Executive Director, Portfolio Management

6 days ago

Princeton, New Jersey, United States ACADIA Pharmaceuticals Full time
About the Role

We are seeking an experienced Executive Director to lead our Portfolio Management team in Neuropsychiatry. As a key member of our leadership team, you will be responsible for developing and executing strategic plans to drive business growth and success.

Key Responsibilities
  • Lead Asset Strategy Teams (ASTs) for Neuropsychiatry Franchise by driving the program teams to execute on the strategic vision of the Neuropsychiatry portfolio.
  • Drive planning for key drug development stage-gate decision points after Phase 1 and co-chair stage-gate committee for Neuropsychiatry franchise.
  • Manage an integrated program budget and resource plan in partnership with the R&D Operations Lead, Finance team member, and functional line representatives on the team.
  • Facilitate resource planning, and financial and capacity assessments for Neuropsychiatry franchise.
  • Partner with Strategic Product Planning function to establish or update Target Product Profiles (TPPs) for the Neuropsychiatry portfolio that are aligned with the Strategic Value Proposition for the initial development and life-cycle management of the asset.
  • Coordinate formation of the ASTs for Neuropsychiatry Franchise programs following a Go to Phase 2 (POC) decision at Stage Gate 3 and knowledge transfer from the Early-Stage AST members or Alliance Delivery Teams (ADTs) for partnered programs.
  • Collaborate with Research and Development (R&D) Operations team to ensure development team plans and timelines align with the strategic goals for the portfolio.
  • Ensure clear translation of the Strategic Value Proposition for each asset into an integrated strategic development plan for each program.
  • Proactively communicate contract milestones, scientific and financial obligations to ASTs for partnered programs to make well-informed strategic recommendations and decisions.
  • Conduct risk management, and contingency and scenario planning across disciplines, ensure transparent communication of risks and escalate to executive management with appropriate speed.
  • Lead and facilitate decision analysis with the team including development and assessment of outcome scenarios with alternative development options, robust go/no go decision criteria, probability of technical and regulatory success (PTRS), and value and investment implications.
  • Ensure a coordinated approach across portfolio managers to ensure aligned execution and consistent reporting across stakeholders (ie, financial planning and analytics, executive leadership team and board of directors).
Requirements
  • Bachelor's degree in life science or related field; Advanced degree preferred.
  • Targeting 12 years of progressively responsible, relevant experience focusing on program management with 8 years in a leadership role which includes experience managing cross-functional project teams.
  • Successful candidate will have a strong understanding of the drug development process from preclinical pharmacology through to regulatory approval and the principles, concepts, practices, and standards of pharmaceutical program management.
  • An equivalent combination of relevant education and experience may be considered.
Key Skills
  • Excellent knowledge of project management discipline and its application to drug development required to deliver time, cost, quality and risk management to teams.
  • Advanced meeting facilitation skills and ability to lead cross-functional teams that include executive and senior management without direct authority.
  • Financial management knowledge desired.
  • Neuroscience experience desired.
  • Excellent interpersonal, organizational, written and verbal communication skills.
  • Independent, motivated, team leader with the ability to thrive in a matrix environment.
  • Ability to support multiple asset teams simultaneously with strong organizational and time management skills and attention to detail.
  • Ability to accommodate and lead teams through shifting priorities, demands and timelines.
  • Ability to elicit cooperation from a wide variety of sources and to be persuasive, encouraging and motivating.
  • Adept at creating and communicating a clear vision for a program among team members to facilitate alignment of resources to achieve program and corporate goals.
  • Proven track record of implementing Project Management tools, methodologies, practices and infrastructure, as related to the biopharmaceutical Industry.
  • In-depth knowledge and skill with Microsoft (MS) suite including MS PowerPoint, MS Project, MS Word, MS Excel.

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