Senior Manager, Corporate Development
Apply NowCompany: BristolMyers Squibb
Location: Cambridge, MA 02139
Description:
Working with Us
Challenging. Meaningful. Life-changing. Those aren't words that are usually associated with a job. But working at Bristol Myers Squibb is anything but usual. Here, uniquely interesting work happens every day, in every department. From optimizing a production line to the latest breakthroughs in cell therapy, this is work that transforms the lives of patients, and the careers of those who do it. You'll get the chance to grow and thrive through opportunities uncommon in scale and scope, alongside high-achieving teams. Take your career farther than you thought possible.
Bristol Myers Squibb recognizes the importance of balance and flexibility in our work environment. We offer a wide variety of competitive benefits, services and programs that provide our employees with the resources to pursue their goals, both at work and in their personal lives. Read more: careers.bms.com/working-with-us.
The Senior Manager, Corporate Development will report to the Executive Director, Corporate Development and will be responsible for supporting various transactions including Mergers & Acquisitions (M&A) and other strategic initiatives such as partial or full externalization approaches (outlicensing, spin-outs) and divestitures. The role requires extensive knowledge of and 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 provide support 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.
Major Responsibilities and Accountabilities:
Qualifications
Minimum Requirements
#LI-Hybrid
If you come across a role that intrigues you but doesn't perfectly line up with your resume, we encourage you to apply anyway. You could be one step away from work that will transform your life and career.
Uniquely Interesting Work, Life-changing Careers
With a single vision as inspiring as "Transforming patients' lives through science ", every BMS employee plays an integral role in work that goes far beyond ordinary. Each of us is empowered to apply our individual talents and unique perspectives in a supportive culture, promoting global participation in clinical trials, while our shared values of passion, innovation, urgency, accountability, inclusion and integrity bring out the highest potential of each of our colleagues.
On-site Protocol
BMS has an occupancy structure that determines where an employee is required to conduct their work. This structure includes site-essential, site-by-design, field-based and remote-by-design jobs. The occupancy type that you are assigned is determined by the nature and responsibilities of your role:
Site-essential roles require 100% of shifts onsite at your assigned facility. Site-by-design roles may be eligible for a hybrid work model with at least 50% onsite at your assigned facility. For these roles, onsite presence is considered an essential job function and is critical to collaboration, innovation, productivity, and a positive Company culture. For field-based and remote-by-design roles the ability to physically travel to visit customers, patients or business partners and to attend meetings on behalf of BMS as directed is an essential job function.
BMS is dedicated to ensuring that people with disabilities can excel through a transparent recruitment process, reasonable workplace accommodations/adjustments and ongoing support in their roles. Applicants can request a reasonable workplace accommodation/adjustment prior to accepting a job offer. If you require reasonable accommodations/adjustments in completing this application, or in any part of the recruitment process, direct your inquiries to adastaffingsupport@bms.com. Visit careers.bms.com/eeo-accessibility to access our complete Equal Employment Opportunity statement.
BMS cares about your well-being and the well-being of our staff, customers, patients, and communities. As a result, the Company strongly recommends that all employees be fully vaccinated for Covid-19 and keep up to date with Covid-19 boosters.
BMS will consider for employment qualified applicants with arrest and conviction records, pursuant to applicable laws in your area.
If you live in or expect to work from Los Angeles County if hired for this position, please visit this page for important additional information: https://careers.bms.com/california-residents/
Any data processed in connection with role applications will be treated in accordance with applicable data privacy policies and regulations.
Challenging. Meaningful. Life-changing. Those aren't words that are usually associated with a job. But working at Bristol Myers Squibb is anything but usual. Here, uniquely interesting work happens every day, in every department. From optimizing a production line to the latest breakthroughs in cell therapy, this is work that transforms the lives of patients, and the careers of those who do it. You'll get the chance to grow and thrive through opportunities uncommon in scale and scope, alongside high-achieving teams. Take your career farther than you thought possible.
