Manager, Innovation & Business Development - Hospital for Special Surgery
New York, NY 10021
About the Job
Overview
How you move is why we’re here. ®
Now more than ever.
Get back to what you need and love to do.
The possibilities are endless...
Now more than ever, our guiding principles are helping us in our search for exceptional talent - candidates who align with our unique workplace culture and who want to maximize
the abundant opportunities for growth and success.
If this describes you, then let’s talk!
HSS is consistently among the top-ranked hospitals for orthopedics and rheumatology by U.S. News & World Report. As a recipient of the Magnet Award for Nursing Excellence, HSS was the first hospital in New York City to receive the distinguished designation. Whether you are early in your career or an expert in your field, you will find HSS an innovative, supportive and inclusive environment.
Working with colleagues who love what they do and are deeply committed to our Mission, you too can be part of our transformation across the enterprise.
Manager, Innovation & Business Development
Full-Time
Hybrid
Based in NYC
Overview:
The Innovation & Business Development team at HSS drives commercial opportunities that support the enterprise’s diversified growth objectives through a growing portfolio of novel technologies and care delivery models that advance the field of musculoskeletal health. The portfolio consists of a variety of licenses, collaborations, spin-outs, and venture investments that help bring novel medical device, life sciences, care delivery, and digital health solutions to market. The Innovation & Business Development team also supports a range of discoveries and inventions made by HSS inventors (researchers, engineers, clinical staff, operations staff) as well as outside technologies that leverage HSS’s breadth of expertise.
The Manager, Innovation & Business Development will work under the direction of the Managing Director, Portfolio Management & Investments at Hospital for Special Surgery (HSS). The successful candidate will identify, assess, pursue, and execute new collaboration and investment opportunities across the enterprise’s innovation and business development priorities.
Key Responsibilities:
- Independently formulate comprehensive business plans and supporting financial analyses to inform recommendations and drive new business development opportunities towards execution.
- Perform market assessments, diligence, benchmarking, and assessment of key business terms to inform negotiations and term sheet development.
- Manage a pipeline of licensing, collaboration and investment opportunities at varying stages of development, driving each to key decision points and towards execution.
- Develop communications for internal stakeholders and external audiences in partnership with colleagues across Innovation and Marketing/Communications.
- Provide mentorship and support to junior colleagues and interns and serve as a resource to cross-functional colleagues.
Qualifications:
Skills and Experience – Required
- Masters degree with 3+ years of experience or Bachelors degree plus 5+ years of experience in investment banking, corporate development, business development / partnerships, private equity, venture capital, or related disciplines
- Demonstrated interest in healthcare
- Familiarity across the transaction lifecycle from sourcing through assessment, approvals, and execution
- Strong market research and financial analysis skills, including financial modeling in Excel, as well as analysis of current and prospective portfolio companies’ financial statements
- A detail-oriented, analytical, and highly organized individual who can support across a large and diverse range of tasks in a fast-paced environment
- Strong communication and interpersonal skills
- Ability to foster and maintain a positive team-oriented environment and cooperative working relationships with faculty, staff, and other institutional stakeholders
- Demonstrates initiative, diligence, preparedness, and independent judgment
- Ability to deal with complex problems, collect and analyze data, establish facts, draw informed conclusions and implement solutions
Skills and Experience – Preferred
- Familiarity with collaborations, strategic partnerships, and venture investing
- Experience working in or with the startup ecosystem or with new business units
- Familiarity across healthcare sectors (services, medical devices, life sciences, health IT / digital health)