Director, Global Commercial Strategy, BD
Position Summary
The Director of Global Commercial Strategy, BD reporting to the VP, Head of BD will provide commercial input into Business Development opportunities (collaborations, partnerships, licensing, and acquisitions) and help lead efforts towards BD solid tumor strategies. The candidate must be able to operate in a fast-paced organization, with high expectations and accountability on quality of deliverables. The candidate will also need to work in a cross-function matrix with other key stakeholders such as Discovery, Drug Development, Medical, Commercial, BD, Search & Evaluations, Transaction teams.
Key Responsibilities
- Collaborate with internal search and evaluation, research, development, and financial leaders on assessments of external assets that are candidates for BD transactions such as M&A, licensing
- Lead commercial due diligence tailored to stage of development and size of transactions. Assessments include but not limited to sizing the market potential, prioritizing business opportunities, building competitive landscapes, creating target opportunity profile, and forecasting
- Partner with Global Commercial Tumor Strategy leads to identify portfolio gaps and minimum thresholds for portfolio additions
- Guide internal forecasting and competitive intelligence teams to provide inputs for valuation and competitive landscape assessments
Key Qualifications & Experience
- BS/BA or equivalent required; an MBA or other advanced degree preferred
- Minimum 8 years of corporate / business unit strategy or global marketing experience in pharmaceutical / biotech industry (either directly within a pharma company or via work at top-tier consulting firm)
- Experience in Oncology and partnering with Global Drug Development/Research & Early Development preferred
- Strong ability to understand and engage in scientific and clinical data communication effectively
- Strong problem solving and analytical skills enabling effective structuring of business problems and development of strategic disease and franchise recommendations; development of market/asset forecasts and market sizing
- Demonstrated success in mobilizing cross-functional matrix teams to drive optimal business results
- Proven ability to develop executive-ready presentations coupled with strong interpersonal and verbal communication skills
- Well organized with a proven ability to build out a practical workplan, prioritize work with autonomy, balance multiple major strategic initiatives simultaneously and drive results with speed
- Personal integrity; passionate, energetic and focused on the company and mission
- Listens/considers alternative ideas, viewpoints and encourages debate on others' ideas
- Capacity to grow, develop and learn from experiences
- Excellent interpersonal and communication skills
Pay
Princeton - NJ - US: $202,030 - $244,810. The starting compensation range is for a full-time employee (FTE) basis. Additional incentive cash and stock opportunities (based on eligibility) may be available. The starting pay rate takes into account characteristics of the job, such as required skills, where the job is performed, the employee's work schedule, job-related knowledge, and experience. Final individual compensation will be decided based on demonstrated experience.
Benefits
- Health Coverage: Medical, pharmacy, dental, and vision care
- Wellbeing Support: Programs such as BMS Well-Being Account, BMS Living Life Better, and Employee Assistance Programs (EAP)
- Financial Well-being and Protection: 401(k) plan, short- and long-term disability, life insurance, accident insurance, supplemental health insurance, business travel protection, personal liability protection, identity theft benefit, legal support, and survivor support
- Paid Time Off (US Exempt Employees): Flexible time off (unlimited, with manager approval), 11 paid national holidays (not applicable to employees in Phoenix, AZ, Puerto Rico or Rayzebio employees)
- Paid Time Off (Phoenix, AZ, Puerto Rico and Rayzebio Exempt, Non-Exempt, Hourly Employees): 160 hours annual paid vacation for new hires with manager approval, 11 national holidays, and 3 optional holidays
- Based on eligibility, additional time off may include unlimited paid sick time, up to 2 paid volunteer days per year, summer hours flexibility, leaves of absence for medical, personal, parental, caregiver, bereavement, and military needs
- Annual Global Shutdown between Christmas and New Years Day (all global full-time and part-time employees actively employed at and paid directly by BMS at the end of the calendar year are eligible)