Senior Director of Program and Portfolio Management (PPM)

Role Summary

Senior Director of Program and Portfolio Management (PPM) to shape and implement PPM strategies for a complex portfolio of drug development programs and guide decision-making. Responsible for implementing portfolio management best practices, drafting strategic and operational plans, mentoring project managers and operational staff, and supporting effective communications across multiple departments. Will also build out the team of project managers reporting into this role. The position reports to the Chief Operating Officer and is ideally based at the Tonix Chatham, NJ office.

Responsibilities

• Lead and manage cross-functional teams interacting with clinical, nonclinical, regulatory, CMC, discovery, and others to set priorities, work toward goals and monitor progress of programs
• Develop portfolio tools and materials to support portfolio decision-making
• Create, implement, and refine PPM practices to support leadership, PPM staff, and delivery of program goals
• Lead regular portfolio operations committee meetings and portfolio strategy sessions
• Coordinate and manage due diligence teams and decision making on in licensing activities for the portfolio
• Help to buildout and lead PMs responsible for developing cross-functional program plans, timelines, and budgets in collaboration with functional area leads
• Facilitate effective, science-based business decisions including development of scenarios and strategic impact of decisions
• Ensure all decisions are assessed as to their risks and impacts as well as accountable for communication to team and stakeholders in a transparent and timely manner
• Function as an integrator within the project team and across the Company to ensure alignment
• Develop and coordinate resource and budget planning activities across functions to ensure adequate resources are applied to the programs and decisions are assessed for portfolio impact
• Provide leadership to teams and functional areas to proactively anticipate and identify project issues which pose a challenge to achieving strategic goals; propose and implement plans to resolve such issues, and execute corrective actions
• Effectively execute change management to implement strategies for effecting, controlling, and helping teams adapt to change
• Provide updated project information for the Board as well as for regular budget and portfolio reviews
• Enable high-performing teams by ensuring good team dynamics within the project team
• Follow all established occupational health and safety procedures, GMP's and SOP's
• Uphold company mission and values through accountability, innovation, integrity, quality, and teamwork
• Perform ad-hoc work/special projects as necessary to support Tonix on various business initiatives

Supervisory Responsibilities

• Recruits, interviews, hires, and trains new team members
• Oversees the daily workflow of the department
• Provides constructive and timely performance evaluations
• If necessary, handles discipline and termination of employees in accordance with company policy
• Contributes to performance and compensation decisions such as: merit raises, bonuses, and promotions

Minimum Qualifications

• Bachelor's degree and fifteen (15) years of relevant project / program / portfolio management experience within the pharmaceutical / biotechnology industry; or a PhD in a scientific field or a PharmD, DVM or MD degree with ten (10) years of relevant experience preferred
• Scientific background and/or MBA preferred
• Ten (10) years of leading cross-functional program or portfolio management activities within the pharmaceutical industry with a deep understanding of practices and standards of pharmaceutical program and portfolio management preferred
• Experience managing PM professionals in the drug development industry
• Strong leadership presence with the ability to translate strategy into action
• Excellent analytical skills with an ability to summarize and present complex information in a clear and concise manner to support decision-making
• Ability to create an inclusive environment and lead empowered teams who operate with high standards of alignment, trust, accountability, expertise, transparency, and collaboration
• Outstanding verbal and written communications skills with the ability to effectively interact with and influence all levels within the company
• Ability for minimal travel
• Dedicated team player who is able to withstand the high demands of a fast-paced environment
• Demonstrated ability to perform the essential duties of the position with or without accommodation