The posting
Description
The Mount Sinai Health System (MSHS) is a leading academic health system that includes clinical, research and educational activities. The health system includes hospitals and ambulatory services spread across the New York City Metropolitan area. Our 48,000+ employees provide excellent clinical care for millions of patients each year while also being at the forefront of scientific discovery and clinical innovation.
The Corporate Development & Strategic Partnerships (CDSP) team’s mandate is to drive growth of revenue and margin for Mount Sinai Health System through Mergers & Acquisitions, Joint Ventures, and Strategic Partnerships.
The Sr. Associate of Corporate Development is a critical team member on the Corporate Development & Strategic Partnerships (CDSP) team reporting to the VP of Portfolio Strategy & Corporate Development.
In support of the mandate of the Corporate Development & Strategic Partnerships function, the Sr. Associate will, for assigned opportunities, support the end-to-end process of evaluating and executing strategic opportunities.
Responsibilities
Roles and Responsibilities More specifically, the Sr. Associate has the following responsibilities:
Opportunity Leadership:
For high priority initiatives, as assigned by the VP of Corporate Development, support the end-to-end process of framing, evaluation, and execution to bring the opportunity to fruition.
- Interface with internal and external stakeholders
- Conduct analytics
- Develop a business case
- Evaluate contracts and lead and support negotiations
- As relevant, coordinate with internal or external resources to execute the work.
- Support development of executive communications to update and/or seek decisions from the appropriate governance bodies
Talent Development:
- Support the hiring and development of talent to build a high-performance growth-oriented culture
- Promote an inclusive, collaborative, and results-oriented team culture.
Special Projects:
- Support the VP, Corporate Development on special projects as required.
Qualifications
Requirements:
Education Requirements
? Bachelor?s degree is required
Work Experience
- 3 years of work experience in M&A, partnerships, transformation, strategy, strategic planning, strategic investing, or related fields within the context of large, complex healthcare organizations or academic medical centers.
- The ideal candidate will have experience working within the healthcare practice of a leading strategy and management consulting firm in ?Sr. Analyst,? ?Associate?, or ?Consultant,? level roles, and with experience leading or supporting strategy, M&A, partnerships, and transformation projects for clients that are large, complex healthcare organizations, academic medical centers, or related companies.
- Ideal candidates may also have similar experience working within similar professional services firms in the Private Equity or Investment Banking industries
Skills
- Demonstrated success in leading and executing or critically supporting efforts related to transactions, partnerships, strategy design, opportunity assessments, competitive analysis, and business case development in healthcare.
- Exceptional analytical, financial, and problem-solving skills, with expertise in opportunity assessment and data-driven decision making.
- Exceptional interpersonal, written and verbal communications, stakeholder engagement, and change management skills.
- Exceptional written presentation skills using Power Point and Word to tell compelling stories that support decision making and stakeholder buy in.
- Ability to influence at all levels and build trusted relationships with diverse stakeholders.
- Experience working in or with academic health systems is preferred.
- Experience with analysis in the New York metro market is a plus.
- Experience conducting advanced analytics using tools like SQL, Python, and R is a plus.
Reporting Structure & Location
- The Sr. Associate will report directly to the Vice President of Portfolio Strategy & Corporate Development.
- Expectations are for the role to be performed primarily in-person, at Mount Sinai?s Corporate Office with occasional visits to Mount Sinai?s facilities and office throughout the NYC Metropolitan area as required. As appropriate, periodic hybrid work can be accommodated
Non-Bargaining Unit, M8C - HSO Enterprise Corporate Development - MSH, Mount Sinai Hospital
Employer Description
Strength through Unity and Inclusion
The Mount Sinai Health System is committed to fostering an environment where everyone can contribute to excellence. We share a common dedication to delivering outstanding patient care. When you join us, you become part of Mount Sinai’s unparalleled legacy of achievement, education, and innovation as we work together to transform healthcare. We encourage all team members to actively participate in creating a culture that ensures fair access to opportunities, promotes inclusive practices, and supports the success of every individual.
At Mount Sinai, our leaders are committed to fostering a workplace where all employees feel valued, respected, and empowered to grow. We strive to create an environment where collaboration, fairness, and continuous learning drive positive change, improving the well-being of our staff, patients, and organization. Our leaders are expected to challenge outdated practices, promote a culture of respect, and work toward meaningful improvements that enhance patient care and workplace experiences. We are dedicated to building a supportive and welcoming environment where everyone has the opportunity to thrive and advance professionally. Explore this opportunity and be part of the next chapter in our history.
About the Mount Sinai Health System:
Mount Sinai Health System is one of the largest academic medical systems in the New York metro area, with more than 48,000 employees working across eight hospitals, more than 400 outpatient practices, more than 300 labs, a school of nursing, and a leading school of medicine and graduate education. Mount Sinai advances health for all people, everywhere, by taking on the most complex health care challenges of our time — discovering and applying new scientific learning and knowledge; developing safer, more effective treatments; educating the next generation of medical leaders and innovators; and supporting local communities by delivering high-quality care to all who need it. Through the integration of its hospitals, labs, and schools, Mount Sinai offers comprehensive health care solutions from birth through geriatrics, leveraging innovative approaches such as artificial intelligence and informatics while keeping patients’ medical and emotional needs at the center of all treatment. The Health System includes more than 9,000 primary and specialty care physicians; 13 joint-venture outpatient surgery centers throughout the five boroughs of New York City, Westchester, Long Island, and Florida; and more than 30 affiliated community health centers. We are consistently ranked by U.S. News & World Report's Best Hospitals, receiving high "Honor Roll" status, and are highly ranked: No. 1 in Geriatrics, top 5 in Cardiology/Heart Surgery, and top 20 in Diabetes/Endocrinology, Gastroenterology/GI Surgery, Neurology/Neurosurgery, Orthopedics, Pulmonology/Lung Surgery, Rehabilitation, and Urology. New York Eye and Ear Infirmary of Mount Sinai is ranked No. 12 in Ophthalmology. U.S. News & World Report’s “Best Children’s Hospitals” ranks Mount Sinai Kravis Children's Hospital among the country’s best in several pediatric specialties. The Icahn School of Medicine at Mount Sinai is ranked No. 11 nationwide in National Institutes of Health funding and in the 99th percentile in research dollars per investigator according to the Association of American Medical Colleges. Newsweek’s “The World’s Best Smart Hospitals” ranks The Mount Sinai Hospital as No. 1 in New York and in the top five globally, and Mount Sinai Morningside in the top 20 globally.
Equal Opportunity Employer
The Mount Sinai Health System is an equal opportunity employer, complying with all applicable federal civil rights laws. We do not discriminate, exclude, or treat individuals differently based on race, color, national origin, age, religion, disability, sex, sexual orientation, gender, veteran status, or any other characteristic protected by law. We are deeply committed to fostering an environment where all faculty, staff, students, trainees, patients, visitors, and the communities we serve feel respected and supported. Our goal is to create a healthcare and learning institution that actively works to remove barriers, address challenges, and promote fairness in all aspects of our organization.
Compensation
The Mount Sinai Health System (MSHS) provides salary ranges that comply with the New York City Law on Salary Transparency in Job Advertisements. The salary range for the role is $106108 - $159161 Annually. Actual salaries depend on a variety of factors, including experience, education, and operational need. The salary range or contractual rate listed does not include bonuses/incentive, differential pay or other forms of compensation or benefits.
