Executive Director Portfolio & Resource Management

Regeneron PharmaceuticalsTarrytown, GA
1dOnsite

About The Position

The Executive Director, Portfolio Management is a key member of the Program and Portfolio Management (PPM) Leadership Team. This function plays an important role in optimizing the portfolio of programs in Regeneron’s product pipeline. The Executive Director will lead a group that integrates the entire development portfolio makeup and cross functional resourcing of post-research assets through lifecycle management to enable efficient portfolio decision making by executive leadership. The role will interface with senior management across Research, Development, Manufacturing and Commercial to ensure Portfolio Management excellence to drive pipeline delivery & portfolio value. This role will partner with Clinical Development Unit Heads, Functional Leaders, Global Program Heads and Program Management to deliver portfolio level information and analysis across the integrated development plans for all assets in development. The candidate will also be responsible for influencing asset and portfolio level decisions through identification of interdependencies and downstream implications of drug development decisions.

Requirements

  • 17+ years of pharmaceutical/biotech industry experience and a minimum of six years in program, portfolio and/or alliance management.
  • BA/BS in business, finance, science/technology, or related field required, advanced degree strongly preferred but not required.
  • MS/PhD or MBA with experience working within a science-based life sciences organization.
  • Extensive knowledge of research and development and thorough understanding of the tasks required in all stages of drug development.
  • A strong understanding of the people, processes and infrastructure involved in managing across the drug development lifecycle.
  • Comprehensive knowledge of Program, Portfolio and Resource Management methodologies and techniques.
  • Ability to prioritize multiple tasks and options with a strong attention to detail.
  • Excellent written and verbal communication skills; strong communicator and influencer within all levels of the organization, including executive leadership.
  • Knows what information and discussions are needed to help drive decisions and solve issues.
  • Strong analytical capabilities, including quantitative and qualitative assessment skills and demonstrated critical thinking skills.
  • Ability to distill complex issues and ideas down to simple comprehensible terms and issue resolution.
  • Exceptional ability to lead people and multidisciplinary functional groups, identify and develop talent, and delegate effectively.
  • Strong conflict resolution and problem-solving skills.
  • Strong leadership and team building skills.
  • Demonstrated capability to drive transformational change at the divisional and Enterprise scale.
  • Ability to work effectively in a fast-paced, rapidly changing and expanding environment and to juggle multiple large-scale projects, programs and enterprise- wide initiatives in a global organization.
  • Outstanding work ethic and integrity, including high ethical and quality standards.
  • Strong interpersonal skills particularly motivational, negotiation, listening, judgment, analytic, and conflict management skills, demonstrated by ability to lead teams.
  • Ability to engage in collaborative decision making, complete tasks in a timely fashion, and function in a rapid-paced environment.
  • Must be a practical thinker, able to identify simple, realizable solutions.
  • Makes the best decision possible based on a mixture of data analysis, wisdom, experience, and judgement.
  • Creates a climate in which people want to do their best and can motivate many kinds of direct reports and team or Program members.
  • Can deal comfortably with executive leadership.
  • Knows how to get things done both through formal channels and the informal network and can inspire and motivate teams across the organization.
  • Possesses the courage to say what needs to be said and the interpersonal savvy to maintain credibility and relationships after saying it.
  • Comfortable with various personal styles; able to elicit contributions from introverts and to participate in passionate debates without taking the arguments personally or personalizing the arguments.
  • Works to reduce bureaucracy, able to distinguish necessary process from excessive complexity.
  • Impact-driven, not status or role-driven.
  • Proven ability to develop and lead a successful business plan, along with the flexibility and humility to “roll up your sleeves” to execute with excellence.
  • Comfortable with ambiguity and occasional chaos; cool under fire.
  • For best fit, the candidate must have the ability and strong desire to “make things happen”; and must have a results-oriented work ethic, a positive can-do attitude and be a bold, critical, and collaborative thinker.
  • Advanced knowledge of MS Project, Planisware, Planview and/or other project and portfolio planning and tracking software programs is required.

Responsibilities

  • Provide leadership and strategic vision for the Portfolio Management group, supporting Clinical Development Units, cross-functional Strategic Program Teams (SPT’s) for all clinical assets.
  • Partners with Global Program Heads (GPH’s) and key functional leaders to ensure data enabled, timely portfolio and asset level decision making with key inputs from Research, Development, Manufacturing and Commercial.
  • Identify and champion Portfolio and Asset Development best practices, including the use of dashboards, templates, tools, systems and processes to drive efficiency, alignment, decision making, and communication - all leading to effective product planning and delivery.
  • Leverage Program and organizational knowledge, leadership, and facilitation skills to enable Program and Portfolio Management Teams to drive alignment, collaboration, and accountability within the SPTs and across corporate functions resulting in achievement of company and program goals.
  • Drive portfolio level program planning, including cross-functional resource planning, financial, and capacity assessments; contribute to long-range and budgetary planning.
  • Ensure effective communication of Program and Portfolio Management information to the broader organization.
  • Lead program and portfolio communication and reporting in partnership with executives and functional leaders, including developing and delivering monthly dashboards and program and portfolio reviews to the Executive Team, key business partners, and the Board of Directors. This covers pipeline content, portfolio metrics, development and portfolio reporting across all Therapeutic Areas (TA’s).
  • Develop strong working relationships with key stakeholders within and outside of Regeneron (functional leaders, peers, vendors, pharma industry community, and external opinion leaders).
  • Provide information to support portfolio decision making aligned with decisions on progression of individual assets.

Benefits

  • comprehensive benefits, which vary by location. In the U.S., benefits may include health and wellness programs (including medical, dental, vision, life, and disability insurance), fitness centers, 401(k) company match, family support benefits, equity awards, annual bonuses, paid time off, and paid leaves (e.g., military and parental leave) for eligible employees at all levels!
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