Corporate Development Director (Lab Medicine) Mayo Clinic will
expand and grow its medical laboratory business via further
partnerships, equity investments, strategic partnerships, M&A,
and joint ventures. This position is responsible for sourcing,
leading, valuing, negotiating and executing strategically aligned
partnerships that drive mission aligned value for Mayo Clinic in
either incremental cash flow or return on invested capital.
Key Responsibilities include:
Identifying transactions and partnerships that further Mayo’s
strategic priorities in the laboratory and diagnostics space in
coordination with the Vice Chair, Corporate Development and the
Administrator and Medical leadership of Mayo Clinic’s
Execute transactions including process management, structuring,
negotiations, and closing deals.
Create thesis documents, business plans and deal memos.
Advise, drive, and negotiate deal teams
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
Manage cross-functional due diligence teams in partnership with
Mayo subject matter experts with a hands-on, team-oriented
Ensure effective management of post-closing deal terms, hand-off
to integration teams, value tracking and course adjustment as
Provide mentorship, project guidance, and talent development of
Corporate Development’s shared resource pool of analysts,
associates, managers, and senior managers who will be staffed on
Qualifications The successful candidate will possess an MBA or
master’s degree in a related field, and a minimum of 10 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. 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. 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
Education, experience and tenure may be considered along with
internal equity when job offers are extended. The minimum salary
every 2 weeks is approx $6048.80, based on a full-time
M-F, day shift. This is a teleworking position, with
approximately 25% travel required to Mayo Clinic locations and
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
Administration, Business, Finance
Job posting number
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