Associate Director, New Ventures, Life Sciences

Position Details

Position Information

Recruitment/Posting Title	Associate Director, New Ventures, Life Sciences
Job Category	Staff & Executive - Research (Laboratory/Non-Laboratory)
Department	Tech Transfer / New Ventures
Overview	Rutgers, The State University of New Jersey, is a leading national research university and the State of New Jersey’s preeminent, comprehensive public institution of higher education. As one of the largest employers in the State of New Jersey, Rutgers University is committed not only to the students and the State that we serve, but also to the faculty and staff who work on our campuses. For two consecutive years, Rutgers is ranked on Forbes’ list of America’s Best Large Employers. Rutgers holds #64 of 500 employers and is the #1 New Jersey employer on the publication’s 2023 list. Rutgers’ commitment to its employees includes maintaining and fostering a safe, diverse, and respectful workplace environment, creating employment opportunities for our nation’s military veterans, and ensuring accessibility and accommodation for individuals with disabilities.
Posting Summary	Rutgers, The State University of New Jersey, is seeking an Associate Director for the Office of New Ventures – Life Sciences Department. This position will be responsible for building, attracting matching funds from angel investors, seed investors and traditional venture capitalists. Among the key duties of this position are the following: Assists the Executive Director in creating a life sciences mentoring program comprised of experienced life sciences executives, entrepreneurs, service providers and others who could provide Rutgers life sciences start-ups with advice and support. The mentors may also be candidates for a founder/management position in Rutgers life sciences start-ups. Reports to and works very closely with the Executive Director, New Ventures.
Position Status	Full Time
Hours Per Week
Daily Work Shift	Day
Work Arrangement
FLSA	Exempt
Grade	09
Position Salary
Annual Minimum Salary	116658.000
Annual Mid Range Salary	147658.000
Annual Maximum Salary	178658.000
Standard Hours	37.50
Union Description	Admin Assembly (MPSC)
Payroll Designation	PeopleSoft
Benefits	Rutgers offers a comprehensive benefit program to eligible employees. For details, please go to http://uhr.rutgers.edu/benefits/benefits-overview .
Seniority Unit
Terms of Appointment	Staff - 12 month
Position Pension Eligibility	ABP

Qualifications

Minimum Education and Experience	B. Sc. Life Sciences Degree. A minimum of 7 years’ experience in all aspects of life sciences start-up creation and venture funding.
Certifications/Licenses
Required Knowledge, Skills, and Abilities	A track record of successful collaboration with university researchers in research commercialization. Deal-making experience in the life sciences. A minimum of 7 years of negotiating complex start up life sciences agreements. A minimum of 7 years of experience in creating and developing university life sciences start-ups. Extensive interaction and established relationships with entrepreneurs, investors, and corporate lawyers. A significant deal sheet directly related to university life sciences start-up deals.
Preferred Qualifications	A Graduate degree in management or business (preferably an MBA or J.D.).
Equipment Utilized
Physical Demands and Work Environment	Office environment
Special Conditions

Posting Details

Posting Number	24ST0377
Posting Open Date	02/15/2024
Special Instructions to Applicants
Regional Campus	Rutgers University-New Brunswick
Home Location Campus	Off Campus
City	Piscataway
State	NJ
Location Details

Pre-employment Screenings

All offers of employment are contingent upon successful completion of all pre-employment screenings.

Immunization Requirements

Under Policy 60.1.35 Immunization Policy for Rutgers Employees and Prospective Employees , Rutgers University requires all prospective employees to provide proof that they are vaccinated against COVID-19 prior to commencement of employment, unless the University has granted the individual a medical or religious exemption. Rutgers University may require certain prospective employees to receive an updated (bivalent) vaccine dose. Under Policy 100.3.1 Immunization Policy for Covered Individuals , if employment will commence during Flu Season, Rutgers University may require certain prospective employees to provide proof that they are vaccinated against Seasonal Influenza for the current Flu Season, unless the University has granted the individual a medical or religious exemption. Additional infection control and safety policies may apply. Prospective employees should speak with their hiring manager to determine which policies apply to the role or position for which they are applying. Failure to provide proof of vaccination for any required vaccines or obtain a medical or religious exemption from the University will result in rescission of a candidate’s offer of employment or disciplinary action up to and including termination.

Affirmative Action/Equal Employment Opportunity Statement

It is university policy to provide equal employment opportunity to all its employees and applicants for employment regardless of their race, creed, color, national origin, age, ancestry, nationality, marital or domestic partnership or civil union status, sex, pregnancy, gender identity or expression, disability status, liability for military service, protected veteran status, affectional or sexual orientation, atypical cellular or blood trait, genetic information (including the refusal to submit to genetic testing), or any other category protected by law. As an institution, we value diversity of background and opinion, and prohibit discrimination or harassment on the basis of any legally protected class in the areas of hiring, recruitment, promotion, transfer, demotion, training, compensation, pay, fringe benefits, layoff, termination or any other terms and conditions of employment. For additional information please see the Non-Discrimination Statement at the following web address: http://uhr.rutgers.edu/non-discrimination-statement