OCHE Sr Asst Comm, The Point
University of Utah
Salt Lake City, UT
Full-time
Health Care Provider
Posted on May 13, 2024
Announcement
Details
Open Date
05/10/2024
Requisition Number
PRN38509B
Job Title
OCHE Sr. Asst. Comm, The Point
Working Title
OCHE Sr. Asst. Comm, The Point
Job Grade
I
FLSA Code
Executive
Patient Sensitive Job Code?
No
Standard Hours per Week
40
Full Time or Part Time?
Full Time
Shift
Day
Work Schedule Summary
Hybrid: Mon – Fri 8am – 5pm
VP Area
President
Department
01379 - USHE Comissioner
Location
Office of the Commissioner - Downtown SLC
City
Salt Lake City, UT
Type of Recruitment
External Posting
Pay Rate Range
$130,000 - $150,000
Close Date
Open Until Filled
Yes
Job Summary
We are seeking a Senior Assistant Commissioner of Innovation, Commercialization, and Economic Development.
The successful candidate will be responsible for supporting the Associate Commissioner of Innovation, Commercialization, and Economic Development in managing the Utah Innovation Fund. They will play a key role in identifying venture capital partners to support future funding needs for startups, as well as industry partners to assist in assessing the market opportunity of the technology being considered. They will also help in developing out the vision, operations, and systems of the Innovation Lab and Fund with a targeted focus on commercialization efforts, including assisting in the development and investment of intellectual property, technology transfer operations for Utah Innovation Lab and Fund.
Responsibilities
DISCLAIMER
OCHE has reviewed this job description to ensure that essential functions and primary duties have been included. It is intended to provide guidelines for job expectations and the employee's ability to perform the position described. It is not intended to be construed as an exhaustive list of all functions, responsibilities, skills, and abilities. Additional functions and requirements may be assigned by supervisors as deemed appropriate. This document does not represent a contract of employment, and OCHE reserves the right to change this job description and/or assign tasks for the employee to perform, as OCHE may deem appropriate.
Minimum Qualifications
Education and Experience:
Preference may be given to applicants who meet the minimum requirements of the position, plus one or more of the
Type
Benefited Staff
Special Instructions Summary
Additional Information
The University is a participating employer with Utah Retirement Systems (“URS”). Eligible new hires with prior URS service, may elect to enroll in URS if they make the election before they become eligible for retirement (usually the first day of work). Contact Human Resources at (801) 581-7447 for information. Individuals who previously retired and are receiving monthly retirement benefits from URS are subject to URS' post-retirement rules and restrictions. Please contact Utah Retirement Systems at (801) 366-7770 or (800) 695-4877 or University Human Resource Management at (801) 581-7447 if you have questions regarding the post-retirement rules.
This position may require the successful completion of a criminal background check and/or drug screen.
The University of Utah values candidates who have experience working in settings with students and patients from all backgrounds and possess a strong commitment to improving access to higher education and quality healthcare for historically underrepresented students and patients.
All qualified individuals are strongly encouraged to apply. Veterans' preference is extended to qualified applicants, upon request and consistent with University policy and Utah state law. Upon request, reasonable accommodations in the application process will be provided to individuals with disabilities.
The University of Utah is an Affirmative Action/Equal Opportunity employer and does not discriminate based upon race, ethnicity, color, religion, national origin, age, disability, sex, sexual orientation, gender, gender identity, gender expression, pregnancy, pregnancy-related conditions, genetic information, or protected veteran's status. The University does not discriminate on the basis of sex in the education program or activity that it operates, as required by Title IX and 34 CFR part 106. The requirement not to discriminate in education programs or activities extends to admission and employment. Inquiries about the application of Title IX and its regulations may be referred to the Title IX Coordinator, to the Department of Education, Office for Civil Rights, or both.
