Senior Director, Corporate Development Finance

$211,200.00-$359,300.00

Company Overview

The people of Memorial Sloan Kettering Cancer Center (MSK) are united by a singular mission: ending cancer for life. Our specialized care teams provide personalized, compassionate, expert care to patients of all ages. Informed by basic research done at our Sloan Kettering Institute, scientists across MSK collaborate to conduct innovative translational and clinical research that is driving a revolution in our understanding of cancer as a disease and improving the ability to prevent, diagnose, and treat it. MSK is dedicated to training the next generation of scientists and clinicians, who go on to pursue our mission at MSK and around the globe. One of the world’s most respected comprehensive centers devoted exclusively to cancer, we have been recognized as one of the top two cancer hospitals in the country by U.S. News & World Report for more than 30 years.

In compliance with applicable State regulatory authorities, COVID-19 vaccination is mandatory for all MSK staff. Staff are considered fully vaccinated upon completion of a primary vaccination series for COVID-19 (i.e., one dose of a single dose vaccine or a final dose of a multi-dose vaccine series). Exceptions from the COVID-19 vaccine requirement are permitted for those who request and receive an approved medical or fully remote exemption. Requests for medical exemption can take up to two weeks to review. Vaccination or an approved medical exemption is required to start work.

Note: Individuals are eligible to receive a COVID-19 booster two months after completion of a primary vaccination series for COVID-19. Because vaccine-induced immunity can wane over time, MSK continues to strongly urge all staff to get a COVID-19 booster as soon as they become eligible to maintain their protective immunity for a longer period.

Looking for a meaningful leadership opportunity where you can apply creative analysis, thought, and a proactive approach to our organization? Join us in our journey to build a better, stronger, and more durable MSK for our patients, employees, and communities.

Reporting to our VP, Revenue Cycle Optimization, we are hiring for a new opportunity, Senior Director, Corporate Development Finance. The Sr Director will collaborate with executive leadership and be the finance thought leader and trusted financial advisor for corporate development activities. This role leads all financial efforts to support a broad portfolio of business development initiatives including joint ventures, partnerships, and affiliations.

You will:

Financial Corporate Development

• Interact with external counterparties to assess fit and conduct pre-transaction due diligence. Work with external financial advisors to complete due diligence and fair market value analyses
• Cross-functional Collaboration: Collaborate with in-house and external legal counsel on transaction related definitive agreements.
• Financial Analysis and Modeling: Oversee, conduct and review the design, build, execution and explanation of complex financial models, forecasting and other financial project work to evaluate the financial viability and potential returns of various corporate development initiatives; make recommendations accordingly.
• Maintain awareness of private equity, venture capital and hedge fund market information, such as investment themes, pacing, valuations, preferred equity and convertible note structures and exits
• Relationship Management: Cultivate and maintain strong relationships with key stakeholders, including investment banks, industry experts, potential partners, and other external parties. Cultivate relationships with internal leaders to identify corporate development opportunities
• Assess alternative business and pricing models, strategic investments and capital allocation strategies.
• Support post-deal execution, budgeting and synergy realization monitoring
• Negotiate financial terms in letters of intent, definitive agreements and shareholder agreements
• Evaluate waterfalls for contingent, common and preferred equity in complex capital structures
• Provide financial leadership and strategic financial direction as an integral member of the organization’s corporate development team to identify, assess, and prioritize growth opportunities
• Maintain knowledge of applicable laws, regulations, innovations, trends and dynamics

Team Development

• Actively share knowledge and promote collaboration within and across the department.
• Develop internal talent, train others in the Corporate Development team on M&A activities and processes. Attract and recruit external talent as required to build an effective team.
• Mentor corporate development project analysts and project leaders
• Coach and develop the team on deal strategy, advanced valuation techniques, deal management, effective due diligence, influencing others and negotiation skills.

You have:

• CFA and/or CPA preferred
• In-depth knowledge of capital markets and corporate finance, including debt and equity markets, and being able to think strategically and tactically about financing alternatives
• Track record leading financial activities of successful M&A/JV transactions throughout the entire deal lifecycle, including landscape analysis, pipeline development, strategic due diligence, transaction management and post-deal integration
• 10+ years of experience leading financial activities across broad corporate development financial management, strategy projects, M&A/JV execution in a large healthcare system or academic medical center
• Executive level collaboration, influencing and negotiation skills

Please note this is a hybrid role. Expected to be in NYC for important in-person meetings and other collaboration needs.

Are you ready to learn more about our Benefits?

Pay Range: $211,000-$359,000

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Closing

MSK is an equal opportunity and affirmative action employer committed to diversity and inclusion in all aspects of recruiting and employment. All qualified individuals are encouraged to apply and will receive consideration without regard to race, color, gender, gender identity or expression, sexual orientation, national origin, age, religion, creed, disability, veteran status or any other factor which cannot lawfully be used as a basis for an employment decision.

Federal law requires employers to provide reasonable accommodation to qualified individuals with disabilities. Please tell us if you require a reasonable accommodation to apply for a job or to perform your job. Examples of reasonable accommodation include making a change to the application process or work procedures, providing documents in an alternate format, using a sign language interpreter, or using specialized equipment.