The Director of Tax and Financial Services Policy will be responsible for leading policy development activities on financial services, capital markets, securities, and accounting issues that impact emerging biotechnology companies. The Director will also work with the Vice President of Tax Policy on a variety of policy areas, including capital formation, tax, SBIR, and other areas as requested.
The Director will be charged with monitoring legislative and regulatory policy developments, drafting advocacy documents (comment letters, congressional testimony, etc.), conducting research, developing written analyses, and conducting advocacy outreach as necessary.
The Director will also be responsible for working directly with BIO's emerging company membership to develop and advance BIO’s financial services policies. The Director will work with the Vice President of Tax Policy to staff the Board-level Capital Formation Committee and the staff-level Finance & Tax Committee.
- Lead in the development of legislative and regulatory policies relating to financial services, capital markets, securities, and accounting issues.
- Support the Vice President of Tax Policy in tax policy development activities and management of Board and staff-level committees.
- Monitor legislative and regulatory policy developments, conduct research, and engage in advocacy activities to support BIO’s capital formation policy goals and objectives.
- Monitor relevant capital formation, financial services, accounting, and tax policy areas and proactively identify new areas for review and analysis as needed.
- Create opportunities to advance BIO’s financial services and capital formation policy objectives.
- Develop actions for BIO's advocacy work plan on relevant policy areas.
- Develop written materials (one pagers, white papers, Board memos) with background and explanations on policy positions.
- Participate in outreach activities to both Hill and regulatory staff as needed to support BIO’s policy objectives. Maintain and develop new, constructive relationships with pertinent government officials, biotechnology industry representatives, and other individuals and organizations necessary to accomplish BIO’s financial services and capital formation policy goals.
- Communicate with BIO member representatives, including BIO Board members and/or Emerging Company Section Governing Board members regarding financial services matters. Includes leading discussions, as appropriate, for Capital Formation Committee and Finance & Tax Committee on relevant policy matters.
- Work closely with BIO staff and consultants to provide policy advice and execute BIO’s work plan.
- Appropriately represent the biotechnology industry at all times.
- Other duties/projects as assigned.
- Strong academic training required; graduate studies preferred.
- Solid understanding of the regulatory and legislative process; 3-5 years of specific experience and understanding of financial services sector regulations and legislation, SEC and other relevant regulatory guidance
- Experience with the biotechnology, financial services, accounting, tax, or related industries preferred.
- Background with the legislative environment or a relevant regulatory agency (e.g., SEC) strongly preferred
- College degree or equivalent years of experience
- 7+ years of related work experience required
- Advance degree is a plus
- Maturity and appropriate level of discretion and tact in managing relationships with senior company executives and senior government officials. Highest degree of professionalism in representing BIO and its members.
- Superb written and oral communication skills required.
- Proven ability for research, policy analysis, and conceptual, logical, and strategic thinking.
- Thorough understanding of Committee management, including consensus-building skills.
- Highly driven, conscientious, results-oriented individual with pragmatic outlook. Strong ability to work as part of team; balances by confidence, independence and initiative. Willingness to travel moderately, as necessary.