Senior Business Development Associate

JOB TYPE: Full Time, Employee JOB CATEGORY: Accounting/Finance/Insurance CITY: Santa Rosa STATE: CAAbout Medtronic Benefits and Total Rewards It's challenging. It's energizing. It's rewarding. That's why our nearly 38,000 employees have chosen to spend their careers at Medtronic, a global leader in medical technology, providing lifelong solutions for people with chronic disease. Today, every 5 seconds the life of someone somewhere in the world is improved by a Medtronic product or therapy. Join us in our mission to alleviate pain, restore health and extend life, and discover why FORTUNE magazine named us one of the "100 Best Companies to Work For" eight of the last 10 years. Senior Business Development Associate Req. # 62048Position Description The Senior Business Development Associate will serve as the project manager for Coronary and Peripheral Vascular development projects including mergers and acquisitions, strategic alliances, joint ventures, minority investments, technology licenses and divestitures. In this role, the Associate will develop long-range objectives and strategic plans for CardioVascular by identifying internal and external strategic issues that could affect growth and profitability. Scans environment for business opportunities, maintains surveillance over market, and performs financial analysis of acquisition candidates. Develops and monitors profitability, productivity, and growth targets. Prepares acquisition proposals, recommend financial and nonfinancial strategic objectives and alternatives, and implement and maintain strategic and operational plans. Plans and coordinates business reviews, resource allocations, organization structures, and financial analysis. Position Responsibilities The Associate is required to work in close partnership with and manage the efforts of project teams. The project teams generally include personnel from various corporate and/or business unit functional departments including finance, tax, law, human resources and benefits, purchasing and procurement, information technology, quality assurance, and regulatory. The Associate drives the business development activity by performing or directing strategic and market analysis, financial analysis, deal structuring and negotiation, and due diligence coordination. The Associate is responsible for assessing project requirements and managing them to completion, identifying and managing personnel resources, and preparing and presenting proposals and recommendations to executive management. In addition, the Associate at times serves as the primary interface between the third party, Medtronic business unit personnel and management, and Medtronic corporate personnel and management. The Associate is required to manage multiple projects at any one time.  To be successful in this role, the Associate must: *  Adequately assess project requirements and secure necessary personnel and information resources for project team; * Perform strategic and market analysis for proposed transactions, including assessment of business strategic objectives and proposed transaction relationship/fit with those objectives. *  Perform company, market, competitor, and industry research and analysis and prepare profiles. *  Identify and assess opportunities and risks of proposed transactions, including operational and integration synergies and issues. *  Perform detailed financial analysis and develop valuation models for proposed transactions. *  Develop and analyze transaction structure in cooperation with legal personnel. *  Serve as a focal point with third parties, lawyers, investment bankers, and Medtronic business unit and functional resources. *  Actively participate in negotiation process. *  Present proposed transactions to appropriate decision making management groups. *  Manage analysis and due diligence processes including coordination business unit and corporate personnel. *  Partner with business partners to identify strategic needs and potential target companies/technologies. *  Monitor markets, industries and organizations of potential strategic interest. *  Develop broad knowledge of medical technology industry and Medtronic businesses to further develop leadership potential. Basic Qualifications BA and/or other relevant Technical degree; 5+ years of business experience. Strong organizational and prioritization skills with ability to manage several projects simultaneously; ability to perform under pressure and in a very dynamic environment; a high degree of initiative and motivation; strong analytical and valuation skills; strong strategic thinker; confidence and proven ability to work with all levels of management; ability to understand complex, technical product information; knowledge of contracts and contracting process; solid comfort with negotiation process & ability to influence others. Desired/Preferred Qualifications MBA; previous work experience in the medical device industry; good understanding of Coronary and Peripheral marketplace, technologies and product development process preferred.   To Apply: Click Apply Now to route your resume directly to the hiring department. No agencies or phone calls, Please Medtronic is an equal opportunity employer committed to cultural diversity in the workforce. www.medtronic.com/careers   Click here to see other Medtronic opportunities  Email this Job to a Friend