Associate, Strategy & Business Development-2

GE Healthcare - Chicago, IL

Full-time - Entry Level

Chicago, IL

Chemical Manufacturing

About the position

The Associate, Strategy and Business Development plays a critical role in supporting inorganic growth activity across GE HealthCare. This includes identifying and executing mergers and acquisitions, divestitures, equity investments, partnerships/alliances, and licensing transactions. Associates support or lead various phases of the transaction process, which encompasses market analyses, development and evaluation of inorganic strategies, drafting investment theses, target identification and screening, valuation modeling, due diligence, negotiation, and closing. In this role, you will collaborate with business segment and regional deal teams to identify and execute on all Business Development transactions. You will support and/or lead various phases of the transaction process, including conducting market analyses and performing gap analysis to the business unit portfolio. This will help define strategic and tactical steps to best position the segment for accelerated growth. You will also partner with Strategy and Business Development leadership to manage communication and alignment with key internal stakeholders, facilitating effective decision-making and transaction approval processes. Additionally, you will be responsible for ensuring a smooth transition of responsibilities and knowledge to business and functional leadership responsible for ongoing operations post-close. You will work closely with investment bankers, consultants, lawyers, and other third parties throughout the transaction processes. Furthermore, you will own key tools, processes, and standard work for the Strategy and Business Development team, leading initiatives to constantly improve the use and functionality of these tools and templates.

Responsibilities

• 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 modeling, 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 Strategy and 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.
• Partners with investment bankers, consultants, lawyers, and other third parties in transaction processes.
• Owns key tools, process, and standard work for the Strategy and Business Development team and leads initiatives to constantly improve the use and functionality of these tools and templates.

Requirements

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

Nice-to-haves

• Healthcare industry experience.
• Ability to work within a matrix organizational environment and to interact with executives at the most senior levels.
• Demonstrated experience analyzing and negotiating business transactions including acquisition evaluation, modeling, and financial analysis.
• Strong interpersonal skills and demonstrated teamwork skills.
• Adaptable/Flexible: Being open to change in response to new information, different or unexpected circumstances, and/or to work in ambiguous situations.
• External focus: Analyze customer needs, marketplace dynamics, industry trends, and the competitive landscape and understand the impact of business activities and decisions on the external environment.

Benefits

• Professional development opportunities
• Challenging careers
• Competitive compensation
• Flexible work environment