Principal - Novartis Venture Fund

Key Responsibilities

• Assist NVF Managing Directors and other colleagues in all stages of scientific and business due diligence including specific scientific due diligence, investment specific diligence, market analysis and financial modelling, and conducting primary and secondary research.
• Assist in all stages of due diligence in partnership with the NVF team.
• Review and evaluate new business plans, scientific publications and data derived by potential portfolio companies.
• Source new investment opportunities through analysis of scientific and market opportunities and identify appropriate targets, attend industry events (such as conferences), and contact and build relationships with key academics, executives, entrepreneurs, and other investors.
• Key role in deal and pipeline management including deal review and tracking, deal meetings, etc.
• Prepare and maintain internal documentation on potential investments/portfolio companies, including investment memos and financial analyses.
• Create presentations and build financial models to support new and ongoing investments.
• Be actively involved in portfolio management and fund strategy.
• Support existing portfolio company investments by coordinating interactions with the NVF fund and other parts of Novartis AG (Development and BR in particular) from time to time
• Support senior NVF leadership and mentor junior team members
• Perform other tasks as necessary to support the team

Essential Requirements

• Ph.D in Natural Sciences or M.D.
• 5+ years of experience in Biotech investing and related experience
• Strong scientific background, excellent understanding of the life science market and the pharma world as well as medical needs and emerging science and technology trends
• Familiar with scientific due diligence processes
• Familiar with and exposure to biotech company board meetings, management and governance
• Excellent interpersonal, verbal and written communication skills
• Effective in an international high-performance environment
• Ability to prioritize, coordinate and manage several projects simultaneously
• Proactive, hands-on and entrepreneurial individual with a great passion for research, analysis and investments
• Strong strategic orientation with good analytical and conceptual ability and a tendency to think beyond one’s own area of expertise
• Fluent in English (oral and written)

Desirable Requirements
 

• Experience serving as a board observer or working closely with biotechnology company boards
• Established network within the biotechnology, venture capital, and life sciences innovation ecosystem

The salary for this position is expected to range between $176,400.00 - 327,600.00 USD Annual per year.

The final salary offered is determined based on factors like, but not limited to, relevant skills and experience, and upon joining Novartis will be reviewed periodically. Novartis may change the published salary range based on company and market factors.

Your compensation will include a performance-based cash incentive and, depending on the level of the role, eligibility to be considered for annual equity awards.

US-based eligible employees will receive a comprehensive benefits package that includes health, life and disability benefits, a 401(k) with company contribution and match, and a variety of other benefits. In addition, employees are eligible for a generous time off package including vacation, personal days, holidays and other leaves.

To learn more about the culture, rewards and benefits we offer our people click here.

The Novartis Group of Companies are Equal Opportunity Employers and take pride in maintaining a diverse environment. We do not discriminate in recruitment, hiring, training, promotion or other employment practices for reasons of race, color, religion, gender, national origin, age, sexual orientation, gender identity or expression, marital or veteran status, disability, or any other legally protected status. We are committed to building diverse teams, representative of the patients and communities we serve, and we strive to create an inclusive workplace that cultivates bold innovation through collaboration and empowers our people to unleash their full potential.

 

Why Novartis: Helping people with disease and their families takes more than innovative science. It takes a community of smart, passionate people like you. Collaborating, supporting and inspiring each other. Combining to achieve breakthroughs that change patients’ lives. Ready to create a brighter future together? https://www.novartis.com/about/strategy/people-and-culture 

 

 Benefits and Rewards: Read our handbook to learn about all the ways we’ll help you thrive personally and professionally: https://www.novartis.com/careers/benefits-rewards