Assistant Vice President, Medical Innovation Incubator Research & Innovation

For more than a hundred years, L’Oréal believes that beauty needs science. In a world now transformed by digital technology and the emergence of new scientific domains, we are confident in our ability to turn these opportunities into major innovations, closely linked to the new consumer expectations all over the world. Science & Technology are allowing us to invent safe, trustable, sustainable & responsible beauty productsand experiences that will change people’s lives.

Assistant Vice President, Medical Innovation Incubator – Advanced Research

Location: Clark, NJ

The Medical Innovation Incubator is a pioneering organization dedicated to fostering innovation in the new frontier of medical aesthetics and dermatology. We provide a dynamic and collaborative environment for entrepreneurs, researchers, and healthcare professionals to develop groundbreaking technologies and solutions that enhance consumer outcomes and revolutionize the industry.

What you will be working on:

As the AVP of Medical Innovation Incubator, you will report into the global head of the Regenerative Beauty Domain, play a pivotal role in leading our North America based incubator program, overseeing the development of innovative medical aesthetic technologies and solutions. You will work closely with a diverse team of entrepreneurs, business development, researchers, industry experts, and investors to identify promising projects, provide strategic guidance, and facilitate their successful development and commercialization.

1. Program Leadership: Provide strategic direction and vision for the medical program with a focus on external opportunities.

2. Project Management: Manage the incubation process from project ideation, due diligence, evaluation, selection, to development into clinical stage, ensuring projects meet milestones and deliverables.

3. Team Collaboration: Foster a collaborative and supportive environment for entrepreneurs, researchers, open innovation, business development, clinical team, regulatory experts, marketing team, to exchange ideas and expertise and accelerate projects.

4. Mentorship: Provide scientific mentorship and guidance to incubator participants and stakeholders, helping them navigate challenges and maximize their potential for success.

5. Partnership Development: Cultivate and maintain relationships with key industry partners, business development, internal research team, and stakeholders to ensure project orchestration, organization, funding, updates, and commercialization opportunities.

6. Market Analysis: Conduct market research and analysis to identify emerging trends, unmet needs, and opportunities for innovation in the beauty industry.

7. Regulatory Compliance: Stay up-to-date on regulatory requirements and standards relevant to medical technologies, ensuring compliance throughout the incubation process.

8. Networking: Represent the incubator program at academic and industry events, conferences, and networking opportunities to raise awareness and attract top talent and partners.

What you bring:

• Advanced degree such as MD, PhD, or PharmD in a relevant field (e.g., clinical medicine, biomedical engineering, life sciences, pharmaceutical sciences) with a minimal of 10 years industrial experience
• Proven track record of leadership and success in incubating and commercializing innovative technologies, preferably in the medical aesthetic, dermatology, or healthcare industry.
• Strong understanding of the dermatology and medical aesthetic market landscape, including key players, trends, and regulatory considerations, both in the US and global.
• Excellent communication, interpersonal, and presentation skills.
• Strategic thinker with the ability to identify opportunities and drive results in a fast-paced, entrepreneurial environment.
• Collaborative team player with a passion for fostering innovation and making a positive impact in the medical aesthetic industry.

What's In It For You:

• Corporate Short-Term Incentives (Corporate Profit-Sharing Bonus, Individual Performance Bonuses based on level)
• Competitive Benefit Package (Medical, Dental, Vision, 401K, Pension Plan)
• Flexible Time Off (Paid Company Holidays, Paid Vacation, Vacation Buy Program, Volunteer Time, Summer Fridays & More!)
• Access to Company Perks (VIP Access to L’Oréal’s Internal Shop for Discounted Products)
• Learning & Development Opportunities (Unlimited Access to E-learnings, Lunch & Learn Sessions, Mentorship Programs, & More!)
• Employee Resource Groups (Think Tanks and Innovation Squads)
• Access to Mental Health & Wellness Programs

Don’t meet every single requirement? AtL'Oréal, we are dedicated to building a diverse, inclusive, and innovative workplace. If you’re excited about this role but your past experience doesn’t align perfectly with the qualifications listed in the job description, we encourage you to apply anyways! You may just be the right candidate for this or other roles!

We are an Equal Opportunity Employer and take pride in a diverse environment. We do not discriminate in recruitment, hiring, training, promotion or other employment practices for reasons of race, color, religion, gender, sexual orientation, national origin, age, marital or veteran status, medical condition or disability, or any other legally protected status.

If you require a reasonable accommodation to complete an application for a recognized disability under applicable law, please ema. Please note this email will only respond to specific requests for assistance completing the application as are quest for accommodation for a disability. All others will not be considered.