Senior Manager, Business Development - Vascular Therapies

Additional Location(s): US-MN-Maple Grove; US-MN-Arden Hills

Reporting to the Senior Director of Business Development for the Interventional Oncology & Embolization (IO&E) and Vascular Therapies (VT) businesses, the Senior Manager of VT Business Development will identify and execute acquisitions, investments, distribution deals, partnerships, and other strategic transactions. The role will include significant exposure to all aspects of VT's mergers and acquisitions activities and the division's venture capital portfolio, including the management of existing portfolio companies and strategic prioritization of new potential investments and acquisition targets.

This individual will work with divisional leadership and divisional/corporate functions to characterize new market opportunities, identify and assess target companies, disposition inbound opportunities, conduct due diligence, evaluate potential deal structures and terms, and develop actionable recommendations for the VT division.

At Boston Scientific, we value collaboration and synergy. This role follows a hybrid work model requiring employees to be in our BSC offices at least three days per week. This role will be located in Maple Grove, MN.

Relocation assistance may be available.

Boston Scientific will not offer sponsorship or take over sponsorship of an employment visa for this position at this time.

• Lead assessments of new markets / adjacencies for VT. Manage cross-functional teams consisting of representatives from Marketing, Research, R&D, Clinical, Regulatory, and/or other functions as appropriate. Provide comprehensive report-outs of these projects with clear conclusions and definitive recommendations for next steps.
• Develop and maintain complex market models and deal models for potential partnership / investment / acquisition opportunities (internal and/or external). If formal diligence initiated, work closely with divisional finance team to build valuation scenarios by providing business guidance and coordinating cross-functional inputs into model.
• Engage and coordinate interactions with external companies along with internal subject matter experts and leadership. Provide detailed meeting reports to key parties (including key insights, next steps, etc.) and coordinate next steps internally as appropriate.
• Lead due diligence processes for the business. Coordinate cross-functional teams from throughout company to perform detailed diligence work and report back with comprehensive findings, next steps, and clear recommendations on how to proceed.
• Develop and present pitch decks for division and corporate leadership to justify moving forward with potential partnership / investment / acquisition opportunities.
• Drives continuous improvement through projects to enhance business development process, financial models, and other analyses conducted by the Business Development team.
• In all actions, demonstrates a primary commitment to patient safety and product quality by maintaining compliance to the Quality Policy and all other documented quality processes and procedures.
• Other duties and responsibilities as assigned by management.

• BS or BA degree in applicable field including coursework in Finance, Marketing, and Strategy. MBA preferred.
• 8+ years of related experience with significant time spent in Finance, Marketing, Strategy, and/or Investment Banking in the healthcare domain (medical device experience preferred).
• Demonstrated competency in leading cross-functional projects (direct line management and/or project management).
• Demonstrated experience conducting assessments of sophisticated markets.
• Demonstrated experience with complex financial modeling, including market, revenue, and investment models. Strong Microsoft Excel skills required.
• Demonstrated ability to synthesize complex information / ideas / strategies into a cohesive and succinct business plan.
• Demonstrated ability to create compelling and engaging presentations.
• Excellent communication skills (verbal and written).
• Ability to positively represent BSC with external parties (companies, bankers, VCs, etc.).
• Excellent strategic thinking skills.

Requisition

Minimum Salary: $137700

Maximum Salary: $261600

The anticipated compensation listed above and the value of core and optional employee benefits offered by Boston Scientific (BSC) - see  vary based on actual location of the position and other pertinent factors considered in determining actual compensation for the role. Compensation will be commensurate with demonstrable level of experience and training, pertinent education including licensure and certifications, among other relevant business or organizational needs.

At BSC, it is not typical for an individual to be hired near the bottom or top of the anticipated salary range listed above.

Compensation for non-exempt (hourly), non-sales roles may also include variable compensation from time to time (e.g., any…