Executive Director, Translational Biomedicine

University Of Michigan; Ann Arbor (MI); On-site; USD 150,000 - 230,000; Full time

Benefits offered by this job

Hybrid work options

Comprehensive benefits

Job summary

The University of Michigan's Coulter Translational Research Partnership seeks a dynamic Managing Director (CMD) in Biomedical Engineering to lead translational funding and commercialization efforts. You will identify high-potential projects, coordinate internal resources, and manage relationships with industry, academia, and oversight committees.

You will oversee strategic planning, funding cycles, and annual goals, while ensuring execution with strong supervision and stakeholder engagement

Qualifications

• Advanced degree in medicine, sciences, engineering, or other STEM fields.
• 5+ years of professional experience in biomedical product development or project management in industry, or in commercializing technology.
• In-depth understanding of current strategies, requirements and implementation practices for technology adoption and entrepreneurial development in a life sciences related market.
• Demonstrated experience in strategy planning and execution.
• Exceptional project management, relationship building, and public relations skills.
• Excellent organizational and communication skills.
• Demonstrated supervisory skills.
• Demonstrated history of attention to detail, results-oriented mindset, ability to prioritize and to work well independently.
• Strong network of industry contacts.
• Demonstrated history of success working with and leading teams and positive relationship-building with stakeholders at all levels.
• Experience developing proposals, preparing and delivering technical presentations, and overseeing grant and contract budgets.
• High energy, enthusiastic and self-motivated professional.

Responsibilities

• Outreach/partnership building with Engineering and Clinician faculty, department chairs, other translational programs, and Innovation Partnerships to identify viable project leads for Coulter funding.
• Develop and implement strategies to foster collaborations with the University of Michigan Law, Business, Medical and Dental Schools.
• Maintain a working knowledge of other translational and gap funding programs both within the university and in the local community that can assist with the advancement of Coulter funded projects.
• Serve as a resource for the BME Industry Liaison and BME educational programs to facilitate relationships between industry and the BME Department.
• Assist faculty with project proposal preparation and their execution, including milestone optimization, revision and completion, relative to translational goals.
• Coordinate internal and external commercialization resources including prototype development, access to testing facilities, and external business consulting firms.
• Build and maintain strong working relationships with the University of Michigan's Innovation Partnerships to advance project intellectual property, pre-license and license negotiation activities.
• Build relationships with medical device industry leaders and business development executives, venture capitalists, and Coulter Oversight Committee members to generate feedback and opinions on projects under evaluation and secure guidance and exit leads for funded projects.
• Work with Chair on vision setting and strategic planning for Coulter program direction and annual goals for project advancements and progress towards metrics.
• In collaboration with the Department Chair, sustain a leadership role for the Coulter Program at the University of Michigan and in the broader local business environment to ensure visibility and sustainability.
• Foster relationships with Oversight Committee members, and external industry advisors to garner participation and support.
• Serve as primary contact with the Coulter Oversight Committee.
• Prepare progress and performance reports as necessary for administrative oversight of the program.
• Budget planning for the $1M+ program budget for annual translational research funding cycle and program operations.
• Timeline development for project solicitation, assessment, selection, and reviews.
• Manage oversight of program funds, including those designated to assist with commercialization strategy development.
• Develop, direct use of, and monitor annual and expenditures, including oversight for funded research projects.
• Manage resources and resource allocation, including financial management and budget preparation, facilities, grant administration, technology transfer, human resources, etc.

Skills

Project management

Strategic planning

Relationship building

Public relations

Communication skills

Education

Advanced degree in medicine/sciences/engineering

PhD or MBA (desired)

Job description

The University of Michigan's Coulter Translational Research Partnership seeks a dynamic Managing Director (CMD) in Biomedical Engineering to lead translational funding and commercialization efforts. You will identify high-potential projects, coordinate internal resources, and manage relationships with industry, academia, and oversight committees.

You will oversee strategic planning, funding cycles, and annual goals, while ensuring execution with strong supervision and stakeholder engagement