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Catalyst Discovery & Translation Analyst (Hybrid)

School of Medicine, Stanford, California, United States

Administration

Post Date Sep 09, 2024

Requisition # 104527

Stanford Medicine Catalyst is seeking a talented and motivated Catalyst Business Analyst to join our Operations & Discovery team. Our program was established to foster and propel the groundbreaking innovation that emerges from Stanford University. We carefully select inventions and ideas with the greatest potential to revolutionize global health and biomedicine. Once selected for Catalyst, we provide comprehensive support to these projects, enabling them to evolve and prepare for commercialization through pilot projects, prototyping, deployment in active health systems, business planning, market analysis, and connections with the investment community. We leverage the full range of resources and capabilities at Stanford, including the University and our health systems, Stanford Health Care and Stanford Children's Health. The Catalyst program was formed as part of the Stanford Medicine Integrated Strategic Plan and supported by the Dean of the School of Medicine and the two CEOs of the health systems.

Joining Stanford Medicine Catalyst means being at the forefront of inventing the future and making a tangible impact on the lives of patients worldwide. As a Catalyst Business Analyst, you will play a crucial role in the program management of evaluating Stanford's innovations, and you will directly engage with an extraordinary range of individuals. Your work will involve administering programs and functions with minimal supervision, focusing on identifying and validating medical innovations within the Stanford Medicine clinical areas, and working directly with project teams to help them realize their full potential.

The primary responsibility of the Business Analyst will be assisting in the selection process for candidate projects, evaluating their potential for success. This role will prepare documents, presentations, spreadsheets, reports and emails that summarize the business analyst’s work, and be a primary partner for strategic decision-making involving the selection of inventions / ideas as Catalyst Projects. In addition to project selection, there will be opportunities to contribute to the continued development of selected projects. To excel in this role, you should possess a deep passion for healthcare, a strong understanding of the healthcare startup landscape, and the ability to effectively communicate with brilliant entrepreneurs.

If you are excited about driving transformative change in healthcare, collaborating with top-tier innovators, and making a global impact, we invite you to join us at Stanford Medicine Catalyst. Together, we will shape the future of healthcare innovation and improve the lives of countless patients.

This is a hybrid position and you will be onsite two to three days a week in Redwood City and/or Palo Alto.

Duties include:

• Evaluate planning and business development for translational projects. Identify issues, partners, and develop business models, pitch decks, lead strategic partnership discussions, fundraising, and team-building efforts

• Assist in executing the Catalyst Evaluation process for projects seeking entry into the Catalyst program.

• Conduct market analysis and competitive analysis as part of due diligence.

• Review and evaluate business plans, IT systems, and data analysis.

• Ensure alignment with Stanford University and perform SWOT analysis.

• Aggregate relevant data for the Discovery team's due diligence process.

• Provide valuable insights during discussions about potential Catalyst projects.

• Participate in assessing projects and providing recommendations to Stanford Medicine Leaders/Deans/CEOs/CSO for review and approval.

• Review and analyze trends, providing recommendations to achieve or modify program or function goals.

• Represent the program or function within the department, unit, or school.

• Allocate resources, provide information, training, and support.

• Represent the program or function to external/internal stakeholders and constituencies.

• Organize and schedule interviews with prospective Catalyst projects.

• Manage and contribute to the development of outreach strategies, including relationship development and communications.

• Collaborate with Stanford Medicine Communications team to ensure effective representation of Stanford Medicine Catalyst in external and internal communications.

• Support current cohort projects with competitive analysis and business plan formation.

• Synthesize information from various sources and provide market reports on healthcare fields relevant to Stanford Medicine Catalyst project teams.

• Assist in building slide decks and executive reports for the Executive Director and Discovery team.

• Maintain and update the Catalyst program's website.

• Gather and aggregate data to analyze cohort trends and applicant information for the Catalyst team.

*- Other duties may also be assigned

Primary Characteristics

• A passion for health care.

• A passion for the health care startup marketplace.

• Avid reader of health care entrepreneurial news streams.

