Job description
10 major new medicines planned for launch over the
next few years creating new career opportunities for
those who want to make a direct impact on patients at
scale.
The Associate Director, Portfolio Excellence will provide ongoing strategic, operational, and business planning support to the Product Operations & Innovative Medicines US Enterprise Strategy team. This role will be integrating enterprise level insights and analytics across functions, distilling the most important insights and actions that drive impact, supporting end-to-end execution of core Product Organization annual planning processes, and creating or expanding resource allocation methodologies and investment frameworks to aid decision making and drive portfolio efficiencies.
This individual will work with the Director, Portfolio Excellence and Planning to develop and standardize metrics, analyses, reporting, and tools to assess and provide clear visibility to the overall health and performance of the US Pharmaceutical portfolio, conduct ongoing monitoring of key trends impacting the portfolio and disseminate insights to management, and build cross-functional impact metrics pro-grams to track performance of variables most important to portfolio success.
This individual will support the end-to-end management and integration of key annual planning processes and deliverables to ensure the Product Organization is linking strategic objectives with resource allocations, including the development of supportive tools and infrastructure. This individual will help manage the annual Integrated Product Strategy (IPS) process across the Product Organization, advancing program structure and guidance and ensuring standardization and execution of IPS best practices across the portfolio.
Additionally, this individual will support the expansion and execution of resource allocation methodologies by creating new portfolio and product-specific analyses, measuring the performance of existing initiatives, integrating relevant datasets into core business processes, and sharing best practices across the portfolio when applicable.
This individual's contribution to advancing strategic initiatives across the enterprise will have long-lasting impact for patients in need of, or treated with, our products. The ideal candidate is passionate about strategy, insights and analytics and the operational specificity required to translate strategy into impact. This individual will play an integral role in driving excellence in execution across the business.
Your responsibilities will include, but are not limited to:
The ideal location for this role is East Hanover, NJ but remote work may be possible (there may be some restrictions based on legal entity). Please note that this role would not provide relocation as a result. If associate is remote, all home office expenses and any travel/lodging to East Hanover, NJ for periodic live meetings will be at the employee’s expense. The expectation of working hours and travel (domestic and/or international) will be defined by the hiring manager. This position will require 20% travel.
The pay range for this position at commencement of employment is expected to be between $144,000 and $216,000 per year; however, while salary ranges are effective from 1/1/23 through 12/31/23, fluctuations in the job market may necessitate adjustments to pay ranges during this period. Further, final pay determinations will depend on various factors, including, but not limited to geographical location, experience level, knowledge, skills and abilities. The total compensation package for this position may also include other elements, including a sign-on bonus, restricted stock units, and discretionary awards in addition to a full range of medical, financial, and/or other benefits (including 401(k) eligibility and various paid time off benefits, such as vacation, sick time, and parental leave), dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment. If hired, employee will be in an “at-will position” and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors.
next few years creating new career opportunities for
those who want to make a direct impact on patients at
scale.
The Associate Director, Portfolio Excellence will provide ongoing strategic, operational, and business planning support to the Product Operations & Innovative Medicines US Enterprise Strategy team. This role will be integrating enterprise level insights and analytics across functions, distilling the most important insights and actions that drive impact, supporting end-to-end execution of core Product Organization annual planning processes, and creating or expanding resource allocation methodologies and investment frameworks to aid decision making and drive portfolio efficiencies.
This individual will work with the Director, Portfolio Excellence and Planning to develop and standardize metrics, analyses, reporting, and tools to assess and provide clear visibility to the overall health and performance of the US Pharmaceutical portfolio, conduct ongoing monitoring of key trends impacting the portfolio and disseminate insights to management, and build cross-functional impact metrics pro-grams to track performance of variables most important to portfolio success.
This individual will support the end-to-end management and integration of key annual planning processes and deliverables to ensure the Product Organization is linking strategic objectives with resource allocations, including the development of supportive tools and infrastructure. This individual will help manage the annual Integrated Product Strategy (IPS) process across the Product Organization, advancing program structure and guidance and ensuring standardization and execution of IPS best practices across the portfolio.
Additionally, this individual will support the expansion and execution of resource allocation methodologies by creating new portfolio and product-specific analyses, measuring the performance of existing initiatives, integrating relevant datasets into core business processes, and sharing best practices across the portfolio when applicable.
This individual's contribution to advancing strategic initiatives across the enterprise will have long-lasting impact for patients in need of, or treated with, our products. The ideal candidate is passionate about strategy, insights and analytics and the operational specificity required to translate strategy into impact. This individual will play an integral role in driving excellence in execution across the business.
Your responsibilities will include, but are not limited to:
- Devise strategic, operational, and business planning recommendations for the Product Organization
- Lead integration of product insights from multiple functions to prioritize the most impactful actions
- Support end-to-end execution of core Product Organization annual planning processes, including the IPS, annual budgeting, and key capability development and process integration.
- Support Director, Portfolio Excellence & Planning on execution of group programs and deliverables, including analysis and reporting, KPI report development, external benchmarking and management reporting support.
- Create or expand resource allocation methodologies and investment frameworks (inputs, cri-teria, prioritization)
- Support large cross-functional strategic projects that aim to improve operational efficiency and/or result in significant customer impact
- Ensure alignment to, compliance with, and ownership of all NPC policies, including the Code of Conduct and all applicable laws and regulations.
