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Senior Manager, Business Development
1 week ago
At Abbott, you can do work that matters, grow, and learn, care for yourself and family, be your true self and live a full life. Youâll also have access to:Â
Career development with an international company where you can grow the career you dream of.Â
Free medical coverage for employees* via the Health Investment Plan (HIP) PPOÂ
An excellent retirement savings plan with high employer contributionÂ
Tuition reimbursement, the Freedom 2 Save student debt program and FreeU education benefit - an affordable and convenient path to getting a bachelorâs degree.Â
A company recognized as a great place to work in dozens of countries around the world and named one of the most admired companies in the world by Fortune. Â
A company that is recognized as one of the best big companies to work for as well as a best place to work for diversity, working mothers, female executives, and scientists. Â
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The Opportunity Â
This position works out of our Alameda, CA location in the Diabetes Care division where we are focused on helping people with diabetes manage their health with life-changing products that provide accurate data to drive better-informed decisions. Weâre revolutionizing the way people monitor their glucose levels with our new sensing technology.Â
As the Senior Manager, Business Development you will be responsible for sourcing and executing new transactions/partnerships (e.g. global partnerships, licensing, investment, acquisition opportunities) which are aligned to our divisionâs strategic goals in addition to alliance management of partnerships once they are signed.
What Youâll Work OnÂ
Initiate and maintain relationships with potential partners in future transactions.
Attend trade shows to gather market intelligence and meet with potential partner companies.
Work with internal stakeholders to identify areas of interest for transactions and to help evaluate potential partners.
Lead cross-functional diligence teams to identify, assess and make recommendations regarding transaction risks and opportunities.
Perform research using secondary sources to analyze opportunities or landscape areas of interest.
Utilize internal or external groups to get feedback on business development strategies.
Prepare presentations for management with overviews, analyses and financials of specific transactions under consideration.
Partner with Corporate Business Development team to provide information to Executive Management and respond to management requests for information or analysis, as necessary.
Contribute to periodic reporting to executive management regarding business development activity.
Help to structure and negotiate deals to provide and protect value for the division.
Work with Finance and cross-functional team to develop financial models with reasonable assumptions.
Manage alliance management functions associated with existing partners, including cross-functional alignment on issues, being the interface between the external and internal stakeholders and maintaining quarterly calls with each global partner.
Required QualificationsÂ
Bachelorâs degree required.Â
Minimum of 8 years relevant business experience with Bachelorâs degree, minimum of 5 years with an advanced degree.Â
Prior experience must include business/corporate development, investment banking or private equity.
Preferred QualificationsÂ
Advanced Degree
Alliance/Partnership management experience
Consulting experience is strongly preferred
Apply NowÂ
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* Participants who complete a short wellness assessment qualify for FREE coverage in our HIP PPO medical plan. Free coverage applies in the next calendar year.Â
Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives:⯠www.abbottbenefits.com Â
Follow your career aspirations to Abbott for diverse opportunities with a company that can help you build your future and live your best life. Abbott is an Equal Opportunity Employer, committed to employee diversity.Â
Connect with us at www.abbott.com, on Facebook at www.facebook.com/Abbott and on Twitter @AbbottNews.Â
The base pay for this position is $144,100.00 â $288,300.00. In specific locations, the pay range may vary from the range posted.
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