Associate Director, Strategic Options and Assessment
BRISTOL MYERS SQUIBB CO · New Jersey
📍 Princeton - NJ - US💰 $185,400via workday
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Working with Us
Challenging. Meaningful. Life-changing. Those aren’t words that are usually associated with a job. But working at Bristol Myers Squibb is anything but usual. Here, uniquely interesting work happens every day, in every department. From optimizing a production line to the latest breakthroughs in cell therapy, this is work that transforms the lives of patients, and the careers of those who do it. You’ll get the chance to grow and thrive through opportunities uncommon in scale and scope, alongside high-achieving teams. Take your career farther than you thought possible.
Bristol Myers Squibb recognizes the importance of balance and flexibility in our work environment. We offer a wide variety of competitive benefits, services and programs that provide our employees with the resources to pursue their goals, both at work and in their personal lives. Read more: careers.bms.com/working-with-us .
Employer: Bristol-Myers Squibb Company
Job Title: Associate Director, Strategic Options and Assessment
Location: 3401 Princeton Pike, Lawrenceville, NJ 08648
Wage Range: $185,400.00 - $226,670.00
Bristol-Myers Squibb Company is hiring a(n) Associate Director, Strategic Options and Assessment (in Lawrenceville, NJ).
Duties: Enable value-driven decisions, aid Global Program Teams (GPTs) and decision makers in strategic framing to quantify risk profiles and generate valuation analyses of possible development paths. Empower high-quality decision making, derive insights into the trade-offs among clinical trial development options, and clearly communicate findings to company leadership to impact opportunity level, asset level, therapeutic area level, and enterprise level decision making and maximize pipeline value. Independently apply therapeutic area expertise, statistical risk assessment (probability of technical success monte carlo modeling), and financial analysis to drive the organization toward high-quality investment decisions at the opportunity and asset level using quantitative models and processes, conducting workshops, and facilitating discussions as a strategic partner to the Global Program Lead (GPL). Manage large workload, covering multiple asset teams which may cover multiple therapeutic areas. Provide timely updates on projects and TA at internal SOA meetings and use project management tools to track progress and achievements. Establish and maintain healthy working relationships with key stakeholders influencing decisions and prioritizing work. Telecommuting permitted up to 50%.
Requirements: Employer will accept a Master’s degree or foreign equivalent degree in Healthcare, Corporate Finance, Analytics, Business Administration, or a related field, and three (3) years of related work experience as a Business Intelligence Analyst or related occupation.
One (1) year of experience with/in:
• Portfolio-level value framing to senior leaders using large data sets, Excel, Powerpoint, and Thinkcell in the Cardiovascular and Immunology therapeutic areas;
• Utilizing search tools such as PubMed and ClinicalTrials.gov for data analysis, data interpretation, and research into clinical study outcomes within the Cardiovascular and Immunology
therapeutic areas;
• Analyzing complex financial datasets and building valuation and forecasting models, using advanced Excel features such as charts and pivot tables;
• Optimizing clinical trial designs to maximize value through valuation using Excel and Palisade Decision Tools Suite.
• Creating decision trees for clinical trials using Palisade Decision Tools Suite (PrecisionTree);
• Governance processes relating to mid-stage and late-stage drug development processes;
• Conducting Monte Carlo simulations and biostatistical analysis of probability of technical success for Phase 2 and Phase 3 clinical trial outcomes using @RISK; and
• Conducting data analysis, data simplification, and storytelling using thinkcell for late-stage drug development trial Phase 2 studies and Trial Phase 3 studies to gain budget approval.
Additionally, employees are eligible for an annual discretionary bonus, and benefits including Additionally, employees are eligible for an annual discretionary bonus, and benefits including healthcare, leave benefits, and retirement benefits. BMS operates a pay-for-performance compensation philosophy and your total compensation may vary based on role, location, and firm, department and individual performance.
Benefit offerings are subject to the terms and conditions of the applicable plans in effect at the time and may require enrollment. Our benefits include:
Health Coverage: Medical, pharmacy, dental, and vision care.
Wellbeing Support: Programs such as BMS Well-Being Account, BMS Living Life Better, and Employee Assistance Programs (EAP).
Financial Well-being and Protection: 401(k) plan, short- and long-term disability, life insurance, accident insurance, supplemental health insurance, business travel protection, personal liability protection, identity theft benefit, legal support, and survivor support.
Work-life benefits include:
Paid Time Off
US Exempt Employees: flexible time off (unlimited, with manager approval, 11 paid national holidays (not applicable to employees in Phoenix, AZ, Puerto Rico or Rayzebio employees)
Phoenix, AZ, Puerto Rico and Rayzebio Exempt, Non-Exempt, Hourly Employees: 160 hours annual paid vacation for new hires with manager approval, 11 national holidays, and 3 optional holidays
Based on eligibility*, additional time off for employees may include unlimited paid sick time, up to 2 paid volunteer days per year, summer hours flexibility, leaves of absence for medical, personal, parental, caregiver, bereavement, and military needs and an annual Global Shutdown between Christmas and New Years Day.
All global employees full and part-time who are actively employed a
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