SI_Sr Business Development Manager
Careers that Change Lives
A Day in the Life
A Day in the Life
This is a strategic role to accelerate the growth of Medtronic Surgical OU through inorganic approach. The BD Manager will provide support to BD Leader and be a close partner with business leaders to identify and prioritize inorganic growth needs and develop inorganic strategy. This person will build up a pipeline of BD targets through networking and research and execute the transaction to deliver inorganic growth contributing to overall business.
Responsibilities:
- Develop inorganic growth strategy by analyzing business needs through collaboration with upstream marketing, R&D and other functional input
- Lead transaction execution work including building investment thesis, build financial model, conduct due diligence, prepare presentation to executives by collaborating with cross functional team
- Build business cases for each BD project in collaboration with business team to determine revenue and calculate NPV to evaluate the financial impact to the business
- Build up a pipeline of potential partners and define prioritization criteria through working with external (banker, investor, lawyer, consultant) and internal resources
- Act as business representative in initial contact with candidates for BD partnership including M&A, licensing, minority investment, etc. with partnership with corporate finance and legal
- Present strategy and deal thesis to stakeholders at multiple levels and gain alignment and build consensus
Basic Qualifications:
- Bachelors degree required
- Minimum of 7 years of relevant experience, or advanced degree with a minimum of 5 years relevant experience
Disired/Preferred Qualifications:
- MBA Degree is a plus
- 5+ years’ experience working in medical device environment.
- 3+ years’ experience working in Business Development, investment, banking, or management consulting roles
- Good experience of working with cross-functional team and managing multiple stakeholders
- Demonstrated excellent downward, lateral, and upward communication skills (oral/presentation and written).
- Demonstrated strong interpersonal, quantitative analysis, and problem solving skills.
- Demonstrated high degree of initiative and influence management skills.
- Speak both English and Chinese. Willing to locate in Shanghai
About Medtronic
Together, we can change healthcare worldwide. At Medtronic, we push the limits of what technology, therapies and services can do to help alleviate pain, restore health and extend life. We challenge ourselves and each other to make tomorrow better than yesterday. It is what makes this an exciting and rewarding place to be.
We want to accelerate and advance our ability to create meaningful innovations - but we will only succeed with the right people on our team. Let’s work together to address universal healthcare needs and improve patients’ lives. Help us shape the future.
Physical Job Requirements
The physical demands described within the Responsibilities section of this job description are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. For Office Roles: While performing the duties of this job, the employee is regularly required to be independently mobile. The employee is also required to interact with a computer, and communicate with peers and co-workers. Contact your manager, recruiter or local HR to understand the Work Conditions and Physical requirements that may be specific to each role. (ADA-United States of America)
