What are the responsibilities and job description for the Business Development Specialist position at MD Anderson Cancer Center?
The Strategic Industry Ventures (SIV) group at MD Anderson Cancer Center is primarily responsible for conceiving, drafting, negotiating, executing and operationalizing a wide range of value-creating relationships with leaders in the biomedical / oncology industry. The end goal of these activities is to enhance existing intellectual property (IP) and / or develop new technologies and therapies which lead to better outcomes for cancer patients. This goal is accomplished through the execution of various agreements between MD Anderson and outside parties.
The primary purpose of this SIV Business Development Specialist (BDS) position is to support and contribute to the continued success of the SIV team and function. By actively participating in a variety of industry-touching projects and programs, the BDS will assist other BD professionals toward the goal of executing value-creating transactions for MD Anderson Cancer Center and for the benefit of patients.
KEY FUNCTIONS
Work closely with SIV team members to assist in the advancement of various collaboration, co-development, license, option and clinical trial alliance agreements and relationships (i.e. commercialization transactions or "deals").
Conduct landscape analyses, market research, and due diligence in support of deal generation, structure, and financial justification.
Assist in outreach and marketing activities both internally at MDACC and externally to biomedical industry companies.
Remain current on industry news, such as mergers, acquisitions, major transactions, pipeline development, funding status, trends, regulatory guidelines, and key technologies.
Assist in deal design and term sheet creation.
Assist in the review and advancement of various commercialization and supporting agreements.
Help with the collection and organization of deal-related documents, including working closely with internal stakeholders to help prepare proposals, pitch decks, data rooms, etc.
Develop and maintain internal and external relationships on behalf of SIV.
Communicate SIV mission and represent the group in a polished, professional manner.
Help with educational activities both virtually and in person as needed.
Responsible for special one-off projects as assigned.
Must be able to work independently with moderate supervision, exhibiting solid decision-making skills and judgement.
Must exercise the utmost discretion in handling confidential and sensitive information.
Must be able to handle multiple priorities simultaneously.
Other duties as assigned.
CORE COMPETENCIES
Emotional Intelligence
Broad learning agility
Team with others :
Initiate, develop, and manage healthy relationships and networks within the group and across MD Anderson.
Encourage collaboration and input from all team members.
Value the contributions of all team members.
Balance individual and team goals.
contribute in a meaningful way to transactions while developing deeper business development skills.
Oral and written communication :
Strong written and verbal skills.
Express ideas clearly and concisely in groups and one-to-one conversations.
Support transparency and open channels of communication.
Able to explain difficult topics and educate others across MDACC.
Comfortable interacting with various levels of authority.
Active listener.
Self-motivation :
Work in situations involving uncertainty, shifting priorities and rapid change.
Deal constructively with setbacks.
Demonstrate flexibility.
Naturally curious and creative.
Computer skills and proficiencies :
Solid experience with Word, Excel, PowerPoint, Outlook, Zoom, Teams.
Ability to create polished, professional presentations to be shared both internally and externally.
Comfortable interacting with various databases.
Thoroughness
Strong attention to details yet comfortable with helping formulate creative outcomes.
WORKING CONDITIONS
This position will primarily be a remote position with minimal time working at the on-campus office. This position requires :
Category
Meeting certain deadlines
Working in Office Environment
Hybrid
Working in Patient Care Unit (e.g. Nursing unit; outpatient clinic)
Exposure to human / animal blood, body fluids, or tissues
Exposure to harmful chemicals
Exposure to radiation
PHYSICAL DEMANDS
Time required to do each of the following physical demands :
Time Spent
Never
Occasionally
1-33%
Frequently
34-66%
Continuously
67-100%
Standing
Walking
Sitting
Reaching
Lifting / Carrying
Up to 10 lbs
10lbs to 50 lbs
More than 50 lbs
Pushing / Pulling
Up to 10 lbs
10lbs to 50 lbs
More than 50 lbs
Computer / keyboard skills
COGNITIVE DEMANDS
Appropriate Behavior
Attention to detail
Comprehending
Following Instructions
Giving and Receiving Constructive Feedback
Interpersonal Skills
Mathematical Skills / Reasoning
Multitasking
Oral Communication
Reading Skills / Comprehension
Working Alone
Written Communication
EDUCATION :
Required : Master's degree
Preferred : Master's degree in Business Administration, Public Health, Healthcare Administration, or a related field.
EXPERIENCE :
Required : Two years of project management experience in a related field.
Preferred : Project management experience in a business setting in a medical or technical environment.
It is the policy of The University of Texas MD Anderson Cancer Center to provide equal employment opportunity without regard to race, color, religion, age, national origin, sex, gender, sexual orientation, gender identity / expression, disability, protected veteran status, genetic information, or any other basis protected by institutional policy or by federal, state or local laws unless such distinction is required by law.
Additional Information
Requisition ID : 172814
Employment Status : Full-Time
Employee Status : Regular
Work Week : Days
Minimum Salary : US Dollar (USD) 75,000
Midpoint Salary : US Dollar (USD) 94,000
Maximum Salary : US Dollar (USD) 113,000
FLSA : exempt and not eligible for overtime pay
Fund Type : Hard
Work Location : Hybrid Onsite / Remote
Pivotal Position : No
Referral Bonus Available? : Yes
Relocation Assistance Available? : Yes
Science Jobs : No
LI-Hybrid
