Boston Scientific Clinical Fair Market Value Analyst 

United States, Minnesota 

713988276

This role involves building and reviewing budgets across the globe while adhering to the standards set by global regulatory bodies. Additionally, the Analyst will review escalated fees that exceed established parameters, evaluating site-provided rationale and justification to ensure compliance with organizational standards.

This is a hybrid position (in office minimum three days per week) with the flexibility to be located in Arden Hills or Maple Grove, MN or Marlborough, MA or Valencia, CA. You will have the opportunity to discuss your preferred working location with your Talent Acquisition Specialist.

Your responsibilities will include:

• Develop and maintain budgetary negotiation ranges for study activities based on protocol-driven procedures, time, and effort, ensuring alignment with industry standards and global regulatory requirements.
• Collaborate with the Clinical Trial team, and other cross-functional partners, to identify and implement high-impact solutions that enhance operational efficiency and expedite the budget development process.
• Review and analyze escalated fees that exceed established parameters, evaluating site-provided rationale and justification for compliance.
• Utilize risk-based approaches to ensure elite performance in the FMV process, proactively identifying potential challenges and recommending solutions.
• Communicate effectively with internal and cross-functional stakeholders to ensure smooth and expedient processes, providing clear updates on timelines and potential risks.
• Monitor market trends and regulatory changes to keep FMV rates competitive and compliant.
• Participate in the development and refinement of FMV policies and procedures to improve overall operational effectiveness.
• Assist in training and onboarding new team members on FMV processes and best practices.
• Maintain accurate and organized records of FMV agreements and negotiations for auditing and reporting purposes.
• Foster collaborative relationships with internal and cross-functional stakeholders to enhance understanding of FMV processes and promote transparency.

Required qualifications:

• Minimum Bachelor’s degree in business, finance, or a related field, or equivalent professional experience.
• Minimum 3 years of experience in market value analysis, ideally within the clinical research or healthcare related field
• Familiarity with Good Clinical Practice (GCP) and global regulatory standards.

Preferred qualifications:

• Experience with budget development and site study startup activities in clinical research
• Knowledge of global regulatory requirements and standards relevant to FMV and clinical research
• Proficiency in data analysis tools and software relevant to FMV analysis (e.g. Grants Manager or Grants Plan)

Compensation fornon-exempt (hourly), non-sales rolesmay also include variable compensation from time to time (e.g., any overtime and shift differential) and annual bonus target (subject to plan eligibility and other requirements).

Compensation forexempt, non-sales rolesmay also include variable compensation, i.e., annual bonus target and long-term incentives (subject to plan eligibility and other requirements.

For MA positions:It is unlawful to require or administer a lie detector test for employment. Violators are subject to criminal penalties and civil liability.

Please be advised that certain US based positions, including without limitation field sales and service positions that call on hospitals and/or health care centers, require acceptable proof of COVID-19 vaccination status. Candidates will be notified during the interview and selection process if the role(s) for which they have applied require proof of vaccination as a condition of employment. Boston Scientific continues to evaluate its policies and protocols regarding the COVID-19 vaccine and will comply with all applicable state and federal law and healthcare credentialing requirements. As employees of the Company, you will be expected to meet the ongoing requirements for your roles, including any new requirements, should the Company’s policies or protocols change with regard to COVID-19 vaccination.