CHICAGO, IL, 60007, US
UNITED STATES OF AMERICA-MICHIGAN-PORTAGE
Job details
Work flexibility: Hybrid
Req ID: R542550
Employee type: Full Time
Job category: Corporate Development
Travel: 30%
Relocation: Yes
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Why join Stryker?
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Job description
What you will do:
As the Manager of Business Development, you will be responsible for supporting inorganic strategy development and M&A activity for Sage, a business unit of the multi-billion-dollar Medical Division of Stryker. You will work closely with other departments, particularly finance, R&D, and marketing, to create both financial models and presentations to explain and justify potential investment opportunities to senior Stryker leadership. Core responsibilities include:
- Evaluating Growth Opportunities – Partner with senior leadership to assess expansion into core, adjacent, and new markets from concept through recommendation.
- Strategic Planning – Lead development of the annual BD Strategic Plan, aligning with enterprise goals and collaborating with R&D and Marketing.
- Market & Asset Research – Conduct ongoing research to maintain insights on priority segments, top assets, customer trends, and market dynamics.
- Due Diligence Leadership – Manage cross-functional teams and external advisors through transaction due diligence processes.
- Valuation & Financial Modeling – Develop detailed valuation analyses, including discounted cash flow, merger models, and leveraged buyouts, with support from BD Analysts.
- Tracking & Reporting – Maintain internal databases and CRM tools to monitor BD opportunities, industry trends, and competitive intelligence.
- Operational Excellence – Ensure budget discipline, foster a collaborative and transparent culture, and deliver high-quality stakeholder support.
What you need:
Required
- Bachelor’s degree
- 8 years of professional experience in related investment banking, management consulting, strategic marketing, corporate finance position(s), or relevant industry
- Knowledge and experience in leading strategic research projects that drive tangible recommendations and outcomes
- Superior analytical skills, specific experience with valuation modeling, strategic planning, intellectual property assessment, and market sizing and trend analyses
Preferred
- Experience in business/corporate development or strategic marketing groups
Health benefits include: Medical and prescription drug insurance, dental insurance, vision insurance, critical illness insurance, accident insurance, hospital indemnity insurance, personalized healthcare support, wellbeing program and tobacco cessation program. Financial benefits include: Health Savings Account (HSA), Flexible Spending Accounts (FSAs), 401(k) plan, Employee Stock Purchase Plan (ESPP), basic life and AD&D insurance, and short-term disability insurance. Stryker offers innovative products and services in MedSurg, Neurotechnology and Orthopaedics that help improve patient and healthcare outcomes. Alongside its customers around the world, Stryker impacts more than 150 million patients annually. Depending on customer requirements employees and new hires in sales and field roles that require access to customer accounts as a function of the job may be required to obtain various vaccinations as an essential function of their role.
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