Discovery & Translation Associate (Hybrid)
Company: Stanford University
Location: Palo Alto
Posted on: October 16, 2024
Job Description:
Discovery & Translation Associate (Hybrid)Stanford Medicine
Catalyst is seeking a talented and motivated Discovery &
Translation Associate 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.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 Discovery & Translation
Associate, you will play a critical role in the creation and
development of innovation projects within Stanford. You will
directly engage with an extraordinary range of individuals and
provide expert level consultation throughout their time in the
Catalyst program. Your work will focus on identifying and
validating medical innovations within the Stanford Medicine
clinical areas, and you will work directly with project teams to
help them realize their full potential as a standalone business
outside of Stanford.The primary responsibility of the Discovery &
Translation Associate will be to weigh in on the selection process
for candidate projects, evaluating their potential for success.
This role will be a 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.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:
- Execute on 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.
- Provide recommendations to Catalyst leadership
- Build executive reports and slide decks for the Executive
Director and Discovery team.
- Complete due diligence research and provide recommendations to
achieve or modify program or function goals.
- Gather and aggregate data to analyze cohort trends.
- Represent Catalyst within the department, unit, school and
outside the school with industry partners to develop and manage
outreach strategy. Maintain strong relationships through persistent
relational touch points, communication and compliance to build
partnerships on current and future Catalyst project teams
innovations.
- Allocate resources, provide information, training, and
support.
- Represent the program or function to external/internal
stakeholders and constituencies.
- Collaborate with Stanford Medicine Communications team to
ensure effective representation of Stanford Medicine Catalyst in
external and internal communications.
- Create 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.
- Prepare cohorts with pro forma projections, VC roadshow
material, go-to market strategies and marketability of the
innovation, prior to meeting potential VC connections to ensure
they achieve success in such presentations.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 deadlinesEDUCATION & EXPERIENCE (REQUIRED):Bachelor's
degree and eight years of relevant experience, or combination of
education and relevant experience.KNOWLEDGE, SKILLS AND ABILITIES
(REQUIRED):
- Demonstrated leadership skills and ability to influence and
motivate constituencies which could span multiple organizational
boundaries.
- Demonstrated excellent planning, organizational and analytical
skills.
- Demonstrated ability to make sound business decisions using
good business judgment and innovative and creative
problem-solving.
- Demonstrated ability to manage financial, organizational and
staff resources.
- Excellent interpersonal and communications skills with the
ability to cultivate professional and business
partnerships.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.WORKING CONDITIONS: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.
#J-18808-Ljbffr
Keywords: Stanford University, Vallejo , Discovery & Translation Associate (Hybrid), Other , Palo Alto, California
Didn't find what you're looking for? Search again!
Loading more jobs...