Additional Location(s): The preference is for Marlborough, MA but will entertain remote

Diversity - Innovation - Caring - Global Collaboration - Winning Spirit - High Performance

At Boston Scientific, we’ll give you the opportunity to harness all that’s within you by working in teams of diverse and high-performing employees, tackling some of the most important health industry challenges. With access to the latest tools, information and training, we’ll help you in advancing your skills and career. Here, you’ll be supported in progressing – whatever your ambitions.

ABOUT THE ROLE

BSC Ventures was established in 2012 and is dedicated to making strategic venture capital investments in emerging medical technology companies. As of July 2023, Boston Scientific’s venture portfolio comprised over 35 active investments and totaled over $1B of invested capital. Individual investments range from less than $1M to over $50M. Each investment structure is tailored to the situation and BSC’s strategic objectives.

Reporting to the Vice President, Venture Capital & Business Development, this role is responsible for establishing strategic investment priorities, identifying and executing new VC investments, and managing investments in portfolio companies. This person will be highly visible with external partners and work closely with a broad network of people within BSC including senior management, Business Development, Legal, Accounting, and other functions.

KEY RESPONSIBILITIES

• Managing BSC portfolio investments, including board representation, ensuring progress against programmatic and financial benchmarks, and exit event analysis and execution.
• Sourcing and evaluating new investments, including meeting with founders and potential co-investors.
• Assessing new products and markets and turning insights into investment recommendations.
• Working with relevant internal functions, including legal, regulatory, and finance, as needed and presenting diligence findings and recommendations to senior management.
• Leading the negotiation of terms for investments including financial terms and strategic rights.
• Developing and delivering presentations for division and corporate leadership to justify moving forward with new and follow-on investment opportunities. Formulating and challenging current views on markets, sectors and technologies of portfolio companies through ongoing research and Board observation.
• In all actions, demonstrate a primary commitment to patient safety and product quality by maintaining compliance to the Quality Policy and all other documented quality processes and procedures.

PROFESSIONAL EXPERIENCE/QUALIFICATIONS

The successful candidate will have experience in medtech VC investing and will be well versed in the start-up medical technology environment. The ideal background will include 10-15 years of relevant life science experience in venture investing and may also bring a combination of experience in M&A, Investment Banking, Business Development, Consulting or Medicine.

This person will have proven experience in the fundamentals of investment management including targeting, conducting extensive diligence and in recommending and investing in similarly profiled companies to the BSC company portfolio. The successful candidate will bring prior experience in externally interfacing with Founders, Entrepreneurs, Venture Industry executives, Lawyers, Bankers and Consultants. Ideally, this person will have managed investments for multiple years, assumed prior Board of Director roles in previous portfolio companies, and be networked with exposure to the multitude of private investment opportunities available for the targeted start-up medical technology entities.

In addition, the following personal qualities and characteristics will be important:

• Verbal, written communication and presentation skills, coupled with the presence and self-confidence to interface with the key constituents including Senior Management, Investment Committee members, Board of Directors, management teams of companies, deal sources, service providers and others.
• An organized and motivated self-starter with the capacity to work individually and as part of a team effort. Additionally, this person will be able to work with flexibility, efficiency, enthusiasm and diplomacy and have demonstrated the ability to develop less senior investment team members, lead by example and influence to encourage collaboration across functions, levels, and groups to achieve shared objectives.
• Personality, mindset (flexible thinker, adaptable to new ideas, focused and persistent) and an investment approach that fits well with entrepreneur/founder-driven start-up companies.
• A strong business orientation combined with unquestionable integrity, dependability, ethics and financial skills. This person must have a penchant for delivering the highest quality output with a strong sense of urgency and results orientation to a variety of constituencies including shareholders, strategic partners, the Board of Directors, and Company management and employees.
• Strong problem-solving and creative skills and the ability to exercise sound judgment and make decisions based on accurate and timely analyses.
• Self-awareness, maturity and irreproachable integrity.

#LI-Hybrid

Requisition ID: 568351

As a leader in medical science for more than 40 years, we are committed to solving the challenges that matter most – united by a deep caring for human life. Our mission to advance science for life is about transforming lives through innovative medical solutions that improve patient lives, create value for our customers, and support our employees and the communities in which we operate. Now more than ever, we have a responsibility to apply those values to everything we do – as a global business and as a global corporate citizen.

So, choosing a career with Boston Scientific (NYSE: BSX) isn’t just business, it’s personal. And if you’re a natural problem-solver with the imagination, determination, and spirit to make a meaningful difference to people worldwide, we encourage you to apply and look forward to connecting with you!

At Boston Scientific, we recognize that nurturing a diverse and inclusive workplace helps us be more innovative and it is important in our work of advancing science for life and improving patient health. That is why we stand for inclusion, equality, and opportunity for all. By embracing the richness of our unique backgrounds and perspectives, we create a better, more rewarding place for our employees to work and reflect the patients, customers, and communities we serve. Boston Scientific is proud to be an equal opportunity and affirmative action employer.

Boston Scientific maintains a drug-free workplace. Pursuant to Va. Code § 2.2-4312 (2000), Boston Scientific is providing notification that the unlawful manufacture, sale, distribution, dispensation, possession, or use of a controlled substance or marijuana is prohibited in the workplace and that violations will result in disciplinary action up to and including termination.

Please be advised that certain US based positions, including without limitation field sales and service positions that call on hospitals and/or health care centers, require acceptable proof of COVID-19 vaccination status. Candidates will be notified during the interview and selection process if the role(s) for which they have applied require proof of vaccination as a condition of employment. Boston Scientific continues to evaluate its policies and protocols regarding the COVID-19 vaccine and will comply with all applicable state and federal law and healthcare credentialing requirements. As employees of the Company, you will be expected to meet the ongoing requirements for your roles, including any new requirements, should the Company’s policies or protocols change with regard to COVID-19 vaccination.