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The Role
Supports Mercedes-Benz venture investments and strategic partnerships across North America, focusing on digitization and electrification. Responsibilities include identifying and evaluating technology partners, developing engagement models, executing proof-of-concepts, conducting market research and financial modeling, performing strategic, commercial, and technical due diligence, negotiating cooperation projects, and managing investment and collaboration portfolios.
Summary Generated by Built In
At Mercedes-Benz Research & Development North America (MBRDNA), we are committed to delivering world-class automotive technologies that push the boundaries of what is possible. Our teams of highly skilled engineers and designers use cutting-edge software and technology, to enhance the driving experience and reduce environmental impact.
Do you want to drive the digitization and electrification of Mercedes-Benz? Are you a networker with an aptitude for execution? We are looking for an individual who will support Mercedes-Benz’s venture investment and strategic partnerships efforts in North America. You will be working closely with the global tech, venture and partnerships teams in Germany and support a high-impact local team. Your scope will include identifying, selecting, and managing external partnerships and investment opportunities, primarily in the areas of digitization and electrification, while driving cross-functional teams. This is a high-visibility, high potential role that will help define short, mid-term and long-term roadmaps by leveraging the North America ecosystem.
Relocation assistance (domestic or international) is not provided for this position.
Job Responsibilities:
- Partner with business unit leaders on strategy development, including identifying product gaps, evaluating cooperation options, and collaborating on target selection criteria.
- Work alongside development teams to productize innovations in partnership with early to late stage high-tech companies.
- Develop engagement models for early to late stage high-tech companies for Mercedes-Benz
- Assess product and company fitness for long-term strategic partnership.
- Ideate, Plan and Execute proof of concepts with internal and external engineering and design teams.
- Develop network of industry contacts, venture capital firms, and advisory executives to bring knowledge of market trends and opportunities to bear on strategic discussions.
- Responsibilities include screening, selection and evaluation of possible external cooperation partners located in North America leading to proof of concept (POC) and cooperation agreements.
- Identifying technology and innovation trends, seek and negotiate future cooperation projects with partners and start-ups. Moreover, execute, integrate and evaluate strategic, commercial and technical due diligence work streams together with the technical specialty units.
- Deal execution including conducting due diligence on M&A and venture investment/divestment, market research, financial modeling, preparation of investment memos.
- Support the coordination, implementation and tracking of current and future portfolio of investments and collaboration activities.
Minimum Qualifications:
- Bachelor’s Degree
- Strong academic record/degree
- 3+ years of relevant work experience
- Experience working in strategy consulting, investment banking, or venture capital
- Passion in automotive technology and innovation a plus
- Strong analytical skills, positive attitude and work ethic
- Excellent written and oral communication skills
- Fluent in English
Preferred Qualifications:
- Master’s Degree preferred
The successful candidate’s starting pay will be determined based on a wide range of factors, including, but not limited to, job-related education, skills, and experience, geographic location, and market conditions. The current salary range for this position is as follows and may be modified in the future: $107,400 - $134,300.
This position may involve access to export-controlled technology, hardware, or software under the Export Administration Regulations (EAR), 15 C.F.R. Parts 730-774 and possibly technical data, defense articles and defense services subject to the International Traffic in Arms Regulations (ITAR), 22 C.F.R. Parts 120-130. As such, Mercedes-Benz Research & Development North America may be required to obtain an export license or authorization in accordance with United States law.
Why should you apply?
Here at MBRDNA, you create digital ecosystems around cars, you design a language between humans and machines, you make a car even more intelligent - you make the new reality for cars. MBRDNA was honored as one of the "Best Places to Work" by BuiltIn in January 2024, a testament to our commitment to creating an exceptional work environment. At each of our offices, we foster a culture of collaboration and continuous learning, ensuring every team member can thrive and innovate.
Benefits for Full-Time* Employees Include:
• Medical, dental, and vision insurance for employees and their families
• 401(k) with employer match
• Up to 15 company-paid holidays
• Paid time off (flexible time off for salaried employees), sick time, and parental leave
• Tuition assistance program
• Wellness/Fitness reimbursement programs
* Internships & Contractors excluded from Full-Time Employee benefits
MBRDNA is an equal opportunity employer (EOE) and strongly supports diversity in the workforce. MBRDNA only accepts resumes from approved agencies who have a valid Agency Agreement on file. Please do not forward resumes to our applicant tracking system, MBRDNA employees, or send to any MBRDNA location. MBRDNA is not responsible for any fees or claims related to receipt of unsolicited resumes.
Mercedes-Benz Research and Development North America, Inc.
PRIVACY NOTICE FOR CALIFORNIA RESIDENTS
https://mbrdna.com/california-employee-privacy-notice/
Skills Required
- Bachelor's degree
- Strong academic record
- 3+ years of relevant work experience
- Experience in strategy consulting, investment banking, or venture capital
- Strong analytical skills
- Positive attitude and strong work ethic
- Excellent written and oral communication skills
- Fluent English
- Master's degree
- Passion for automotive technology and innovation
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The Company
What We Do
Mercedes-Benz Research & Development North America (MBRDNA) is continuously striving to innovate premium mobility. It is a place for exceptional people with outstanding ideas and the absolute willingness to bring them to life. We are not about cars only - we are also about the latest and greatest software, cutting-edge technology, and groundbreaking innovation: Embedded in a worldwide network MBRDNA is headquartered in Silicon Valley, California, with key areas of Autonomous Driving, Advanced Interaction Design, Digital User Experience, Machine Learning, Costumer Research, and Open Innovation. In Redford, Michigan, the focus is on Powertrain and eDrive technology as well as in Long Beach, where the teams test durability of the latest driver assistant and telematic systems. The Digital Hub in Seattle focusses on developing a cloud architecture and building out the cloud platform for the next generation of connected car services. The Testing and Regulatory Affairs Division in Ann Arbor and the Advanced Vehicle Design in Carlsbad complete the competence center.
