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Director, Program and Business Development

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North Chicago, North Chicago
Posted a day ago
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Job Description

Purpose:

The Director of Program Management & Business Development will lead significant strategic projects and programs to enable the launch of new products mainly through new business opportunities. This position plays a critical role in evaluating and executing program-related business development opportunities through thorough assessment and due diligence activities, managing cross-functional teams, and contributing to the negotiation and integration of new business opportunities aligned with organizational strategy.

Responsibilities:

  • Build and maintain best-in-class program management and business development evaluation processes to move projects forward in the most efficient and effective manner, providing recommendations for prioritization and resource allocation.
  • Ensure stakeholders execute programs to meet required timelines, budgets, and regulatory requirements.
  • Resolve conflicts and issues among programs and stakeholders.
  • Provide regular updates to senior leaders on the status of programs.
  • Liaise with other functions to ensure programs are maintained on track.
  • Lead cross-functional teams comprising of functional leaders to conduct thorough assessment and due diligence activities for new program-related business opportunities, including overseeing the evaluation process and timeline, and developing timely recommendations and proposals for senior management consideration based on complete technical and commercial assessments.
  • Manage interactions with external parties in the context of program-related business development, due diligence, and partnership evaluation.
  • Develop effective deal structures, risk mitigation strategies, and negotiating approaches, ensuring alignment with organizational objectives and functional management.
  • Significantly contribute to or lead the negotiation process for program-related partnerships, agreements, and acquisitions, including agreement on key terms and execution of legal agreements.
  • Communicate status of evaluations and negotiations with key internal stakeholders on a timely basis, including preparation of opportunity assessments and summaries for executive-level audiences.
  • Deliver oral and written presentations to senior management to seek approval for new programs and business opportunities.
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