Vice President - Locust Walk

Locust Walk
Job Description: Vice President

Office: Boston MA, must currently reside in the Boston area or be willing to relocate before starting; must have U.S. Citizenship or Visa

Overview:
Locust Walk is a global investment bank that integrates corporate development strategy and execution with capital raising for innovative life science companies of all stages. We partner with founders, executives, and board members through all aspects of corporate development across company, asset, and deal lifecycles. Through our extensive market intelligence interfacing with investors, large pharma, biotechs, and academic leaders, we have a deep understanding of how science and data translates into actionable transactions and business strategy.

A week in the life for this role?
The Vice President plays a lead role in executing the firm’s engagements and actively takes part in the firm’s new business development activities. Our engagements range from licensing, M&A, and financing transactions as well as supporting companies corporate development strategy. The Vice President leads the deal execution with support from Associates and Analysts from beginning to end with senior oversight but little day-to-day supervision. Locust Walk’s new business development activities are essential to furthering our growth, being a part of the team selling new business and conducting due diligence is an important piece of the job. A Vice President will represent the diligence committee on potential client calls, help decide which projects to bring in, prepare thought pieces and leverage their personal and professional relationships in support of Locust Walk’s mission. VPs are expected to build and maintain relationships with pharma companies and investors as part of the firm’s relationship management program.

Key career background and experience for this position?
-Significant experience in biopharma business development and strategy is required
-At least 6 years of relevant work experience, including experience leading teams
-Transaction experience in a biopharma company, particularly in corporate or business development
-Experience from within a top-tier biopharma investment bank and/or strategy consulting firm
-A growing network with a proven ability to develop client relationships

Relevant skills and background required:
-Strong track record of executing strategic transactions (licensing and M&A from a buy-side and/or sell-side perspective) and/or private financings. Deal sheets are required
-Experience overseeing partnership discussions, managing partner/target/acquirer interactions, and overseeing the creation of high-quality PowerPoint management presentations
-At least 2 years of biopharma strategy consulting or investment banking experience
-Strong understanding of financial modelling, including full P&L and DCF models and company and asset valuation
-Effective oral and written communication skills and comfort presenting in front of company management, Board or partners/targets/acquirers
-Aptitude build and maintain relationships with potential clients and deal counterparts
-Proven track record of working with and managing teams
-Masters or terminal degree in science is a plus but not a requirement
-Enjoys fast-paced entrepreneurial environment – proactive and takes ownership to solve the necessary problems to achieve firm and client objectives
-A passion for biotech and transactions

What is our culture?
We look for entrepreneurial, growth-oriented individuals who are committed to the success of others. We have a high-performance culture that rewards creative solutions to daily challenges, as well as a strong work ethic while enjoying the ride. Locust Walk offers a mindful work-life balance within the bounds of what’s required of a transaction-focused professional services firm. While we have always connected in our physical locations, ate lunch together and enjoyed other team activities, we have now created a hybrid environment of in-office three days a week and work from home the other two days. We are open and honest with each other and transparent in our dealings.

Our core values define the expectations we have for working with each other and with our clients.

Commitment to the Success of Others
-Global team-based culture with individual accountability
-No team member is left behind: we are committed to succeeding together for the benefit of both our clients and the company

Open and Courageous Communication
-In the spirit of caring for each other’s success, we commit to being truthful and transparent in our communication and feedback, both to clients and inside the company and we do so with empathy and success
-We commit to thoughtful and rigorous debate and feedback at all levels of the company
-The Locust Walk Leadership Team always strives to be as transparent as possible with the company

Growth Mindset
-We thrive on?challenge and?are life-long learners. We?are not afraid of failure,?yet see it as a springboard?
-Honest bi-directional feedback is important for building trusted, productive relationships
-Feedback should be given as soon as possible after an event or situation occurs rather than waiting for the moment to pass

Entrepreneurial Spirit
-We are self-motivated to succeed and will do whatever it takes for our clients to succeed in an ethical manner
-We will always have a small firm ethos with an entrepreneurial mindset and minimized bureaucracy

Enjoy the Ride
-We care about and for our clients and each other
-We work hard?and?integrate fun into the core of what we do.? We all have unique interests and find common ways of sharing them with each other
-Wins should be celebrated
-It is about the journey, not the destination

How much could someone earn in this role?
-Our firm has a multi-part compensation structure:
-We pay a base salary in line with other transaction focused professional services firms
-Every person at Locust Walk will be eligible to earn a bonus based on exceptional individual and firm performance that encourages both accountability as well as teamwork and helping to grow the overall business
-We offer a great Total Benefits package which includes health, dental, and vision, as well as other great competitive benefits
-We have a flexible vacation policy on top of 9 official company holidays
-We offer a 401k match
-Hybrid work schedule (Tuesday through Thursday in office)

For More Information:
Please apply on www.locustwalk.com or contact recruiting@locustwalk.com to provide a resume, statement of interest and deal sheet.