What are the responsibilities and job description for the Director, Life Sciences position at Alvarez & Marsal?
Description
Director, Life Sciences
Alvarez & Marsal (A&M) is a premier independent global professional services firm specializing in providing turnaround management, restructuring, performance improvement, and corporate advisory services.
At A&M, our Life Sciences practice provides a broad range of services for our clients who are operating in an industry with high risks and rewards. We understand the urgency of their business and put our expertise to work when they need it most - when there are no second chances, company futures are on the line, and past attempts must now succeed. When time is of the essence, our clients turn to us – trusting we have the experience and solutions to help them reach their goals. Goals like successfully navigating financial constraints, maximizing a key product launch to ensure that patients can access the medicines they need, or effectively scaling during periods of rapid growth. Come be part of a team that is making an impact on the lives of so many. Join us in making a difference.
Our team prides itself on sustaining a culture that reflects our core values. We value integrity, quality, and objectivity in our work. We believe every day is a choice, and so we like what we do and with whom we do it. We embrace diversity, foster inclusiveness, and reward merit. We encourage and support our employees and communities through ongoing investments from leadership, social and networking events, peer-to-peer networks, Employee Resource Groups, volunteer opportunities, and pro-bono work. We are committed to promoting an inclusive environment in which all can develop, grow, and be supported.
What will you be doing?
As a Director, you will be leading a team and acting as the main conduit between our clients and our team on a range of complex assignments. You will manage projects by overseeing interview activities, gathering relevant data, developing goals and deadlines, reviewing work products of junior staff, and communicating with clients directly.
The duties of a Director may vary depending on the client engagement but can include:
People who are personable, knowledgeable, entrepreneurial, and fun. A unique blend of qualities that cannot be fast-tracked into existence. With over a decade of experience in the life sciences industry, you thrive in solving the toughest problems and have the deftness to parachute into existing efforts and turn projects around. You value a supportive team atmosphere that values input from all members, regardless of their background or level of professional experience. You appreciate being around people who both challenge and support you.
Your professional experience shows in your demeanor, expertise, and creativity. You have a proven track record in assessing and managing risk. Identifying trends comes naturally to you. You understand the meaning of an increasingly interconnected world within healthcare. You are excited to look beyond your immediate sector and create innovative solutions, considering integrated markets and industries.
You possess desirable qualities such as being anticipatory, engaged, and respectful, which earn the respect of others. You might have had the chance to lead and manage a team. Your passion lies in helping others and delivering exceptional value. Your solutions not only work on paper but also in practice. You've achieved a lot and have the network, credentials, and achievements to prove it.
If you see yourself in this description, we want to hear from you!
How will you grow and be supported?
As a Director within the Life Sciences practice, you will have the opportunity to take your career to the next level by gaining invaluable industry experience while enhancing and expanding your skillset. Our team of experienced professionals will offer you developmental feedback and growth opportunities, allowing you to collaborate with experts and gain invaluable experience.
We prioritize the growth and development of each employee. We take a personalized approach by working with you to create a customized career development plan that caters to your unique needs and helps you progress in your career. Our training programs are a mix of live and virtual sessions, and we also provide best-in-class on-demand training. We offer on-the-job coaching to facilitate your learning, assign a transitional coach to help you adjust to the work environment, and pair you up with a mentor who will guide you throughout your career journey.
Alvarez & Marsal offers competitive benefits and opportunities to support your personal and professional development. Click to learn about our commitment to your well-being. A&M recognizes that our people drive our growth, and you will be provided with the best available training and development resources through formalized training and on-the-job training. Learn more about why A&M is a great place to work.
Compensation Statement:
The following is the annual base salary range, commensurate with experience: $170-$190k. In addition, A&M offers a discretionary bonus program which is based on a number of factors, including individual and firm performance. Please ask your recruiter for details.
Benefits Summary:
Regular employees working 30 or more hours per week are also entitled to participate in Alvarez & Marsal Holdings’ fringe benefits consisting of healthcare plans, flexible spending and savings accounts, life, AD&D, and disability coverages at rates determined from time to time as well as a 401(k) retirement plan. Provided the eligibility requirements are met, employees will also receive a discretionary contribution to their 401(k) from Alvarez & Marsal. Click here for more information regarding A&M’s benefits programs.
