Diversity - Innovation - Caring - Global Collaboration - Winning Spirit - High Performance
At Boston Scientific, we’ll give you the opportunity to harness all that’s within you by working in teams of diverse and high-performing employees, tackling some of the most important health industry challenges. With access to the latest tools, information and training, we’ll help you in advancing your skills and career. Here, you’ll be supported in progressing – whatever your ambitions.
ABOUT THE ROLE:
Reporting to the Vice President, Venture Capital & Business Development, the Associate Director, Neuromodulation Business Development, will identify and execute strategic acquisitions, investments, and other partnerships. This individual will work with division leadership and divisional/corporate functions to assess new markets, identify and evaluate target companies, disposition inbound opportunities, manage relationships with potential partners, conduct due diligence, develop potential deal structures and financial models, and make actionable recommendations for the Neuromodulation division.
KEY RESPONSIBILITIES
Develop and maintain deep understanding of Neuromodulation division’s franchises, adjacent opportunities, and strategic goals. Act as point of contact for outside parties approaching Boston Scientific and coordinate interactions with potential partners. Provide detailed meeting reports (including guidance on strategic fit, potential financial impact, and key risks) to key stakeholders and coordinate next steps internally as appropriate. Identify and coordinate internal resources required to evaluate opportunities and conduct due diligence. Manage cross-functional teams consisting of representatives from Marketing, R&D, Clinical, Regulatory, Legal, and other functions as appropriate. Collaborate with Finance team in developing financial models assessing company valuation and financial returns analyses. Develop and deliver presentations for division and corporate leadership to justify moving forward with potential partnership opportunities. Lead deal execution, including determination of structures and negotiation of offers and definitive agreements with counterparties. In all actions, demonstrate a primary commitment to patient safety and product quality by maintaining compliance to the Quality Policy and all other documented quality processes and procedures.
PROFESSIONAL EXPERIENCE/QUALIFICATIONS
BS or BA degree. 10+ years of relevant experience with significant time spent in Finance, Marketing, Strategy, and/or Investment Banking in the healthcare domain (medical device experience preferred). Demonstrated experience in leading cross-functional projects. Significant experience leading and closing acquisitions or other transactions, including strong knowledge of valuation methodologies, contract terms, and due diligence best practices. Demonstrated experience with complex financial modeling, including market, revenue, and investment models. Strong Microsoft Excel skills required. Demonstrated ability to synthesize complex information into strategic, cohesive, and succinct business plans. Demonstrated ability to create compelling and engaging presentations. Excellent communication skills. Ability to positively represent Boston Scientific with external parties (companies, bankers, VCs, etc.). Excellent strategic and critical thinking skills.
The expected annualized base pay range this full-time position working at this location will be from $144,500 to $274,600, plus annual bonus (subject to plan eligibility and other requirements) and the value of core and optional employee benefits being offered at BSC, which can be reviewed at www.bscbenefitsconnect.com. At BSC, it is not typical for an individual to be hired near the bottom or top of the pay range. Boston Scientific considers various factors in determining actual compensation for this position at the expected location. Actual compensation will be commensurate with demonstrable level of experience and training, pertinent education including licensure and certifications, and other relevant business or organizational needs. Actual compensation may be otherwise adjusted if the position is filled outside of the intended geographic location.
Requisition ID: 593125
As a leader in medical science for more than 40 years, we are committed to solving the challenges that matter most – united by a deep caring for human life. Our mission to advance science for life is about transforming lives through innovative medical solutions that improve patient lives, create value for our customers, and support our employees and the communities in which we operate. Now more than ever, we have a responsibility to apply those values to everything we do – as a global business and as a global corporate citizen.
So, choosing a career with Boston Scientific (NYSE: BSX) isn’t just business, it’s personal. And if you’re a natural problem-solver with the imagination, determination, and spirit to make a meaningful difference to people worldwide, we encourage you to apply and look forward to connecting with you!