Associate Director, Rhythm Management (RM) Business Development

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 Vice President, Business Development, Strategy, New Technologies (Electrophysiology), the Associate Director of Rhythm Management (RM) Business Development will identify and execute acquisitions, investments, distribution deals, partnerships, and other strategic transactions.  The scope of this role in RM spans Electrophysiology, Cardiac Rhythm Management and Cardiac Diagnostics.  The role will include significant exposure to all aspects of RM’s venture capital portfolio, including management of existing portfolio companies and strategic prioritization of new potential investments.  This individual 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 RM division.  Based on experience, candidates may be considered for a Director position.

Work Mode:
At Boston Scientific, we value collaboration and synergy. This role follows a hybrid work model requiring employees to be in our Arden Hills, MN office at least three days per week.
 
Relocation Assistance:
Relocation assistance will 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 RM.  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.  
• 10+ years of related experience with significant time spent in Finance, Marketing, Strategy, and/or Investment Banking in the healthcare domain.
• Demonstrated competency in leading cross-functional projects (direct line management and/or project management).
• Significant experience leading and closing acquisitions or other transactions, including strong knowledge of valuation methodologies, contract terms, and due diligence best practices
• 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 pl