Director, Clinical Transactions
Apply NowCompany: Foundation Medicine
Location: Boston, MA 02115
Description:
Job Description
About the Job
The Director, Clinical Transactions is a key member of the Clinical Business Unit. This role is responsible for the overall transaction and contract strategy with Clinical customers, from development to execution. This role works cross-functionally with internal and external stakeholders to provide leadership in shaping new opportunities as well as scaling contract capabilities across the Business Unit.
Key Responsibilities
Qualifications:
Basic Qualifications:
Preferred Qualifications:
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About the Job
The Director, Clinical Transactions is a key member of the Clinical Business Unit. This role is responsible for the overall transaction and contract strategy with Clinical customers, from development to execution. This role works cross-functionally with internal and external stakeholders to provide leadership in shaping new opportunities as well as scaling contract capabilities across the Business Unit.
Key Responsibilities
- Lead and manage overall strategy for Clinical Business Unit customer transactions and contracts for Clinical customers in a matrixed environment.
- Serve as internal/external subject matter expert on Clinical account contracting.
- Lead the development and delivery of guidance that can support value creation and deal processes that streamline and expedite time from opportunity to contract execution. Work closely with Legal/Compliance and other teams to develop deal templates that can be leveraged by account leads teams.
- Partner with account leads in complex negotiations for high-value contracts with external parties.
- Continuously assess and optimize contract management processes, systems and tools. Develop and implement efficient workflows to streamline opportunity assessment, deal creation and contract negotiation to execution.
- Collaborate with finance and account leads to support financial and ROI analysis of opportunities throughout opportunity cycle.
- Provide regular updates to senior leadership on status of contract portfolio, risks and opportunities.
- In partnership with internal teams, ensure compliance with contracts through establishing systems for monitoring and adherence.
- Create and deliver training materials for internal teams on contract best practices, in collaboration with Legal/Compliance and Training teams.
- Maintain availability to work outside of a regularly scheduled shift.
- Travel domestically up to 20% of the time.
- Lead/support other projects as periodically assigned.
Qualifications:
Basic Qualifications:
- Bachelor's degree
- 12+ years of progressive experience in pharmaceutical, diagnostics, healthcare, research products or similar industry environment.
- 5+ years of experience contributing to the development and negotiation of contract terms.
- 5+ years of oncology experience.
Preferred Qualifications:
- MBA or other advanced (Master's+) degree in business or related field
- Demonstrated ability to take initiative from strategic planning to execution and implementation.
- Strong verbal and written communication skills.
- Significant experience partnering with account leads and customers on partnership creation, contract negotiation and deal execution.
- Experience team selling or cross-functional selling in complex environments.
- Demonstrated track record of strategic development, innovation, and successful implementation
- of effective business solutions within defined customer set(s)
- Experience working in dynamic and growing teams; demonstrated ability to operate and deliver in a fast-paced environment with ambiguity.
- Working knowledge of U.S. clinical oncology diagnostics market.
- Demonstrated ability to lead and influence cross-functionally without direct authority.
- Strong business acumen and analytical thinking.
- Demonstrated planning/organizational skills; ability to plan for both the long and short term; ability to work on many issues at once and to prioritize work.
- Understanding of HIPAA and the importance of privacy of patient data.
- Commitment to FMI values: patients, innovation, collaboration and passion.
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