The ideal location for this role is East Hanover, NJ but remote work may be possible (there may be some restrictions based on legal entity). Please note that this role would not provide relocation as a result. If associate is remote, all home office expenses and any travel/lodging to East Hanover, NJ for periodic live meetings will be at the employee’s expense. The expectation of working hours and travel (domestic and/or international) will be defined by the hiring manager. This position will require 20% travel.
The pay range for this position at commencement of employment is expected to be between $144,000 and $216,000 per year; however, while salary ranges are effective from 1/1/23 through 12/31/23, fluctuations in the job market may necessitate adjustments to pay ranges during this period. Further, final pay determinations will depend on various factors, including, but not limited to geographical location, experience level, knowledge, skills and abilities. The total compensation package for this position may also include other elements, including a sign-on bonus, restricted stock units, and discretionary awards in addition to a full range of medical, financial, and/or other benefits (including 401(k) eligibility and various paid time off benefits, such as vacation, sick time, and parental leave), dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment. If hired, employee will be in an “at-will position” and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors.
EEO Statement
The Novartis Group of Companies are Equal Opportunity Employers and take pride in maintaining a diverse environment. We do not discriminate in recruitment, hiring, training, promotion or other employment practices for reasons of race, color, religion, gender, national origin, age, sexual orientation, gender identity or expression, marital or veteran status, disability, or any other legally protected status. We are committed to building diverse teams, representative of the patients and communities we serve, and we strive to create an inclusive workplace that cultivates bold innovation through collaboration and empowers our people to unleash their full potential.
Minimum requirements
What you'll bring to the role:
Education: Bachelor's Degree is required in relevant area, MBA preferred
Required:
Preferred:
Why Novartis?
766 million lives were touched by Novartis medicines in 2021, and while we’re proud of this, we know there is so much more we could do to help improve and extend people’s lives.
We believe new insights, perspectives and ground-breaking solutions can be found at the intersection of medical science and digital innovation. That a diverse, equitable and inclusive environment inspires new ways of working.
We believe our potential can thrive and grow in an unbossed culture underpinned by integrity, curiosity and flexibility. And we can reinvent what's possible, when we collaborate with courage to aggressively and ambitiously tackle the world’s toughest medical challenges. Because the greatest risk in life, is the risk of never trying!
Imagine what you could do here at Novartis!
Commitment to Diversity & Inclusion: Novartis is committed to building an outstanding, inclusive work environment and diverse teams representative of the patients and communities we serve.
Accessibility and Reasonable Accommodations: Individuals in need of a reasonable accommodation due to a medical condition or disability for any part of the application process, or to perform the essential functions of a position, please send an e-mail to tas.nacomms@novartis.com or call +1 (877)395-2339 and let us know the nature of your request and your contact information. Please include the job requisition number in your message.
Join our Novartis Network: If this role is not suitable to your experience or career goals but you wish to stay connected to hear more about Novartis and our career opportunities, join the Novartis Network here: https://talentnetwork.novartis.com/network
Education: Bachelor's Degree is required in relevant area, MBA preferred
Required:
- 5+ years in pharmaceutical, biotech, healthcare, or healthcare consulting industry inclusive of at least 2 different types of cross-functional roles / experience
- 2+ years in project management and translation of strategy into execution
- 2+ years leading complex projects requiring global and local alignment
Preferred:
- 2+ years within a significant consultancy group
- 2+ years in analytics or insights role
- MBA or Health Policy Degree
- Global or Regional experience (projects or full-time roles or temporary roles for 6 months or more)
- Experience working collaboratively across matrixed organizations
Why Novartis?
766 million lives were touched by Novartis medicines in 2021, and while we’re proud of this, we know there is so much more we could do to help improve and extend people’s lives.
We believe new insights, perspectives and ground-breaking solutions can be found at the intersection of medical science and digital innovation. That a diverse, equitable and inclusive environment inspires new ways of working.
We believe our potential can thrive and grow in an unbossed culture underpinned by integrity, curiosity and flexibility. And we can reinvent what's possible, when we collaborate with courage to aggressively and ambitiously tackle the world’s toughest medical challenges. Because the greatest risk in life, is the risk of never trying!
Imagine what you could do here at Novartis!
Commitment to Diversity & Inclusion: Novartis is committed to building an outstanding, inclusive work environment and diverse teams representative of the patients and communities we serve.
Accessibility and Reasonable Accommodations: Individuals in need of a reasonable accommodation due to a medical condition or disability for any part of the application process, or to perform the essential functions of a position, please send an e-mail to tas.nacomms@novartis.com or call +1 (877)395-2339 and let us know the nature of your request and your contact information. Please include the job requisition number in your message.
Join our Novartis Network: If this role is not suitable to your experience or career goals but you wish to stay connected to hear more about Novartis and our career opportunities, join the Novartis Network here: https://talentnetwork.novartis.com/network
Division
Innovative Medicine US
Business Unit
Product Strategy
Country
USA
Work Location
East Hanover, NJ
Company/Legal Entity
Novartis Pharmaceuticals
Functional Area
Marketing
Job Type
Full Time
Employment Type
Regular
Shift Work
No
Early Talent
No
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