Principal Analyst, Business Development - IC (Interventional Cardiology)

Additional Location(s): US-MN-Maple Grove

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, Cardiovascular Business Development, with a dotted line to the Director, Interventional Cardiology (IC) Business Development, the Principal Analyst will identify and execute acquisitions, investments, distribution deals, partnerships, and other strategic transactions.  The role will include significant exposure to all aspects of IC’s venture capital portfolio, including management of existing portfolio companies and strategic prioritization of new potential investments.  He/she will work with division leadership and divisional/corporate functions to characterize new market opportunities, identify and assess target companies, disposition inbound opportunities, conduct due diligence, evaluate potential deal structures and terms, and develop actionable recommendations for the IC division.

This is a Hybrid position (3 days a week on-site) at either BSC's Marlborough, MA or Maple Grove, MN site

Key responsibilities:

• Lead assessments of new markets / adjacencies for IC.  Manage cross-functional teams consisting of representatives from Marketing, Research, R&D, Clinical, Regulatory, and/or other functions as appropriate.  Provide comprehensive report-outs of these projects with clear conclusions and definitive recommendations for next steps.
• Develop and maintain complex market models and deal models for potential partnership / investment / acquisition opportunities (internal and/or external).  If formal diligence initiated, work closely with divisional finance team to build valuation scenarios by providing business guidance and coordinating cross-functional inputs into model.
• Engage and coordinate interactions with external companies along with internal subject matter experts and leadership.  Provide detailed meeting reports to key parties (including key insights, next steps, etc.) and coordinate next steps internally as appropriate.
• Lead due diligence processes for the business.  Coordinate cross-functional teams from throughout company to perform detailed diligence work and report back with comprehensive findings, next steps, and clear recommendations on how to proceed.
• Develop and present "pitch decks" for division and corporate leadership to justify moving forward with potential partnership / investment / acquisition opportunities.
• Drives continuous improvement through projects to enhance business development process, financial models, and other analyses conducted by the Business Development team.
• In all actions, demonstrates a primary commitment to patient safety and product quality by maintaining compliance to the Quality Policy and all other documented quality processes and procedures.
• Other duties and responsibilities as assigned by management.

Qualifications:

• BS or BA degree in applicable field including coursework in Finance, Marketing, and Strategy.  MBA preferred.
• 5+ years of related experience with significant time spent in Finance, Marketing, Strategy, and/or Investment Banking in the healthcare domain (medical device experience preferred).
• Demonstrated competency in leading cross-functional projects (direct line management and/or project management).
• Demonstrated experience conducting assessments of sophisticated markets.
• Demonstrated experience with complex financial modeling, including market, revenue, and investment models.  Strong Microsoft Excel skills required.
• Demonstrated ability to synthesize complex information / ideas / strategies into a cohesive and succinct business plan. 
• Demonstrated ability to create compelling and engaging presentations.
• Excellent communication skills (verbal and written).
• Ability to positively represent BSC with external parties (companies, bankers, VCs, etc.).
• Excellent strategic thinking skills.
   

Requisition ID: 586161

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!

At Boston Scientific, we recognize that nurturing a diverse and inclusive workplace helps us be more innovative and it is important in our work of advancing science for life and improving patient health. That is why we stand for inclusion, equality, and opportunity for all. By embracing the richness of our unique backgrounds and perspectives, we create a better, more rewarding place for our employees to work and reflect the patients, customers, and communities we serve. Boston Scientific is proud to be an equal opportunity and affirmative action employer.

Boston Scientific maintains a prohibited substance free workplace. Pursuant to Va. Code § 2.2-4312 (2000), Boston Scientific is providing notification that the unlawful manufacture, sale, distribution, dispensation, possession, or use of a controlled substance or marijuana is prohibited in the workplace and that violations will result in disciplinary action up to and including termination.

Please be advised that certain US based positions, including without limitation field sales and service positions that call on hospitals and/or health care centers, require acceptable proof of COVID-19 vaccination status.  Candidates will be notified during the interview and selection process if the role(s) for which they have applied require proof of vaccination as a condition of employment.  Boston Scientific continues to evaluate its policies and protocols regarding the COVID-19 vaccine and will comply with all applicable state and federal law and healthcare credentialing requirements.   As employees of the Company, you will be expected to meet the ongoing requirements for your roles, including any new requirements, should the Company’s policies or protocols change with regard to COVID-19 vaccination.