Alvarez & Marsal recruits on an ongoing basis. Candidates are considered as they apply, until the opportunity is filled. Candidates are encouraged to apply expeditiously to any role(s) that they are qualified for and that are of interest to them.
Diversity & Inclusion
A&M’s entrepreneurial culture celebrates independent thinkers and doers who can positively impact our clients and shape our industry. The collaborative environment and engaging work—guided by A&M’s core values of Integrity, Quality, Objectivity, Fun, Personal Reward, and Inclusive Diversity—are the main reasons our people love working at A&M. Inclusive Diversity means we embrace diversity, and we foster inclusiveness, encouraging everyone to bring their whole self to work each day. It runs through how we recruit, develop employees, conduct business, support clients, and partner with vendors. It is the A&M way.
Equal Opportunity Employer
It is Alvarez & Marsal’s practice to provide and promote equal opportunity in employment, compensation, and other terms and conditions of employment without discrimination because of race, color, creed, religion, national origin, ancestry, citizenship status, sex or gender, gender identity or gender expression (including transgender status), sexual orientation, marital status, military service and veteran status, physical or mental disability, family medical history, genetic information or other protected medical condition, political affiliation, or any other characteristic protected by and in accordance with applicable laws. Employees and Applicants can find A&M policy statements and additional information by region here.
Unsolicited Resumes from Third-Party Recruiters
Please note that as per A&M policy, we do not accept unsolicited resumes from third-party recruiters unless such recruiters are engaged to provide candidates for a specified opening and in alignment with our Inclusive Diversity values. Any employment agency, person or entity that submits an unsolicited resume does so with the understanding that A&M will have the right to hire that applicant at its discretion without any fee owed to the submitting employment agency, person or entity.
Director, Life Sciences
Alvarez & Marsal (A&M) is a premier independent global professional services firm specializing in providing turnaround management, restructuring, performance improvement, and corporate advisory services.
At A&M, our Life Sciences practice provides a broad range of services for our clients who are operating in an industry with high risks and rewards. We understand the urgency of their business and put our expertise to work when they need it most - when there are no second chances, company futures are on the line, and past attempts must now succeed. When time is of the essence, our clients turn to us – trusting we have the experience and solutions to help them reach their goals. Goals like successfully navigating financial constraints, maximizing a key product launch to ensure that patients can access the medicines they need, or effectively scaling during periods of rapid growth. Come be part of a team that is making an impact on the lives of so many. Join us in making a difference.
Our team prides itself on sustaining a culture that reflects our core values. We value integrity, quality, and objectivity in our work. We believe every day is a choice, and so we like what we do and with whom we do it. We embrace diversity, foster inclusiveness, and reward merit. We encourage and support our employees and communities through ongoing investments from leadership, social and networking events, peer-to-peer networks, Employee Resource Groups, volunteer opportunities, and pro-bono work. We are committed to promoting an inclusive environment in which all can develop, grow, and be supported.
What will you be doing?
As a Director, you will be leading a team and acting as the main conduit between our clients and our team on a range of complex assignments. You will manage projects by overseeing interview activities, gathering relevant data, developing goals and deadlines, reviewing work products of junior staff, and communicating with clients directly.
The duties of a Director may vary depending on the client engagement but can include:
- Engaging in c-suite and board-level conversations regarding the challenges facing clients and strategic initiatives for solving them
- Utilizing your experience and expertise to effectively function in interim roles (e.g., CEO, CFO, CCO)
- Helping clients understand their competitive advantages and product/service line profitability.
- Leveraging research and data to synthesize insights and separate myth from fact while also customizing strategic frameworks to develop recommendations that will drive tangible value
- Retaining excellent working relationships with clients and liaising with leadership and the case team to ensure all project outputs include strategically sound and actionable recommendations
- Knowledge of engagement economics and overall product delivery, budgeting, and timely billing & collections including managing the implementation risk and profitability
- Building relationships with clients and seeking opportunities to expand the scope of business while generating leads
- Mentoring, guiding, coaching, and sharing topic matter knowledge with colleagues and the wider business.
