Technology Licensing Specialist

Job Posting Title: Technology Licensing Specialist Hiring Department: Discovery to Impact Position Open To: All Applicants Weekly Scheduled Hours: 40 FLSA Status: Exempt Earliest Start Date: Mar 01, 2023 Position Duration: Expected to Continue Location: UT MAIN CAMPUS Job Details: General Notes The Discovery to Impact team at The University of Texas at Austin brings research discoveries to the marketplace to impact the world. Discovery to Impact manages the university's intellectual property, oversees corporate sponsored research, and provides support for UT–affiliated startups. By driving commercialization that translates research into products and services that benefit society, we contribute to UT Austin's mission to be the world's highest–impact public research university. Discovery to Impact is committed to building an inclusive environment, free from all forms of hate, racism and injustice, where students, faculty, researchers and staff feel safe and supported. We are proud to be an Equal Opportunity Employer and welcome all quali???ed applicants regardless of race, ethnicity, physical ability, sexual orientation, gender and gender expression, or socioeconomic background. UT Austin offers a competitive benefits package that includes: 100% employer–paid basic medical coverage. Retirement contributions: Teacher Retirement System of Texas (TRS) Paid vacation and sick time. Paid holidays. Please visit our Human Resources (HR) website to learn more about the total benefits offered. Flexible work arrangements and telework options may be available. Purpose The Discovery to Impact team at The University of Texas at Austin is seeking a Licensing Specialist to manage the pipeline of patent license and related agreements for life science technologies. The Licensing Specialist will be a part of the Licensing and Collaborative Research team whose efforts maximize the velocity and quality of IP–transfer agreements to industry partners and startups. UT Austin's research enterprise receives more than $600 million a year in research contracts and grants, and is home to 17 top–10 ranked graduate programs. The life science IP portfolio covers therapeutics, diagnostics, and medical devices at various stages of clinical development and regulatory approval, including contributions to COVID–19 vaccines that have been administered to millions of people over the globe. The life science IP portfolio also includes technologies that can reduce pollution and contribute to a healthier planet and ecosystem. The Licensing Specialist will play an integral role in realizing the societal and economic impact of the world–changing technologies invented at UT Austin. Responsibilities Negotiate terms sheets and contracts that minimize friction and maximize deal flow with industry partners and startups. Collaborate with the Business Development team to structure partnerships that incentivize development of UT Austin technologies. Close deals that enable commercial partners to realize the societal and economic potential of UT Austin inventions, and equitably share proceeds with stakeholders. Manage relationships with industry partners once a contract is executed, regularly engaging to foster productive alliances. Actively coordinate with compliance to ensure licensee performance and diligent commercialization efforts. Draft and negotiate patent license agreements and related contracts including amendments, options, confidentiality agreements, and joint–ownership agreements. Coordinate with the Intellectual Property (IP) and Business Development (BD) teams on continuous advancement of the Life Science intellectual property portfolio. Actively engage in outreach with the UT Austin faculty and the Austin community to raise awareness of the services provided by Discovery to Impact, and promote a culture of innovation. Required Qualifications Bachelor's Degree in Life Sciences. Knowledge of basic principles of patent law and contracts. Ability to work independently and solve problems. Excellent problem–solving, collaboration, and oral and written communication skills. Track record of self–motivated accomplishments and demonstrations of detail–oriented work. Ability to work effectively with internal and external stakeholders to achieve consensus and promote good long–term relationships. Experience working within Life Science sectors in contracting, IP, business development, or technical role. Relevant education and experience may be substituted as appropriate. Preferred Qualifications Advanced degree in Life Sciences. More than 2 years of experience working within technology transfer, intellectual property, business development, or contracting. Familiarity with technology transfer agreements with licensing terms for patent and non–patent intellectual property. Advanced understanding of patent law, and how businesses and investors derive value from intellectual property. Knowledge of policies and issues relating to commercialization of university science–based research. Experience supporting startups that are developing new technologies. Experience with research collaborations between industry and academic partners. Salary Range OPEN Working Conditions Typical office environment Repetitive use of a keyboard at a workstation Use of manual dexterity May require extended work hours and travel Required Materials Resume/CV 3 work references with their contact information; at least one reference should be from a supervisor Letter of interest Important for applicants who are NOT current university employees or contingent workers: You will be prompted to submit your resume the first time you apply, then you will be provided an option to upload a new Resume for subsequent applications. Any additional Required Materials (letter of interest, references, etc.) will be uploaded in the Application Questions section; you will be able to multi–select additional files. Before submitting your online job application, ensure that ALL Required Materials have been uploaded. Once your job application has been submitted, you cannot make changes. Important for Current university employees and contingent workers: As a current university employee or contingent worker, you MUST apply within Workday by searching for Find UT Jobs. If you are a current University employee, log–in to Workday, navigate to your Worker Profile, click the Career link in the left hand navigation menu and then update the sections in your Professional Profile before you apply. This information will be pulled in to your application. The application is one page and you will be prompted to upload your resume. In addition, you must respond to the application questions presented to upload any additional Required Materials (letter of interest, references, etc.) that were noted above. Employment Eligibility: Regular staff who have been employed in their current position for the last six continuous months are eligible for openings being recruited for through University–Wide or Open Recruiting, to include both promotional opportunities and lateral transfers. Staff who are promotion/transfer eligible may apply for positions without supervisor approval. Retirement Plan Eligibility: The retirement plan for this position is Teacher Retirement System of Texas (TRS), subject to the position being at least 20 hours per week and at least 135 days in length. Background Checks: A criminal history background check will be required for finalist(s) under consideration for this position. Equal Opportunity Employer: The University of Texas at Austin, as an equal opportunity/affirmative action employer, complies with all applicable federal and state laws regarding nondiscrimination and affirmative action. The University is committed to a policy of equal opportunity for all persons and does not discriminate on the basis of race, color, national origin, age, marital status, sex, sexual orientation, gender identity, gender expression, disability, religion, or veteran status in employment, educational programs and activities, and admissions. Pay Transparency: The University of Texas at Austin will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. Employment Eligibility Verification: If hired, you will be required to complete the federal Employment Eligibility Verification I–9 form. You will be required to present acceptable and original documents to prove your identity and authorization to work in the United States. Documents need to be presented no later than the third day of employment. Failure to do so will result in loss of employment at the university. E–Verify: The University of Texas at Austin use E–Verify to check the work authorization of all new hires effective May 2015. The university's company ID number for purposes of E–Verify is 854197. For more information about E–Verify . click apply for full job details