The primary goal of this position is to assist in the evaluation, analysis and development of new business opportunities for Mayo Clinic, including but not limited to partnerships, joint ventures, new company spin-offs, mergers and acquisitions. In addition, the position may help evaluate the commercial potential of a variety of inventions/discoveries, and then identify, develop and help source new technology commercialization opportunities, in conjunction with technology licensing managers, patent liaisons and attorneys, treasury services, and other ventures-focused staff. Additional skills and responsibilities include contributing to, and furthering individual learning and expertise in: business plan creation, due diligence, market research, marketing plan development, concept analysis, business model development, financial pro-forma development and analysis, legal/regulatory issues assessment, and monitoring product/operating unit performance. Successful candidate will learn and work in alignment with the Mayo Clinic strategic plan, prioritized market opportunities, and competitive activity. As part of departmental teams and/or at leadership direction, the position works with areas throughout Mayo Clinic and the marketplace to identify new business opportunities, including the ability to connect these activities with existing Mayo Clinic operational units. To this end, successful candidate will contribute to the development of a network of industry, entrepreneurial and investor contacts.
The successful candidate must possess an MBA or master’s degree in a related field, and a minimum 2 years’ relevant work experience; or a bachelor’s degree in a related field, and a minimum 5 years’ relevant work experience. Work experience must be in business development, finance, and/or strategy, in the healthcare, medical/biotechnology or financial/venture capital industries. Particular consideration may be given to candidates who have relevant experience in one or more of the following specific areas: work with national or regional consulting firms; international transactions; virtual/remote healthcare delivery and support platforms; laboratory testing and diagnostics; academic medical centers or complex medical practice systems. Must have the demonstrated ability to perform successfully in a business development role, and to successfully partake in required complex inter- and intra-organizational issues and relationships. Must possess excellent verbal and written communication skills with the ability to interact with a variety of different people with diverse backgrounds. Requires strong project management skills, time management skills and the ability to manage several initiatives simultaneously.
Entrepreneurial/intrapreneurial qualities; must possess strong analytical skills, be resourceful, and able to work independently on assigned projects; mergers and acquisition experience; financial modeling and analytical valuation experience; Chartered Financial Analyst preferred (complete or in progress).
Education, experience and tenure may be considered along with internal equity when job offers are extended. The minimum salary every 2 weeks is approx $3416, based on a full-time position.
M-F, day shift. This position will work remotely, with occasional travel required.
Mayo Clinic is located in the heart of downtown Rochester, Minnesota, a vibrant, friendly city that provides a highly livable environment for more than 34,000 Mayo staff and students. The city is consistently ranked among the best places to live in the United States because of its affordable cost of living, healthy lifestyle, excellent school systems and exceptionally high quality of life.
Administration, Business, Finance
Job posting number
Equal opportunity employer
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.