Senior Director, Portfolio & Program Management

Posted 3 Hours Ago
Be an Early Applicant
Boston, MA, USA
In-Office
242K-363K Annually
Senior level
Biotech • Pharmaceutical
The Role
Lead global portfolio and program management for drug development programs. Provide strategic and operational project leadership, drive cross-functional alignment, manage risks and resources, propose process improvements, mentor managers, and ensure program performance and delivery across research, development, registration, and commercialization.
Summary Generated by Built In

Job Description

General Summary:

The Senior Director, Portfolio & Program Management is a global role within the Program and Portfolio Management (PPM) organization. The incumbent is responsible for championing cross-functional project management excellence to programs across the drug development lifecycle (Research, Pre-clinical and Clinical Development, Registration and Commercialization). The incumbent is expected to lead the application of project management to identify opportunities, shape objectives and drive execution of global strategy for cross-functional drug development teams and portfolio operations initiatives. This role is a key leadership position within PPM, with accountability for the performance and end results of a department/area.

Key Duties and Responsibilities:

  • Provide strategic and operational project leadership to one or more cross-functional teams, directing activities at all stages of the project lifecycle (initiation through closeout)
  • Drive communication cross-functionally and with senior leaders on integrated program planning topics including timelines, status, risks and issues
  • Proactively identify roadblocks and/or constraints impacting strategic imperatives or project execution and lead the team through scenario planning activities
  • Partner with governance forums, senior leaders and/or team lead(s) to align strategy, goals and milestones with corporate objectives
  • Propose innovative approaches, define process improvements and advise leaders on opportunities to optimize project results
  • Determine approach and stakeholders for cross-functional decision-making and issue resolution
  • Oversee completion of project team deliverables and contribute to content development, when appropriate
  • Establish project team operating norms and measure performance
  • Apply subject matter expertise to mentor subordinate managers and high level professionals
  • As a people manager within the organization, may have financial accountabilities and human resource responsibilities for assigned high level professionals and subordinate managers
  • Knowledge and Skills:

  • Broad and comprehensive understanding of project and portfolio management principles, options analysis, strategic planning, business case generation, finance and resource management
  • Leadership experience managing cross-functional teams with an ability to influence teams to prioritize activities and allocate resources to contribute to the development of operational strategy
  • Excellent written and oral communication skills, including well-developed presentation skills
  • Pharmaceutical drug discovery and development expertise across multiple disciplines
  • Organizational skills, an ability to manage multiple priorities
  • Strong collaboration skills to effectively interact with internal or external stakeholders at all levels in the organization
  • Advanced business management knowledge to assess the impact of project decisions on financial and corporate objectives
  • Education and Experience:

  • Typically requires a Bachelor’s degree in Life Sciences or a relevant field
  • Typically requires 12 years of experience and 5 years of management experience, or the equivalent combination of education and experience
  • 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 select
    2.    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 [email protected]

    Skills Required

    • Bachelor's degree in Life Sciences or relevant field
    • Typically requires 12 years of experience
    • Typically requires 5 years of management experience
    • Broad understanding of project and portfolio management principles, strategic planning, finance and resource management
    • Leadership experience managing cross-functional teams and influencing resource allocation
    • Pharmaceutical drug discovery and development expertise across multiple disciplines
    • Excellent written and oral communication and presentation skills
    • Ability to identify roadblocks, lead scenario planning, and resolve cross-functional issues
    • Experience mentoring subordinate managers and senior professionals
    • Advanced business management knowledge to assess financial and corporate impact of project decisions

    Vertex Pharmaceuticals Compensation & Benefits Highlights

    The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Vertex Pharmaceuticals and has not been reviewed or approved by Vertex Pharmaceuticals.

    • Parental & Family Support Policies provide 12 weeks of 100% paid bonding leave for all U.S. parents with additional fully paid time for birth parents. Family-forming supports include adoption and surrogacy assistance, fertility options like IVF and egg cryopreservation, breast‑milk shipping, subsidized childcare, backup care, and a DCFSA match.
    • Leave & Time Off Breadth Time off includes roughly four weeks of vacation, 13 holidays, sick time, and two companywide shutdowns (summer and year‑end). Some roles also include flexible or unlimited time off and paid volunteer time.
    • Retirement Support Programs include a 401(k) plan with employer contributions and an employee stock purchase plan. Filings describe employer contributions occurring in company stock, supporting long‑term ownership.

    Vertex Pharmaceuticals Insights

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    The Company
    HQ: Boston, MA
    5,000 Employees
    Year Founded: 1989

    What We Do

    Vertex is a global biotechnology company that invests in scientific innovation to create transformative medicines for people with serious and life-threatening diseases. We discovered and developed the first medicines to treat the underlying cause of cystic fibrosis (CF), a rare, life-threatening genetic disease. In addition to clinical development programs in CF, Vertex has more than a dozen ongoing research programs focused on the underlying mechanisms of other serious diseases. Founded in 1989 in Cambridge, Massachusetts, our corporate headquarters is now located in Boston’s Innovation District, and our international headquarters is in London, United Kingdom. We currently employ approximately 3,500 people in the United States, Europe, Canada, Australia and Latin America with nearly two-thirds of our staff dedicated to research and development. Vertex is consistently recognized as one of the industry’s top places to work by Science Magazine, The Boston Globe, Boston Business Journal and the San Diego Business Journal. Our research and medicines have also received esteemed recognitions, including the Robert J. Beall Therapeutics Development Award, the French Prix Galien and the British Pharmacological Society awards.

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