Director, Business Development

VeracyteSan Diego, CA
Remote

About The Position

At Veracyte, we offer exciting career opportunities for those interested in joining a pioneering team that is committed to transforming cancer care for patients across the globe. Working at Veracyte enables our employees to not only make a meaningful impact on the lives of patients, but to also learn and grow within a purpose driven environment. This is what we call the Veracyte way – it’s about how we work together, guided by our values, to give clinicians the insights they need to help patients make life-changing decisions. Our Values: We Seek A Better Way: We innovate boldly, learn from our setbacks, and are resilient in our pursuit to transform cancer care We Make It Happen: We act with urgency, commit to quality, and bring fun to our hard work We Are Stronger Together: We collaborate openly, seek to understand, and celebrate our wins We Care Deeply: We embrace our differences, do the right thing, and encourage each other The Position: We are hiring an experienced Director of Business Development to help us continue to grow. Ideal candidate will work from our San Diego or South San Francisco Offices. We are also open to remote.

Requirements

  • A minimum of a bachelor’s degree with at least 10 years of business experience or MBA/other advanced degree, with at least 7 years of relevant partnering, licensing, business development, mergers/acquisitions, consulting, or banking experience.
  • Significant expertise in project management and contract negotiation.
  • Technical acumen in biology/genomics/NGS and experience in oncology and/or molecular diagnostics
  • Strong business, negotiation, analytical decision-making, and executive functioning skills.
  • Ability to effectively communicate, build relationships, and influence a broad variety of business leaders, both internally and externally.

Nice To Haves

  • Experience working within a matrixed environment and supporting senior leaders in high‑impact business development activities.
  • Prior exposure to M&A or complex strategic partnerships, with progression in responsibility over time.

Responsibilities

  • Support and contribute to evaluation, negotiation, structuring, and closing of transactions. Operate with moderate independence and partnering closely with senior BD leadership.
  • Develop comprehensive business cases for new business opportunities, supporting decision-making and alignment with corporate objectives.
  • Lead and support assessment of M&A opportunities, including target identification, evaluation, and strategic fit analysis.
  • Support diligence and integration activities post-transaction, collaborating cross-functionally to ensure seamless transition and value realization.
  • Translate unmet customer and market needs to identify and execute on potential new business arrangements (i.e., licensing, OEM, development, supply, co-promotion).
  • Manage select business relationships and provide input to internal and external business partners on transaction and strategic issues pertaining to licensing/strategic alliances.
  • Collaborate cross-functionally with internal functions (Research and Tech Dev, Product Development, Finance, Operations, Legal, Marketing, and Commercial) to assess market potential, financial viability, technical relevance, and proprietary and legal implications.
  • Gather and communicate intelligence by reading published literature and patents and press releases, attending conferences and trade shows, networking, and seeking other sources of intelligence.
  • Participate in and support continuous improvement of BD processes, creative deal structures, and contracting.

Benefits

  • Veracyte is a growing company that offers significant career opportunities if you are curious, driven, patient-oriented and aspire to help us build a great company.
  • We offer competitive compensation and benefits, and are committed to fostering an inclusive workforce, where diverse backgrounds are represented, engaged, and empowered to drive innovative ideas and decisions.
  • We are thrilled to be recognized as a 2024 Certified™ Great Place to Work® in both the US and Israel - a testament to our dynamic, inclusive, and inspiring workplace where passion meets purpose.
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