Associate, Business Development

About the role

The Associate, Business Development plays a critical role in supporting inorganic growth activity across GE HealthCare, including in identifying and executing mergers and acquisitions, divestitures, equity investments, partnerships / alliances, and licensing transactions.

Responsibilities

• Collaborates with business segment and regional deal teams in identifying and executing on all Business Development transactions, including mergers and acquisitions, divestitures, equity investments, partnerships / alliances, and licensing;
• Supports and/or leads various phases of the transaction process, including market analyses, development and evaluation of inorganic strategies, drafting investment theses, target identification and screening, valuation modelling, due diligence, negotiation, and closing;
• Collaborates with assigned segment, function, and regional teams, performs gap analysis to business unit portfolio, and helps define strategic and tactical steps to best position segment for accelerated growth;
• PARTNERS WITH BUSINESS DEVELOPMENT LEADERSHIP TO MANAGE COMMUNICATION AND ALIGNMENT WITH KEY INTERNAL STAKEHOLDERS TO SUPPORT EFFECTIVE DECISION MAKING AND TRANSACTION APPROVAL PROCESSES;
• Facilitates smooth transition of responsibilities and knowledge to business and functional leadership responsible for ongoing operations post-close;
• Analyzes customer needs, marketplace dynamics, industry trends, and the competitive landscape and understands the impact of business activities and decisions on the external environment;
• PARTNERS WITH INVESTMENT BANKERS, CONSULTANTS, LAWYERS, AND OTHER THIRD PARTIES IN TRANSACTION PROCESSES;
• OWNS KEY TOOLS, PROCESS, AND STANDARD WORK FOR THE BUSINESS DEVELOPMENT TEAM AND LEADS INITIATIVES TO CONSTANTLY IMPROVE THE USE AND FUNCTIONALITY OF THESE TOOLS AND TEMPLATES.

Qualifications

• Bachelor's Degree in Finance, Economics, Business Administration, Accounting, or a technical field;
• Minimum two years of relevant experience in finance, strategic marketing, strategy consulting, investment banking, corporate development, or related field;
• Demonstrated quantitative analytical skills and experience with financial modeling and M&A;
• Ability to understand business unit goals and identify inorganic opportunities to achieve those goals;
• Experience and demonstrated aptitude both managing and prioritizing multiple projects;

Preferred Qualifications

• Healthcare industry experience;
• Ability to work within a matrix organizational environment and to interact with executives at the most senior levels;
• Demonstrated experience analyzing and negotiating business transactions including acquisition evaluation, modeling, and financial analysis;
• Strong interpersonal skills and demonstrated teamwork skills;
• Adaptable/Flexible: Being open to change in response to new information, different or unexpected circumstances, and/or to work in ambiguous situations.