Description
The Mount Sinai Health System (MSHS) is a leading academic health system that includes clinical, research and educational activities. The health system includes hospitals and ambulatory services spread across the New York City Metropolitan area. Our 48,000+ employees provide excellent clinical care for millions of patients each year while also being at the forefront of scientific discovery and clinical innovation.
The Corporate Development & Strategic Partnerships (CDSP) team's mandate is to drive growth of revenue and margin for Mount Sinai Health System through Mergers & Acquisitions, Joint Ventures, and Strategic Partnerships.
The Director of Corporate Development is a leader on the Corporate Development & Strategic Partnerships (CDSP) team reporting to the VP of Portfolio Strategy & Corporate Development.
In support of the mandate of the Corporate Development & Strategic Partnerships function, the Director will, for assigned opportunities, lead the end-to-end process of evaluating and executing strategic opportunities. The Director will also provide mentorship to more junior resources on the team, and as designated, represent the team at external conferences or speaking events.
Responsibilities
Opportunity Leadership: For high priority initiatives, as assigned by the VP of Corporate Development, lead the end-to-end process of framing, evaluation, and execution to bring the opportunity to fruition.
Interface with internal and external stakeholders Conduct analytics Develop a business case Evaluate contracts and lead and support negotiations As relevant, manage internal or external resources to execute the work.
Develop executive communications to update and/or seek decisions from the appropriate governance bodies
Talent Development:
Provide mentorship and professional development coaching to more junior members of the team.
Support the hiring and development of talent to build a high-performance growth-oriented culture.
Promote an inclusive, collaborative, and results-oriented team culture.
External Networking & Lead Generation:
As designated by the VP of Corporate Development, the Director will represent the MSHS externally to cultivate relationships and identify new business opportunities. This may involve attending conferences or participating in speaking events.
Special Projects:
Support the VP, Corporate Development on special projects as required.
Reporting Structure & Location
The Director will report directly to the Vice President of Portfolio Strategy & Corporate Development.
Expectations are for the role to be performed primarily in-person, at Mount Sinai's Corporate Office with occasional visits to Mount Sinai's facilities and office throughout the NYC Metropolitan area as required. As appropriate, periodic hybrid work can be accommodated.
Qualifications
Education Requirements
Bachelor's degree is required Master's degree is strongly preferred (MBA, MHA, MPH, or related)
Work Experience
The ideal candidate will have 3+ years of progressive experience (post-graduate school) or 5+ years of progressive experience (pre-graduate school) working within the healthcare practice of a leading strategy and management consulting firm in "Project Leader," or "Manager" level roles, and with experience leading strategy, M&A, partnerships, and transformation projects for clients that are large, complex healthcare organizations or academic medical centers.
Ideal candidates may also have similar experience working within similar professional services firms in the Private Equity or Investment Banking industries.
Candidates without experience in consulting or similar professional services industries will be considered and should have at least 7 years of work experience and at least 5 years of progressive experience in M&A, partnerships, transformation, strategy, strategic planning, strategic investing, or related fields within the context of large, complex healthcare organizations or academic medical centers.
Skills
Demonstrated success in leading and executing transactions, partnerships, strategy design, opportunity assessments, competitive analysis, and business case development in healthcare.
Exceptional analytical, financial, and problem-solving skills, with expertise in opportunity assessment and data-driven decision making.
Exceptional interpersonal, written and verbal communications, stakeholder engagement, and change management skills.
Exceptional written presentation skills using Power Point and Word to tell compelling stories that support decision making and stakeholder buy in.
Ability to influence at all levels and build trusted relationships with senior leaders, faculty leaders, and external partners.
Experience working in or with academic health systems is preferred.
Experience with analysis in the New York metro market is a plus.
Experience conducting advanced analytics using tools like SQL, Python, and R is a plus.
Compensation Statement
The Mount Sinai Health System (MSHS) provides salary ranges that comply with the New York City Law on Salary Transparency in Job Advertisements. The salary range for the role is $153,723.00 - $230,584.00 Annually. Actual salaries depend on a variety of factors, including experience, education, and operational need. The salary range or contractual rate listed does not include bonuses/incentive, differential pay or other forms of compensation or benefits.
About the Mount Sinai Health System
Mount Sinai Health System is one of the largest academic medical systems in the New York metro area, with more than 48,000 employees working across eight hospitals, more than 400 outpatient practices, more than 300 labs, a school of nursing, and a leading school of medicine and graduate education.
Mount Sinai advances health for all people, everywhere, by taking on the most complex health care challenges of our time - discovering and applying new scientific learning and knowledge; developing safer, more effective treatments; educating the next generation of medical leaders and innovators; and supporting local communities by delivering high-quality care to all who need it.
Through the integration of its hospitals, labs, and schools, Mount Sinai offers comprehensive health care solutions from birth through geriatrics, leveraging innovative approaches such as artificial intelligence and informatics while keeping patients' medical and emotional needs at the center of all treatment.
The Health System includes more than 9,000 primary and specialty care physicians; 13 joint-venture outpatient surgery centers throughout the five boroughs of New York City, Westchester, Long Island, and Florida; and more than 30 affiliated community health centers.
We are consistently ranked by U.S. News & World Reports Best Hospitals, receiving high "Honor Roll" status, and are highly ranked: No. 1 in Geriatrics, top 5 in Cardiology/Heart Surgery, and top 20 in Diabetes/Endocrinology, Gastroenterology/GI Surgery, Neurology/Neurosurgery, Orthopedics, Pulmonology/Lung Surgery, Rehabilitation, and Urology.
New York Eye and Ear Infirmary of Mount Sinai is ranked No. 12 in Ophthalmology.
U.S. News & World Report's "Best Children's Hospitals" ranks Mount Sinai Kravis Childrens Hospital among the country's best in several pediatric specialties.
The Icahn School of Medicine at Mount Sinai is ranked No. 11 nationwide in National Institutes of Health funding and in the 99th percentile in research dollars per investigator according to the Association of American Medical Colleges.
Newsweek's "The World's Best Smart Hospitals" ranks The Mount Sinai Hospital as No. 1 in New York and in the top five globally, and Mount Sinai Morningside in the top 20 globally.
Equal Opportunity Employer
The Mount Sinai Health System is an equal opportunity employer, complying with all applicable federal civil rights laws. We do not discriminate, exclude, or treat individuals differently based on race, color, national origin, age, religion, disability, sex, sexual orientation, gender, veteran status, or any other characteristic protected by law.
We are deeply committed to fostering an environment where all faculty, staff, students, trainees, patients, visitors, and the communities we serve feel respected and supported. Our goal is to create a healthcare and learning institution that actively works to remove barriers, address challenges, and promote fairness in all aspects of our organization.
Compensation
The Mount Sinai Health System (MSHS) provides salary ranges that comply with the New York City Law on Salary Transparency in Job Advertisements. The salary range for the role is $153723 - $230584 Annually. Actual salaries depend on a variety of factors, including experience, education, and operational need. The salary range or contractual rate listed does not include bonuses/incentive, differential pay or other forms of compensation or benefits.