Senior Manager, Business Development - Peripheral Vascular

Additional Location(s): US-MN-Maple Grove; US-MN-Arden Hills

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 Senior Director of Business Development for the Interventional Oncology & Embolization (IO&E) and Peripheral Vascular (PV) businesses, the Senior Manager of PV Business Development will identify and execute acquisitions, investments, distribution deals, partnerships, and other strategic transactions.  The role will include significant exposure to all aspects of PV’s mergers and acquisitions activities and the division’s venture capital portfolio, including the management of existing portfolio companies and strategic prioritization of new potential investments and acquisition targets.  This individual will work with divisional 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 PV division. 

 

Work Mode:

At Boston Scientific, we value collaboration and synergy. This role follows a hybrid work model requiring employees to be in our BSC offices at least three days per week.  This role will be located in Maple Grove, MN.

 

Relocation Assistance:

Relocation assistance may be available

 

Visa Sponsorship:

Boston Scientific will not offer sponsorship or take over sponsorship of an employment visa for this position at this time

 

Key responsibilities:

• Lead assessments of new markets / adjacencies for PV.  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.

 

Required Qualifications

• BS or BA degree in applicable field including coursework in Finance, Marketing, and Strategy.  MBA preferred.
• 8+ 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 compe