Associate Director, GRACS BD

Job Description The incumbent is responsible for representing Global Regulatory Affairs and Clinical Safety (GRACS) on business development transactions from deal initiation through potential signing and transition execution support. More specifically, this position will manage the GRACS activities for business development stages of strategy, evaluation, due diligence, contracting, and implementation support. The deal types largely reflect, but are not limited to, acquisitions, licensing, and collaborations. Throughout the business development lifecycle, the incumbent partners with appropriate functional areas within GRACS as well as Business Development, Clinical Research, Legal, and Alliance Management to support diligence, execution, and management of Business Deals. Support the drafting, negotiation, execution, and maintenance of both master agreements as well as regulatory agreements, amendments, side letters, and other contractual forms. Coordinates and conducts due diligence on business development activities for all projects with GRACS functional area subject matter experts. Recruits and onboards due diligence team members to the due diligence project, facilitates discussions with GRACS due diligence team members to identify gaps and risks, tracks progress and coordinates GRACS due diligence summary reports, ensures GRACS Leadership is made aware of critical due diligence findings as needed, and liaises with GRACS Portfolio and Prioritization group to support GRACS resource estimation. Responsible for reviewing commercial contracts and collaborating with the Corporate Business Development and GRACS SMEs to negotiate the GRACS-related contract language with the partner. Charter and manage deal-specific GRACS implementation teams comprised of representatives from the impacted functions/ processes; responsibility will include (a) utilizing project management tools to drive development of implementation project plans; (b) identifying & ensuring cross-functional alignment of interdependent activities; and (c) driving execution of the plans through to project close-out. Where an ongoing relationship is maintained with the business partner, the incumbent will be responsible for serving as the point of contact for all alliance management issues including contractual questions related to ongoing GRACS activities and as required, lead execution and support of ancillary agreement creation, such as regulatory agreements. Conduct/oversee ongoing relevant partner diligence. Support any other work related to BD activities including updating BD projects and contracts within the Business Development Lifecycle Management system. Education Requirements: Bachelor's Degree Required Skills: Adaptability, Adaptability, Agreement Management, Budget Management, Business Development, Change Management, Clinical Leadership, Community Relations, Contract Processing, Cross-Cultural Awareness, Cross-Functional Project Management, Data Management, Employee Training Programs, FDA Regulations, Partner Relationship Management (PRM), Partnership Development, People Management, Pharmacovigilance, Policy Implementation, Project Implementations, Project Management, Project Management Methodology (PMM), Project Management Tools, Project Planning, Project Resource Management {+ 9 more} Preferred Skills: 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. 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 The salary range for this role is $129,000.00 - $203,100.00 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 <