Associate Director, Neuromodulation Business Development
Valencia, CA, US, 91355
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.
Requisition ID: 593125
Minimum Salary: $148,800
Maximum Salary: $215,800
The anticipated compensation listed above and the value of core and optional employee benefits offered by Boston Scientific (BSC) – see www.bscbenefitsconnect.com--will vary based on actual location of the position and other pertinent factors considered in determining actual compensation for the role. Compensation will be commensurate with demonstrable level of experience and training, pertinent education including licensure and certifications, among other relevant business or organizational needs. At BSC, it is not typical for an individual to be hired near the bottom or top of the anticipated salary range listed above.
Compensation for non-exempt (hourly), non-sales roles may also include variable compensation from time to time (e.g., any overtime and shift differential) and annual bonus target (subject to plan eligibility and other requirements).
Compensation for exempt, non-sales roles may also include variable compensation, i.e., annual bonus target and long-term incentives (subject to plan eligibility and other requirements.
For MA positions: It is unlawful to require or administer a lie detector test for employment. Violators are subject to criminal penalties and civil liability.
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 Corporation has been and will continue to be an equal opportunity employer. To ensure full implementation of its equal employment policy, the Company will continue to take steps to assure that recruitment, hiring, assignment, promotion, compensation, and all other personnel decisions are made and administered without regard to race, religion, color, national origin, citizenship, sex, sexual orientation, gender identify, gender expression, veteran status, age, mental or physical disability, genetic information or any other protected class.
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.
Nearest Major Market: Los Angeles
Job Segment:
Compliance, Venture Capital, Financial, Investment Banking, Medical Device, Legal, Finance, Healthcare