Full Job Description
Do you want to drive the digitization and electrification of Mercedes-Benz? Are you a networker with an aptitude for execution? We are looking for an individual who will support Mercedes-Benz's venture investment and strategic partnerships efforts in North America. You will be working closely with the global tech, venture and partnerships teams in Germany and support a high-impact local team. Your scope will include identifying, selecting, and managing external partnerships and investment opportunities, primarily in the areas of digitization and electrification, while driving cross-functional teams. This is a high-visibility, high potential role that will help define short, mid-term and long-term roadmaps by leveraging the North America ecosystem.
Relocation assistance (domestic or international) is not provided for this position.
Job Responsibilities:
• Partner with business unit leaders on strategy development, including identifying product gaps, evaluating cooperation options, and collaborating on target selection criteria.
• Work alongside development teams to productize innovations in partnership with early to late stage high-tech companies.
• Develop engagement models for early to late stage high-tech companies for Mercedes-Benz
• Assess product and company fitness for long-term strategic partnership.
• Ideate, Plan and Execute proof of concepts with internal and external engineering and design teams.
• Develop network of industry contacts, venture capital firms, and advisory executives to bring knowledge of market trends and opportunities to bear on strategic discussions.
• Responsibilities include screening, selection and evaluation of possible external cooperation partners located in North America leading to proof of concept (POC) and cooperation agreements.
• Identifying technology and innovation trends, seek and negotiate future cooperation projects with partners and start-ups. Moreover, execute, integrate and evaluate strategic, commercial and technical due diligence work streams together with the technical specialty units.
• Deal execution including conducting due diligence on M&A and venture investment/divestment, market research, financial modeling, preparation of investment memos.
• Support the coordination, implementation and tracking of current and future portfolio of investments and collaboration activities.
Minimum Qualifications:
• Bachelor's Degree
• Strong academic record/degree
• 3+ years of relevant work experience
• Experience working in strategy consulting, investment banking, or venture capital
• Passion in automotive technology and innovation a plus
• Strong analytical skills, positive attitude and work ethic
• Excellent written and oral communication skills
• Fluent in English
Preferred Qualifications:
• Master's Degree preferred
The successful candidate's starting pay will be determined based on a wide range of factors, including, but not limited to, job-related education, skills, and experience, geographic location, and market conditions. The current salary range for this position is as follows and may be modified in the future: $107,400 - $134,300.
This position may involve access to export-controlled technology, hardware, or software under the Export Administration Regulations (EAR), 15 C.F.R. Parts 730-774 and possibly technical data, defense articles and defense services subject to the International Traffic in Arms Regulations (ITAR), 22 C.F.R. Parts 120-130. As such, Mercedes-Benz Research & Development North America may be required to obtain an export license or authorization in accordance with United States law.
Benefits for Full-Time Employees Include:
• Medical, dental, and vision insurance for employees and their families
• 401(k) with employer match
• Up to 15 company-paid holidays
• Paid time off (flexible time off for salaried employees), sick time, and parental leave
• Tuition assistance program
• Wellness/Fitness reimbursement programs
* Internships & Contractors excluded from Full-Time Employee benefits