Associate Director, M&A Corporate Development (San Diego/Hybrid)

What if the work you did every day could impact the lives of people you know? Or all of humanity?

At Illumina, we are expanding access to genomic technology to realize health equity for billions of people around the world. Our efforts enable life-changing discoveries that are transforming human health through the early detection and diagnosis of diseases and new treatment options for patients.

Working at Illumina means being part of something bigger than yourself. Every person, in every role, has the opportunity to make a difference. Surrounded by extraordinary people, inspiring leaders, and world changing projects, you will do more and become more than you ever thought possible.

Position Summary:
The Associate Director, Corporate Development, is a senior leader responsible for driving Illumina’s global growth agenda through M&A, strategic partnerships, joint ventures, new business creation, and equity investments. This role leads the full deal lifecycle—from strategy formation and opportunity sourcing to execution, negotiation, and integration—while shaping long-range strategic priorities for the company. The Associate Director partners closely with executive leadership and cross-functional teams to evaluate transformational opportunities, build investment theses, and ensure successful delivery of strategic initiatives. This position sits within Illumina’s Corporate & Business Development (CBD) organization, which oversees the analysis, execution, and governance of strategic partnerships, acquisitions, and high-impact commercial initiatives.

*Please provide a deal sheet and updated resume with your application to successfully process your profile for review.

Responsibilities:

• Inorganic Strategy and Target Landscaping
  Lead and shape Illumina’s strategic opportunity pipeline by defining external growth strategy (build vs. buy vs. partner), priority spaces, unmet needs, and long-term growth themes. Establish clear investment theses, articulate where Illumina must play to win, and build forward-looking landscapes that integrate market trends, competitive dynamics, scientific innovation, and technology inflection points.
• Deal Sourcing & Evaluation
  Independently identify, source, and evaluate M&A and partnership opportunities across global markets. Conduct targeted assessments of companies and technologies—including competitive positioning, scientific and IP strength, commercial models, and financial implications—and translate insights into clear, actionable recommendations for senior executives.
• Transaction Leadership
  Independently lead transactions of varying scale and complexity. Develop investment theses, coordinate early-stage discussions, lead valuation, deal structuring, diligence planning and management, and complex deal structuring and negotiation, partner with Legal and Finance, and prepare executive- and board-level materials. Establish and drive diligence timelines, synthesize findings, identify risks, and develop mitigation plans. Provide clear, actionable conclusions to executive leadership. Act as a point of accountability for advancing deals through Illumina’s governance process.
• Integration & Value Capture
  Partner with integration leaders to design integration strategies, operating models, and synergy plans for completed acquisitions. Support PMO execution through structured workstreams, governance cadence, KPI reporting, and risk management to ensure effective operational and financial value realization.
• Executive Communication & Influence
  Develop high-quality materials and analyses for the Executive Leadership Team (ELT), CEO, CFO, and Board of Directors. Communicate complex strategic, financial, and technical issues with clarity and authority. Influence decision-making across senior stakeholders.

Requirements:

• Typically requires a Bachelor’s degree and a minimum of 15 years of related experience leading or significantly contributing to M&A transactions, including evaluation, diligence, negotiation, and integration, with 7+ years of Management experience, or an equivalent combination of experience and education.
• Must have advanced investment and acquisition modeling skills developed from an analyst level role (IB or equivalent).
• Must have exceptional M&A modeling experience with M&A investment banking, Big 4, private equity or equivalent experience starting at the analyst level
• Demonstrated track record of independently driving deal analysis and cross-functional workstreams at a leading investment bank, private equity/venture firm, or corporate development team.
• Strong strategic thinking with the ability to translate scientific, commercial, and financial insights into actionable recommendations.
• Global transaction experience strongly preferred.
• Deep knowledge of the biotechnology, genomics, or diagnostics sectors, with familiarity across emerging technologies and competitive dynamics.
• Exceptional communication, executive presence, and stakeholder management skills, with the ability to partner effectively across senior leadership.
• Must be able to travel domestically and internationally up to 25% of the time to support team collaboration, attend key business meetings, and engage with stakeholders across multiple locations. A valid passport is required and/or additional documentation (e.g., travel visas) may be necessary based on destination-specific requirements.
• This is a full-time role, Monday through Friday, with an expectation of 2- 3 in-office days per week and additional on-site presence as needed. The individual must reside in the San Diego area and be able to commute to our corporate offices. 

#LI-HYBRID

The estimated base salary range for the Associate Director, M&A Corporate Development (San Diego/Hybrid) role based in the United States of America is: $170,600 - $255,800. Should the level or location of the role change during the hiring process, the applicable base pay range may be updated accordingly. The range reflects long‑term growth in the role. Most candidates are hired between the minimum and middle of the range. Placement depends on experience, skills, location, and internal equity. Additionally, all employees are eligible for one of our variable cash programs (bonus or commission) and eligible roles may receive equity as part of the compensation package. We offer a wide range of benefits as innovative as our work, including access to genomics sequencing, family planning, health/dental/vision, retirement benefits, and paid time off.

We are a company deeply rooted in belonging, promoting an inclusive environment where employees feel valued and empowered to contribute to our mission. Built on a strong foundation, Illumina has always prioritized openness, collaboration, and seeking alternative perspectives to propel innovation in genomics. We are proud to confirm a zero-net gap in pay, regardless of gender, ethnicity, or race. We also have several Employee Resource Groups (ERG) that deliver career development experiences, increase cultural awareness, and offer opportunities to engage in social responsibility. We are proud to be an equal opportunity employer committed to providing employment opportunity regardless of sex, race, creed, color, gender, religion, marital status, domestic partner status, age, national origin or ancestry, physical or mental disability, medical condition, sexual orientation, pregnancy, military or veteran status, citizenship status, and genetic information. Illumina conducts background checks on applicants for whom a conditional offer of employment has been made. Qualified applicants with arrest or conviction records will be considered for employment in accordance with applicable local, state, and federal laws. Background check results may potentially result in the withdrawal of a conditional offer of employment. The background check process and any decisions made as a result shall be made in accordance with all applicable local, state, and federal laws. Illumina prohibits the use of generative artificial intelligence (AI) in the application and interview process. If you require accommodation to complete the application or interview process, please contact [email protected]. To learn more, visit: https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf. The position will be posted until a final candidate is selected or the requisition has a sufficient number of qualified applicants.