To request a reasonable accommodation for a disability or if you or someone you know has experienced discrimination or sexual misconduct including sexual harassment, you may contact the Director/Title IX Coordinator in the Office of Equal Opportunity and Affirmative Action ( OEO/AA). More information, including the Director/Title IX Coordinator's office address, electronic mail address, and telephone number can be located at: https://www.utah.edu/nondiscrimination/
Online reports may be submitted at oeo.utah.edu
https://safety.utah.edu/safetyreport This report includes statistics about criminal offenses, hate crimes, arrests and referrals for disciplinary action, and Violence Against Women Act offenses. They also provide information about safety and security-related services offered by the University of Utah. A paper copy can be obtained by request at the Department of Public Safety located at 1658 East 500 South.
Posting Specific Questions
Required fields are indicated with an asterisk (*).
Required Documents
Details
Open Date
05/10/2024
Requisition Number
PRN38509B
Job Title
OCHE Sr. Asst. Comm, The Point
Working Title
OCHE Sr. Asst. Comm, The Point
Job Grade
I
FLSA Code
Executive
Patient Sensitive Job Code?
No
Standard Hours per Week
40
Full Time or Part Time?
Full Time
Shift
Day
Work Schedule Summary
Hybrid: Mon – Fri 8am – 5pm
VP Area
President
Department
01379 - USHE Comissioner
Location
Office of the Commissioner - Downtown SLC
City
Salt Lake City, UT
Type of Recruitment
External Posting
Pay Rate Range
$130,000 - $150,000
Close Date
Open Until Filled
Yes
Job Summary
We are seeking a Senior Assistant Commissioner of Innovation, Commercialization, and Economic Development.
The successful candidate will be responsible for supporting the Associate Commissioner of Innovation, Commercialization, and Economic Development in managing the Utah Innovation Fund. They will play a key role in identifying venture capital partners to support future funding needs for startups, as well as industry partners to assist in assessing the market opportunity of the technology being considered. They will also help in developing out the vision, operations, and systems of the Innovation Lab and Fund with a targeted focus on commercialization efforts, including assisting in the development and investment of intellectual property, technology transfer operations for Utah Innovation Lab and Fund.
Responsibilities
- Independently evaluates the commercial potential by identifying new uses, markets, market size, competing technologies using personal knowledge of emerging technologies, information gleaned from university partners, experts and on-line databases.
- Collaborate with professors, students, and industry partners to identify research projects that have commercial potential.
- Experience working within the higher education sector in understanding the conditions and systems.
- Supporting efforts in fundraising strategies either for the Utah Innovation Fund, programming, or facilities.
- Use existing extensive network in the venture capital, PE, and business space to expand the company's network by attending industry events, conferences, and meetings to meet potential investors and partners for the Utah Innovation Fund and The Point Innovation team.
- Understand and stay up to date with university research and industry trends.
- Independently develops a strategy for each of the selected technologies or opportunities.
- Work with venture capital firms to connect opportunities to and from the Utah Innovation Lab Fund.
- Facilitate relationships between the fund and its stakeholders, entrepreneurs, and other key partners. Ensure transparent communication and maintain strong, trust-based relationships.
- Understand and stay up to date with industry changes related to compliance and law impacting Utah Innovation Fund
- Support due diligence process on potential investment opportunities and present findings to the investment committee.
- Proactively identifies potential problems with inventors, sponsors, and potential licensees.
- Proposes, promotes and/or helps to negotiate solutions or agreements.
- Participation on committees or industry associations as speaker, workshop leader, committee member, officer, etc. as requested by the Associate Commissioner.
- All other job duties or projects as assigned by the Associate Commissioner of Innovation, Commercialization & Economic Development.
- In state travel is necessary for this position. Infrequent out of state travel may be needed at times.
- International travel may be needed at times
DISCLAIMER
OCHE has reviewed this job description to ensure that essential functions and primary duties have been included. It is intended to provide guidelines for job expectations and the employee's ability to perform the position described. It is not intended to be construed as an exhaustive list of all functions, responsibilities, skills, and abilities. Additional functions and requirements may be assigned by supervisors as deemed appropriate. This document does not represent a contract of employment, and OCHE reserves the right to change this job description and/or assign tasks for the employee to perform, as OCHE may deem appropriate.
