Bristol-Myers Squibb
Director, Mergers & Acquisitions
This job is now closed
Job Description
- Req#: R1569295
- Demonstrate business acumen while collaborating closely with internal business development search and evaluation (S&E), R&D, Finance, and Commercial stakeholders as well as external advisors
- Facilitate and support the active monitoring and surveillance work on a broad set of M&A target priorities
- Support triage, evaluation and tracking of inbound M&A opportunities working closely with internal S&E and operations teams
- Support deal teams to negotiate, contract, and execute complex deals
- Participate in the successful structuring, negotiation, and execution of M&A transactions with supervision to successful completion
- Participate as needed in BD external partnering events (JPM, BIO, BIO EU, BMS Partnering Days, etc.) and relevant technical/scientific meetings, including preparing materials such as presentations, FAQs, and related documents
- Support the M&A deal process:
- Support project team interactions with functional representatives, including those from third parties (i.e., bankers, lawyers, accountants, buyers, consultants, etc.)
- Support the development, drafting, and execution of project team deliverables and recommendations
- Ensure robustness of the overall M&A process and complete M&As and equity investment under sensitive timelines
- Facilitate the recommendation and development of proposed M&A deal structure and terms, utilizing an in-depth knowledge of industry deal-making trends
- Support and lead the delivery of business assessments and recommendations of external M&A opportunities including deal proposals, valuation, deal status, and key issues of the transaction to BMS governance bodies for endorsement
- Collaborate with a broad range of BMS functions, including coordinating with internal stakeholders/ external counterparts to ensure smooth execution and working with Transaction Legal on contracts
- Provide mentoring and coaching across internal stakeholders
- MBA, JD, Ph.D., or other advanced business degree preferred.
- Minimum 6 years of experience within business development, including at least 4 years in healthcare and/or Life Sciences (Pharma and Biotech ideal) and a minimum of 4 years of relevant M&A deals (e.g., sourcing, managing, negotiating, and executing complex M&A transactions)
- Ability to analyze and understand sales forecasts, P&Ls, risk analyses, and company valuations, strong understanding of discounted cash flow, net present value, internal rates of return, and risk analysis techniques. Able to integrate scientific knowledge into a business model
- Proven ability to manage multiple projects efficiently with some guidance and supervision
- Strong knowledge of pharmaceutical industry issues, trends, scientific innovation, and their business impact and expertise in the M&A process and landscape. Good understanding of the drug development, approval, and commercialization process
- Ability to integrate scientific knowledge into a business model
- Experience in Pharma M&A
- Strong knowledge of pharmaceutical industry issues, trends, and their business impact and expertise in the M&A process and landscape. Good understanding of the drug development, approval, and commercialization process
- Strong analytical, communication, and leadership skills
- Able to communicate effectively with senior management
- Support the M&A team on all aspects of major deals
- Competence in collaborating with Legal on term sheets and contracts
- Ability to influence analysis undertaken by other functions
- Demonstrated negotiation skills
- Consistently delivers on commitments in a timely manner
- Works well with and exerts influence on multi-disciplinary teams. Facilitates candid dialogue and cross-functional collaboration
Working with Us
Challenging. Meaningful. Life-changing. Those aren’t words that are usually associated with a job. But working at Bristol Myers Squibb is anything but usual. Here, uniquely interesting work happens every day, in every department. From optimizing a production line to the latest breakthroughs in cell therapy, this is work that transforms the lives of patients, and the careers of those who do it. You’ll get the chance to grow and thrive through opportunities uncommon in scale and scope, alongside high-achieving teams rich in diversity. Take your career farther than you thought possible.Bristol Myers Squibb recognizes the importance of balance and flexibility in our work environment. We offer a wide variety of competitive benefits, services and programs that provide our employees with the resources to pursue their goals, both at work and in their personal lives. Read more: careers.bms.com/working-with-us .
Position Summary
The Mergers & Acquisitions candidate will possess strong business acumen with experience in the life sciences and biopharmaceutical industry. An understanding of the M&A process in the industry is required as the candidate will support M&A activities. The candidate is required to have strong interpersonal skills and work with multiple internal stakeholders to facilitate highly visible and time-sensitive business development projects. Furthermore, the candidate will provide M&A support in performing the strategic and commercial assessments of M&A opportunities, collaborating with other business units to perform due diligence and valuation, and managing the M&A process in support of BMS strategy and objectives.
Key Responsibilities
Qualifications & Experience
#LI-Hybrid
If you come across a role that intrigues you but doesn’t perfectly line up with your resume, we encourage you to apply anyway. You could be one step away from work that will transform your life and career.
Uniquely Interesting Work, Life-changing Careers
With a single vision as inspiring as “Transforming patients’ lives through science™ ”, every BMS employee plays an integral role in work that goes far beyond ordinary. Each of us is empowered to apply our individual talents and unique perspectives in an inclusive culture, promoting diversity in clinical trials, while our shared values of passion, innovation, urgency, accountability, inclusion and integrity bring out the highest potential of each of our colleagues.On-site Protocol
Physical presence at the BMS worksite or physical presence in the field is a necessary job function of this role, which the Company deems critical to collaboration, innovation, productivity, employee well-being and engagement, and it enhances the Company culture.BMS is dedicated to ensuring that people with disabilities can excel through a transparent recruitment process, reasonable workplace accommodations/adjustments and ongoing support in their roles. Applicants can request a reasonable workplace accommodation/adjustment prior to accepting a job offer. If you require reasonable accommodations/adjustments in completing this application, or in any part of the recruitment process, direct your inquiries to adastaffingsupport@bms.com . Visit careers.bms.com/ eeo -accessibility to access our complete Equal Employment Opportunity statement.
BMS cares about your well-being and the well-being of our staff, customers, patients, and communities. As a result, the Company strongly recommends that all employees be fully vaccinated for Covid-19 and keep up to date with Covid-19 boosters.
BMS will consider for employment qualified applicants with arrest and conviction records, pursuant to applicable laws in your area.
Any data processed in connection with role applications will be treated in accordance with applicable data privacy policies and regulations.
About the company
BMS' primary R&D sites are located in Lawrence, New Jersey, New Brunswick, New Jersey, and Redwood City, California; with other sites in Devens and Cambridge, Massachusetts, East Syracuse, New York, Braine-l'Alleud, Belgium, Tokyo, Japan, Bangalore, In...