Director – Corporate Development
Job ID 315927 Date posted 09/13/2023- Phoenix, AZ
- Full Time
- Business Development
Mayo Clinic is top-ranked in more specialties than any other care provider according to U.S. News & World Report. As we work together to put the needs of the patient first, we are also dedicated to our employees, investing in competitive compensation and comprehensive benefit plans – to take care of you and your family, now and in the future. And with continuing education and advancement opportunities at every turn, you can build a long, successful career with Mayo Clinic. You’ll thrive in an environment that supports innovation, is committed to ending racism and supporting diversity, equity and inclusion, and provides the resources you need to succeed.
Responsibilities
Reports to the Chair of Corporate Development, Mayo Clinic Department of Business Development and focuses on the internal and external corporate development needs of the Mayo Clinic enterprise. This position is expected to partner and collaborate with a variety of internal customers including Mayo Clinic senior leadership as well as functional leaders across the organization. This position will own relationships with external business entities and serve as the point person on sourcing, valuing, negotiating, and executing strategic transactions on behalf of Mayo Clinic. It will be expected that the incumbent will lead and manage deals from end to end with minimal supervision, from sourcing to close.
Key Responsibilities include:
- Identifying transactions and partnerships that further Mayo's strategic priorities in coordination with the Chair, Corporate Development, the broader Department of Business Development, and the Administrators and Medical leadership of Mayo Clinic.
- Execute transactions including process management, structuring, negotiations, and closing deals.
- Create thesis documents, business plans and deal memos.
- Advise, drive, and negotiate deal terms.
- Lead team of shared resources Corporate Development staff in development of operating, financial, and deal models.
- Perform due diligence, including financial analysis & risk assessments in support of proposed transactions, on technologies, markets, partners, and ventures.
- Partner closely with Mayo subject matter experts to complete required work and reach investment and transaction recommendations.
- Manage cross-functional due diligence teams in partnership with Mayo subject matter experts with a hands-on, team-oriented approach.
- Ensure effective management of post-closing deal terms, hand-off to integration teams, value tracking and course adjustment as necessary.
- Provide mentorship, project guidance, and talent development of Corporate Development's shared resource pool of associates, senior associates, managers, and senior managers who will be staffed on transactions
Qualifications
The successful candidate will possess an MBA or master's degree in a related field, and a minimum of 8 years' relevant business experience, including demonstrated ability in generating and executing new business ventures, (joint ventures, newcos, spin-offs, equity positions, acquisitions, mergers, etc.), and analyzing and reporting on new business opportunities, especially in healthcare.
A successful corporate development and deal-making track record in smaller, entrepreneurial company situations and/or in a large corporate environment, where business skills and knowledge, (including relevant strategic, financial, marketing and operational expertise) have been gained is required. Strong candidates will be comfortable executing cross-border and international transactions based on a proven track record and/or deal sheet.
Other required skills include creativity, excellent communication (written and oral) skills, strong financial analysis, and strategic and innovative thinking capabilities. Must have ability and confidence to effectively function independently, be a self-starter, and be a team player within a collaborative, consensus-driven organization. Must have successfully led direct reports or project team members in previous positions. Must have ability to effectively present to internal and external groups at a high level representing the leadership of the organization. Some domestic and/or international travel required.
Strong business transactional, partnering, B2B collaboration, start-up, equity positioning, and/or merger and acquisition experience highly desirable. Candidates may be asked to provide a deal sheet or other demonstration of successful experience.
Exemption Status
Exempt
Compensation Detail
$181,500 - $272,251 / year
Benefits Eligible
Yes
Schedule
Full Time
Hours/Pay Period
80
Schedule Details
Monday - Friday, Normal Business Hours Business needs require employees to live within a reasonable driving distance of campus. This vacancy is not eligible for sponsorship/ we will not sponsor or transfer visas for this position.
Weekend Schedule
Not Applicable
International Assignment
No
Site Description
As an Affirmative Action and Equal Opportunity Employer Mayo Clinic is committed to creating an inclusive environment that values the diversity of its employees and does not discriminate against any employee or candidate. Women, minorities, veterans, people from the LGBTQ communities and people with disabilities are strongly encouraged to apply to join our teams. Reasonable accommodations to access job openings or to apply for a job are available.
Recruiter
Julie Melton
Join our talent community.
Join our global talent community to receive alerts when new life-changing opportunities become available.
-
About Us
If you want to know what it's really like at Mayo Clinic, just ask. You'll find that our pride–in where we work, and in what we do–is a common trait. You will also find a lot of inspiring stories about lives changed for the better.
-
Rochester Hiring Event
Together we transform. Matching people with life-changing careers to provide unmatched patient care. Join us on Wednesday, September 27 for a Mayo Clinic hiring event. Attendees will have the opportunity to explore career paths in a variety of fields, interview with hiring managers and receive on the spot job offers.
-
Benefits
As your career evolves, our compensation and benefits packages are designed to change with you — meeting needs now, and anticipating what comes next. We know that when Mayo Clinic takes care of you, you can take better care of our patients.
Equal opportunity
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, gender identity, sexual orientation, national origin, protected veteran status, or disability status. Learn more about "EEO is the Law." Mayo Clinic participates in E-Verify and may provide the Social Security Administration and, if necessary, the Department of Homeland Security with information from each new employee's Form I-9 to confirm work authorization.
Reasonable accommodations
Mayo Clinic provides reasonable accommodations to individuals with disabilities to increase opportunities and eliminate barriers to employment. If you need a reasonable accommodation in the application process; to access job postings, to apply for a job, for a job interview, for pre-employment testing, or with the onboarding process, please contact HR Connect at 507-266-0440 or 888-266-0440.
Job offers
Job offers are contingent upon successful completion of a post offer placement assessment including a urine drug screen, immunization review and tuberculin (TB) skin testing, if applicable.
Advertising
Mayo Clinic is a not-for-profit organization and proceeds from Web advertising help support our mission. Mayo Clinic does not endorse any of the third party products and services advertised.
Advertising and sponsorship policy | Advertising and sponsorship opportunities
Reprint permissions
A single copy of these materials may be reprinted for noncommercial personal use only. "Mayo," "Mayo Clinic," "MayoClinic.org," "Mayo Clinic Healthy Living," and the triple-shield Mayo Clinic logo are trademarks of Mayo Foundation for Medical Education and Research.
Any use of this site constitutes your agreement to the Terms and Conditions and Privacy Policy linked below.
Terms and Conditions | Privacy Policy | Notice of Privacy Practices | Notice of Nondiscrimination
© 1998-2023 Mayo Foundation for Medical Education and Research (MFMER). All rights reserved.