Minimum Qualifications
Education and Experience:
- Master's degree, equivalent work experience in a related field will be considered (1 years' experience is equivalent to one year of education)
- 12 years' experience in a related field
Preference may be given to applicants who meet the minimum requirements of the position, plus one or more of the
- 12+ years of full-time direct work experience in investments, preferably in a venture capital or private equity fund.
- Preference may be given to applicants with previous investment, commercialization, technology transfer, university administrative or research experience.
- Graduate Education; PhD (one year of graduate education experience is equivalent to one year of work experience)
- Applicants with higher education experience may be given preference.
- Entrepreneurial, communication and interpersonal skills are critical for success in this position; demonstrated ability to effectively communicate, build relationships with professors, students and venture capital firms required.
- Deep understanding of venture capital markets and investment strategies.
- Excellent analytical, decision-making, and problem-solving skills.
- Strong analytical skills and the ability to conduct due diligence on potential investment opportunities.
- Strong organizational and systems thinking expertise and the ability to manage multiple projects at once.
- A passion for innovation and the ability to identify new opportunities for growth.
- Experience in fundraising and relationship management.
Type
Benefited Staff
Special Instructions Summary
Additional Information
The University is a participating employer with Utah Retirement Systems (“URS”). Eligible new hires with prior URS service, may elect to enroll in URS if they make the election before they become eligible for retirement (usually the first day of work). Contact Human Resources at (801) 581-7447 for information. Individuals who previously retired and are receiving monthly retirement benefits from URS are subject to URS' post-retirement rules and restrictions. Please contact Utah Retirement Systems at (801) 366-7770 or (800) 695-4877 or University Human Resource Management at (801) 581-7447 if you have questions regarding the post-retirement rules.
This position may require the successful completion of a criminal background check and/or drug screen.
The University of Utah values candidates who have experience working in settings with students and patients from all backgrounds and possess a strong commitment to improving access to higher education and quality healthcare for historically underrepresented students and patients.
All qualified individuals are strongly encouraged to apply. Veterans' preference is extended to qualified applicants, upon request and consistent with University policy and Utah state law. Upon request, reasonable accommodations in the application process will be provided to individuals with disabilities.
The University of Utah is an Affirmative Action/Equal Opportunity employer and does not discriminate based upon race, ethnicity, color, religion, national origin, age, disability, sex, sexual orientation, gender, gender identity, gender expression, pregnancy, pregnancy-related conditions, genetic information, or protected veteran's status. The University does not discriminate on the basis of sex in the education program or activity that it operates, as required by Title IX and 34 CFR part 106. The requirement not to discriminate in education programs or activities extends to admission and employment. Inquiries about the application of Title IX and its regulations may be referred to the Title IX Coordinator, to the Department of Education, Office for Civil Rights, or both.
To request a reasonable accommodation for a disability or if you or someone you know has experienced discrimination or sexual misconduct including sexual harassment, you may contact the Director/Title IX Coordinator in the Office of Equal Opportunity and Affirmative Action ( OEO/AA). More information, including the Director/Title IX Coordinator's office address, electronic mail address, and telephone number can be located at: https://www.utah.edu/nondiscrimination/
Online reports may be submitted at oeo.utah.edu
https://safety.utah.edu/safetyreport This report includes statistics about criminal offenses, hate crimes, arrests and referrals for disciplinary action, and Violence Against Women Act offenses. They also provide information about safety and security-related services offered by the University of Utah. A paper copy can be obtained by request at the Department of Public Safety located at 1658 East 500 South.
Posting Specific Questions
Required fields are indicated with an asterisk (*).
Required Documents
- Resume
- Cover Letter
- Appropriate discharge document (such as a DD-214 – Member Copy 4) – Veteran Only – Call 801.581.2169
- Addendum to the University of Utah - Veteran Only - Call 801.581.2169 after submission
