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Director, Business Development (Remote)*

The Company

Profound enables community physicians to offer clinical research as a therapeutic option to their patients. We provide all the infrastructure, non-clinical services, and administrative heavy lifting. The physicians practice medicine, we do everything else, and patients get access to the newest therapies available.

 

Mission, Vision, Values

o   Mission:  Improving Lives by Providing Advanced Therapeutic Options

o   Vision: Creating the Absolute Best Patient-Physician Experience in Clinical Research.

o   Values:

  o Compassion: We value the patient-physician relationship above all else and are committed to a service-oriented  approach to all interactions.

 o Urgency: We work hard and practice selflessness, acting swiftly and decisively to meet the needs of our patients,  partners, and colleagues. 

 o Solution Orientation: We are relentlessly positive, and we communicate directly to efficiently identify and implement effective solutions. 

 o Excellence: We insist on excellence, holding ourselves accountable and empowering each other to deliver best-in-class service while maintaining the highest ethical and scientific standards. 


Profound Ethos

o     Physicians are the Vanguard

o       All Decisions Improve Patient Care

o       Never Compromise Quality 


Why this Role Exists

As the Director, Business Development, you will serve as the primary customer-facing team member focused on driving sales pipeline growth and the closing of new business. The role is critical for driving growth and forging strategic partnerships effectively contributing to the organization's growth and success.

You will lead development of market research within your territory, identifying ongoing and planned clinical trials which benefit from Profound’s access to patients and our physician partner capabilities and expertise.

You will manage interactions with sponsors and CROs addressing various legal, feasibility, budgetary, and proposals as necessary to progress deals through the sales process. The role may also represent the Commercial team by attending and, or supporting industry conferences and meetings.

This role will achieve success through effective identification of market opportunity, constructive engagement with key sponsor and CRO stakeholders, and efficient collaboration with Profound feasibility, operational, proposal, and budget team members.


Responsibilities

·       Identification of key sponsor and CRO stakeholders overseeing studies and programs which align with Profound capabilities.

·       Overseeing the sales process to ensure timelines and sponsor/CRO expectations are met or exceeded

·       Track sales activities, communication, and status within Profound’s CRM, following approved processes

·       Conduct market research and competitive analysis to identify new business opportunities.

·       Develop and implement business development strategies to drive growth and achieve revenue targets.

·       Build and maintain strong relationships with key clients, stakeholders, and industry influencers.

·       Prepare and present regular reports on business development activities, performance metrics, and strategic initiatives to senior management.

·       Performs[CM1]  other related duties as assigned.

 

Requirements

·       years of experience in sales and/or sales support

·       Typically 5+ years of experience in clinical research or related field

·       Typically 5+ years of experience using CRMs such as SalesForce

·       Bachelor’s degree in life sciences, biology, chemistry or related field

 

Preferred Qualifications

·       Understanding of clinical trial conduct and/or patient recruitment

·       Understanding of pharmaceutical purchasing processes associated with clinical operations and recruitment

·       Utilization of CRM system to produce reports which highlight commercial pipeline, sales, and activities for clinical trial execution

·       Ability to thrive in a fast-paced and dynamic start-up environment, with a willingness to adapt to changing business needs.

·       Strong problem-solving skills, with a proactive and solutions-oriented approach.

·       Strong strategic and analytical thinking skills to identify market opportunities and develop business strategies.

·       Deep understanding of the life sciences market, including trends, key players, and regulatory environment.

·       Excellent networking skills with a strong ability to build and maintain relationships with industry stakeholders, including clients, partners, and regulatory bodies.

·       Exceptional verbal and written communication skills, with the ability to present complex information clearly and persuasively to diverse audiences.

 

Travel Requirements

·       This role will be remote or office based as able. 30% travel.



 [CM1]Added 4th bullet point to cover other related duties as assigned.


Physical Requirements

·       Prolonged periods of sitting at a desk and working on a computer, standing and walking.

·       Must be able to lift 25 pounds at times.

·       Picking, pinching, typing or otherwise working, primarily with fingers rather than with whole hand or arm as in handling.

·       Talking: Expressing or exchanging ideas by means of the spoken word; those activities where detailed or important spoken instructions must be conveyed to other workers accurately, loudly, or quickly.

·       Hearing: Perceiving the nature of sounds at normal speaking levels with or without correction and having the ability to receive detailed information through oral communication and making fine discriminations in sound.

·       The worker is required to have close visual acuity to perform an activity such as: preparing and analyzing data and figures; transcribing; viewing a computer terminal; extensive reading; visual inspection involving small defects, small parts, and/or operation of machines (including inspection); using measurement devices; and/or assembly or fabrication of parts at distances close to the eyes.