- Managing and mentoring junior staff including training and development
People who are personable, knowledgeable, entrepreneurial, and fun. A unique blend of qualities that cannot be fast-tracked into existence. With over a decade of experience in the life sciences industry, you thrive in solving the toughest problems and have the deftness to parachute into existing efforts and turn projects around. You value a supportive team atmosphere that values input from all members, regardless of their background or level of professional experience. You appreciate being around people who both challenge and support you.
Your professional experience shows in your demeanor, expertise, and creativity. You have a proven track record in assessing and managing risk. Identifying trends comes naturally to you. You understand the meaning of an increasingly interconnected world within healthcare. You are excited to look beyond your immediate sector and create innovative solutions, considering integrated markets and industries.
You possess desirable qualities such as being anticipatory, engaged, and respectful, which earn the respect of others. You might have had the chance to lead and manage a team. Your passion lies in helping others and delivering exceptional value. Your solutions not only work on paper but also in practice. You've achieved a lot and have the network, credentials, and achievements to prove it.
If you see yourself in this description, we want to hear from you!
How will you grow and be supported?
As a Director within the Life Sciences practice, you will have the opportunity to take your career to the next level by gaining invaluable industry experience while enhancing and expanding your skillset. Our team of experienced professionals will offer you developmental feedback and growth opportunities, allowing you to collaborate with experts and gain invaluable experience.
We prioritize the growth and development of each employee. We take a personalized approach by working with you to create a customized career development plan that caters to your unique needs and helps you progress in your career. Our training programs are a mix of live and virtual sessions, and we also provide best-in-class on-demand training. We offer on-the-job coaching to facilitate your learning, assign a transitional coach to help you adjust to the work environment, and pair you up with a mentor who will guide you throughout your career journey.
Alvarez & Marsal offers competitive benefits and opportunities to support your personal and professional development. Click to learn about our commitment to your well-being. A&M recognizes that our people drive our growth, and you will be provided with the best available training and development resources through formalized training and on-the-job training. Learn more about why A&M is a great place to work.
Compensation Statement:
The following is the annual base salary range, commensurate with experience: $170-$190k. In addition, A&M offers a discretionary bonus program which is based on a number of factors, including individual and firm performance. Please ask your recruiter for details.
Benefits Summary:
Regular employees working 30 or more hours per week are also entitled to participate in Alvarez & Marsal Holdings’ fringe benefits consisting of healthcare plans, flexible spending and savings accounts, life, AD&D, and disability coverages at rates determined from time to time as well as a 401(k) retirement plan. Provided the eligibility requirements are met, employees will also receive a discretionary contribution to their 401(k) from Alvarez & Marsal. Click here for more information regarding A&M’s benefits programs.
Alvarez & Marsal recruits on an ongoing basis. Candidates are considered as they apply, until the opportunity is filled. Candidates are encouraged to apply expeditiously to any role(s) that they are qualified for and that are of interest to them.
Diversity & Inclusion
A&M’s entrepreneurial culture celebrates independent thinkers and doers who can positively impact our clients and shape our industry. The collaborative environment and engaging work—guided by A&M’s core values of Integrity, Quality, Objectivity, Fun, Personal Reward, and Inclusive Diversity—are the main reasons our people love working at A&M. Inclusive Diversity means we embrace diversity, and we foster inclusiveness, encouraging everyone to bring their whole self to work each day. It runs through how we recruit, develop employees, conduct business, support clients, and partner with vendors. It is the A&M way.
Equal Opportunity Employer
It is Alvarez & Marsal’s practice to provide and promote equal opportunity in employment, compensation, and other terms and conditions of employment without discrimination because of race, color, creed, religion, national origin, ancestry, citizenship status, sex or gender, gender identity or gender expression (including transgender status), sexual orientation, marital status, military service and veteran status, physical or mental disability, family medical history, genetic information or other protected medical condition, political affiliation, or any other characteristic protected by and in accordance with applicable laws. Employees and Applicants can find A&M policy statements and additional information by region here.
Unsolicited Resumes from Third-Party Recruiters
Please note that as per A&M policy, we do not accept unsolicited resumes from third-party recruiters unless such recruiters are engaged to provide candidates for a specified opening and in alignment with our Inclusive Diversity values. Any employment agency, person or entity that submits an unsolicited resume does so with the understanding that A&M will have the right to hire that applicant at its discretion without any fee owed to the submitting employment agency, person or entity.
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