Head of Innovation & Commercialisation

Job Description

Career Opportunities: Head of Innovation & Commercialisation (42595) Requisition ID 42595 - Posted - Growth and Innovation - Innovation and Commercialisation - MCRI-Parkville - Australia - VIC - Job Function (1) Role Type: Full time permanent positionSalary: Competitive salary + superannuation + salary packaging benefitsThe opportunity: Murdoch Children’s Research Institute (MCRI) is seeking a dynamic and visionary leader for the senior position of Head of Innovation and Commercialisation . This key role will drive MCRI’s mandate to be an Impact organisation powered by world-class research. The successful candidate will lead a high-performing team responsible for managing an extensive range of assets across biotechnology, MedTech/HealthTech, diagnostics, and clinical and social innovation. The Head of Innovation and Commercialisation will be a strategic leader with a proven ability to manage innovation assets from concept to market, build partnerships, attract investment, and elevate MCRI’s visibility and reputation on the national and international stage. This role is focused on ensuring the translation of research into impactful solutions that improve children’s health outcomes globally. Your responsibilities will include: Leadership & Strategy: Lead the Innovation and Commercialisation team in developing and executing MCRI’s strategy for innovation across a range of disciplines. Identify new opportunities and drive a robust pipeline of products and services that address key challenges in children’s health. Partnership & Investment: Identify, attract, and manage key partnerships, ventures, and investments across diverse sectors, including biotechnology, diagnostics, MedTech, and HealthTech. Establish MCRI as a global leader in child health innovation. Team Development: Lead, mentor, and develop a team skilled in business development, intellectual property (IP) management, licensing, and company formation. Foster an innovation culture that continuously generates new opportunities. Stakeholder Engagement: Communicate MCRI’s innovation outcomes to diverse stakeholders, including government, industry, and investors. Elevate MCRI’s profile and drive awareness of the Institute’s impact on child health. Financial & Risk Management: Oversee financial performance, manage portfolio risk, and ensure prudent oversight of IP assets. Approve licensing deals and ensure alignment with MCRI’s strategic priorities. Reporting & Compliance: Provide strategic updates to senior management and the MCRI Board, with responsibility for quarterly reporting to the Innovation Subcommittee. Ensure compliance with statutory requirements and industry standards. Key Accountabilities: Develop and refine MCRI’s asset strategy in collaboration with research teams and leaders. Lead business development efforts, securing investment and partnership opportunities. Drive the commercialisation process, from product identification to market entry. Maintain seamless coordination with internal teams, including legal, finance, and operations. Ensure compliance with fiscal accountability, reporting requirements, and legal standards. Selection Criteria: Experience: Proven success in leading commercialisation and translation of life sciences research at a national or international level. Strong track record in taking products from early-stage innovation to commercial success. Leadership: Extensive experience leading high-performing teams, influencing stakeholders, and driving organisational change in complex environments. Qualifications: Tertiary qualifications in health, medicine, or life sciences. An MBA is desirable. Board director or CEO experience in the life sciences sector is highly valued. Commercial Acumen: Exceptional skills in financial management, strategic decision-making, and navigating commercial and legal processes in the life sciences sector. Communication & Relationship Building: Strong communication, relationship management, and influencing skills, with the ability to present effectively to diverse audiences. Passion for Impact: A commitment to improving child and adolescent health outcomes, with a focus on creating social and clinical impact over financial returns. If you’re a senior leader with a passion for transforming innovative research into life-changing solutions, we encourage you to apply for the Head of Innovation and Commercialisation role at MCRI. Join us in our mission to drive world-leading research and improve children’s health globally. If you believe this role is a good fit for you, please apply by submitting: Your resume A cover letter addressing the selection criteria Ensure these documents are combined into a single PDF file. We welcome individuals of diverse genders, ages, ethnicities, cultural backgrounds, abilities, religions, and sexual orientations in our workplace. We actively encourage talented individuals from all walks of life to apply for our job openings. Our commitment lies in fostering a workplace that is barrier-free and inclusive, aiming to attract the most skilled candidates. For any questions related to the recruitment process, feel free to reach out to our Recruitment team at Ensure that you include the position number and job title in the subject line. Please refrain from sharing your application to this email address. Applications close: Monday 10 March 2025 AUS Eastern Daylight time #J-18808-Ljbffr