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Average salary estimate

$125000 / YEARLY (est.)
min
max
$100000K
$150000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Director, Business Development (Remote)*, Profound Research

Meet your next career adventure as the Director, Business Development at Profound, a company that empowers community physicians to offer innovative clinical research as a therapeutic option. In this exciting remote role, you will play a crucial part in expanding our sales pipeline and forging meaningful partnerships to support our mission of improving lives. Your superpower will be market research, where you'll identify ongoing and upcoming clinical trials, leveraging Profound’s unique capabilities to align with sponsor needs. Engage directly with sponsors and CROs, navigating through the complexities of deals while ensuring timelines and expectations are well-managed. Your knack for building relationships and understanding market dynamics will drive growth, while your creative strategies will ensure we meet and exceed revenue targets. Each day will bring opportunities to engage with key stakeholders and present insights to the senior management team. With a passionate team backing you, your role will be pivotal in translating our shared commitment to excellence into action. At Profound, we deeply value service, urgency, and solution orientation, and we are excited to welcome a like-minded Director, Business Development who embodies these values.

Frequently Asked Questions (FAQs) for Director, Business Development (Remote)* Role at Profound Research
What are the key responsibilities of the Director, Business Development at Profound?

As the Director, Business Development at Profound, your key responsibilities include identifying key sponsor and CRO stakeholders, overseeing the sales process to meet or exceed expectations, conducting market research to identify new business opportunities, developing strategies for growth, and preparing performance reports for senior management. This role is pivotal in engaging with industry leaders and advancing our mission to provide advanced therapeutic options.

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What qualifications are required for the Director, Business Development position at Profound?

To thrive as the Director, Business Development at Profound, you typically need 5+ years of experience in clinical research or a related field, along with strong sales and CRM skills. A bachelor's degree in life sciences or a relevant area is preferred. Besides, understanding clinical trial processes and having exceptional networking abilities will help you succeed in this role.

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How does the Director, Business Development role contribute to Profound's mission?

The Director, Business Development plays a vital role in furthering Profound's mission of improving lives through advanced therapeutic options. By driving the sales pipeline and establishing strategic partnerships, you enable our clinical capabilities to reach more patients and physicians, ensuring they have access to groundbreaking therapies.

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What kind of travel is involved in the Director, Business Development role at Profound?

The Director, Business Development role at Profound requires approximately 30% travel. This travel is crucial for attending industry conferences, meetings, and engaging with clients and stakeholders face-to-face, enhancing relationship-building opportunities and supporting business growth.

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What personal attributes are beneficial for a Director, Business Development at Profound?

For the Director, Business Development position at Profound, strong problem-solving skills, strategic thinking, and a proactive approach are vital. Additionally, possessing excellent verbal and written communication skills, along with the ability to collaborate effectively in a dynamic environment, will strengthen your potential for success in this role.

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Common Interview Questions for Director, Business Development (Remote)*
Can you describe your experience in sales and how it relates to the Director, Business Development role at Profound?

Highlight your previous sales achievements, focusing on metrics that showcase your ability to drive revenue. Discuss specific strategies you’ve implemented in clinical research or related fields that are relevant to Profound's mission.

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How do you approach building relationships with key sponsors and CRO stakeholders?

Emphasize your networking skills and give examples of how you've successfully expanded your professional relationships. Discuss methods you use to understand stakeholders’ needs and how you’ve tailored your approach accordingly.

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What strategies do you employ to identify new business opportunities?

Explain your market research techniques, including competitive analysis and how you keep abreast of industry trends. Provide examples of successful opportunities you’ve identified in past roles.

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How do you prioritize and manage competing timelines in the sales process?

Talk about your organizational skills and tools you use, like CRM systems, to track sales activities. Describe a challenging situation where you successfully met tight deadlines without compromising on quality.

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What do you believe are the essential qualities for excellence in business development?

Discuss qualities such as adaptability, strong communication, strategic thinking, and a solutions-oriented mindset. Provide examples of how you exhibit these traits in your professional experience.

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Can you give an example of a successful partnership you've forged in the past?

Share a specific case where you initiated and nurtured a successful partnership, explaining the steps you took and how it benefitted the organization. Focus on the skills that helped create that success, such as communication and strategic insight.

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How would you handle objections from sponsors during the sales process?

Discuss your techniques for active listening and understanding concerns, followed by addressing those issues with well-researched solutions. Share an example where you successfully navigated an objection.

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What tools or software do you use for CRM and sales management?

Mention your proficiency with tools like Salesforce and how you leverage CRM data to track metrics, manage leads, and improve sales strategies.

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How do you stay updated on industry trends in clinical research?

Explain the resources you use, such as conferences, journals, networking, and continuous education, to remain at the forefront of the industry trends that can affect business development.

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Why do you want to work at Profound as the Director, Business Development?

Express your alignment with Profound's mission to improve patient care through advanced therapeutic options. Share what excites you about the company's vision and how your skills and experiences can contribute to its success.

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DATE POSTED
March 18, 2025

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