Associate, Business Development
About the role
The Associate, Business Development supports inorganic growth activity across GE HealthCare, including mergers and acquisitions, divestitures, equity investments, partnerships/alliances, and licensing transactions. They collaborate with business segment and regional deal teams to execute these transactions and support the transaction process.
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, performing gap analysis to business unit portfolio, and helping define strategic and tactical steps to best position segment for accelerated growth;
- Pairs 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;
- Pairs 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.
Requirements
- 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;
Qualifications
- Healthcare industry experience is preferred;
- 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.
Benefits
GE HealthCare offers a competitive benefits package, including medical, dental, vision, paid time off, a 401(k) plan with employee and company contribution opportunities, life, disability, and accident insurance, and tuition reimbursement. Additional Information GE HealthCare offers a great work environment, professional development, challenging careers, and competitive compensation. GE HealthCare is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law. GE HealthCare will only employ those who are legally authorized to work in the United States for this opening. While GE HealthCare does not currently require U.S. employees to be vaccinated against COVID-19, some GE HealthCare customers have vaccination mandates that may apply to certain GE HealthCare employees. Relocation Assistance Provided: No