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Associate Manager - Contract Management

Employer
Novo Nordisk
Location
Plainsboro, NJ
Start date
Jul 4, 2024
View moreView less
Discipline
Administration, Science/R&D, Biotechnology
Required Education
Masters Degree/MBA
Position Type
Contract
Hotbed
Best Places to Work

Job Details

About the Department                                                                                                                                               

The Clinical, Medical and Regulatory (CMR) department at Novo Nordisk is one of the most diverse and collaborative groups within the organization. From health-care-provider interactions and developing and implementing regulatory strategies with the FDA to providing medical education and collecting data to support efficacy and new product development, CMR is involved. The one thing that keeps us all marching to the same beat is our patient-centered focus. At Novo Nordisk, you will help patients around the world. As their needs evolve, so does our challenge to find better and more innovative ways to improve their quality of life. We’re changing lives for a living. Are you ready to make a difference?

The Position

This position supports CMR business development goals through the successful negotiation and execution of research and strategic partnership contracting agreements. In collaboration with the Associate Director, the Associate Manager will support CMR’s partnership and alliance contract management strategy with a focus on:

  • Partnering with stakeholders across CMR to plan, negotiate and execute research and partnership projects that align with business objectives and expectations
  • Ensuring negotiations are completed in accordance with business guidance and ethics
  • Identifying opportunities for change management that enhance efficiencies across the contracting life cycle
  • Supporting strong and effective communication and relationship management across internal and external stakeholders
  • Relationships

    This position reports to an Associate Director overseeing the contract management function of  the CMR organization. This position will work cross-functionally with stakeholders, including senior leadership, across all organizations within CMR as well as Procurement, Legal, Compliance, Privacy and other key focus areas. To support the successful planning and execution of CMR initiatives, this position will be accountable for liaising with current and prospective CMR external contracting entities.

     

    This position is an individual contributor.

     

    Essential Functions

  • With support of Associate Director, manage complex contracting negotiations including, but not limited to, service agreements, research partnerships, sponsorships, memberships, data sharing, non-disclosure, and master service agreements across a broad spectrum of external entities with a focus on budget, quality, compliance and in alignment with business needs
  • Serve as a subject matter expert on key policies and processes related to contracting and vendor management, including key financial assumptions, key performance indicators (KPI) and milestones
  • Support the strengthening and streamlining of the end-to-end internal contracting workflow with focus on creating efficiencies, expediting timeline and driving contracting best practices 
  • Serve as an effective liaison between Line of Business (LOB) and key stakeholders in the contracting workstream, communicating pertinent contract scope details to ensure targeted and transparent contract review and processing
  • Proactively identify and explain potential contract engagement risks to LOB and external contracting entities and propose effective solutions for mitigation
  • Ensure compliance with government rules and regulations relating to the contractual and budgetary aspects of contracting with health care systems, health care professionals and organizations ie fair market value, transparency reporting, etc.
  • Physical Requirements

    0-10% overnight travel required.

     

    Qualifications

  • Bachelors’ degree required. Advanced degree preferred
  • A minimum of 6 years of progressively responsible experience in a scientific/medical or academic research environment including, but not limited to, pharmaceutical, biotechnology, and/or CRO required
  • Advanced experience in budget and contract negotiations with clear understanding/impact of contract and financial schedules ie cost benefit analysis, return on investment, KPI, financial milestones and related payment schedules
  • Ability to think strategically and initiate strong and persuasive contractual arguments with all levels of business, including senior leadership, to support business policies and objectives
  • Excellent negotiation skills with the ability to understand, identify and explain contractual risk to varying stakeholders
  • Demonstrated ability in identifying areas of improvement and optimization including ideas for change management
  • Demonstrated ability to work independently in a cross-functional, fast-paced environment
  • Excellent written and verbal communication skills and ability to be clear and concise in a variety of communication settings
  • Advanced capability in MS Excel, MS PowerPoint and MS Word
  •  

     

    We commit to an inclusive recruitment process and equality of opportunity for all our job applicants.

     

    At Novo Nordisk we recognize that it is no longer good enough to aspire to be the best company in the world. We need to aspire to be the best company for the world and we know that this is only possible with talented employees with diverse perspectives, backgrounds and cultures. We are therefore committed to creating an inclusive culture that celebrates the diversity of our employees, the patients we serve and communities we operate in. Together, we’re life changing.

     

    Novo Nordisk is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race, ethnicity, color, religion, sex, gender identity, sexual orientation, national origin, disability, protected veteran status or any other characteristic protected by local, state or federal laws, rules or regulations.

     

    If you are interested in applying to Novo Nordisk and need special assistance or an accommodation to apply, please call us at 1-855-411-5290. This contact is for accommodation requests only and cannot be used to inquire about the status of applications.

    Company

    Novo Nordisk is a leading global healthcare company, founded in 1923 and headquartered in Denmark. Our purpose is to drive change to defeat diabetes and other serious chronic diseases such as obesity and rare blood and endocrine disorders. We do so by pioneering scientific breakthroughs, expanding access to our medicines, and working to prevent and ultimately cure disease. Novo Nordisk employs about 54,400 people in 80 countries and markets its products in around 170 countries. For more information visit novonordisk.com.

    Our US Research & Development hub, located in the Greater Boston area, brings together the best talent to drive life science innovation. Located in Lexington, Watertown and Cambridge, our teams reflect the full scope of R&D, from early research through late-stage clinical development. We are building for the future by creating a distinct R&D community based on collaboration, partnerships, and cutting-edge research across multiple modalities and therapeutic areas. We recognize that improving human health starts here and that patients rely on us. By combining the speed and agility of biotech with the quality, resources, and stability of a large pharmaceutical company, our US R&D hub will benefit from the best of both worlds to develop new medicines that meet the needs of patients.

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    Company info
    Website
    Phone
    617-612-6200
    Location
    75 Hayden Avenue
    Lexington
    MA
    02421
    United States

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