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MSD

Director, Global Health Innovation Fund

MSD, Rahway, New Jersey, us, 07065

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Overview

DESCRIPTION: As an integral member of our Company’s Global Health Innovation Fund team, the Director is an entrepreneurial individual who will be expected to perform all aspects of investing in digital health and enabling technologies startups for a corporate venture capital fund. This includes deal sourcing, vetting, diligence, financial modeling, investing, as well as investment management and governance. The Director will work closely with our company’s Human Health organization and report to the Managing Director of GHI for Human Health Enterprise Coverage and will be expected to lead investment activities across the GHI Fund management team with a primary focus of supporting Commercial Operations, Medical Affairs, Health Economics and Outcomes Research and our Company’s Idea Studios (Europe, Asia Pacific).

Responsibilities

Lead Diligence for Venture Capital Investment Opportunities — Maintain awareness of startup companies in areas of interest, lead diligence of potential startups to identify potential investments, develop financial model, and conduct fundamental and technical due diligence.

Lead and Present Venture Capital Investment Cases — Work with GHI Managing Directors in developing a business case, along with financial modeling, and present to the investment committee comprised of Executive Committee and Executive Committee +1 members.

Support our Company’s Idea Studios Teams and Investments — Partner with Idea Studio teams in identifying high potential GHI investments in Europe and Asia Pacific. Lead investment diligence, Idea Studio portfolio company management and activities related to Idea Studio marketing and support.

Portfolio Management — Actively manage investments in portfolio companies. Take Board Director and Board Observer roles as appropriate. Work with portfolio company management teams, boards and investors to ensure company performance.

Competitive Intelligence — Monitor competitor activity and develop business intelligence related to the portfolio, as well as to our Company.

Develop Domain Expertise — Develop deep knowledge in digital health and enabling technologies. Attend industry conferences and events to source deals and identify exit opportunities.

Maintain Knowledge of our Company’s Use Cases — Work closely with GHI Portfolio Development team to understand key use cases across our Company’s business to ensure alignment of new opportunities with strategy as appropriate. Develop rapport and manage processes with senior leaders and their delegates to develop and prioritize use cases.

Position Qualifications

Education

— Bachelor’s degree (Minimum Requirement).

Required Experience and Skills

— Minimum 8 years of work or equivalent experience in healthcare related fields; minimum 5 years domain expertise in venture capital investing or equivalent experience such as Mergers & Acquisitions, business development, or advisory services; strong understanding of pharmaceutical operating processes with emphasis on commercial operations, technologies that support patients and health care professionals, medical affairs and health economics and outcomes research (HEOR); strong knowledge of trends impacting the pharmaceutical industry with respect to enabling technologies, regulation, and reimbursement; strong written and verbal communication skills with excellent presentation skills and executive presence; strong client service approach with consultative, problem-solving skill set operating in a matrixed environment; proficiency with Microsoft Office Suite, especially Excel and PowerPoint.

Preferred Experience and Skills

— Advanced degree preferred (MBA or PhD); experience in venture capital investing with a strong network across the healthcare venture capital ecosystem; experience leading diligence processes for healthcare investments or business development for enabling technologies with ability to orchestrate internal and external resources; experience with product/solution development in Healthcare IT/digital health/enabling technologies; experience with strategic planning and strong financial acumen; strong project and relationship management skills; experience as a board observer or in an operating role in healthcare startups; knowledge of health care markets in Europe and Asia; passion for knowledge, drive for excellence, demonstrated leadership capabilities.

Notes Current Employees apply. Current Contingent Workers apply. U.S. and Puerto Rico Residents Only: Our company is committed to inclusion and provides equal opportunities to all employees and applicants. An Equal Employment Opportunity Employer; we comply with affirmative action requirements for protected veterans and individuals with disabilities. Hybrid work model details apply to eligible roles. Salary range: $187,000.00 – $294,400.00. Eligible for annual bonus and long-term incentives where applicable. Benefits include medical, dental, vision, retirement (401(k)), holidays, vacation, and sick days. Application deadline as posted. Travel requirements: 25%.

EEO and other legal notices are provided as part of our standard hiring process. We are an equal opportunity employer and value diverse experiences and perspectives.

MSD

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