Executive Director, Business Development, Strategy & Operations Management:
Merck

BUS002531-en_US
Merck
Whitehouse Station West New Jersey
Pharmaceutical
Description
Requisition ID: BUS002531

Merck & Co., Inc. Kenilworth, N.J., U.S.A. known as Merck in the United States and Canada, is a global health care leader with a diversified portfolio of prescription medicines, vaccines and animal health products. The difference between potential and achievement lies in the spark that fuels innovation and inventiveness; this is the space where Merck has codified its legacy for over a century. Merck’s success is backed by ethical integrity, forward momentum, and an inspiring mission to achieve new milestones in global healthcare.
 

Healthcare Services & Solutions (HSS) builds on Merck’s long-standing tradition of responding to areas of need in human health and is a critical component of Merck’s growth strategy. As a global, wholly-owned subsidiary of Merck but operating independently from our branded pharmaceuticals and vaccines businesses, HSS brings a new level of innovation to Merck’s customers and markets through therapy-neutral and brand-agnostic services and solutions that aim to improve the value of care delivered to patients. Whether it is delivering solutions to address infectious disease in hospital acute care or services that assist in diabetes prevention – HSS complements Merck’s medicines and vaccines to unlock more value to patients, customers and Merck by leveraging existing and new know how and capabilities with a strong bias towards multiple partnerships with diverse healthcare and technology stakeholders. The current organizational model is based on management of multiple separate entities and projects requiring unique abilities to get things done through influence and in a network mode.

This is a unique opportunity for an experienced, proven business development professional with a passion for execution and operational management to join the core HSS team and report directly to the HSS Managing Director. This role is responsible and accountable for all aspects of managing the full-range of business development activities from deal sourcing and diligence, through syndication and negotiation, through post-close deal management. But it also goes beyond a traditional BD role to be the main “go to” person for the HSS managing Director to help get things done in all aspects of HSS from strategy building to actively leading implementation of new projects, from engaging the HSS Executive team members in new initiatives to representing the HSS Managing Director in certain forums.

Responsibilities include and are not limited to the following:

  • Sourcing, diligence, negotiating and closing of new business development opportunities with oversight of all aspects of deal process including term sheet negotiation and definitive document preparation.
  • Facilitation of company engagement with all levels and functional areas of Merck as appropriate to ensure deal management is effectively supported (i.e. finance, legal, etc.)
  • Oversight of all post-deal management and integration as needed with HSS businesses
  • Engage fully in business operations reviews for all HSS businesses to understand opportunities and risks, and provide input on strategic direction and help ensure strategies are aligned with HSS vision / mission
  • Proactively identifies and creates opportunities to drive business results
  • Support HSS Operational Management at HSS Managing Director’s request in various areas from strategy building to active lead / support implementation of new projects or engage all or some of the HSS Executive team members in new initiatives.
  • Participate in ensuring that organization follows policies, business practices, and compliance guidelines
  • Represents HSS and / or the HSS managing Director as needed at internal forum and/or external events and activities to generate/ sustain opportunities.
  • Serve as Board member at HSS entities to help ensure businesses are executing on performance objectives and strategies are aligned with HSS vision / mission.

 
 
Qualifications

 
Education:
  • Required: Bachelors’ degree
  • Preferred: MBA or equivalent relevant financial/business experience

Required Experience:

  • Minimum of (5) years experience and proven ability to independently source, negotiate, close and manage business development deals
  •  Minimum of (10) years experience in Pharma or Healthcare field with demonstrated ability to successfully execute program / project development and implementation
  • Ability to effectively influence without authority and ensure compliance with Merck’s ethics and integrity standards.
  • Strong and demonstrable history of working collegially and constructively with management teams across divisions
  • Travel 30% of the time, primarily within US. Some international travel will be required.

Attributes:

  • Strong leadership and collaboration skills.
  • Strong oral and written communication and presentation skills
  • Build strong relationships with external & internal key stakeholders
  • Proactive Results / action orientation with the ability to manage multiple and diverse projects simultaneously.
  •  Ability to work effectively and collegially in a large, highly-matrixed organization securing support from others when needed.
  • Unwavering commitment to trust-based, ethical business practices.
 
Your role at Merck is integral to helping the world meet new breakthroughs that affect generations to come, and we’re counting on your skills and inventiveness to help make meaningful contributions to global medical advancement. At Merck, we’re inventing for life. 

If you need assistance and/or a reasonable accommodation due to a disability during the application or the recruiting process, please send a request to staffingaadar@merck.com.
  
Search Firm Representatives Please Read Carefully: 
Merck & Co., Inc. is not accepting unsolicited assistance from search firms for this employment opportunity.  Please, no phone calls or emails.  All resumes submitted by search firms to any employee at Merck via email, the Internet or in any form and/or method without a valid written search agreement in place for this position will be deemed the sole property of Merck.  No fee will be paid in the event the candidate is hired by Merck as a result of the referral or through other means.
 
Visa sponsorship is not available for this position.
 
For more information about personal rights under Equal Employment Opportunity, visit:
 
            EEOC Poster
            EEOC GINA Supplement


Job: Business Development
Other Locations:
Employee Status: Regular
Travel: Yes, 25 % of the Time
Number of Openings:
Shift (if applicable):
Hazardous Materials:
Company Trade Name: Merck
Basic Qualifications
Requirement