Director, Global Health Innovation Fund

Job Description

Position Description

• DESCRIPTION:  As an integral member of our Company's Global Health Innovation Fund team, the Director is an entrepreneurial individual who will be expected to perform all aspects of investing in digital health and enabling technologies startups for a corporate venture capital fund. This includes deal sourcing, vetting, diligence, financial modeling, investing, as well as investment management and governance. The Director will work closely with our company's Human Health organization and report to the Managing Director of GHI for Human Health Enterprise Coverage and will be expected to lead investment activities across the GHI Fund management team with a primary focus of supporting Commercial Operations, Medical Affairs, Health Economics and Outcomes Research and our Company's Idea Studios (Europe, Asia Pacific)

RESPONSIBILITIES:

The Director will be responsible for identifying, evaluating, transacting, and managing venture investments. 

Responsibilities will include but may not be limited to:

• Lead Diligence for Venture Capital Investment Opportunities – Maintain awareness of startup companies in areas of interest, lead diligence of potential startups to identify potential investments, develop financial model, and conduct fundamental and technical due diligence

• Lead and Present Venture Capital Investment Cases – Work with GHI Managing Directors in developing a business case, along with financial modeling, and present to the investment committee comprised of Executive Committee and Executive Comittee +1 members.

• Support our Company's Idea Studios Teams and Investments – Partner with our Company's Idea Studio teams in the identification of high potential GHI investments in Europe and Asia Pacific. Lead investment diligence, Idea Studio portfolio company management and activities related to our Company's Idea Studio marketing and support.

• Portfolio Management – Actively manage investments in portfolio companies.  Take Board Director and Board Observer roles as appropriate.  Work with portfolio company management teams, boards and investors to ensure company performance.

• Competitive Intelligence – Monitor competitor activity and develop business intelligence related to the portfolio, as well as to our Company.

• Develop Domain Expertise - Develop deep knowledge in digital health and enabling technologies. Attend industry conferences and events to source deals and identify exit opportunities.

• Maintain Knowledge of our Company's Use Cases – Work closely with GHI Portfolio Development team to understand key uses cases across our Company's business to ensure alignment of new opportunities with strategy as appropriate.   Develop rapport and manage processes with senior leaders and their delegates to develop and prioritize use cases.

Position Qualifications: 

Education Minimum Requirement: 

• Bachelor's degree

Required Experience and Skills**:

• Minimum 8 years of work, or equivalent, experience in healthcare related fields

• Minimum 5 years domain expertise in venture capital investing or equivalent experience such as Mergers & Acquisitions, business development, or advisory services

• Strong understanding of pharmaceutical operating processes with an emphasis on commercial operations, technologies that support patients and health care professionals, medical affairs and health economics and outcomes research (HEOR).

• Strong knowledge of trends impacting the pharmaceutical industry with respect to enabling technologies, regulation, and reimbursement. 

• Strong written and verbal communication skills with excellent presentation skills and executive presence.

• Strong client service approach with consultative, problem-solving skill set operating in a matrixed environment

• Proficiency with Microsoft Office Suite, with high proficiency in Excel and PowerPoint

Preferred Experience and Skills:

• Advanced degree preferred, either Master's in Business Administration or PhD in relevant field. 

• Experience in venture capital investing with a strong network across the healthcare venture capital ecosystem

• Experience leading diligence processes for healthcare investments or business development for enabling technologies with demonstrated ability to orchestrate all resources including internal and external parties.

• Experience with product/solution development in Healthcare Information Technology / digital health / enabling