Job Description
Position Description
- DESCRIPTION: As an integral member of our Company's Global Health Innovation Fund team, the Director is an entrepreneurial individual who will be expected to perform all aspects of investing in digital health and enabling technologies startups for a corporate venture capital fund. This includes deal sourcing, vetting, diligence, financial modeling, investing, as well as investment management and governance. The Director will work closely with our company's Human Health organization and report to the Managing Director of GHI for Human Health Enterprise Coverage and will be expected to lead investment activities across the GHI Fund management team with a primary focus of supporting Commercial Operations, Medical Affairs, Health Economics and Outcomes Research and our Company's Idea Studios (Europe, Asia Pacific)
Responsibilities
The Director will be responsible for identifying, evaluating, transacting, and managing venture investments.
Responsibilities Will Include But May Not Be Limited To
- Lead Diligence for Venture Capital Investment Opportunities – Maintain awareness of startup companies in areas of interest, lead diligence of potential startups to identify potential investments, develop financial model, and conduct fundamental and technical due diligence
- Lead and Present Venture Capital Investment Cases – Work with GHI Managing Directors in developing a business case, along with financial modeling, and present to the investment committee comprised of Executive Committee and Executive Comittee +1 members.
- Support our Company's Idea Studios Teams and Investments – Partner with our Company's Idea Studio teams in the identification of high potential GHI investments in Europe and Asia Pacific. Lead investment diligence, Idea Studio portfolio company management and activities related to our Company's Idea Studio marketing and support.
- Portfolio Management – Actively manage investments in portfolio companies. Take Board Director and Board Observer roles as appropriate. Work with portfolio company management teams, boards and investors to ensure company performance.
- Competitive Intelligence – Monitor competitor activity and develop business intelligence related to the portfolio, as well as to our Company.
- Develop Domain Expertise - Develop deep knowledge in digital health and enabling technologies. Attend industry conferences and events to source deals and identify exit opportunities.
- Maintain Knowledge of our Company's Use Cases – Work closely with GHI Portfolio Development team to understand key uses cases across our Company's business to ensure alignment of new opportunities with strategy as appropriate. Develop rapport and manage processes with senior leaders and their delegates to develop and prioritize use cases.
Position Qualifications
Education Minimum Requirement:
Required Experience and Skills**:
- Minimum 8 years of work, or equivalent, experience in healthcare related fields
- Minimum 5 years domain expertise in venture capital investing or equivalent experience such as Mergers & Acquisitions, business development, or advisory services
- Strong understanding of pharmaceutical operating processes with an emphasis on commercial operations, technologies that support patients and health care professionals, medical affairs and health economics and outcomes research (HEOR).
- Strong knowledge of trends impacting the pharmaceutical industry with respect to enabling technologies, regulation, and reimbursement.
- Strong written and verbal communication skills with excellent presentation skills and executive presence.
- Strong client service approach with consultative, problem-solving skill set operating in a matrixed environment
- Proficiency with Microsoft Office Suite, with high proficiency in Excel and PowerPoint
Preferred Experience And Skills
- Advanced degree preferred, either Master's in Business Administration or PhD in relevant field.
- Experience in venture capital investing with a strong network across the healthcare venture capital ecosystem
- Experience leading diligence processes for healthcare investments or business development for enabling technologies with demonstrated ability to orchestrate all resources including internal and external parties.
- Experience with product/solution development in Healthcare Information Technology / digital health / enabling technologies.
- Experience with strategic planning and strong financial acumen
- Strong project and relationship management skills; ability to multitask while maintaining attention to detail
- Experience as a board observer or in an operating role in healthcare startups
- Knowledge of health care markets in Europe and Asia
- Passion for knowledge, drive for excellence, demonstrated leadership capabilities
Current Employees apply HERE
Current Contingent Workers apply HERE
US And Puerto Rico Residents Only
Our company is committed to inclusion, ensuring that candidates can engage in a hiring process that exhibits their true capabilities. Please click here if you need an accommodation during the application or hiring process.
