Technology Transfer Trainee - Office For Technology Management

Scheduled Hours
40
Position Summary
The purpose of the Technology Transfer Trainee position is to develop skills and provide an experience in the commercial development of research discoveries. Under the supervision of business development staff, the trainee handles straightforward, uncomplicated agreements for both patented and unpatented intellectual property (IP), evaluates university technologies for commercial potential and market technologies.
Job Description
Primary Duties and Responsibilities

• Working with and assisting Technology Transfer Office staff in all activities required for transfer of technologies to the biotechnology, pharmaceutical, and medical device industries, from initial invention disclosure to licensing.
• Completes Technology Assessment and Commercial/Patent Reassessment on assigned invention disclosure within established OTM time frames. This assessment includes an evaluation of patentability and commercial opportunity. Make recommendations on appropriate IP protection (patent or copyright) and patent conversions.
• Works with OTM mentor and legal counsel (internal/outside) to protect intellectual property either through patenting or other proper tactics for assigned portfolio. Works with OTM mentor and patent coordinator to review patent filing/prosecution decisions and communicate with outside law firms.
• Develops marketing materials and website information on IP-protected cases. Markets IP and establish contacts with potential licensees. Works with OTM mentor to manage IP portfolio and decisions on future license potential.
• Negotiates key terms and execute simple license/material transfer agreements with licensees as directed by Business Development Directors or Business Development Associates.
• Data entry relating to technologies and licensing activities of the business development directors and business development associates.
• Performs other duties as assigned.

Preferred Qualifications

• MBA degree in educational background.
• Some business experience in private industry.
• Ability to assess the potential for a nascent technology in the commercial arena.
• Excellent communication skills and be able to prioritize and manage the assigned caseload.
• Exceptional and demonstrated ability to provide superior customer service to internal and external clients.

Required Qualifications

• Advanced degree in the life science/biomedical/medical/engineering areas or equivalent work/education combined experience.
• Understanding of patenting, contracts, and licensing activities, either in a university or a private industry.
• Ability to assess the potential for a nascent technology in the commercial arena.

Grade
G10
Salary Range
$48,700.00 - $80,500.00 / Annually
The salary range reflects base salaries paid for positions in a given job grade across the University. Individual rates within the range will be determined by factors including one's qualifications and performance, equity with others in the department, market rates for positions within the same grade and department budget.
Accommodation
If you are unable to use our online application system and would like an accommodation, please email CandidateQuestions@wustl.edu or call the dedicated accommodation inquiry number at 314-935-1149 and leave a voicemail with the nature of your request.
Pre-Employment Screening
All external candidates receiving an offer for employment will be required to submit to pre-employment screening for this position. The screenings will include criminal background check and, as applicable for the position, other background checks, drug screen, an employment and education or licensure/certification verification, physical examination, certain vaccinations and/or governmental registry checks. All offers are contingent upon successful completion of required screening.
Benefits Statement
Personal

• Up to 22 days of vacation, 10 recognized holidays, and sick time.
• Competitive health insurance packages with priority appointments and lower copays/coinsurance.
• Want to Live Near Your Work and/or improve your commute? Take advantage of our free Metro transit U-Pass for eligible employees. We also offer a forgivable home loan of up to $12,500 for closing costs and a down payment for homes in eligible neighborhoods.
• WashU provides eligible employees with a defined contribution (403(b)) Retirement Savings Plan, which combines employee contributions and university contributions starting at 7%.

Wellness

• Wellness challenges, annual health screenings, mental health resources, mindfulness programs and courses, employee assistance program (EAP), financial resources, access to dietitians, and more!

Family

• We offer 4 weeks of caregiver leave to bond with your new child. Family care resources are also available for your continued childcare needs. Need adult care? We've got you covered.
• WashU covers the cost of tuition for you and your family, including dependent undergraduate-level college tuition up to 100% at WashU and 40% elsewhere after seven years with us.

For policies, detailed benefits, and eligibility, please visit: https://hr.wustl.edu/benefits/
EEO/AA Statement
Washington University in St. Louis is committed to the principles and practices of equal employment opportunity and especially encourages applications by those from underrepresented groups. It is the University's policy to provide equal opportunity and access to persons in all job titles without regard to race, ethnicity, color, national origin, age, religion, sex, sexual orientation, gender identity or expression, disability, protected veteran status, or genetic information.
Diversity Statement
Washington University is dedicated to building a diverse community of individuals who are committed to contributing to an inclusive environment - fostering respect for all and welcoming individuals from diverse backgrounds, experiences and perspectives. Individuals with a commitment to these values are encouraged to apply.