Primary Location
South Campus Department
Innovation Ventures Shift
Day (United States of America) Schedule
Full time Weekly Hours
40 FTE
1 Employee Status
Regular
*Expected Starting Pay Range
$103,292.80 - $134,492.80 *Starting pay is based on experience, skills, and equity; exceptions may apply for highly qualified candidates. Additional pay (e.g., shift, on‑call, or weekend differentials) and benefits may apply. Annual pay may vary based on FTE status.
Subfunction Definition:
Help support Cincinnati Children's as a global leader in improving child health; to develop new partnerships and services to support strategic goals and develop relationships with partners, investors, and government institutions to extend the medical center's impact. Lead new product and service development efforts from concept to operations as well as cultivate, develop and maintain strategic vision and relationships. Within Innovation Ventures, develop and advance relationships with industry partners, investors, entrepreneurs, research organizations and economic development stakeholders to support commercialization of Cincinnati Children's innovations, investment in CCHMC-originated innovations, and global leadership.
Career Level Summary:
Provides senior-level business development expertise and leads complex projects and ongoing partner relationships with minimal guidance or supervision.
Accountable for the progress and outcomes of assigned business development activities.
Executes business plans and contributes execution of recommendations to organizational strategy. Decisions guided by strategy and priorities of function, service line, or area. May support colleagues in external connections and activities and lead cross-functional project teams; does not assume departmental management authority.
Scope:
Use specific Business Development expertise to guide and shape business development activities within and across the organization. Focuses on external relationship development, opportunity identification and advancement of commercialization partnerships in collaboration with Innovation Ventures colleagues, faculty, legal counsel and institutional leadership.
Representative Responsibilities:
Operational Management - Cultivate and maintain relationships with existing and prospective industry partners, investors, entrepreneurs, research organizations and economic development stakeholders. Identify potential partners aligned with institutional innovations and priorities; coordinate outreach, meetings and follow-up; maintain accurate relationship and opportunity records; represent Cincinnati Children's at relevant industry and partnering events; and efficiently connect internal commercialization projects with external funding opportunities and resources. Collaborate with business development and organizational leadership on long-term and short-term planning. Collaborate with Innovation Ventures leadership and cross-functional partners to prioritize opportunities and systematically enable or remove barriers. Provide recommendations and opinions, market information, financial analysis and other information as requested for CCHMC commercial opportunities. Support strategic priorities through targeted, innovative and responsive solutions. Serve as an organizational advocate and partner with both internal and external leaders. Identify key drivers and barriers to growth.
Project Management - Support translation of BD strategic plan into yearly and quarterly priorities and develop associated reporting mechanisms to track progress of plans. Lead assigned business development initiatives in timeframes determined by leadership. Build tools to visualize, support and track growth opportunities and their progress. Track and report to Senior Management on a routine basis progress of assigned initiatives toward strategic goals. Provide, communicate and implement strategic operational and programmatic plans and policies to achieve organizational mission, vision and…