Associate, BrightEdge - Remote

At the American Cancer Society, we're leading the fight for a world without cancer. Our employees and 1.5 million volunteers are raising the bar every single day. We actively seek candidates from diverse backgrounds including communities of color, the LGBTQ community, veterans, and people with disabilities. The greater the diversity of our people, the better we can serve our communities.

The people who work at the American Cancer Society focus their diverse talents on our lifesaving mission. It is a calling. And the people who answer it are fulfilled.

Since 1913, the American Cancer Society has been dedicated to saving lives, celebrating lives, and leading the fight for a world without cancer.  BrightEdge is the American Cancer Society’s innovation and impact investment arm that seeks to defeat cancer through patient-centric innovation. BrightEdge propels groundbreaking solutions to accelerate ACS’s bold vision of ending cancer as we know it, for everyone.

The ACS Impact Venture Fund (AIVF) represents an evergreen vehicle investing in the most innovative ventures developing novel technology-based solutions to advance science, reduce disparities, and promote sustainability in cancer. The current fund size stands at $81 million and continues to grow through ongoing fundraising and investment returns. The active portfolio currently includes 16 investments across therapeutics, medical device, diagnostics and health tech. Since starting investing in 2019, AIVF has had 5 exits.

The BrightEdge team uses a triple bottom-line approach by evaluating mission-driven social impact and financial return potential for investment, in order to help fuel and deliver the Society’s life-saving programs in research, access, and health equity. 

The successful Associate candidate will have demonstrated ability to develop mission-focused investment theses, source investment opportunities, critically review investment opportunities and be project-oriented, with the capability to lead numerous parallel projects and workstreams independently. The role requires a high level of self-motivation and will have a meaningful level of responsibility from the outset.

***This is a remote position that can be home based anywhere within the U.S. Candidates must have the capacity to travel up to 25%, including monthly onsite meetings in Boston, MA.***

MAJOR RESPONSIBILITIES
Responsibilities for this position will include the following:

• Support investment thesis development base on innovation trends combined with an in-depth understanding of patient-centric unmet need, Including company/technology landscaping activities.

• Contribute to deal flow sourcing and funnel triage.

• Support VC and strategic alliance management.

• Source investment opportunities by development of relationships with entrepreneurs, company advisors, scientific founders and co-investors; attendance of networking events, relevant industry conferences.

• Perform due diligence on prospective portfolio companies, including primary and secondary market research, detailed scientific and technical analysis, detailed impact assessment, competitive analysis, investment documentation review, and financial modeling.

• Research and generate evidence for ACS' mission and programmatic activities in impact investment.

• Ecosystem stakeholder engagement across ACS researchers, professors, research institutions, advisory network; alliance management with innovation partner network. Support ACS fundraising, community development, and donor/investor relations.

FORMAL KNOWLEDGE

• Advanced degree holder (PhD or MD) in oncology-related field.
• At least 2-3 years of experience in venture capital and innovation (business development, external innovation, strategy consulting) in the biomedical/healthcare industry.
• MBA desirable
• Capacity to travel up to 25%. Frequent travel to onsite meetings in Boston, MA required.

SPECIALIZED TRAINING OR KNOWLEDGE
Required:

• Deep scientific background in life sciences with strong understanding of cancer biology

• Prior investment experience in the biomedical/healthcare industry, additional experience in a startup or innovation setting (Business Development, External Innovation, Strategy Consulting)

The American Cancer Society has adopted a vaccination policy that requires all staff, regardless of position or work location, to be fully vaccinated against COVID-19 (except where prohibited by state law).

ACS provides staff a generous paid time off policy; medical, dental, retirement benefits, wellness programs, and professional development programs to enhance staff skills. Further details on our benefits can be found on our careers site at: jobs.cancer.org/benefits. We are a proud equal opportunity employer.