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Job Details

Associate Director Strategic Options amp Assessment

Company name
Bristol-Myers Squibb Company

Location
Princeton, NJ, United States

Employment Type
Full-Time

Industry
Manager, Biotech, Pharmaceutical

Posted on
Apr 09, 2020

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Profile

Bristol-Myers Squibb is a global Biopharma company committed to a single mission: to discover, develop, and deliver innovative medicines focused on helping millions of patients around the world in disease areas such as oncology, cardiovascular, immunoscience and fibrosis.

Join us and make a difference. We hire the best people and provide them with a work environment that places a premium on diversity, integrity, collaboration and personal development. Through a culture of inclusion, we create a better, more productive work environment. We believe that the diverse experiences and perspectives of all our employees help to drive innovation and transformative business results.

Bristol-Myers Squibb is a global biopharmaceutical company whose mission is to discover, develop and deliver innovative medicines that help patients prevail over serious diseases.

One shared journey is moving us forward at Bristol-Myers Squibb. Around the world, we are passionate about making an impact on the lives of patients with serious disease. Empowered to apply our individual talents and ideas so that we can learn and grow together. Driven to make a difference, from innovative research to hands-on community support. 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 the resources to pursue their goals, both at work and in their personal lives.

Associate Director, SO&A, focuses on decision support for asset-level decisions in R&D. Our team members are expected to lead/facilitate product development teams and appropriate matrix representatives in identifying compelling development strategies for further analysis. They are responsible for financial analysis of the development options and using that analysis to provide insights into the tradeoffs among the options, with the goal of enabling value-driven R&D decisions. They are responsible for clearly communicating their findings to development teams and to senior management.

They also act as integrators of other analytic services, helping development teams ensure that they make the most of BMS’s full set of analytic capabilities – not just those of SOA. For this role, they need to quickly come up to speed on other teams’ capabilities and how to identify when those teams should be brought in to help our development teams make recommendations that serve BMS and out patients.

In support of the development team, they are expected to:

Possess commercial and development expertise sufficient to allow them to both support and challenge development teams

Quantify technical and regulatory risks

Integrate the risk assessments with projections of commercial revenues, and costs, in order to value R&D investments for portfolio planning

Provide support for evaluation of licensing and business development opportunities within their therapeutic area

As needed, organize and deliver the SO&A portion of portfolio reviews for therapeutic area management.

In addition to support of development teams, the Associate Director will be expected to represent SO&A and/or BIA R&D on cross functional teams to support R&D or BMS-wide initiatives. Examples of topics include therapeutic area strategy, annual budget/strategic planning processes, (re)design of the company’s processes, and roles in support of building and managing SO&A.

Position Requirements:

4 years of forecasting, financial modeling, valuation, and/or decision analysis experience in the pharmaceutical/biotech development

Or 6 years of experience in providing such support in other fields.

An advanced degree in the sciences, quantitative social science, or business is required.

Background in statistics is a plus.

Practical experience in Decision Analysis, is strongly preferred.

Demonstrated expertise at structuring and completing insightful financial analyses combined with an ability to clearly communicate insights to stakeholders and senior management is required.

Strong facilitation and leadership skills required. Experience in a management consulting or internal consulting setting is desirable.

Demonstrated ability to manage competing priorities is required.

Strong skills in financial valuation modeling and analysis using spreadsheet software are required.

Experience using decision analysis techniques to evaluate investments under uncertainty and experience with standard Excel Monte Carlo packages (such as @Risk or Crystal Ball) is desirable.

A deep understanding of clinical development, regulatory issues, and market dynamics in the pharmaceutical industry is strongly preferred.

Our team members need to be comfortable raising key issues and opportunities to the attention of team and therapeutic area management.

The Associate Director is expected to bring sufficient expertise that he/she can act as a resource for others in some arena relevant to SO&A’s remit.

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 the resources to pursue their goals, both at work and in their personal lives.

Bristol-Myers Squibb is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.

Company info

Bristol-Myers Squibb Company
Website : http://www.bms.com

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