Associate, Business Development

Job Description SummaryThe Associate, Business Development plays a critical role in supporting inorganic growth activity across GE HealthCare, including in identifying and executing mergers and acquisitions, divestitures, equity investments, partnerships / alliances, and licensing transactions. Associates support or lead various phases of the transaction process, including market analyses, development and evaluation of inorganic strategies, drafting investment theses, target identification and screening, valuation modelling, due diligence, negotiation, and closing.

Job Description

Essential Duties

• Collaborates with business segment and regional deal teams in identifying and executing on all Business Development transactions, including mergers and acquisitions, divestitures, equity investments, partnerships / alliances, and licensing;
• Supports and/or leads various phases of the transaction process, including market analyses, development and evaluation of inorganic strategies, drafting investment theses, target identification and screening, valuation modelling, due diligence, negotiation, and closing;
• Collaborates with assigned segment, function, and regional teams, performs gap analysis to business unit portfolio, and helps define strategic and tactical steps to best position segment for accelerated growth;
• Partners with Business Development leadership to manage communication and alignment with key internal stakeholders to support effective decision making and transaction approval processes;
• Facilitates smooth transition of responsibilities and knowledge to business and functional leadership responsible for ongoing operations post- close;
• Analyzes customer needs, marketplace dynamics, industry trends, and the competitive landscape and seeks to understand the impact of business activities and decisions on the external environment;
• Partners with investment bankers, consultants, lawyers, and other third parties in transaction processes; and
• Owns key tools, process, and standard work for the Business Development team and leads initiatives to constantly improve the use and functionality of these tools and templates.

Required Qualifications

• Bachelor's Degree in Finance, Economics, Business Administration, Accounting, or a technical field;
• Minimum two years of relevant experience in corporate development, investment banking, finance, strategy consulting, or related field;
• Demonstrated quantitative analytical skills and experience with financial modeling and M&A;
• Strong interpersonal skills and demonstrated teamwork skills;
• Ability to understand business unit goals and identify inorganic opportunities to achieve those goals;
• Experience and demonstrated aptitude both managing and prioritizing multiple projects; and
• Accepting and adhering to high ethical, moral, and personal values in decisions, communications, actions, and when working with others.

Preferred Qualifications

• Healthcare industry experience;
• Experience with mergers and acquisitions, investments, or venture capital processes;
• Ability to work collaboratively within a matrixed organizational environment and to interact with executives at the most senior levels; and
• Adaptable/Flexible: Being open to change in response to new information, different or unexpected circumstances, and/or to work in ambiguous situations.

We will not sponsor individuals for employment visas, now or in the future, for this job opening. For U.S. based positions only, the pay range for this position is $88,000.00-$132,000.00 Annual. It is not typical for an individual to be hired at or near the top of the pay range and compensation decisions are dependent on the facts and circumstances of each case. The specific compensation offered to a candidate may be influenced by a variety of factors including skills, qualifications, experience and location. In addition, this position may also be eligible to earn performance based incentive compensation, which may include cash bonus(es) and/or long term incentives (LTI). GE HealthCare offers a competitive benefits package, including not but limited to medical, dental, vision, paid time off, a 401(k) plan with employee and company contribution opportunities, life, disability, and accident insurance, and tuition reimbursement.

Additional Information

While GE HealthCare does not currently require U.S. employees to be vaccinated against COVID-19, some GE HealthCare customers have vaccination mandates that may apply to certain GE HealthCare employees.