Hybrid Senior Manager, M&A Transactions

at Novartis

• Job title: Senior Manager, M&A Transactions
• Job type: Full Time
• Experience level: Senior
• Salary: $160,300 - $297,700 per year
• Degree requirement: Bachelor's Degree
• Location requirements: Hybrid, Cambridge, United States

About the role

• Senior Manager, M&A Transactions handling small and large scale acquisitions and divestments at Novartis. Leading cross-functional teams to secure external innovation and drive future revenue growth.

Responsibilities

• Once an opportunity has been identified and triage is completed by S&E (Search & Evaluation), the Senior Manager M&A Transactions will outline a deal strategy (game plan), including a timeline to signing, governance planning, gating diligence items, bidding strategy, and an engagement plan with the target company.
• Shape and secure non-binding offer and ultimately binding offer terms in collaboration with M&A Finance, DD (Due Diligence), M&A Legal, M&A Tax, and other relevant line functions within Biomedical Research (BR), Development, TAS, US and International as needed.
• Build and manage high-performing teams on a deal-by-deal basis, ensuring appropriate level of seniority and cross-functional representation to enable consistently high-quality decision-making at the Executive Committee Novartis (ECN) and Board of Directors (BoD) level.
• In collaboration with DD head, launch and govern a VDR (Virtual Data Room) based diligence, ensuring target company is disclosing all relevant information and Novartis internal experts are reviewing all relevant information.
• Coordinate relevant business case inputs and ensure appropriate review from relevant TAL (Therapy Area Leadership) members and ECN members.
• Incorporate findings from diligence into the risk and value assessment and solicit support from third parties in the diligence process as needed to inform the assessment and recommendation.
• Primary counterpart to M&A legal to solicit business input on transaction documents.
• Prepare decision-making framework for ECN DC and BoD, ensuring consistent approach to risk and value assessment of an opportunity.
• Ensure all new information is adequately reviewed by relevant line functions with escalation to C&BD management and relevant ECN members as appropriate.
• Key partner to integration function post-signing to ensure knowledge transfer and strategic value drivers of the deal are prioritized in the integration planning process.

Requirements

• 2+ years’ experience in leading end-to-end M&A deals across a variety of deal types
• Thorough understanding of corporate strategy with ability to align deals with enterprise growth objectives and portfolio priorities
• Strong financial background with a solid understanding of financial modelling, scenario planning and synergy assessment
• Skilled in identifying and mitigating strategic, financial and operational risks
• Understanding of legal frameworks for licensing and acquisition deals, and a thorough understanding of antitrust and regulatory processes as it relates to document creation and competition law
• Ability to lead cross-functional teams with influence and drive large multi-disciplinary teams to achieve common objectives and goal
• Ability to work under pressure and tight timelines while maintaining a collaborative spirit and high communication skills

Benefits

• health, life and disability benefits
• 401(k) with company contribution and match
• generous time off package including vacation, personal days, holidays and other leaves