Director of Business Development & Acquisitions Analytics and Operations
North Chicago, IL - USA
Job Summary
As part of the Corporate Business and Strategy Office and Business Development & Acquisiton (BD&A) function the Director of Business Development & Acquisitions - Analytics and Operations will act as a driver for the development and execution of our BD strategy. This is a dual mandate role for an individual who can run the engine of a BD&A organization while also building AI-enabled analytics that make the function faster and sharper at dealmaking. The role will work across functions to support development of BD strategy priorities to meet our TA and pipeline goals.
As Director of BD&A Operations the role holder acts as a force multiplier for the VP owning the cadence driving cross functional execution and BD process improvement. This role is responsible for enhancing AbbVies dealmaking capabilities by measurably improving the speed rigor and execution of transactions in addition to tracking performance indicators of deals post-signing to instill a learning culture of continuous improvement.
Core Responsibilities BD&A Analytics
- Lead the design and deployment of AI-enabled analytics capabilities that will drive team efficiency standardization of deal process and rigor including peer analysis deal comparables contract analyses automated screening models and competitive/market intelligence
- Apply AI machine learning and advanced analytics approaches to synthesize market scientific financial competitive and pipeline data into actionable insights for leadership
- Ensure pull through against our TA level BD strategy including prioritization of targets opportunities and capabilities of interest and leading multiple cross-functional External Innovation strategic initiatives
- Support the BD Strategy process and communication of our BD strategy to leadership
- Provide dedicated support when a large deal is active by acting as a bridge and integrator across functions (e.g. R&D Commercial Finance BD and S&E)
- Provide support to BD&A/S&E leads for transactions including background market financial or scientific background
- Deepen and broaden institutional knowledge of therapeutic priorities (mechanisms companies etc.)
Core Responsibilities Director of BD&A Operations
- Own the BD&A operating rhythm: staff meetings leadership meetings annual planning goal-tracking with agendas pre-reads and follow-through
- Drive high-stakes special projects and cross-functional initiatives including TA and BD strategy aligned with BD priorities and pipeline goals
- Act as the connective tissue for key functional partners R&D Finance Legal Corporate Strategy and broader AbbVie functional leadership translating BD&A priorities into coordinated action
- Prepare the VP for executive-level committees and meetings by developing content synthesizing information sharpening deal narratives and anticipating leadership questions
- Assist in triaging and follow-up of in-bound partnering and M&A opportunities from external advisors (investment banks companies etc.)
- Maintain accounting of departmental contact with external parties including investment banks venture capital firms etc. and note required project follow-up items
- Working with respective leadership teams establish strategic planning for BD&A including assessment of departmental capabilities identification of gaps and formulation of plan to address functional and departmental needs
- Communicate and champion the departments vision mission and objectives
- Establish track and synthesize progress against departmental goals
- Develop core department training initiatives and objectives
- Represent and provide expertise on behalf of the function at working groups workstreams initiatives inter and intra departmental committees and meetings
- Drive adoption of AI tools and analytics workflows across the department including training best practices and governance for responsible use
Qualifications :
- Bachelors or equivalent degree required. Advanced degree (PharmD PhD MD MBA) highly preferred.
- Minimum years of experience - 10 with Bachelors 8 with Masters and 6 with PhD with experience driving large cross-functional initiatives / projects
- Strong understanding of the drug development regulatory and commercialization process for evaluation of pharmaceutical opportunities
- Demonstrated ability to leverage AI machine learning automation or advanced analytics to support strategic decision-making business development competitive intelligence or portfolio strategy
- Demonstrated ability to drive large cross-functional teams in a matrixed environment
- Strong communication skills to communicate strategies and recommendations to executive-level audiences
- Strong financial acumen and analytical skills to understand financial evaluations and drive fact based decision making
- Demonstrated ability to lead a team directly strongly preferred
Additional Information :
Applicable only to applicants applying to a position in any location with pay disclosure requirements under state or local law:
The compensation range described below is the range of possible base pay compensation that the Company believes in good faith it will pay for this role at the time of thisposting based on the job grade for this position. Individual compensation paid within this range will depend on many factors including geographic locationand we may ultimately pay more or less than the posted range. This range may be modified in the future.
We offer a comprehensive package of benefits including paid time off (vacation holidays sick) medical/dental/vision insurance and 401(k) to eligible employees.
This job is eligible to participate in our long-term incentive programs.
Note: No amount of pay is considered to be wages or compensation until such amount is earned vested and determinable. The amount and availability of any bonus commissionincentive benefits or any other form of compensation and benefits that are allocable to a particular employee remains in the Companys sole and absolute discretion unless anduntil paid and may be modified at the Companys sole and absolute discretion consistent with applicable law.
AbbVie is an equal opportunity employer and is committed to operating with integrity driving innovation transforming lives and serving our community. Equal Opportunity Employer/Veterans/Disabled.
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No
Employment Type :
Full-time
About Company
AbbVie is a global biopharmaceutical company focused on creating medicines and solutions that put impact first for patients, communities, and our world. We aim to address complex health issues and enhance people's lives through our core therapeutic areas: immunology, oncology, neuro ... View more