Why Mayo Clinic
Mayo Clinic is top-ranked in more specialties than any other care provider according to U.S. News & World Report. As we work together to put the needs of the patient first, we are also dedicated to our employees, investing in competitive compensation and
comprehensive benefit plans – to take care of you and your family, now and in the future. And with continuing education and advancement opportunities at every turn, you can build a long, successful career with Mayo Clinic.
Benefits Highlights - Medical: Multiple plan options.
- Dental: Delta Dental or reimbursement account for flexible coverage.
- Vision: Affordable plan with national network.
- Pre-Tax Savings: HSA and FSAs for eligible expenses.
- Retirement: Competitive retirement package to secure your future.
ResponsibilitiesThis position is expected to partner and collaborate with a variety of internal customers including Mayo Clinic senior leadership as well as functional leaders across the organization. This position will own relationships with external business entities and serve as the point person on sourcing, valuing, negotiating, and executing strategic transactions on behalf of Mayo Clinic. It will be expected that the incumbent will lead and manage deals from end to end with minimal supervision, from sourcing to close.
Key Responsibilities include:
Identifying transactions and partnerships that further Mayo's strategic priorities in coordination with the Chair, Corporate Development, the broader Department of Business Development, and the Administrators and Medical leadership of Mayo Clinic.
Execute transactions including process management, structuring, negotiations, and closing deals.
Create thesis documents, business plans and deal memos.
Advise, drive, and negotiate deal terms.
Lead team of shared resources Corporate Development staff in development of operating, financial, and deal models.
Perform due diligence, including financial analysis & risk assessments in support of proposed transactions, on technologies, markets, partners, and ventures.
Partner closely with Mayo subject matter experts to complete required work and reach investment and transaction recommendations.
Manage cross-functional due diligence teams in partnership with Mayo subject matter experts with a hands-on, team-oriented approach.
Ensure effective management of post-closing deal terms, hand-off to integration teams, value tracking and course adjustment as necessary.
Provide mentorship, project guidance, and talent development of Corporate Development's shared resource pool of associates, senior associates, managers, and senior managers who will be staffed on transactions.
QualificationsThe successful candidate will possess an MBA or master's degree in a related field, and a minimum of 8 years' relevant business experience, including demonstrated ability in generating and executing new business ventures, (joint ventures, newcos, spin-offs, equity positions, acquisitions, mergers, etc.), and analyzing and reporting on new business opportunities, especially in healthcare.
A successful corporate development and deal-making track record in smaller, entrepreneurial company situations and/or in a large corporate environment, where business skills and knowledge, (including relevant strategic, financial, marketing and operational expertise) have been gained is required. Strong candidates will be comfortable executing cross-border and international transactions based on a proven track record and/or deal sheet.
Exemption StatusExempt
Compensation Detail$190,694 - $286,020 / year
Benefits EligibleYes
ScheduleFull Time
Hours/Pay Period80
Schedule DetailsMonday - Friday Business Hours This vacancy is not eligible for sponsorship/ we will not sponsor or transfer visas for this position.
Weekend ScheduleNot Applicable
International AssignmentNo
Site Description Just as our reputation has spread beyond our Minnesota roots, so have our locations. Today, our employees are located at our three major campuses in Phoenix/Scottsdale, Arizona, Jacksonville, Florida, Rochester, Minnesota, and at Mayo Clinic Health System campuses throughout Midwestern communities, and at our international locations. Each Mayo Clinic location is a special place where our employees thrive in both their work and personal lives.
Learn more about what each unique Mayo Clinic campus has to offer, and where your best fit is. Equal Opportunity
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, gender identity, sexual orientation, national origin, protected veteran status or disability status. Learn more about the
'EOE is the Law'. Mayo Clinic participates in
E-Verify and may provide the Social Security Administration and, if necessary, the Department of Homeland Security with information from each new employee's Form I-9 to confirm work authorization.
RecruiterJulie Melton
