Director Of Business Development

About the job

Why PsychPlus?

The current delivery model for mental health care is broken in this country. PsychPlus set out on a mission to reimagine how mental health care is delivered to folks who need it. Our goal is to provide a digital-first, modern approach to psychiatry and therapy. We provide care both in-person at our offices across Texas and virtually so our patients can be seen at their convenience.

Through a combination of exceptional medical and psychological care and best-in-class technology, we provide an unparalleled approach that serves our patients needs in an integrated way. Join us in our mission to ensure that every person has access to affordable and accessible mental health care.

About The Role

As the Director of Business Development, you play a crucial role in shaping the company's future by driving its growth, exploring new opportunities, fostering meaningful partnerships, and expanding the organization's market presence. You create and implement strategies to identify, pursue, and secure new business opportunities. You are able to involve a mix of strategic thinking, relationship-building, and execution to achieve overall business objectives.

Responsibilities

• Develop financial models used to estimate cash flow and the potential for profitability.
• Identifies target practice locations in specific states to serve as a new platform location for expansion in addition to virtual care (telehealth).
• Collaborates, plans and implements a negotiation strategy and leads the negotiations with executives and stakeholders.
• Leads research activities to identify business opportunities and alliances, conduct due diligence, develop plans and strategies for new alliances.
• Identifies and evaluates an organization's opportunities for new lines of business and market opportunities, mergers & acquisitions.
• Advises and evaluates deal rationale, financial projections, risk assessment, and financial implications.

Requirements

• Ability to manage multiple projects simultaneously, set priorities, and meet deadlines is essential to ensure smooth execution of business development initiatives.
• MUST have Psych experience.
• MUST have Healthcare M&A experience.
• 5+ years in business development, sales, marketing, or related roles with leadership experience is essential.
• Thrives in a fast-paced environment.
• Having a deep understanding of market trends, competition, and customer needs to formulate effective business development strategies.
• Effective communication, both verbal and written, is critical.
• The ability to think critically and strategically to identify, pursue, and develop long-term plans to drive business growth.
• A bachelor's degree in business administration, marketing, economics, finance, or a related field is typically required. MBA preferred.

Perks

Our mentality is to find the best, attract the best, and pay the best talent—which is why we prioritize quality over quantity of hires. While we offer zero-stress medical, dental, and vision coverage, competitive salaries, and a generous PTO policy, we're way more excited to tell you about a few "perks” that are unique to PsychPlus. We’ve spent time thinking through what it means to be a modern mental health company and how we can better align these additional perks with our mission and values.

Additional Information

The expected base pay for this role will be between $80,000 - $100,000 annually, plus strong incentives based on opportunities and transactions, at the commencement of employment. However, base pay will be determined on an individualized basis and will be impacted by location and years of experience. Further, base pay is only part of the total compensation package, which, depending on the position, may also include incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other PsychPlus Health-sponsored benefits.

So—what do you think?

If you’ve made it this far, well, we’re excited to meet you too. Just one more thing that we want you to remember: we pride ourselves on our meritocratic, performance-driven culture. We are a startup and move at the speed of light. You might be required to wear multiple hats at any given time. There’s no room for complacency. Your scope of responsibility and opportunity to make a difference will be uncapped at PsychPlus, but we need your commitment that you will work tirelessly for our patients, parents, and partners. At the end of day, our team is committed to helping you succeed at PsychPlus because when you succeed, our patients succeed, and we get one step closer to solving the mental health crisis. We’re hopeful that this role will give you the experience to go and do whatever you want in life but the fulfillment to make you never want to leave our team. We look forward to solving the mental health crisis, together.

Please be cautious of potential recruitment fraud. If you are interested in exploring opportunities at PsychPlus, please go directly to our Careers Page: https://psychplus.com/careers

PsychPlus will never ask you to pay a fee or download software as part of the interview process with our company. In addition, PsychPlus will not ask for your personal banking information until you have signed an offer of employment and completed onboarding paperwork that is provided by our People Operations team. All communications with PsychPlus will only be sent from @psychplus.com email addresses. Legitimate emails will never originate from gmail.com, yahoo.com, or other commercial email services.

At PsychPlus, we value being an Equal Opportunity Employer. We strive to cultivate an environment where individuals can be their authentic selves. Being an Equal Opportunity Employer means every member of our team feels as though they are supported and belong. We value diverse perspectives to help us provide accessible and affordable mental healthcare to every one of our patients.

PsychPlus applicants are assessed solely on their qualifications for the role, without regard to disability or need for accommodation.