Director – IT Investment Management (Hybrid – NJ, PA, TX or Prague)

Merck

Job Description

IT powers our company to save and improve lives. Within our Company IT, IT Strategy Realization’s (ITSR’s) purpose is to lead value-driven outcomes and accelerate how we transform IT.

The Director of IT Investment Management will oversee the strategic planning, budgeting, and allocation of resources for IT investments across IT. The Director is responsible for optimizing IT investments and ensuring alignment with the highest strategic priorities, while ensuring alignment with the overall business objectives. This role requires a deep understanding of strategic execution and value realization, portfolio management, financial management and IT.

The Director will manage a team and collaborate with IT senior leaders, IT finance, portfolio managers and strategy leads to maximize value driven outcomes.

Responsibilities include:

IT Investment Management

Lead the IT Investment Management capability, including the vision, strategy and roadmap, ensuring value is brought to IT, and our company

Lead our Value Realization capability, continuing to mature our vision and adoption of Objective and Key Result (OKR) methodology across IT

Lead continuous improvement of the Global IT Quarterly Business Review (QBR) leveraging our OKR methodology and complementary approaches to test we are realizing value/outcomes, in line with our company and IT strategy

Empower IT senior leaders to drive focus across IT, and create the conditions to ensure leadership is focused on the right topics and the right conversations for ongoing strategic alignment

Foster a standardized operating rhythm across IT in alignment with the Global IT QBR to ensure strategic execution and value realization across IT

Partner with IT Finance to support our Long Range Operating Plan (LROP) and budgetary cycles, enabling data driven budget planning for IT

Oversee the overall health of the IT portfolio, including business case support, and managing relevant status in partnership with IT Finance

Leadership and Partnership

Lead and inspire the Investment Management team to be customer centric, drive best practices, methods, and self-service tools, working in partnership across IT areas, listening and co-creating

Thought-leader for IT Investment Management, with a digital-first mindset that informs, inspires, and partners across the organization

Support transformation programs across IT as the Investment Management Lead, from process (re)design through to business adoption and value realization

Partners with corporate and IT Finance to support budgetary cycles and capital business case processes across IT

Collaborates with IT leadership, IT finance, IT senior leaders, IT portfolio managers and other partners for our IT Investment Management capability, driving a continuous improvement approach

Travel will be required (~10%).

Required Education:

Bachelors Degree in Computer Science, Information Technology, Business or a related field.

Required Experience and Skills:

Minimum of 10 years’ experience in IT Investment Management, with deep understanding of stakeholder needs

Minimum of 2 years in a people management role.

Proven experience leading IT Investment Management transformation to drive business value and increase operational efficiency

Strong understanding of both agile and project management methodologies

Experience working in a product-centric organization

Experience in developing and implementing value realization methodologies such as OKRs

Experience developing IT business cases of varying sizes including costs, benefits, risks and the impacts of capitalization, depreciation, and amortization

Knowledge of financial, risk, and resource management principles and their application in IT portfolio management.

Excellent interpersonal, communication and networking skills to network internally and externally, and work effectively with all organizational levels

Manage and develop cross-functional teams

Outstanding written and verbal communication skills – able to effectively communicate complex concepts in simple ways to various stakeholder groups.

Results-oriented, self-directed, self-motivated, focused professional with a track record of successfully developing plans and implementing them to drive result

Preferred Experience and Skills:

Experience in the pharmaceutical or healthcare industry

Knowledge of technology business management (TBM) or similar frameworks,

Experience leading teams through navigating fast paced and ambiguous situations

Manage data and produce insights from large datasets

#eligibleforerp

NOTICE FOR INTERNAL APPLICANTS

In accordance with Managers Policy – Job Posting and Employee Placement, all employees subject to this policy are required to have a minimum of twelve (12) months of service in current position prior to applying for open positions.

If you have been offered a separation benefits package, but have not yet reached your separation date and are offered a position within the salary and geographical parameters as set forth in the Summary Plan Description (SPD) of your separation package, then you are no longer eligible for your separation benefits package. To discuss in more detail, please contact your HRBP or Talent Acquisition Advisor.

