What are the responsibilities and job description for the Business Development Associate - Office of Technology Management position at Washington University in St Louis?
Scheduled Hours
37.5Position Summary
Responsible for managing a portion of the university’s intellectual property portfolio with the mission of transferring it to commercial companies for the benefit of society. Responsible for handling license agreements, a portfolio of IP from a diverse set of faculty, and training and mentoring of trainees. The BDA will be expected to manage special initiatives for the benefit of the department. The BDA job is a mid-level licensing position for the department.Job Description
Primary Duties & Responsibilities:
- Complete Technology Assessment and Commercial/Patent Reassessment on assigned invention disclosure within established departmental time frames. This assessment should include an evaluation of patentability and commercial opportunity.
- Recommend appropriate IP protection (patent or copyright) and patent conversions.
- Work with legal counsel to protect intellectual property either through patenting or other proper tactics for assigned portfolio.
- Work directly with department patent coordinator and internal legal counsel (OGC) on patent costs and filing tactics with outside patent law firms.
- Develop marketing materials and website information on IP-protected cases.
- Market IP and establish contacts with potential licensees.
- Manage IP portfolio and decisions on future license potential.
- Negotiate key terms and execute license agreement with licensee.
- Manage a portfolio of existing licenses with respect to technology development, milestones and non-financial terms of the licensees.
- Train and mentor Licensing Trainee.
- Manage special initiatives as identified by department.
Working Conditions:
Job Location/Working Conditions
Normal office environment
Physical Effort
Typically sitting at a desk or table
Equipment
Office equipment
Required Qualifications
Education:
Master's degree
Certifications:
Work Experience:
Skills:
Driver's License:
More About This Job
WashU seeks highly motivated individuals who are able to perform duties in a manner consistent with our core mission and guiding principles.Preferred Qualifications
Education:
M.B.A. - Master of Business Administration, Ph.D. - Doctor of Philosophy
Certifications:
Work Experience:
Skills:
Business Transactions, Communication, Contract Negotiations, Customer Service, Decision Making, Emerging Technologies, Intellectual Property Portfolio Management, IT Portfolio Management, Private Companies, Technology Transfer ManagementGrade
G15Salary Range
$84,200.00 - $148,500.00 / Annually The salary range reflects base salaries paid for positions in a given job grade across the University. Individual rates within the range will be determined by factors including one's qualifications and performance, equity with others in the department, market rates for positions within the same grade and department budget.Questions
For frequently asked questions about the application process, please refer to our External Applicant FAQ.
Accommodation
If you are unable to use our online application system and would like an accommodation, please email CandidateQuestions@wustl.edu or call the dedicated accommodation inquiry number at 314-935-1149 and leave a voicemail with the nature of your request.
All qualified individuals must be able to perform the essential functions of the position satisfactorily and, if requested, reasonable accommodations will be made to enable employees with disabilities to perform the essential functions of their job, absent undue hardship.Pre-Employment Screening
All external candidates receiving an offer for employment will be required to submit to pre-employment screening for this position. The screenings will include criminal background check and, as applicable for the position, other background checks, drug screen, an employment and education or licensure/certification verification, physical examination, certain vaccinations and/or governmental registry checks. All offers are contingent upon successful completion of required screening.Benefits Statement
Personal
Up to 22 days of vacation, 10 recognized holidays, and sick time.
Competitive health insurance packages with priority appointments and lower copays/coinsurance.
Take advantage of our free Metro transit U-Pass for eligible employees.
WashU provides eligible employees with a defined contribution (403(b)) Retirement Savings Plan, which combines employee contributions and university contributions starting at 7%.
Wellness
Wellness challenges, annual health screenings, mental health resources, mindfulness programs and courses, employee assistance program (EAP), financial resources, access to dietitians, and more!
Family
We offer 4 weeks of caregiver leave to bond with your new child. Family care resources are also available for your continued childcare needs. Need adult care? We’ve got you covered.
WashU covers the cost of tuition for you and your family, including dependent undergraduate-level college tuition up to 100% at WashU and 40% elsewhere after seven years with us.
For policies, detailed benefits, and eligibility, please visit: https://hr.wustl.edu/benefits/
EEO/AA Statement
Washington University in St. Louis is committed to the principles and practices of equal employment opportunity and especially encourages applications by those from underrepresented groups. It is the University’s policy to provide equal opportunity and access to persons in all job titles without regard to race, ethnicity, color, national origin, age, religion, sex, sexual orientation, gender identity or expression, disability, protected veteran status, or genetic information.Diversity Statement
Washington University is dedicated to building a diverse community of individuals who are committed to contributing to an inclusive environment – fostering respect for all and welcoming individuals from diverse backgrounds, experiences and perspectives. Individuals with a commitment to these values are encouraged to apply.Salary : $84,200 - $148,500