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Executive Director Portfolio & Resource Management

Regeneron
2023 years ago
On-site
Tarrytown, NY
Operations

Role Summary

The Executive Director, Portfolio Management is a senior leader within Regeneron's Program and Portfolio Management (PPM) group, responsible for optimizing the development portfolio and enabling executive-level decision making. The role leads a cross-functional team that integrates portfolio makeup and cross-functional resourcing of post-research assets through lifecycle management. It interfaces with senior management across Research, Development, Manufacturing and Commercial to drive Portfolio Management excellence and pipeline value. The position partners with Clinical Development Unit Heads, Functional Leaders, Global Program Heads and Program Management to deliver portfolio-level information and analysis across integrated development plans, and influences asset and portfolio decisions by identifying interdependencies and downstream implications of drug development decisions.

Responsibilities

  • Provide leadership and strategic vision for the Portfolio Management group, supporting Clinical Development Units, cross-functional Strategic Program Teams (SPTs) for all clinical assets.
  • Partner with Global Program Heads and key functional leaders to ensure data-enabled, timely portfolio and asset-level decision making with inputs from Research, Development, Manufacturing and Commercial.
  • Identify and champion Portfolio and Asset Development best practices, including dashboards, templates, tools, systems and processes to drive efficiency, alignment, decision making, and communication—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.
  • 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.

Qualifications

  • Required: 17+ years of pharmaceutical/biotech industry experience, including a minimum of six years in program, portfolio and/or alliance management.
  • Required: BA/BS in business, finance, science/technology, or related field.
  • Preferred: MS/PhD or MBA with experience working within a science-based life sciences organization.
  • Required: Extensive knowledge of research and development and a thorough understanding of the tasks required in all stages of drug development.
  • Required: Strong understanding of the people, processes and infrastructure involved in managing across the drug development lifecycle.
  • Required: Comprehensive knowledge of Program, Portfolio and Resource Management methodologies and techniques.
  • Required: Ability to prioritize multiple tasks and options with a strong attention to detail.
  • Required: Excellent written and verbal communication skills; strong communicator and influencer within all levels of the organization, including executive leadership, with the ability to drive decisions and solve issues.
  • Required: Strong analytical capabilities, including quantitative and qualitative assessment skills and demonstrated critical thinking skills.
  • Required: Ability to distill complex issues and ideas into simple, comprehensible terms and drive issue resolution.
  • Required: Exceptional ability to lead people and multidisciplinary functional groups, identify and develop talent, and delegate effectively.
  • Required: Strong conflict resolution and problem-solving skills.
  • Required: Strong leadership and team-building skills.
  • Required: Demonstrated capability to drive transformational change at the divisional and enterprise scale.
  • Required: Advanced knowledge of MS Project, Planisware, Planview and/or other project and portfolio planning and tracking software programs.

Skills

  • 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, including motivational, negotiation, listening, judgment, analytic, and conflict management abilities, demonstrated by the ability to lead teams.
  • Ability to engage in collaborative decision making, complete tasks in a timely fashion, and function in a rapid-paced environment. Practical thinker who identifies simple, realizable solutions.
  • Decision-making grounded in data, experience, and sound judgment.
  • Ability to create a climate in which people want to do their best and can motivate various direct reports and team members.
  • Comfortable engaging with executive leadership.
  • Proven ability to influence through both formal channels and informal networks, inspiring and motivating teams across the organization.
  • Courage to speak candidly while maintaining credibility and relationships.
  • Ability to work with diverse personal styles; to elicit contributions from introverts and participate in debates without taking arguments personally.
  • Focus on reducing bureaucracy and distinguishing necessary processes from excessive complexity.
  • Impact-driven, not status- or role-driven.
  • Proven ability to develop and lead a successful business plan, with a willingness to roll up your sleeves to execute with excellence.
  • Comfortable with ambiguity and occasional chaos; remains composed under pressure.
  • Desire and ability to “make things happen”; results-oriented with a positive, collaborative mindset.
  • Advanced knowledge of MS Project, Planisware, Planview and/or other project planning tools is required.

Education

  • Required: BA/BS in business, finance, science/technology, or related field.
  • Preferred: MS/PhD or MBA with experience in a science-based life sciences organization.