Requirements
As an Equal Employment Opportunity Employer, we provide equal opportunities to all employees and applicants for employment and prohibit discrimination on the basis of race, color, age, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability status, or other applicable legally protected characteristics. As a federal contractor, we comply with all affirmative action requirements for protected veterans and individuals with disabilities. For more information about personal rights under the U.S. Equal Opportunity Employment laws, visit:
EEOC Know Your Rights
EEOC GINA Supplement
We are proud to be a company that embraces the value of bringing together, talented, and committed people with diverse experiences, perspectives, skills and backgrounds. The fastest way to breakthrough innovation is when people with diverse ideas, broad experiences, backgrounds, and skills come together in an inclusive environment. We encourage our colleagues to respectfully challenge one another’s thinking and approach problems collectively.
Learn more about your rights, including under California, Colorado and other US State Acts
U.S. Hybrid Work Model
Effective September 5, 2023, employees in office-based positions in the U.S. will be working a Hybrid work consisting of three total days on-site per week, Monday - Thursday, although the specific days may vary by site or organization, with Friday designated as a remote-working day, unless business critical tasks require an on-site presence.This Hybrid work model does not apply to, and daily in-person attendance is required for, field-based positions; facility-based, manufacturing-based, or research-based positions where the work to be performed is located at a Company site; positions covered by a collective-bargaining agreement (unless the agreement provides for hybrid work); or any other position for which the Company has determined the job requirements cannot be reasonably met working remotely. Please note, this Hybrid work model guidance also does not apply to roles that have been designated as “remote”.
The salary range for this role is
$187,000.00 - $294,400.00
This is the lowest to highest salary we in good faith believe we would pay for this role at the time of this posting. An employee’s position within the salary range will be based on several factors including, but not limited to relevant education, qualifications, certifications, experience, skills, geographic location, government requirements, and business or organizational needs.
The successful candidate will be eligible for annual bonus and long-term incentive, if applicable.
We offer a comprehensive package of benefits. Available benefits include medical, dental, vision healthcare and other insurance benefits (for employee and family), retirement benefits, including 401(k), paid holidays, vacation, and compassionate and sick days. More information about benefits is available at https://jobs.merck.com/us/en/compensation-and-benefits.
You can apply for this role through https://jobs.merck.com/us/en (or via the Workday Jobs Hub if you are a current employee). The application deadline for this position is stated on this posting.
San Francisco Residents Only: We will consider qualified applicants with arrest and conviction records for employment in compliance with the San Francisco Fair Chance Ordinance
Los Angeles Residents Only: We will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws, including the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance
Search Firm Representatives Please Read Carefully
Merck & Co., Inc., Rahway, NJ, USA, also known as Merck Sharp & Dohme LLC, Rahway, NJ, USA, does not accept unsolicited assistance from search firms for employment opportunities. All CVs / resumes submitted by search firms to any employee at our company without a valid written search agreement in place for this position will be deemed the sole property of our company. No fee will be paid in the event a candidate is hired by our company as a result of an agency referral where no pre-existing agreement is in place. Where agency agreements are in place, introductions are position specific. Please, no phone calls or emails.
Employee Status
Regular
Relocation:
Domestic
VISA Sponsorship
No
Travel Requirements
25%
Flexible Work Arrangements
Remote
Shift
1st - Day
Valid Driving License
Yes
Hazardous Material(s)
No
Required Skills
Developing Proposals, Digital Business Development, Digital Healthcare, Ecosystems, Executive Presence, Financial Modeling, Investments, Negotiation, Portfolio Strategic Planning, Private Equity Due Diligence, Start-Ups, Venture Capital Investments
Preferred Skills
Due Diligence, Relationship Management, Strategic Planning
Job Posting End Date
09/23/2025
- A job posting is effective until 11:59:59PM on the day BEFORE the listed job posting end date. Please ensure you apply to a job posting no later than the day BEFORE the job posting end date.
Requisition ID:R364639
