Career Area:

Job Description:

Your Work Shapes the World at Caterpillar Inc.

When you join Caterpillar, you're joining a global team who cares not just about the work we do – but also about each other.  We are the makers, problem solvers, and future world builders who are creating stronger, more sustainable communities. We don't just talk about progress and innovation here – we make it happen, with our customers, where we work and live. Together, we are building a better world, so we can all enjoy living in it.

Caterpillar’s EMD division is hiring for Transaction Manager in Peoria, IL!

Role Summary:
The Transaction Manager in this role is responsible for securing intellectual property rights for Caterpillar via robust agreements and acting as a risk advisor for protecting the intellectual property of Caterpillar, and those with whom we do business.

The successful candidate is responsible for both identifying key elements of, and protecting Caterpillar’s interest in, intellectual property in development and license transactions. Every transaction must be negotiated to enhance Caterpillar’s differentiation and to provide customer benefit. The successful candidate leads or participates in deal teams across a wide array of agreements including non-disclosure, supplier, joint development, patent or know-how license, and sponsored research. The leader develops creative deal structures and term sheets, analyzes business cases, and is an interface between the responsible business manager and the corporate attorney drafting the agreement.

They also serve as a risk advisor for technical information protection, both Caterpillar’s and confidential information of others entrusted to us. This role includes providing training, advocacy, and consultation to the engineering community regarding the need for IP protection.

It is also expected that this role will facilitate and manage the workflow processes for non-disclosure agreement requests, particularly business processes related to risk mitigation.

What You’ll Do (Job Duties)

• Creates deal structures and IP terms that meet the needs of all the parties.

• Creates executive summaries and/or risk assessments of agreements for the signatory

• Accurately interprets legal language and conveys such to the parties

• Offers wording for, or actual redlines of, legal documents

• Adds velocity and sense of urgency to deal making

• Provides agreement solutions; addresses outstanding issues and concerns

• Works with IP terms in various legal agreements including: Non-Disclosure Agreements, Joint Development Agreements, University Sponsored Research Agreements, Government Contracts, Consulting Agreements, Evaluation Agreements, and License Agreements

• Creates IP protection thought leadership guidelines including enterprise procedures

• Actively trains internal organizations about the value of intellectual assets and the need to protect them. Actively assists business units with intellectual asset protection.

• Facilitates and maintains the non-disclosure agreement request workflow process, including in proactively engaging in risk mitigation where required through training and coaching where needed.

What You Have (Core Skills)

• Products and Services: Knowledge of major products and services and product and service groups; ability to apply knowledge of product and service appropriately to diverse situations.
• Technical Excellence: Knowledge of a given technology and various application methods; ability to develop and provide solutions to significant technical challenges.
• Influencing Through Expertise: Knowledge of effective influencing tactics and strategies; ability to use these to deepen own expertise and impact or challenge decisions within and outside own organization.
• Project Management: Knowledge of effective project management strategies and tactics; ability to plan, organize, monitor, and control projects, ensuring efficient utilization of technical and administrative resources to achieve project objectives.
• Team Management: Knowledge of effective team building techniques; ability to form and manage effective teams.
• Requirements Analysis: Knowledge of tools, methods, and techniques of requirement analysis; ability to elicit, analyze and record required business functionality and non-functionality requirements to ensure the success of a system or software development project.
• Troubleshooting Technical Problems: Knowledge of troubleshooting approaches, tools and techniques; ability to anticipate, detect and resolve technical problems in a manufacturing or product development environment.
• Product Design and Development: Knowledge of product features; ability to design, build, and develop a new product, technology, or service from concept through to production.
   

Top Candidates Will Also Have

• Experience negotiating or working on intellectual property agreements or valuations
• Experience working with external funding organizations including governments
• Extensive network within the engineering community
• Demonstrated innovative mindset and approach to problem solving
• Demonstrated technical competence across the breadth of Caterpillar products and technologies
• Influential ability to positively impact strategy & direction
• Experience of effectively facilitating groups of people
• Demonstrated ability to think strategically

Basic Qualifications

• Bachelor's degree in Engineering, Technical or Business field
• Demonstrated ability to work independently and be self-motivated
• Excellent communication & collaboration skills at all levels of the organization.
• Must have a strong customer focus and ability to work effectively across organizational boundaries.

Additional Details

• Work location: Peoria,IL
• Domestic relocation assistance IS available for this role
• Visa sponsorship is NOT available for this role.
• Travel: Up to 10% domestic and international
• This position requires 5 days per week in the office (M-F)

Summary Pay Range:

Compensation and benefits offered may vary depending on multiple individualized factors, job level, market location, job-related knowledge, skills, individual performance and experience. Please note that salary is only one component of total compensation at Caterpillar. 

Benefits:

Subject to plan eligibility, terms, and guidelines. This is a summary list of benefits.

• Medical, dental, and vision benefits*

• Paid time off plan (Vacation, Holidays, Volunteer, etc.)*

• 401(k) savings plans*

• Health Savings Account (HSA)*

• Flexible Spending Accounts (FSAs)*

• Health Lifestyle Programs*

• Employee Assistance Program*

• Voluntary Benefits and Employee Discounts*

• Career Development*

• Incentive bonus*

• Disability benefits

• Life Insurance

• Parental leave

• Adoption benefits

• Tuition Reimbursement

* These benefits also apply to part-time employees

Posting Dates:

Any offer of employment is conditioned upon the successful completion of a drug screen.

Caterpillar is an Equal Opportunity Employer, Including Veterans and Individuals with Disabilities.  Qualified applicants of any age are encouraged to apply.

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