Associate Director, Corporate Development – TCR2 Therapeutics – Cambridge, MA

At TCR² Therapeutics Inc, our inclusive and diverse team is passionate about curing cancer. We are a clinical-stage immunotherapy company pioneering the development of novel T cell therapies. Our two lead cell product candidates are being studied in Phase 1/2 trials: TC-210 for solid tumors and TC-110 for hematological malignancies. Our research efforts focus on broadening our pipeline with a series of next-generation enhancements that may further improve clinical outcomes. We are headquartered in Cambridge, Massachusetts and have a clinical manufacturing facility in Stevenage, UK. This role is located in Cambridge, MA.

We are growing and hiring a results-oriented Associate Director of Corporate Development who will be collaborating with the Executive and R&D leadership to source, evaluate, and manage strategic growth initiatives and Business Development opportunities. Reporting to the Head of Corporate Development you will be working on meaningful deal workstreams including due diligence, financial modeling, and communications. You are likely to have had significant strategy, consulting and/or transaction experience in Healthcare (ideally in oncology and cell therapy). This represents an excellent opportunity to join a rapidly growing organization in which you will have meaningful direct exposure and visibility to the most senior leadership to further your career.

Responsibilities:

• You will partner with the CEO, CFO and other leaders as a key advisor in developing long-range strategic plans for the company, translating strategy into tactical plans, and identifying and executing opportunities that bring those tactical plans to life
• You will evaluate the cell therapy and oncology industry landscapes to identify strategic opportunities and risks and to generate potential corporate development opportunities
• You will support corporate development strategy including assessment and execution of business development opportunities that fit within the overall corporate strategy
• You will propose licensing, acquisition and alliance opportunities which advance and enhance the company’s position in the marketplace. This will including building & maintaining a business development funnel of opportunities and industry comparables
• You will lead certain negotiations and partnering discussions, often without direct supervision, with the aim of attaining suitable terms and conditions with partners program(s) based upon commercial, scientific, and financial analysis.
• You will review term sheets, proposals and presentations for executing business development transactions

• You will gather and analyze inputs from the competitive landscape, market research and comparable deal terms to create financial models for decision making
• You will work with the scientific and legal teams to evaluate business development and other strategic opportunities. You will help prepare and coordinate multifunctional assessments of external opportunities (i.e. patents, technological strength, development costs and timelines, competitiveness, economic potential, development and marketing risks …) and help negotiate contracts in close alignment with the legal department
• You will support alliance management, staying abreast of upcoming deliverables and ensuring that contractual obligations are met by effectively understanding and communicating such obligations both internally and externally
• You will often act as the prime point of contact for TCR2 and coordinate interfaces with senior management, the academic community, other biotech companies and pharmaceutical companies as well as venture capitalists and various industry consultants, investors and subject-matter experts

Requirements:

• Bachelor’s Degree in business or science discipline required. Advanced degree (MBA, MD, PhD, PharmD) strongly preferred
• 5+ years of search & evaluation, business development and/or corporate strategy experience in the biopharma/life sciences industry and/or consulting. Top-tier strategy consulting is highly preferred
• Proven understanding of the business development deal process, including deal structure development, due diligence, negotiations, and completing transactions, as well as evaluating pharmaceutical licensing opportunities.
• Experience in licensing transactions for cell therapy and/or oncology technologies or early-stage products is a plus
• Strong financial modeling capabilities, including typical valuation methods and understanding of financial fundamentals required
• Oncology, cell therapy, and/or immunology expertise a plus
• Results-oriented with solid analytical skills required to understand and challenge inputs into evaluations and build business cases
• Demonstrated ability to build rapport with and influence therapeutic and functional area leaders. Ability to build consensus between multiple internal/external partners, functions, and stakeholders
• Superb project management skills; attention to detail, strong organizational and follow-up skills
• Strong scientific/medical aptitude; ability to articulate complex scientific/medical concepts in a clear and concise manner and maintain credibility with internal and external scientific and business experts
• Entrepreneurial self-starter who thrives in a dynamic, fast-paced environment and “roll-up your sleeves” culture