Director of Business Development responsible for identifying and executing strategic acquisitions. Leading market research and collaboration with various business teams at Xylem.
About the role
- Business Development Director leading inorganic growth strategies in Neuromodulation for Medtronic. Seeking partnerships and overseeing transaction processes to enhance market position.
Responsibilities
- Lead and execute inorganic growth strategies to expand and enhance the Neuromodulation Operating Unit’s position.
- Focus on identifying and securing external partnerships that align with strategic business goals.
- Maintain a 6-, 12- & 18-month pipeline of actionable targets & opportunities.
- Oversee all aspects of transaction processes including deal sourcing, modeling, negotiation, due diligence, and integration planning.
- Ensure alignment with overall business objectives and financial targets.
- Conduct comprehensive market analyses to identify emerging trends, potential partners, and growth opportunities.
- Develop strategies that leverage these insights to maintain and enhance competitive positioning.
- Establish and maintain strong relationships with external partners, including industry leaders, potential acquisition targets, and other relevant stakeholders.
- Work closely with various internal teams, including strategy, finance, legal, R&D, and operational units, to ensure cohesive strategy implementation and operational alignment.
Requirements
- 10+ years of experience leading cross-functional project teams and managing complex programs involving multiple stakeholders
- 7+ years of managerial experience (direct/indirect)
- Experience negotiating, structuring, executing and integrating distribution, investment, licensing, partnership, acquisition, divestiture transactions
- Strong, demonstrated communication skills and executive presence
- Knowledge and experience within the neuromodulation, deep brain stimulation, spinal cord stimulation segments of healthcare is ideal
- MBA or equivalent advanced degree in Business, Healthcare, Finance, or related fields
- In-depth knowledge of medical device regulatory requirements and the clinical trial process
- Extensive experience in the medical device or healthcare industry with a track record in M&A, strategic valuations, and partnership development
- Proficiency in building advanced financial models (i.e. Excel) and strategic presentations (i.e. PPT)
Benefits
- Health, Dental and vision insurance
- Health Savings Account
- Healthcare Flexible Spending Account
- Life insurance
- Long-term disability leave
- Dependent daycare spending account
- Tuition assistance/reimbursement
- Simple Steps (global well-being program)
- Incentive plans
- 401(k) plan plus employer contribution and match
- Short-term disability
- Paid time off
- Paid holidays
- Employee Stock Purchase Plan
- Employee Assistance Program
- Non-qualified Retirement Plan Supplement (subject to IRS earning minimums)
- Capital Accumulation Plan (available to Vice Presidents and above, or subject to IRS earning minimums)
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