Employees working in roles that the Company determines require routine collaboration with external stakeholders, such as customer-facing commercial, or research-based roles, will be expected to comply not only with Company policy but also with policies established by such external stakeholders (for example, a requirement to be vaccinated against COVID-19 in order to access a facility or meet with stakeholders). Please understand that, as permitted by applicable law, if you have not been vaccinated against COVID-19 and an essential function of your job is to call on external stakeholders who require vaccination to enter their premises or engage in face-to-face meetings, then your employment may pose an undue burden to business operations, in which case you may not be offered employment, or your employment could be terminated. Please also note that, where permitted by applicable law, the Company reserves the right to require COVID-19 vaccinations for positions, such as in Global Employee Health, where the Company determines in its discretion that the nature of the role presents an increased risk of disease transmission.

Current Employees apply HERE (https://wd5.myworkday.com/msd/d/task/1422$6687.htmld)

Current Contingent Workers apply HERE (https://wd5.myworkday.com/msd/d/task/1422$4020.htmld)

US and Puerto Rico Residents Only:

Our company is committed to inclusion, ensuring that candidates can engage in a hiring process that exhibits their true capabilities. Please click here (https://survey.sogosurvey.com/r/aCdfqL) if you need an accommodation during the application or hiring process.

We are an Equal Opportunity Employer, committed to fostering an inclusive and diverse workplace. All qualified applicants will receive consideration for employment without regard to race, color, age, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, or disability status, or other applicable legally protected characteristics. For more information about personal rights under the U.S. Equal Opportunity Employment laws, visit:

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U.S. Hybrid Work Model

Effective September 5, 2023, employees in office-based positions in the U.S. will be working a Hybrid work consisting of three total days on-site per week, generally Tuesday, Wednesday and either Monday or Thursday, although the specific days may vary by site or organization, with Friday designated as a remote-working day, unless business critical tasks require an on-site presence. This Hybrid work model does not apply to, and daily in-person attendance is required for, field-based positions; facility-based, manufacturing-based, or research-based positions where the work to be performed is located at a Company site; positions covered by a collective-bargaining agreement (unless the agreement provides for hybrid work); or any other position for which the Company has determined the job requirements cannot be reasonably met working remotely. Please note, this Hybrid work model guidance also does not apply to roles that have been designated as “remote”.

Under New York State, Colorado State, Washington State, and California State law, the Company is required to provide a reasonable estimate of the salary range for this job. Final determinations with respect to salary will take into account a number of factors, which may include, but not be limited to the primary work location and the chosen candidate’s relevant skills, experience, and education.

Expected salary range:

$164,800.00 – $259,400.00

Available benefits include bonus eligibility, long term incentive if applicable, health care and other insurance benefits (for employee and family), retirement benefits, paid holidays, vacation, and sick days. A summary of benefits is listed here (https://www.benefitsatmerck.com/) .

Search Firm Representatives Please Read Carefully

Merck & Co., Inc., Rahway, NJ, USA, also known as Merck Sharp & Dohme LLC, Rahway, NJ, USA, does not accept unsolicited assistance from search firms for employment opportunities. All CVs / resumes submitted by search firms to any employee at our company without a valid written search agreement in place for this position will be deemed the sole property of our company. No fee will be paid in the event a candidate is hired by our company as a result of an agency referral where no pre-existing agreement is in place. Where agency agreements are in place, introductions are position specific. Please, no phone calls or emails.

Employee Status:

Regular

Relocation:

Domestic

VISA Sponsorship:

No

Travel Requirements:

10%

Flexible Work Arrangements:

Hybrid

Shift:

1st – Day

Valid Driving License:

No

Hazardous Material(s):

N/A

Job Posting End Date:

06/24/2024

A job posting is effective until 11:59:59PM on the day BEFORE the listed job posting end date. Please ensure you apply to a job posting no later than the day BEFORE the job posting end date.

Job Posting End Date: 06/24/2024

A job posting is effective until 11:59:59PM on the day BEFORE the listed job posting end date. Please ensure you apply to a job posting no later than the day BEFORE the job posting end date.

Requisition ID: R297688

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