Vice President – Global Healthcare Group (London)

  • Competitive
  • London, England, United Kingdom London England GB
  • Permanent, Full time
  • Lazard
  • 23 Aug 18 2018-08-23

Overview:

The Lazard Global Healthcare Group is a global team of c.75 healthcare sector focused investment bankers with an exceptional depth of expertise across each of the healthcare sector verticals. During the last 18 months, the Lazard Global Healthcare Group has advised on six of the ten largest global biopharma transactions (including Johnson & Johnson’s $30 billion acquisition of Actelion and Sanofi’s $11.6 billion acquisition of Bioverativ); the two largest healthcare services transactions (including Aetna’s $77 billion merger with CVS) and other selected Lazard Global Healthcare Group transactions (including the $855 million sale of Wilson Therapeutics to Alexion Pharmaceuticals).

London represents one of the three centres of the Lazard Global Healthcare team, whilst being an integral part of the efforts of the Lazard London office in advising Lazard’s European client base. The team in London represents a diverse group of investment bankers with a broad background and experience that we leverage in our client coverage, and includes several former medical doctors, research scientists and PhDs, and former healthcare sector equity research analysts alongside career investment bankers.

Lazard is seeking to recruit a Healthcare Vice President to join the London team. The Vice President will report into senior bankers on each transaction.

Role and Responsibilities:

The Vice President will be responsible for the day to day project management of transaction and marketing efforts and plays a supporting role in M&A Healthcare idea generation and business development;

  • Play a key role in M&A Healthcare transaction execution. Contribute to negotiating and closing transactions;
  • Form trusted relationships with client teams;
  • Understand clients' objectives and offer creative solutions to issues for potential/existing Healthcare clients, based on deal context;
  • Communicate strategy and project priorities to the team and sets direction accordingly;
  • Responsible for the supervision of the preparation and production of presentations and marketing materials for Healthcare clients and prospective clients in consultation with senior team members;
  • Develop new ideas for the creation of new business;
  • Leverage the Lazard network across offices, industry and product groups;
  • Lead communication with internal and external teams, and leverage presentations into constructive dialogue;
  • Manage resources efficiently. Outline work with clarity and communicate project deadlines to the team in a timely fashion;
  • Demonstrate proactivity in the approach to Healthcare projects, and seek ways to deliver quality results in an efficient manner;
  • Act as an effective project manager, delegate and supervise effectively;
  • Lead junior team of associates and analysts in achieving goals of transactions;
  • Effectively manage own work and that of juniors; takes responsibility for accuracy, quality check finished products with regards to content. Responsible for the accuracy of numerical work produced by junior bankers before delivering the final product to senior bankers;
  • Be respectful of individuals’ time when giving assignments;
  • Purposefully develop team members. Mentor and coach, provides developmental feedback to juniors, and appropriately include the team in calls/meetings and client follow ups. Is a role model to juniors;
  • Encourage team to participate in professional development opportunities;
  • Foster an inclusive work environment, and encourage an open exchange of ideas and views;
  • Demonstrate professionalism, accountability and sound judgment;
  • Contribute to firmwide initiatives including recruiting, training, professional development and other activities; and
  • Represent the firm well in all situations and uphold the firm’s reputation.

Requirements:

  • The successful candidate will have gained significant M&A transaction experience within an investment banking environment. A degree of previous Healthcare M&A transaction experience is required;
  • Excellent interpersonal and relationship building skills with the ability to maintain relationships with colleagues and clients at all levels;
  • Minimum 2.1 university degree classification (or equivalent if studied outside the UK);
  • Strong written skills;
  • Excellent technical skills;
  • Solid understanding of financial modelling and processes that support the M&A approach – e.g. valuations, company overviews;
  • Outstanding quantitative and qualitative analytical skills to quality check extensive modelling within excel presentation preparations;
  • Strong knowledge of finance and accounting practices to support M&A activity;
  • Previous experience in conducting other financial and strategic analysis;
  • Self-motivated with demonstrated ability to manage conflicting priorities and requests;
  • Ability to take initiative and function independently, balanced with strong team skills;
  • Demonstrates awareness of the regulatory environment; and
  • Must maintain high standards of professional and ethical conduct, adhere to legal and regulatory requirements of the banking environment and follow Lazard policies and procedures.

Salary: Competitive

Opening date: Thursday, 23rd August 2018

The closing date for all applications is: Friday, 21st September 2018