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Director, Business Development (NMD) Job

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Date: Sep 14, 2021

Location: Valencia, CA, US, 91355

Company: Boston Scientific

Additional Locations:

 

Diversity - Innovation - Caring - Global Collaboration - Winning Spirit - Caring - 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 Director, Business Development, the Director, Neuromodulation Business Development, will identify and execute strategic acquisitions, investments, distributions, and other partnerships.  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 Neuromodulation division.

 

Your responsibilities include: 
⦁    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, 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.

 

What we’re looking for in you:
Minimum 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 strongly preferred).
⦁    Demonstrated competency in leading cross-functional projects.
⦁    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 Boston Scientific with external parties (companies, bankers, VCs, etc.).
⦁    Excellent strategic and critical thinking skills.

Preferred Qualifications:
⦁    MBA
⦁    Deep knowledge of Neuromodulation products and markets.
 

 

Requisition ID: 497276

 

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 drug-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.

 


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