Associate, Strategy & Business Development

GE HealthCare•Chicago, IL

13d•Onsite

About The Position

The Associate, Strategy and Business Development plays a critical role in supporting inorganic growth activity across GE HealthCare, including in identifying and executing mergers and acquisitions, divestitures, equity investments, partnerships / alliances, and licensing transactions. Associates support or lead various phases of the transaction process, including market analyses, development and evaluation of inorganic strategies, drafting investment theses, target identification and screening, valuation modelling, due diligence, negotiation, and closing. GE HealthCare is a leading global medical technology and digital solutions innovator. Our purpose is to create a world where healthcare has no limits. Unlock your ambition, turn ideas into world-changing realities, and join an organization where every voice makes a difference, and every difference builds a healthier world.

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 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.

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 modelling, 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
Analyze customer needs, marketplace dynamics, industry trends, and the competitive landscape and understand the impact of business activities and decisions on the external environment
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.