Senior Director, Corporate Development

Astera Labs•San Jose, CA

1d•$220,000 - $280,000

About The Position

Astera Labs is seeking a Senior Director of Corporate Development to lead strategic transactions — including acquisitions, investments, and partnerships — that will shape the future of AI connectivity. Reporting to the Head of Corporate Development, you will partner with engineering, product, and executive leadership to identify, evaluate, and execute opportunities that align with our long-term growth strategy. This is a high-visibility opportunity to join a hyper-growth semiconductor company at the epicenter of rack-scale AI infrastructure. Your work will directly influence executive and board-level decisions and help scale the purpose-built connectivity backbone powering the next generation of AI data centers.

Requirements

Bachelor's degree in Business Administration, Electrical Engineering, Computer Science, or related field
12+ years of overall professional experience across corporate development, investment banking, private equity, venture capital, or related roles, with 5–8 years in a leadership or management capacity
Semiconductor corporate development experience, or investment banking experience covering the semiconductor sector
Demonstrated track record leading strategic transactions and engaging directly with executive leadership
Strong analytical skills with expertise in valuation, financial modeling, and strategic analysis
Excellent communication and presentation skills, with the ability to convey complex concepts clearly to diverse audiences

Nice To Haves

MBA or advanced degree
Direct M&A experience in the semiconductor or data center infrastructure space
Experience with post-merger integration planning and execution
Familiarity with AI/ML infrastructure trends and the evolving data center connectivity landscape
Willingness to travel as needed for deals, industry events, and conferences

Responsibilities

Lead corporate development transactions end-to-end, from target identification through close and integration
Partner with executive and engineering leaders to evaluate opportunities, address strategic gaps, and drive build/buy/partner analyses
Own deal project management across the full lifecycle, ensuring timely execution and stakeholder alignment
Conduct detailed valuation, pro forma modeling, and investment assessments to evaluate deal alignment
Develop executive and board-ready presentation materials with clear recommendations
Research adjacent and new market opportunities, including opportunity sizing, target landscaping, and competitive analysis
Drive diligence workstreams across engineering, product, finance, legal, and operations to validate key assumptions and value drivers
Oversee post-merger integration to ensure deals deliver long-term strategic and financial value
Continually refine the company's framework and playbook for acquiring new capabilities and partnerships
Build deep expertise in emerging AI infrastructure technologies, companies, and business models
Monitor industry trends and competitive dynamics to inform corporate development strategy and executive decision-making