Job Description Summary
Location: this role can be based in Cambridge MA East Hanover NJ US or Basel Switzerland. If based in Europe please apply via REQ-.Job Description
Key Responsibilities:
Deal strategy and execution
Once an opportunity has been identified and triage is completed by S&E (Search & Evaluation) the Senior Manager M&A Transactions will outline a deal strategy (game plan) including a timeline to signing governance planning gating diligence items bidding strategy and an engagement plan with the target company.
Shape and secure non-binding offer and ultimately binding offer terms in collaboration with M&A Finance DD (Due Diligence) M&A Legal M&A Tax and other relevant line functions within Biomedical Research (BR) Development TAS US and International as needed.
Build and manage high-performing teams on a deal-by-deal basis ensuring appropriate level of seniority and cross-functional representation to enable consistently high-quality decision-making at the Executive Committee Novartis (ECN) and Board of Directors (BoD) level.
Risk and value assessment
In collaboration with DD head launch and govern a VDR (Virtual Data Room) based diligence ensuring target company is disclosing all relevant information and Novartis internal experts are reviewing all relevant information.
Coordinate relevant business case inputs and ensure appropriate review from relevant TAL (Therapy Area Leadership) members and ECN members.
Incorporate findings from diligence into the risk and value assessment and solicit support from third parties in the diligence process as needed to inform the assessment and recommendation.
Review and negotiation of definitive documentation
Primary counterpart to M&A legal to solicit business input on transaction documents.
Soliciting input across functions and ensuring transaction documents secure Novartis interests while balancing risk and reward for the partner.
Governance orchestration
Prepare decision-making framework for ECN DC and BoD ensuring consistent approach to risk and value assessment of an opportunity.
Choreograph compressed / ad-hoc governance calendars to secure approvals in competitive processes and maintain pre-read hygiene.
Integrate PSB R&D LT and Commercial Review session outputs into ECN DC and BoD materials.
Approval-to-closing diligence process
Review of all new information shared by the counterparty or as it relates to the target asset(s) profile from approval until signing and again from signing until closing.
Ensure all new information is adequately reviewed by relevant line functions with escalation to C&BD management and relevant ECN members as appropriate.
Key partner to integration function post-signing to ensure knowledge transfer and strategic value drivers of the deal are prioritized in the integration planning process.
A Senior Manager M&A Transactions is a key contributor to supporting portfolio-shaping transactions ensuring compliance and risk mitigation orchestrating cross-functional execution and enabling organizational readiness for integration or separation.
Essential Requirements:
2 years experience in leading end-to-end M&A deals across a variety of deal types including acquisitions divestments joint ventures licensing and partnerships across multiple geographies.
Thorough understanding of corporate strategy with ability to align deals with enterprise growth objectives and portfolio priorities.
Strong financial background with a solid understanding of financial modelling scenario planning and synergy assessment.
Skilled in identifying and mitigating strategic financial and operational risks.
Understanding of legal frameworks for licensing and acquisition deals and a thorough understanding of antitrust and regulatory processes as it relates to document creation and competition law.
Ability to lead cross-functional teams with influence and drive large multi-disciplinary teams to achieve common objectives and goal.
Ability to work under pressure and tight timelines while maintaining a collaborative spirit and high communication skills.
Education: Bachelors degree required ideally with a business finance or life-science focus. Masters degree or equivalent preferrable.
Commitment to Diversity and Inclusion:
Novartis is committed to building an outstanding inclusive work environment and diverse teams representative of the patients and communities we serve.
Accessibility and Accommodation:
Novartis is committed to working with and providing reasonable accommodation to all individuals. If because of a medical condition or disability you need a reasonable accommodation for any part of the recruitment process or in order to receive more detailed information about the essential functions of a position please send an e-mail to and let us know the nature of your request and your contact information. Please include the job requisition number in your message.
Skills Desired
Alliance Management Business Development Collaboration Creativity Cross-Functional Teams Curiosity Customer Experience Due Diligence Emergency Management Evaluation Law (Legal System) Lifesciences Marketing Strategy Media Campaigns Merchandising Negotiation Skills Prioritization Sales Scouting Search Selling Skills Transactions Waterfall ModelRequired Experience:
Senior Manager
Novartis is a global healthcare company based in Switzerland that provides solutions to the evolving needs of patients worldwide.