NGK Spark Plugs

Job Locations US-CA-Santa Clara
Job Title
VL-Venture Builder, Medical
Job ID
2022-2053
Category
Innovation
Department
Advanced Business Development
Type
Regular Full-Time

Overview

About NGK Venture Lab:

 

The Venture Lab is the global innovation and collaboration hub of NGK Spark Plugs. We are on a mission to develop innovative business solutions that tackle tomorrow’s challenges. Our team actively seeks opportunities to work with the brightest entrepreneurs and industry leaders to launch new businesses in the areas of smart health, smart mobility, and decentralized utilities. The Venture Lab team is a diverse group of individuals that all share passion, drive, and an open mind towards improving the world and building a better future for all.  

 

 

The Ideal Candidate: 

 

Are you a passionate individual who wants to transform the future and develop innovative ideas into tangible business solutions? Then you are the person we are looking for to join our Venture Lab team! If you are proactive about generating ideas, can create a clear vision, resourcefully execute the strategy, and guide people through the challenges, you are meant to join our team! 

 

 

The Role: 

As the Business Analyst, you will evaluate internal and external ideas for investment in our Smart Health sectors through research and due diligence.

Responsibilities

  • Support corporate venture building from ideation to program execution through research and analysis
  • Compile research reports through an incisive synthesis of information within the sensors, medical devices, and smart health fields to determine partnerships, investments, and strategy 
  • Articulate the alignment and role of target ventures within our company’s broader growth plans
  • Compare and compile the business models of key competitors through research and evaluating emerging technology innovation 
  • Work closely with the Medical team to prepare and deliver timely updates to key project stakeholders
  • Creation of financial and valuation models to evaluate the impact of target projects on enterprise strategies. This includes quantitative analysis of market potential (TAM, SAM, SOM)
  • Participate in partner-facing teams to gather and interpret data, create presentations, and take part in go/no go decisions 
  • Achieve personal and team targets, quotas, and outcomes within agreed upon schedule
  • Establish, develop, and maintain positive internal, business and startup relationships 
  • Keep abreast of best practices and promotional trends in the market
  • Effectively engage with startups and research groups to clarify the market opportunity and potential engagement options.
  • Perform job related travel
  • Adhere to all company policies and procedures and, if applicable, all company policies relating to IATF16949 and ISO14000

Qualifications

  • Bachelor's degree required. Degree in business or life sciences preferred 
  • Minimum of 3 years of experience in an early-stage medical device or biotech company, equity research, or venture capital
  • Prior experience in new product development preferred
  • Demonstrated proficiency to collect high quality data, analyze problems and apply quantitative analytical approaches to get to solutions 
  • Ability to understand industry and consumer trends, create a strategic direction and clearly communicate the opportunity to management
  • Excellent communication and storytelling skills (both verbal and written) with an ability to structure information to resonate with multiple types of audiences 
  • Strong problem solving, organizational and planning skills with attention to detail
  • Excellent time management skills and ability to multi-task and prioritize workflows with individual initiative (self-starter) 
  • Proficiency in Microsoft Office Suite, specifically Word, Excel, and PowerPoint
  • Possess a valid driver’s license and an acceptable driving record

Options

Sorry the Share function is not working properly at this moment. Please refresh the page and try again later.
Share on your newsfeed