Associate Director, Business Operations, Innovation

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profile Job Location:

Somerville, NJ - USA

profile Monthly Salary: $ 99465 - 141804
Posted on: 4 hours ago
Vacancies: 1 Vacancy

Job Summary

Site: Mass General Brigham Incorporated


Mass General Brigham relies on a wide range of professionals including doctors nurses business people tech experts researchers and systems analysts to advance our mission. As a not-for-profit we support patient care research teaching and community service striving to provide exceptional care. We believe that high-performing teams drive groundbreaking medical discoveries and invite all applicants to join us and experience what it means to be part of Mass General Brigham.



Job Summary

The Associate Director of Innovation Business Operations is a leadership role for a candidate with experience in the oversight of complex IP and license portfolios oversight of licensee compliance with financial and diligence obligations and leadership of relationships with industry and academic counterparts. This position is a member of the Innovation management team and is accountable for driving (i) operational initiatives that enhance the Innovation offices business performance and grow revenue through dedicated stewardship of the Innovation deal portfolio and (ii) functional excellence for contract compliance professionals who have primary responsibility for enforcing licensee contract compliance assessing revenue expectations managing agreement lifecycles and ensuring the integrity of agreement data for robust analytics.

The Associate Director applies knowledge of intellectual propertybased asset development deal negotiation and structuring market trends internal reporting and leadership needs and is developing a network of contacts in relevant business areas to engage and influence industry executives academic counterparts and other MGB offices to steward MGBs license portfolio toward high-value commercial outcomes.

Responsible for leading the operational stewardship of a complex intellectual property and licensing portfolio to drive revenue realization compliance and high-value commercial outcomes. Oversees contract lifecycle management licensee performance financial and diligence compliance and portfolio reporting. Partners closely with deal negotiation teams legal counsel finance and department leaders to ensure strong execution of licensing strategy risk management and business performance across the Innovation portfolio.

Essential Functions

Leads and develops the contracts compliance team providing guidance on complex contract enforcement issues and supporting professional growth.
Directs the management of the full license lifecycle.
Oversees license compliance with all contractual development diligence and payment obligations identifying necessary amendments cure actions or breach notices as needed.
Designs and implements process improvements to streamline portfolio management and improve efficiency and data quality.
Manages license audits collaborating with business development leaders and legal counsel to enforce revenue realization and financial accuracy.
Collaborates with business development leaders to review and finalize financial and operational terms in contracts minimizing risk ensuring adherence to standards and maximizing revenue realization.
Prepares and presents portfolio and license performance reporting and forecasting including financial impact compliance metrics and key performance indicators related to portfolio health and revenue to senior leadership.
Builds and maintains relationships with key stakeholders including licensees business development leaders Office of General Counsel finance and department leaders to support Innovation operations and portfolio performance.


Qualifications

Education

  • Bachelors Degree required strongly preferred in a related field: Finance Accounting Legal Business Administration. Relevant advanced degree (e.g. MBA Masters) is a plus.


Licenses and Credentials

  • Relevant professional certification (e.g. CPA) is a plus


Experience

  • 5 - 7 years required 8 years preferred of relevant experience in tech transfer contract management royalty auditing license enforcement or other directly relevant experience required.
  • 3 - 5 years of experience required in a contracts or financial supervisory or leadership role
  • 3 - 5 years of experience with payer contracts and regulatory compliance preferred


Knowledge Skills and Abilities

  • Curious and engaged in contract language intellectual property management deal-making and commercialization in healthcare and life sciences.
  • Strong negotiation skills with the ability to secure favorable results and resolve conflicts.
  • Deep understanding of tech transfer license agreements and contract compliance/enforcement.
  • Highly organized able to manage multiple projects deadlines and stakeholder relationships concurrently.
  • Excellent leadership and team management skills focused on developing talent and providing clear guidance.
  • Ability to analyze financial and performance data prepare reports and communicate insights to senior leadership.
  • Strong collaboration and communication skills with internal teams (legal finance business development operations) and external stakeholders.
  • Proficient in MS Office (advanced Excel) and able to learn new analytics tools quickly.


Additional Job Details (if applicable)


Remote Type

Hybrid


Work Location

399 Revolution Drive


Scheduled Weekly Hours

40


Employee Type

Regular


Work Shift

Day (United States of America)



Pay Range

$99465.60 - $141804.00/Annual


Grade

8


At Mass General Brigham we believe in recognizing and rewarding the unique value each team member brings to our organization. Our approach to determining base pay is comprehensive and any offer extended will take into account your skills relevant experience if applicable education certifications and other essential factors. The base pay information provided offers an estimate based on the minimum job qualifications; however it does not encompass all elements contributing to your total compensation addition to competitive base pay we offer comprehensive benefits career advancement opportunities differentials premiums and bonuses as applicable and recognition programs designed to celebrate your contributions and support your professional growth. We invite you to apply and our Talent Acquisition team will provide an overview of your potential compensation and benefits package.


EEO Statement:

0100 Mass General Brigham Incorporated is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race color religious creed national origin sex age gender identity disability sexual orientation military service genetic information and/or other status protected under law. We will ensure that all individuals with a disability are provided a reasonable accommodation to participate in the job application or interview process to perform essential job functions and to receive other benefits and privileges of employment. To ensure reasonable accommodation for individuals protected by Section 503 of the Rehabilitation Act of 1973 the Vietnam Veterans Readjustment Act of 1974 and Title I of the Americans with Disabilities Act of 1990 applicants who require accommodation in the job application process may contact Human Resources at .


Mass General Brigham Competency Framework

At Mass General Brigham our competency framework defines what effective leadership looks like by specifying which behaviors are most critical for successful performance at each job level. The framework is comprised of ten competencies (half People-Focused half Performance-Focused) and are defined by observable and measurable skills and behaviors that contribute to workplace effectiveness and career success. These competencies are used to evaluate performance make hiring decisions identify development needs mobilize employees across our system and establish a strong talent pipeline.


Required Experience:

Director

Site: Mass General Brigham IncorporatedMass General Brigham relies on a wide range of professionals including doctors nurses business people tech experts researchers and systems analysts to advance our mission. As a not-for-profit we support patient care research teaching and community service striv...
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Patients at Mass General have access to a vast network of physicians, nearly all of whom are Harvard Medical School faculty and many of whom are leaders within their fields.

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