, Corporate
Rated 4 out of 5
based on 12 votes.