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Senior Director, Portfolio & Program Management

Vertex PharmaceuticalsBoston, Massachusetts

$242,200 - $363,200 / year

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Overview

Schedule
Full-time
Career level
Executive
Remote
Hybrid remote
Compensation
$242,200-$363,200/year
Benefits
Health Insurance
Dental Insurance
Vision Insurance

Job Description

Job Description

Job Description Summary

The Sr Director, Program and Portfolio Management functions as a leader in the Program and Portfolio Management department and across Vertex R&D. This role has oversight and supervisory responsibility for the global research program management team supporting our portfolio of research programs at all sites (San Diego, Seattle, Oxford and Boston (Fan Pier and LC1)). The role includes ownership of research annual planning, pre clinical research stage gates processes, reporting of progress on portfolio goals and resourcing, informing and implementing new research initiatives and ensuring integration with our cross functional partners through to the clinic.  This role also oversees the PMs supporting our early stage Disease Strategy Teams (Pre-VXc).  The successful candidate will also work closely alongside the clinical stage Disease Strategy PM’s to ensure strategic alignment across programs to deliver on critical research pipeline goals. Additionally, this role with interface with research site leadership and contribute to developing research and PPM department initiatives. The position will report to the VP, Program and Portfolio Management and be a standing member of the PPM Leadership Team.

Job Description

  • Provide strategic and operational leadership to multiple cross-functional teams to progress the portfolio, including portfolio prioritization and cross-functional impacts as projects move from bench to clinic
  • Drive development & monitor progress of research strategy, goals, & metrics ensuring integration of research with DST strategy
  • Proactive, effective, and timely communication to ensure delivery of cross-site research goals and initiatives in partnership with site leadership and functional leadership
  • Define critical path & at-risk activities and interdependencies, anticipate bottlenecks, clear barriers to progress. Lead portfolio/program level scenario planning & risk management
  • Ensuring high performing project teams by monitoring and assessing team effectiveness at both team and individual levels
  • Drive synergies and scalability across disease areas, optimizing resource allocation to deliver on Vertex portfolio priorities
  • In partnership with Alliance Management Team - provide leadership and oversight to program interactions with external business partners and alliances
  • Recruit, manage, motivate, and mentor staff members; Identify training needs and monitor staff goals & development plans
  • Effective stakeholder management and change management for buy-in and integration of processes, deliverables, technologies and roles/responsibilities into existing teams and infrastructure
  • Lead and mentor research PPM staff across disease areas
  • Represent PPM on governance forums and with senior leaders, influencing strategic direction and portfolio growth
  • Propose and implement innovative approaches and process improvements to maximize operational excellence

Education and Experience:

  • Requires an advanced degree in Life Sciences or a relevant field, (PhD degree preferred)
  • Typically requires 12-15 years of experience, including 5+ years of management experience or the equivalent combination of education and experience
  • Demonstrated experience leading large, complex teams and programs at a global level.

Knowledge and Skills:

  • Deep expertise in portfolio and program management, strategic planning, risk management and resource management across multiple disease areas
  • Proven ability to lead and mentor senior program managers and high-level professionals
  • Experience in business management and financial acumen to drive value creation
  • Exceptional communication and collaboration skills with internal and external stakeholders
  • Strong organizational skills and ability to manage multiple priorities in a dynamic environment
  • Pharmaceutical drug discovery and development expertise across disciplines

#LI-HYBRID

Pay Range:

$242,200 - $363,200

Disclosure Statement:

The range provided is based on what we believe is a reasonable estimate for the base salary pay range for this job at the time of posting. This role is eligible for an annual bonus and annual equity awards. Some roles may also be eligible for overtime pay, in accordance with federal and state requirements. Actual base salary pay will be based on a number of factors, including skills, competencies, experience, and other job-related factors permitted by law.

At Vertex, our Total Rewards offerings also include inclusive market-leading benefits to meet our employees wherever they are in their career, financial, family and wellbeing journey while providing flexibility and resources to support their growth and aspirations.  From medical, dental and vision benefits to generous paid time off (including a week-long company shutdown in the Summer and the Winter), educational assistance programs including student loan repayment, a generous commuting subsidy, matching charitable donations, 401(k) and so much more.

Flex Designation:

Hybrid-Eligible Or On-Site Eligible

Flex Eligibility Status:

In this Hybrid-Eligible role, you can choose to be designated as: 1.    Hybrid: work remotely up to two days per week; or select2.    On-Site: work five days per week on-site with ad hoc flexibility.

Note: The Flex status for this position is subject to Vertex’s Policy on Flex @ Vertex Program and may be changed at any time. 

#LI-Hybrid

Company Information

Vertex is a global biotechnology company that invests in scientific innovation.

Vertex is committed to equal employment opportunity and non-discrimination for all employees and qualified applicants without regard to a person's race, color, sex, gender identity or expression, age, religion, national origin, ancestry, ethnicity, disability, veteran status, genetic information, sexual orientation, marital status, or any characteristic protected under applicable law. Vertex is an E-Verify Employer in the United States. Vertex will make reasonable accommodations for qualified individuals with known disabilities, in accordance with applicable law.

Any applicant requiring an accommodation in connection with the hiring process and/or to perform the essential functions of the position for which the applicant has applied should make a request to the recruiter or hiring manager, or contact Talent Acquisition at ApplicationAssistance@vrtx.com

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FAQs About Senior Director, Portfolio & Program Management Jobs at Vertex Pharmaceuticals

What is the work location for this position at Vertex Pharmaceuticals?
This job at Vertex Pharmaceuticals is located in Boston, Massachusetts, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.
What pay range can candidates expect for this role at Vertex Pharmaceuticals?
Candidates can expect a pay range of $242,200 and $363,200 per year.
What employment applies to this position at Vertex Pharmaceuticals?
Vertex Pharmaceuticals lists this role as a Full-time position.
What experience level is required for this role at Vertex Pharmaceuticals?
Vertex Pharmaceuticals is looking for a candidate with "Executive" experience level.
What benefits are offered by Vertex Pharmaceuticals for this role?
Vertex Pharmaceuticals offers following benefits: Health Insurance, Dental Insurance, Vision Insurance, Paid Holidays, Paid Vacation, 401k Matching/Retirement Savings, and Tuition/Education Assistance for this position. Actual benefits may vary depending on the employer's policies and employment terms.
What is the process to apply for this position at Vertex Pharmaceuticals?
You can apply for this role at Vertex Pharmaceuticals either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.