• Analytical, and you have a passion for data.

• You understand entrepreneurs and what they are going through.

• You can bridge the needs and language of an academic medical center and industry.

DESIRED QUALIFICATIONS:

• Bachelor’s in Business, Science, or related field.

• Master’s degree in related field.

• Strong technical / quantitative skills with demonstrated ability to executive complex analysis.

• Ability to communicate effectively with senior management / executives.

• Proficiency and / or experience with the following software: Google Suite, MS Office (Excel, Word, PowerPoint), Airtable, Smartsheets, Mural, Lucidchart, Tableau and Illustrator a plus.

• Experience working in Salesforce or similar Client Relationship Management / Marketing (CRM) software.

• Experience managing projects / programs with successful delivery to deadlines.

EDUCATION & EXPERIENCE (REQUIRED):

Bachelor's degree and five years of relevant experience, or combination of education and relevant experience.

KNOWLEDGE, SKILLS AND ABILITIES (REQUIRED):

• Demonstrated ability to establish priorities, manage shifting priorities, and handle numerous time-sensitive projects with multiple deadlines.

• Ability to accomplish goals working through formal and informal channels, with diplomacy and tactfulness.

• Demonstrated creativity, problem solving, critical analysis, initiative, judgment and decision-making skills.

• Demonstrated ability to develop and meet budget goals.

• Demonstrated solid planning and organizational skills.

• Demonstrated experience working independently and as part of a team.

• Excellent interpersonal, written and oral communication skills.

• Strong relevant subject matter knowledge.

• Ability to direct the work of others, for jobs requiring supervision.

PHYSICAL REQUIREMENTS*:

• Constantly perform desk-based computer tasks.

• Frequently stand/walk, sitting, grasp lightly/fine manipulation.

• Occasionally use a telephone.

• Rarely lift/carry/push/pull objects that weigh 11-20 pounds.

*- Consistent with its obligations under the law, the University will provide reasonable accommodation to any employee with a disability who requires accommodation to perform the essential functions of his or her job.

WORK STANDARDS:

• Interpersonal Skills: Demonstrates the ability to work well with Stanford colleagues and clients and with external organizations.

• Promote Culture of Safety: Demonstrates commitment to personal responsibility and value for safety; communicates safety concerns; uses and promotes safe behaviors based on training and lessons learned.

• Subject to and expected to comply with all applicable University policies and procedures, including but not limited to the personnel policies and other policies found in the University's Administrative Guide,http://adminguide.stanford.edu.

At Stanford University, base pay represents only one aspect of the comprehensive rewards package. The Cardinal at Work website (https://cardinalatwork.stanford.edu/benefits-rewards) provides detailed information on Stanford's extensive range of benefits and rewards offered to employees. Specifics about the rewards package for this position may be discussed during the hiring process.

Consistent with its obligations under the law, the University will provide reasonable accommodations to applicants and employees with disabilities. Applicants requiring a reasonable accommodation for any part of the application or hiring process should contact Stanford University Human Resources by submitting a contact form.Link

Stanford is an equal employment opportunity and affirmative action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status, or any other characteristic protected by law.

The job duties listed are typical examples of work performed by positions in this job classification and are not designed to contain or be interpreted as a comprehensive inventory of all duties, tasks, and responsibilities. Specific duties and responsibilities may vary depending on department or program needs without changing the general nature and scope of the job or level of responsibility. Employees may also perform other duties as assigned.

The expected pay range for this position is $95K to $141K per annum.

Stanford University provides pay ranges representing its good faith estimate of what the university reasonably expects to pay for a position. The pay offered to a selected candidate will be determined based on factors such as (but not limited to) the scope and responsibilities of the position, the qualifications of the selected candidate, departmental budget availability, internal equity, geographic location and external market pay for comparable jobs.

Additional Information

• Schedule: Full-time

• Job Code: 4122

• Employee Status: Regular

• Grade: J

• Requisition ID: 104527

• Work Arrangement : Hybrid Eligible