391413BR
Feb 02, 2024
USA
About the Role
236 million. The number of lives that were touched by Novartis medicines in 2022!
Job Purpose
The Director of Portfolio Analytics will provide real-time portfolio insights and analysis to senior leadership, key stakeholders, and cross-divisional counterparts. This will support strategic decision-making, portfolio prioritization, and generate a common understanding of pipeline status. The Director will also drive the characterization of the portfolio's current state, performance against metrics, and future evolution for internal and external purposes
Major Accountabilities
• Leads portfolio assessment and regular, high quality pipeline insights to provide a real-time holistic picture of the Novartis pipeline including impact of recent internal and external events and decisions on short, mid- and long-term growth to key stakeholders
• Provides analyses and insights in close collaboration with Divisional counterparts, Corporate & TA Strategy, and Portfolio Strategy & Analytics colleagues and other key stakeholders to drive real-time portfolio review and prioritization deep dives for portfolio governance and inform the ECN (C-Suite) Strategy Meeting as a part of the annual strategic planning cycle, driving the sustainable delivery of transformative medicines in the short-, mid- and long-term
• Creates and maintains regular reporting on the pipeline in dimensions of value, strategic fit and execution to internal and external stakeholders
• Evaluates and reports on key changes in sales forecasts and/or value for in-line brands and pipeline portfolio to Governance and other senior stakeholders, and establishes a standard approach for regular reporting of catalyst/challenge events and their impact on forecasts/value
• Drives insights to inform Governance decision-making on portfolio trade-offs involving internal and external (BD&L) projects to achieve growth goals subject to investment constraints by preparing an independent individual project assessment and position within the portfolio in collaboration with Strategy & Growth colleagues and other key stakeholders
• Develops and delivers in-depth analyses and strategic insights into the drug pipeline/portfolio addressing senior management questions (including ECN and Board of Directors)
• Provides pipeline information including changes for external reporting (e.g., 20F, Annual Report, and other IR-related events) by establishing and maintaining systems and processes in liaison with key stakeholders across the organization. Establishes and drives innovative portfolio tools to capture standardized inputs for reporting and project/portfolio assessments, including financial valuations, scenario planning and pipeline modelling
• Contributes towards the continued build out of the newly integrated Portfolio Strategy & Analytics function and acts as an influential ambassador and portfolio expert to the rest of Novartis
This is a site based role in Cambridge, MA.
The pay range for this position at commencement of employment is expected to be between $192,000 and $288,000 per year; however, while salary ranges are effective from 1/1/24 through 12/31/24, 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
Job Purpose
The Director of Portfolio Analytics will provide real-time portfolio insights and analysis to senior leadership, key stakeholders, and cross-divisional counterparts. This will support strategic decision-making, portfolio prioritization, and generate a common understanding of pipeline status. The Director will also drive the characterization of the portfolio's current state, performance against metrics, and future evolution for internal and external purposes
Major Accountabilities
• Leads portfolio assessment and regular, high quality pipeline insights to provide a real-time holistic picture of the Novartis pipeline including impact of recent internal and external events and decisions on short, mid- and long-term growth to key stakeholders
• Provides analyses and insights in close collaboration with Divisional counterparts, Corporate & TA Strategy, and Portfolio Strategy & Analytics colleagues and other key stakeholders to drive real-time portfolio review and prioritization deep dives for portfolio governance and inform the ECN (C-Suite) Strategy Meeting as a part of the annual strategic planning cycle, driving the sustainable delivery of transformative medicines in the short-, mid- and long-term
• Creates and maintains regular reporting on the pipeline in dimensions of value, strategic fit and execution to internal and external stakeholders
• Evaluates and reports on key changes in sales forecasts and/or value for in-line brands and pipeline portfolio to Governance and other senior stakeholders, and establishes a standard approach for regular reporting of catalyst/challenge events and their impact on forecasts/value
• Drives insights to inform Governance decision-making on portfolio trade-offs involving internal and external (BD&L) projects to achieve growth goals subject to investment constraints by preparing an independent individual project assessment and position within the portfolio in collaboration with Strategy & Growth colleagues and other key stakeholders
• Develops and delivers in-depth analyses and strategic insights into the drug pipeline/portfolio addressing senior management questions (including ECN and Board of Directors)
• Provides pipeline information including changes for external reporting (e.g., 20F, Annual Report, and other IR-related events) by establishing and maintaining systems and processes in liaison with key stakeholders across the organization. Establishes and drives innovative portfolio tools to capture standardized inputs for reporting and project/portfolio assessments, including financial valuations, scenario planning and pipeline modelling
• Contributes towards the continued build out of the newly integrated Portfolio Strategy & Analytics function and acts as an influential ambassador and portfolio expert to the rest of Novartis
This is a site based role in Cambridge, MA.
