Working with Us
Challenging. Meaningful. Life-changing. Those aren’t words that are usually associated with a job. But working at Bristol Myers Squibb is anything but usual. Here, uniquely interesting work happens every day, in every department. From optimizing a production line to the latest breakthroughs in cell therapy, this is work that transforms the lives of patients, and the careers of those who do it. You’ll get the chance to grow and thrive through opportunities uncommon in scale and scope, alongside high-achieving teams rich in diversity. Take your career farther than you thought possible.
Bristol Myers Squibb recognizes the importance of balance and flexibility in our work environment. We offer a wide variety of competitive benefits, services and programs that provide our employees with the resources to pursue their goals, both at work and in their personal lives. Read more: careers.bms.com/working-with-us.
Position: Executive Director, Corporate Development
Location: New Jersey
Position Summary
The Executive Director, Corporate Development will report to the Vice President, Corporate Development and lead all active surveillance and Corporate Development opportunity prioritization/evaluation activities. They will be responsible for leading various transactions including Mergers & Acquisitions (M&A) and other strategic initiatives such as partial or full externalization approaches (out licensing, spinouts) and divestitures. The role requires extensive experience in the life sciences and biopharmaceutical industry along with strong project management, communication, and interpersonal skills to work with multiple internal stakeholders on highly visible and time-sensitive Corporate Development projects. The candidate will take the lead in performing strategic, commercial, and financial assessments of corporate development opportunities, collaborate on due diligence and valuation, and manage transaction processes in support of BMS strategy and objectives.
Key Responsibilities
Demonstrate business acumen while collaborating closely with internal Business Development Search and Evaluation (S&E), R&D, Finance, and Commercial stakeholders as well as external advisors
Lead, facilitate, and support the active monitoring and surveillance work on a broad set of Corporate Development priorities
Support triage, evaluation, and tracking of Corporate Development opportunities (M&A, externalizations, and divestitures) working closely with our internal Search & Evaluation team and other key stakeholders
Support the Corporate Development deal process:
Lead and support project team interactions with functional representatives, including those from third parties (i.e. bankers, lawyers, accountants, and consultants, etc.)
Lead and manage the development, drafting, and execution of project team deliverables and recommendations
Ensure robustness of the overall Corporate Development process and complete deliverables under time-sensitive deadlines
Participate in the successful structuring, negotiation, and execution of Corporate Development transactions with supervision to successful completion
Support the delivery of business assessments and recommendations of Corporate Development opportunities including deal proposals, valuation, deal status, and key issues of the transaction to BMS governance bodies for endorsement
Collaborate with a broad range of BMS functions, including coordinating with internal stakeholders / external counterparts to ensure smooth execution and working with Transaction Legal on contracts
Responsible for coordinating team meetings, preparing agendas, and minutes for various BD related M&A teams as needed
Take active responsibility of mentoring and coaching across the Corporate Development team and other internal stakeholders
Lead, build, manage, and develop direct reports as a world-class Corporate Development team
Qualifications & Experience
MBA, JD or other advanced business degree preferred
10+ years of experience and majority focused within the life sciences industry (business / corporate development, strategy, finance, investment banking, or management consulting preferred)
Experience in biopharmaceutical various Corporate Development transactions (M&A, divestitures, out licenses, etc.) and strategy
Ability to analyze and understand sales forecasts, P&Ls, risk analyses, and company valuations, strong understanding of discounted cash flow, net present value, internal rates of return and risk analysis techniques
Able to collect and integrate key business and scientific points across therapeutic areas into M&A target monitoring, evaluation and valuation
Proven ability to manage multiple projects efficiently and independently with supervision of Business Development leadership
Strong knowledge of biopharmaceutical industry issues, trends, scientific innovation and their business impact and expertise in the Corporate Development process and landscape
Strong analytical, communication, and leadership skills with experience in communicating effectively with senior management
Support the Corporate Development team on all aspects of major transactions
Ability to lead and collaborate with cross-functional teams to assess, evaluate, and execute on key strategic priorities within Corporate and Business Development
Demonstrated negotiation skills
Consistently delivers on commitments in a timely manner
If you come across a role that intrigues you but doesn’t perfectly line up with your resume, we encourage you to apply anyway. You could be one step away from work that will transform your life and career.
Uniquely Interesting Work, Life-changing Careers
With a single vision as inspiring as “Transforming patients’ lives through science™ ”, every BMS employee plays an integral role in work that goes far beyond ordinary. Each of us is empowered to apply our individual talents and unique perspectives in an inclusive culture, promoting diversity in clinical trials, while our shared values of passion, innovation, urgency, accountability, inclusion and integrity bring out the highest potential of each of our colleagues.
On-site Protocol
BMS has a diverse occupancy structure that determines where an employee is required to conduct their work. This structure includes site-essential, site-by-design, field-based and remote-by-design jobs. The occupancy type that you are assigned is determined by the nature and responsibilities of your role:
Site-essential roles require 100% of shifts onsite at your assigned facility. Site-by-design roles may be eligible for a hybrid work model with at least 50% onsite at your assigned facility. For these roles, onsite presence is considered an essential job function and is critical to collaboration, innovation, productivity, and a positive Company culture. For field-based and remote-by-design roles the ability to physically travel to visit customers, patients or business partners and to attend meetings on behalf of BMS as directed is an essential job function.
BMS is dedicated to ensuring that people with disabilities can excel through a transparent recruitment process, reasonable workplace accommodations/adjustments and ongoing support in their roles. Applicants can request a reasonable workplace accommodation/adjustment prior to accepting a job offer. If you require reasonable accommodations/adjustments in completing this application, or in any part of the recruitment process, direct your inquiries to adastaffingsupport@bms.com. Visit careers.bms.com/eeo-accessibility to access our complete Equal Employment Opportunity statement.
BMS cares about your well-being and the well-being of our staff, customers, patients, and communities. As a result, the Company strongly recommends that all employees be fully vaccinated for Covid-19 and keep up to date with Covid-19 boosters.
BMS will consider for employment qualified applicants with arrest and conviction records, pursuant to applicable laws in your area.
If you live in or expect to work from Los Angeles County if hired for this position, please visit this page for important additional information: https://careers.bms.com/california-residents/
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