Merck & Co, Inc

Associate Director, GRACS BD

Merck & Co, Inc$129K — $203K *
Pharmaceuticals & Biotech
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in a relevant field
  • 5-7 years of experience in business development or regulatory affairs
  • Strong negotiation skills with a focus on contract management
  • Expertise in due diligence processes and project management
  • Ability to manage cross-functional teams and align strategic initiatives

Responsibilities

  • Represent GRACS in business development transactions from initiation to execution.
  • Partner with functional areas to support diligence and execution of business deals.
  • Draft, negotiate, and maintain regulatory agreements and contracts.
  • Conduct due diligence on projects with subject matter experts to identify risks.
  • Lead deal-specific implementation teams using project management tools.
  • Act as primary contact for alliance management and ongoing partner relations.
  • Update BD projects and contracts in the management system.

Benefits

  • Comprehensive medical, dental, and vision insurance for employees and families
  • Retirement savings plan including 401(k)
  • Paid holidays and vacation days
  • Compassionate and sick leave
  • Access to training and development programs
Full Job Description
Job Description

The incumbent is responsible for representing Global Regulatory Affairs and Clinical Safety (GRACS) on business development transactions from deal initiation through potential signing and transition execution support. More specifically, this position will manage the GRACS activities for business development stages of strategy, evaluation, due diligence, contracting, and implementation support. The deal types largely reflect, but are not limited to, acquisitions, licensing, and collaborations.

  • Throughout the business development lifecycle, the incumbent partners with appropriate functional areas within GRACS as well as Business Development, Clinical Research, Legal, and Alliance Management to support diligence, execution, and management of Business Deals.
  • Support the drafting, negotiation, execution, and maintenance of both master agreements as well as regulatory agreements, amendments, side letters, and other contractual forms.
  • Coordinates and conducts due diligence on business development activities for all projects with GRACS functional area subject matter experts. Recruits and onboards due diligence team members to the due diligence project, facilitates discussions with GRACS due diligence team members to identify gaps and risks, tracks progress and coordinates GRACS due diligence summary reports, ensures GRACS Leadership is made aware of critical due diligence findings as needed, and liaises with GRACS Portfolio and Prioritization group to support GRACS resource estimation. Responsible for reviewing commercial contracts and collaborating with the Corporate Business Development and GRACS SMEs to negotiate the GRACS-related contract language with the partner.
  • Charter and manage deal-specific GRACS implementation teams comprised of representatives from the impacted functions/ processes; responsibility will include (a) utilizing project management tools to drive development of implementation project plans; (b) identifying & ensuring cross-functional alignment of interdependent activities; and (c) driving execution of the plans through to project close-out.
  • Where an ongoing relationship is maintained with the business partner, the incumbent will be responsible for serving as the point of contact for all alliance management issues including contractual questions related to ongoing GRACS activities and as required, lead execution and support of ancillary agreement creation, such as regulatory agreements. Conduct/oversee ongoing relevant partner diligence.
  • Support any other work related to BD activities including updating BD projects and contracts within the Business Development Lifecycle Management system.


Education Requirements:
  • Bachelor's Degree


Required Skills:
Adaptability, Adaptability, Agreement Management, Budget Management, Business Development, Change Management, Clinical Leadership, Community Relations, Contract Processing, Cross-Cultural Awareness, Cross-Functional Project Management, Data Management, Employee Training Programs, FDA Regulations, Partner Relationship Management (PRM), Partnership Development, People Management, Pharmacovigilance, Policy Implementation, Project Implementations, Project Management, Project Management Methodology (PMM), Project Management Tools, Project Planning, Project Resource Management {+ 9 more}

Preferred Skills:

Current Employees apply HERE

Current Contingent Workers apply HERE

US and Puerto Rico Residents Only:

Our company is committed to inclusion, ensuring that candidates can engage in a hiring process that exhibits their true capabilities. Please click here if you need an accommodation during the application or hiring process.

The salary range for this role is
$129,000.00 - $203,100.00

This is the lowest to highest salary we in good faith believe we would pay for this role at the time of this posting. An employee's position within the salary range will be based on several factors including, but not limited to relevant education, qualifications, certifications, experience, skills, geographic location, government requirements, and business or organizational needs.

The successful candidate will be eligible for annual bonus and long-term incentive, if applicable.

We offer a comprehensive package of benefits. Available benefits include medical, dental, vision healthcare and other insurance benefits (for employee and family), retirement benefits, including 401(k), paid holidays, vacation, and compassionate and sick days. More information about benefits is available at https://jobs.merck.com/us/en/compensation-and-benefits.

You can apply for this role through https://jobs.merck.com/us/en (or via the Workday Jobs Hub if you are a current employee). The application deadline for this position is stated on this posting.

San Francisco Residents Only: We will consider qualified applicants with arrest and conviction records for employment in compliance with the San Francisco Fair Chance Ordinance

Los Angeles Residents Only: We will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws, including the City of Los Angeles' Fair Chance Initiative for Hiring Ordinance

Search Firm Representatives Please Read Carefully
Merck & Co., Inc., Rahway, NJ, USA, also known as Merck Sharp & Dohme LLC, Rahway, NJ, USA, does not accept unsolicited assistance from search firms for employment opportunities. All CVs / resumes submitted by search firms to any employee at our company without a valid written search agreement in place for this position will be deemed the sole property of our company. No fee will be paid in the event a candidate is hired by our company as a result of an agency referral where no pre-existing agreement is in place. Where agency agreements are in place, introductions are position specific. Please, no phone calls or emails.

Employee Status:
Regular

Relocation:

VISA Sponsorship:

Travel Requirements:

Flexible Work Arrangements:
Hybrid

Shift:

Valid Driving License:

Hazardous Material(s):

Job Posting End Date:
09/28/2026
*A job posting is effective until 11:59:59PM on the day BEFORE the listed job posting end date. Please ensure you apply to a job posting no later than the day BEFORE the job posting end date.

About Merck & Co, Inc

Schering-Plough Corporation is a major U.S.-based manufacturer of pharmaceuticals. It operates in three segments: Prescription Pharmaceuticals, Animal Health, and Consumer Health Care. Schering-Plough develops products targeting on allergy, cancer, hepatitis, cardiovascular, central nervous system, respiratory system, and more.  It was founded in 1851 by Ernst Christian Friedrich Schering as Schering AG in Germany. Schering-Plough manufactured several pharmaceutical drugs, the most well-known of which were the allergy drugs Claritin and Clarinex, an anti-cholesterol drug Vytorin, and a brain tumor drug Temodar. It also developed drugs targeting on central nervous system and the respiratory system. Schering Plough also owned and operated the major foot care brand name Dr. Scholl's and the skin care line Coppertone. These also became a part of the new company. Schering-Plough was a full member of the European Federation of Pharmaceutical Industries and Associations (EFPIA), a membership which is also maintained by the new Merck.

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Learn more about Merck & Co, Inc
Size
68,000 employees
Market Cap
$282.6 billion
Industry
Net Income
$7 billion
Founded
1668
5 Year Trend
+4.1%
Revenue
$47.9 billion
NASDAQ

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