The pay range for this position at commencement of employment is expected to be between $192,000 and $288,000 per year; however, while salary ranges are effective from 1/1/24 through 12/31/24, 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
Diversity & Inclusion / EEO
We 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.
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 let us know the nature of your request, your contact information and the job requisition number in your message:
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 let us know the nature of your request, your contact information and the job requisition number in your message:
- Novartis: e-mail [email protected] or call +1 (877)395-2339
- Sandoz: e-mail [email protected] or call: +1-609-422-4098
Role Requirements
Education
• Either a Graduate Degree in business (MBA) or advanced scientific degree (master’s or equivalent) is required; degrees in both fields desirable
Work Experience
• At minimum 7+ years industry experience, steeped in research, development and/or commercialization areas. In-depth multi-/cross-functional team experience, e.g. in project management. Previous work in consultancy, preferably in one of the major consultancy firms. Several years of work experience in international and multidisciplinary drug development teams in a leading position might be considered equivalent
• Experience in handling and modeling complex financial and commercial figures with in-depth knowledge of forecasting and valuation methodologies
• Familiarity with or direct experience in applied decision analysis, simulation, and/or data science is a plus
• Excellent understanding of the biopharmaceutical R&D business. Demonstrated in depth insights of the global competitive business environment
• Strong cross-functional matrix leadership experience and ability to establish strong partnerships without formal authority; Ability to work in a high matrix organization; strong, collaborative team player
Languages
• Fluent oral and written English, other language(s) are an additional asset with track record of developing senior management-ready presentations; along with strong planning and organization skills
-----------------------------------------------------
Why Novartis?
236 million lives were touched by Novartis medicines in 2022, 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 achieve here at Novartis!
-----------------------------------------------------
Commitment to Diversity & Inclusion:
Novartis embraces diversity, equal opportunity, and inclusion. We are committed to building diverse teams, representative of the patients and communities we serve, and we strive to create an inclusion workplace that cultivates bold innovation through collaboration and empowers our people to unleash their full potential.
Novartis is an equal opportunities employer and welcomes applications from all suitably qualified persons
-----------------------------------------------------
Join our Novartis Network:
If this role is not suitable to your experience or career goals but you wish to stay connected to learn more about Novartis and our career opportunities, join the Novartis Network here: https://talentnetwork.novartis.com/network
• Either a Graduate Degree in business (MBA) or advanced scientific degree (master’s or equivalent) is required; degrees in both fields desirable
Work Experience
• At minimum 7+ years industry experience, steeped in research, development and/or commercialization areas. In-depth multi-/cross-functional team experience, e.g. in project management. Previous work in consultancy, preferably in one of the major consultancy firms. Several years of work experience in international and multidisciplinary drug development teams in a leading position might be considered equivalent
• Experience in handling and modeling complex financial and commercial figures with in-depth knowledge of forecasting and valuation methodologies
• Familiarity with or direct experience in applied decision analysis, simulation, and/or data science is a plus
• Excellent understanding of the biopharmaceutical R&D business. Demonstrated in depth insights of the global competitive business environment
• Strong cross-functional matrix leadership experience and ability to establish strong partnerships without formal authority; Ability to work in a high matrix organization; strong, collaborative team player
Languages
• Fluent oral and written English, other language(s) are an additional asset with track record of developing senior management-ready presentations; along with strong planning and organization skills
-----------------------------------------------------
Why Novartis?
236 million lives were touched by Novartis medicines in 2022, 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 achieve here at Novartis!
-----------------------------------------------------
Commitment to Diversity & Inclusion:
Novartis embraces diversity, equal opportunity, and inclusion. We are committed to building diverse teams, representative of the patients and communities we serve, and we strive to create an inclusion workplace that cultivates bold innovation through collaboration and empowers our people to unleash their full potential.
Novartis is an equal opportunities employer and welcomes applications from all suitably qualified persons
-----------------------------------------------------
Join our Novartis Network:
If this role is not suitable to your experience or career goals but you wish to stay connected to learn more about Novartis and our career opportunities, join the Novartis Network here: https://talentnetwork.novartis.com/network
Why Novartis: Helping people with disease and their families takes more than innovative science. It takes a community of smart, passionate people like you. Collaborating, supporting and inspiring each other. Combining to achieve breakthroughs that change patients’ lives. Ready to create a brighter future together? https://www.novartis.com/about/strategy/people-and-culture
Join our Novartis Network: Not the right Novartis role for you? Sign up to our talent community to stay connected and learn about suitable career opportunities as soon as they come up: https://talentnetwork.novartis.com/network
Strategy & Growth
Strategy & Growth
USA
Cambridge, MA
Novartis Corporation
Research & Development
Full Time
Regular
No