Bristol Myers Squibb recognizes the importance of balance and flexibility in our work environment. We offer a wide variety of competitive benefits, services and programs that provide our employees with the resources to pursue their goals, both at work and in their personal lives. Read more: careers.bms.com/working-with-us.
The Senior Manager, Corporate Development will report to the Executive Director, Corporate Development and will be responsible for supporting various transactions including Mergers & Acquisitions (M&A) and other strategic initiatives such as partial or full externalization approaches (outlicensing, spin-outs) and divestitures. The role requires extensive knowledge of and 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 provide support 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.
Major Responsibilities and Accountabilities:
- 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.
- 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:
- Support project team interactions with functional representatives, including those from third parties (i.e. bankers, lawyers, accountants, and consultants, etc.).
- Support 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.
- Provide mentoring and coaching across internal stakeholders.
Qualifications
Minimum Requirements
- Minimum education of a bachelor's degree is required; MBA, JD or other advanced business degree preferred.
- Minimum of five (5) years of business experience. At least two (2) years of experience in life sciences, business development, strategy, investment banking, or consulting is preferred.
- Experience in Corporate Development strategy and transactions (M&A, divestitures, outlicenses, etc.) is preferred.
- Ability to analyze and understand sales forecasts, P&Ls, risk analyses, and company valuations; strong understanding of discounted cash flow, net present value, internal rates of return and risk analysis techniques.
- Proven ability to manage multiple projects efficiently with some guidance and supervision. Able to communicate effectively with senior management.
- Support the Corporate Development team on all aspects of major transactions. Ability to support analysis undertaken by other functions.
- Demonstrated negotiation skills.
- Works well with and exerts influence on multi-disciplinary teams. Facilitates candid dialogue and cross-functional collaboration.
#LI-Hybrid
If you come across a role that intrigues you but doesn't perfectly line up with your resume, we encourage you to apply anyway. You could be one step away from work that will transform your life and career.
Uniquely Interesting Work, Life-changing Careers
With a single vision as inspiring as "Transforming patients' lives through science ", every BMS employee plays an integral role in work that goes far beyond ordinary. Each of us is empowered to apply our individual talents and unique perspectives in a supportive culture, promoting global participation in clinical trials, while our shared values of passion, innovation, urgency, accountability, inclusion and integrity bring out the highest potential of each of our colleagues.
On-site Protocol
BMS has an occupancy structure that determines where an employee is required to conduct their work. This structure includes site-essential, site-by-design, field-based and remote-by-design jobs. The occupancy type that you are assigned is determined by the nature and responsibilities of your role:
Site-essential roles require 100% of shifts onsite at your assigned facility. Site-by-design roles may be eligible for a hybrid work model with at least 50% onsite at your assigned facility. For these roles, onsite presence is considered an essential job function and is critical to collaboration, innovation, productivity, and a positive Company culture. For field-based and remote-by-design roles the ability to physically travel to visit customers, patients or business partners and to attend meetings on behalf of BMS as directed is an essential job function.
BMS is dedicated to ensuring that people with disabilities can excel through a transparent recruitment process, reasonable workplace accommodations/adjustments and ongoing support in their roles. Applicants can request a reasonable workplace accommodation/adjustment prior to accepting a job offer. If you require reasonable accommodations/adjustments in completing this application, or in any part of the recruitment process, direct your inquiries to adastaffingsupport@bms.com. Visit careers.bms.com/eeo-accessibility to access our complete Equal Employment Opportunity statement.
BMS cares about your well-being and the well-being of our staff, customers, patients, and communities. As a result, the Company strongly recommends that all employees be fully vaccinated for Covid-19 and keep up to date with Covid-19 boosters.
BMS will consider for employment qualified applicants with arrest and conviction records, pursuant to applicable laws in your area.
If you live in or expect to work from Los Angeles County if hired for this position, please visit this page for important additional information: https://careers.bms.com/california-residents/
Any data processed in connection with role applications will be treated in accordance with applicable data privacy policies and regulations.