Director, Open Innovation Business Development, L'Oréal Research & Innovation
L'Oréal, Clark, NJ, United States
Director, Open Innovation Business Development, L'Oréal Research & Innovation - Clark, New Jersey
Responsibilities
Support all Business Development & Licensing activities for L’Oreal Research & Innovation in North America, working closely with a cross functional deal team, key internal stakeholders and global counterparts
Define and negotiate the business model of our partnerships with startups and academics
Identify new growth opportunities based on emerging science and technology with the potential to impact our industry within a 5-10 year horizon
Perform analysis of industry trends, intellectual property, financial models and scientific landscape
Communicate key findings and recommendations to internal stakeholders to drive the due diligence process forward effectively
Build and maintain a robust network of startups, academics, accelerators, incubators and KOL’s operating in the relevant scientific fields and industries
Qualifications
Education: A completed MS or PhD in science or engineering required (MBA and/or JD a plus)
Experience: 8+ years relevant business development and licensing work experience is required
Advanced knowledge of Business Development & Licensing activities (IP, Legal, contracts, etc.)
Strong communication, analytical, interpersonal and negotiation skills, coupled with strategic awareness of products, consumers, customers, and channels
Track record of closing high quality partnering opportunities, investments, licenses, acquisitions
Experience working with international partners and colleagues highly preferred
Strong knowledge in relevant scientific/technical fields and familiarity with latest technologies
Ability to work with, and influence, external technical experts and internal decision makers
Strong analytical, problem solving, and alliance management skills
The ability to be onsite, in the office as this is an essential function of the position (required)
Ability to travel 25% of the time to support business development needs (domestically and internationally)
Authorization to work in the United States on a full-time, permanent, ongoing basis without the need for legal sponsorship now or in the future (required)
Benefits
A place for you to leave your comfort zone and grow beyond your potential (here, you’ll be encouraged to try new things and take risks!)
Real responsibility from day 1, there’s no sitting on the sidelines at L’Oréal
An environment where people of every ethnicity, social background, age, religion, gender and sexual orientation as well as people with disabilities are accepted, can speak up, will thrive and are celebrated!
A place where you can contribute to something bigger! Many of our brands have societal /environmental causes to make concrete difference
Base Salary Range: $126,900 - $184,000 (The actual compensation will depend on a variety of job-related factors which may include geographic location, work experience, education, and skill level)
Competitive Benefits Package (Medical, Dental, Vision, 401K, Pension Plan)
Hybrid Work Policy (Up to 2 Days per week work from home for eligible roles, subject to manager approval)
Flexible Time Off (Paid Company Holidays, Paid Vacation, Vacation Buy Program, Volunteer Time, Summer Fridays & More!)
Access to Company Perks (VIP Access to L’Oréal’s Internal Shop for Discounted Products, Monthly Mobile Allowance)
Learning and Development Opportunities (Unlimited Access to E-learnings, Lunch & Learn Sessions, Mentorship Programs, & More!)
Employee Resource Groups (Think Tanks and Innovation Squads)
Access to Mental Health & Wellness Programs
Equal Opportunity Employer We are an Equal Opportunity Employer and take pride in a diverse environment. We’re committed to guaranteeing inclusive recruitment processes and advocating for hiring and promoting each candidate in an ethical and equitable way. The Group strictly prohibits discrimination against any applicant for employment because of the individual’s gender identity or expression, sexual orientation, visible and/or invisible disabilities, socio-economic and/or multicultural origins, health conditions, age, religion, or any other characteristics protected by law.
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Support all Business Development & Licensing activities for L’Oreal Research & Innovation in North America, working closely with a cross functional deal team, key internal stakeholders and global counterparts
Define and negotiate the business model of our partnerships with startups and academics
Identify new growth opportunities based on emerging science and technology with the potential to impact our industry within a 5-10 year horizon
Perform analysis of industry trends, intellectual property, financial models and scientific landscape
Communicate key findings and recommendations to internal stakeholders to drive the due diligence process forward effectively
Build and maintain a robust network of startups, academics, accelerators, incubators and KOL’s operating in the relevant scientific fields and industries
Qualifications
Education: A completed MS or PhD in science or engineering required (MBA and/or JD a plus)
Experience: 8+ years relevant business development and licensing work experience is required
Advanced knowledge of Business Development & Licensing activities (IP, Legal, contracts, etc.)
Strong communication, analytical, interpersonal and negotiation skills, coupled with strategic awareness of products, consumers, customers, and channels
Track record of closing high quality partnering opportunities, investments, licenses, acquisitions
Experience working with international partners and colleagues highly preferred
Strong knowledge in relevant scientific/technical fields and familiarity with latest technologies
Ability to work with, and influence, external technical experts and internal decision makers
Strong analytical, problem solving, and alliance management skills
The ability to be onsite, in the office as this is an essential function of the position (required)
Ability to travel 25% of the time to support business development needs (domestically and internationally)
Authorization to work in the United States on a full-time, permanent, ongoing basis without the need for legal sponsorship now or in the future (required)
Benefits
A place for you to leave your comfort zone and grow beyond your potential (here, you’ll be encouraged to try new things and take risks!)
Real responsibility from day 1, there’s no sitting on the sidelines at L’Oréal
An environment where people of every ethnicity, social background, age, religion, gender and sexual orientation as well as people with disabilities are accepted, can speak up, will thrive and are celebrated!
A place where you can contribute to something bigger! Many of our brands have societal /environmental causes to make concrete difference
Base Salary Range: $126,900 - $184,000 (The actual compensation will depend on a variety of job-related factors which may include geographic location, work experience, education, and skill level)
Competitive Benefits Package (Medical, Dental, Vision, 401K, Pension Plan)
Hybrid Work Policy (Up to 2 Days per week work from home for eligible roles, subject to manager approval)
Flexible Time Off (Paid Company Holidays, Paid Vacation, Vacation Buy Program, Volunteer Time, Summer Fridays & More!)
Access to Company Perks (VIP Access to L’Oréal’s Internal Shop for Discounted Products, Monthly Mobile Allowance)
Learning and Development Opportunities (Unlimited Access to E-learnings, Lunch & Learn Sessions, Mentorship Programs, & More!)
Employee Resource Groups (Think Tanks and Innovation Squads)
Access to Mental Health & Wellness Programs
Equal Opportunity Employer We are an Equal Opportunity Employer and take pride in a diverse environment. We’re committed to guaranteeing inclusive recruitment processes and advocating for hiring and promoting each candidate in an ethical and equitable way. The Group strictly prohibits discrimination against any applicant for employment because of the individual’s gender identity or expression, sexual orientation, visible and/or invisible disabilities, socio-economic and/or multicultural origins, health conditions, age, religion, or any other characteristics protected by law.
#J-18808-Ljbffr