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Intellectual Property Manager
2 months ago
The Yale School of Medicine is seeking a highly skilled Licensing Compliance Manager to join our team. This is a critical role that requires a strong understanding of licensing agreements, contract administration, and intellectual property management.
Key Responsibilities- Evaluate and audit agreements for compliance to contractual obligations, determining the need for amendments or extensions of contracts.
- Coordinate with the Office of Sponsored Projects and the Office of General Counsel on contractual matters, including sponsored research agreements, corporate documentation, and other agreements related to Yale's intellectual property.
- Assist with final review of new licenses and agreements prior to forwarding for execution, troubleshooting inconsistencies in license language and working with licensing professionals to resolve issues.
- Perform analysis of potential licensee companies for Export Control management and restricted party screening using Visual.
- Partner with licensing professionals on past due and upcoming agreement obligations, including payments, milestones, and reports, and agreement termination-related processes.
- Implement processes for reporting requirements to external university offices, including the Office of General Counsel, the Medical School Deans Office, Development, and the Office of Sponsored Research.
- Independently review companies, press releases, company websites, and news articles to determine whether a company has achieved milestone or change of control events and assess the impact on license payments or other obligations to the University.
- Update internal and external-facing product information to reflect changes in company status.
- Implement processes to acquire, verify, and monitor startup company documentation, including Articles of Incorporation, Bylaws, Company Charter, Stockholder's Agreement, Stock Purchase Agreement (if applicable), Cap Table, and amendments to the above contracts prior to execution.
- Oversee the continued collection and review of company documentation.
- Implement processes to acquire, verify, and monitor Yale's equity holding documentation.
- Work with the Business Manager and Investments Office to reconcile Yale's holding.
- Develop collaborative relationships with licensees and communicate the status of licensee obligations.
- Adapt the University's process for invoicing revenue to reflect licensee accounts payable requirements.
- Create receivables to track revenue owed to Yale and to enable appropriate accounting of revenue for the University.
- Invoice licensees for financial and non-financial obligations to the University.
- Ensure that the database accurately reflects all agreements, agreement terms, and licensee compliance with obligations under such terms.
- Perform routine database management to ensure data integrity and accuracy.
- Implement and maintain strong internal controls in areas of assigned responsibility to provide reasonable assurance of effective and appropriate resource use, accurate financial information, and adherence to contractual obligations and agreements, policies, procedures, and external regulatory requirements.
- Coordinate with team members on inventor distribution agreement processes to ensure timely receipt and disbursal of revenues to involved stakeholders.
- Collaborate closely with Yale Ventures team members on budget, revenue forecast, patent reimbursement, and related processes.
- Bachelor's degree and four or more years of relevant experience, or equivalent combination of education and experience.
- Previous demonstrated experience with agreement management, in particular the commercial aspects, including financial invoices and contracting requirements.
- Demonstrated experience working in relational databases and experience transitioning between database systems.
- Proficient in the understanding of contract and patent terminology related to compliance and reporting obligations.
- Ability to work independently and in a team environment to meet tight deadlines.
- Strong interpersonal and collaborative skills with a focus on excellent customer service.
- Establish and maintain positive relationships, communicate and comprehend instructions effectively to/from a diverse group of stakeholders, including the ability to exercise discretion and confidentiality.
- Address and resolve issues in relation to licensing agreements.
- Proven experience with gathering, organizing, and analyzing data with a high level of accuracy and attention to detail.
- Demonstrated experience in contract administration and transactional analysis.
- Demonstrated experience in data analysis tools to monitor compliance and identify trends or issues.
This is an occasional weekend and evening work position.
Background Check RequirementsAll candidates for employment will be subject to pre-employment background screening for this position, which may include motor vehicle, DOT certification, drug testing, and credit checks based on the position description and job requirements.