Executive Director, Corporate Development

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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 understan