Baxter International logo

Senior Manager, Business Development

Baxter International

Deerfield, IL
Full Time
Senior
152k-190k
17 days ago

Job Description

About the Role

The Senior Manager, Business Development at Baxter will help define the strategy and execute on new inorganic growth opportunities for Baxter's Infusion Therapies and Technologies (ITT) business. This global role partners with the four divisions within the ITT segment to identify technologies, assets, and partnerships that fill portfolio gaps or deliver innovation to enable and drive growth across all regions. The role involves leading the cross-functional business development process, engaging with external targets, and supporting strategic initiatives within the ITT segment strategy and market intelligence teams.

Key Responsibilities

  • Collaborate with division and segment leadership globally to establish business development strategy, identify and prioritize categories of interest, and lead category and technology landscape analyses to identify specific targets.
  • Work with commercial, R&D, and medical partners to evaluate products and technologies by assessing category size, growth potential, competitive dynamics, unmet needs, and innovation opportunities.
  • Lead cross-functional teams through the business development process across various deal structures such as Venture, Acquisition, Licensing, Distribution, and Development.
  • Develop financial deal models with Finance and Commercial teams to build the investment case.
  • Prepare and deliver deal approval requests and pipeline reviews for senior management.
  • Provide guidance and support to regional teams on business development activities.
  • Train and guide cross-functional partners on the BD process and participation in BD activities.
  • Participate in alliance management activities with strategic partners, including transition services, development project management, and steering committee participation.
  • Support transition and launch activities for inorganic product launches.

Requirements

  • Bachelor's degree is required; MBA is desirable.
  • Minimum of 8 years relevant professional business experience.
  • Proven experience in due diligence and deal-making for multiple M&A, licensing, or other deal structures.
  • Strong project management skills.
  • Ability to lead multi-disciplinary teams and interact effectively with executive management.
  • Financial competence with a strong understanding of financial statements and application of financial theory.
  • Excellent written and oral communication skills, including presentation development and delivery.
  • Ability to multi-task, prioritize multiple projects, and adopt an 80/20 work approach.
  • Comfortable working in rapidly evolving, non-hierarchical, proactive environments.
  • Strong ownership mentality with focus on driving projects to completion and delivering results.
  • Healthcare or medical device industry experience is strongly preferred.

Nice to Have

  • Experience with healthcare, medical devices, or related industries.
  • Experience with strategic partnerships and alliance management.
  • Experience in developing and evaluating financial models for deals.

Qualifications

  • Bachelor's degree required; MBA preferred.
  • At least 8 years of relevant professional experience in business or healthcare industry.

Benefits & Perks

  • Competitive base salary estimated between $152,000 - $190,000, with potential for bonuses and long-term incentives.
  • Comprehensive health and well-being benefits including medical and dental coverage from day one.
  • Insurance coverage for life, accident, short-term and long-term disability, and travel insurance.
  • Financial benefits such as Employee Stock Purchase Plan (ESPP) and 401(k) with company matching.
  • Paid holidays, paid time off ranging from 20 to 35 days, family and medical leaves, and parental leave.
  • Additional benefits including commuting benefits, Employee Discount Program, Employee Assistance Program (EAP), and childcare benefits.

Working at Baxter International

Baxter is committed to creating a workplace where employees are happy, successful, and inspired. The company values diversity, inclusion, and flexibility, supporting work-life balance through flexible workplace policies. Baxter fosters a mission-driven environment focused on saving and sustaining lives, encouraging innovation, ownership, and collaboration among its teams.

Apply Now

Job Details

Posted AtJun 4, 2025
Salary152k-190k
Job TypeFull Time
Work ModeHybrid
ExperienceSenior

About Baxter International

Website

baxter.com

Company Size

10000+ employees

Location

Deerfield, IL

Industry

Medical Equipment and Supplies Manufacturing

Get job alerts

Set up personalized alerts for your job search and get tailored job digests for close matches