VP, Global Total Rewards

Company: Moderna Therapeutics
Location: Cambridge
Posted on: September 17, 2020

Job Description:

200 Technology Square - Cambridge - USA - MA

G&A

The Role:

Reporting to the CHRO, the VP, Global Total Rewards acts as a close strategic partner to the leadership team to ensure all compensation (executive and broad-based) and benefits programs align with the strategic goals of the company. They will support this high-performance culture by rewarding and attracting top talent. This leader directs the planning, design, implementation, maintenance and administration of all global compensation and benefits programs in order to maintain the Moderna's objectives and competitive position as the company continues to expand globally.

This person will be a change leader and manager who thrives on continuous improvement within an entrepreneurial environment—laser-focused on exceptional customer service while driving innovation to create an atmosphere that supports new ideas and initiative. This leader will possess strong executive presence as they will interact extensively with the compensation committee/board of directors.

The ideal candidate will have depth of expertise in executive compensation program design and governance, with familiarity operating within a global environment.

Here’s What You’ll Do:

Direct the overall global compensation and benefits function to ensure programs are competitive, balanced and achieve desired behaviors and results that are closely aligned to Moderna’s business strategies.

Develop agenda topics and materials for the Compensation Committee of the Board of Directors. Lead Compensation Committee discussions along with CHRO.

Provide reports, updates and make presentations, as appropriate, to communicate various compensation initiatives to HR and the Compensation Committee of the Board.

Standardize executive compensation, equity planning and incentive payouts ensuring alignment with business objectives and market benchmarks.

Provide the strategic framework as an extension of the CHRO's strategy for HR/people.

While teaming with HR leaders and external consulting partners, validate the effectiveness of plans ensuring: market competitiveness, enterprise/business objectives are achieved and ability to attract/reward/retain top talent.

Ensure compensation, benefits and equity programs are innovatively designed, uniformly applied, cost efficient and also integrate the following considerations: benchmarking of peer company and industry competitors, goal setting and metric development, performance and talent management and overall reward assessments/various effectiveness scenarios.

Remain current on industry trends, best practices, compliance, new/progressive processes, etc. that enable Moderna to achieve higher levels of organizational excellence.

Relentlessly drive operational excellence and innovation in all areas of responsibility.

Here’s What You’ll Bring to the Table:

Experience in executive compensation, including responsibility for preparing materials for the CD&A section of the proxy and presenting to the Compensation Committee of the Board of Directors.

Demonstrated ability to anticipate future trends/consequences and create innovative strategies. Bring a fresh perspective, though have deep compensation and benefits experience in a customer-focused environment.

An experienced manager of people, programs and ideas. Pro-active and results oriented and capable of operating successfully in a growing organization.

Able to evaluate, design and recommend compensation programs based on market assessment and business strategy.

Success in creating and articulating ideas and plans to both executive management and peers in the context of business priorities and needs.

Outstanding problem-solving capabilities, including the ability to clearly define problems, collect data (primary and secondary), establish facts, draw valid conclusions and influence others to implement recommendations.

Excellent strategic, analytic and financial skills. Demonstrate both the art and science of compensation.

A driver personality, one who is not afraid to roll up their sleeves to get things done, while remaining a collaborative team player.

An individual who can keep up with the fast-paced and ambiguous environment of Moderna, rapidly shifting priorities to best support their team and the overall business.

Comfortable working at both strategic and tactical levels, thinking long term while executing in the weeds if necessary

Executive presence, one who possesses the depth of experience to comfortably interact with senior executives within the company while remaining accessible to everyone.

A people person who will be viewed as a leader and resource for the whole population of their function.

An enterprise-wide thinker, with a lens on how decisions made within one site or unit may affect others across the business.

The ability to work in a lean environment, taking on and/or delegating new roles as they arise.

A minimum of 15 years of diverse compensation and benefits experience within pharmaceutical/technology-centric environments.

History of successful interaction and influence with all levels of stakeholders, particularly the Board of Directors, CEO, and other senior executives.

Track record of progressive responsibility managing the compensation function within a complex/matrixed, global organization.

Strong interpersonal communication skills including conflict resolution, team management and presentations.

Here’s What We’ll Bring to the Table:

On-site subsidized cafeteria or catered lunches

Company-provided iPhone

Free parking, monthly subway pass or a subsidized commuter rail pass

Free annual corporate membership to Bluebikes

Highly competitive healthcare coverage including: medical offered through BCBS (HMO/PPO), dental, and vision offered through VSP

Flexible Spending Accounts for medical expenses and dependent care expenses

16 weeks of 100% paid parental leave for all new parents

16 weeks 100% paid family caregiver leave

20 weeks 100% paid medical leave

Eligible for “Moderna Month” (one month paid sabbatical after five years of service and eligible for additional one month paid sabbatical every 3 years thereafter)

Adoption assistance and discounts to local childcare centers, as well as access to care.com

401k (traditional and Roth offered) with 50% match on first 6% deferred. Match is vested immediately

A suite of Moderna paid insurance coverage, including: life insurance, short-term and long-term disability

Voluntary legal assistance plan

15 days’ vacation and 7 sick days per year, in addition to a discretionary winter shut down and 11 company paid holidays (includes 2 floating holidays)

About Moderna:

Moderna is advancing messenger RNA (mRNA) science to create a new class of transformative medicines for patients. mRNA medicines are designed to direct the body’s cells to produce intracellular, membrane or secreted proteins that can have a therapeutic or preventive benefit and have the potential to address a broad spectrum of diseases. The Company’s platform builds on continuous advances in basic and applied mRNA science, delivery technology and manufacturing, providing Moderna the capability to pursue in parallel a robust pipeline of new development candidates. Moderna is developing therapeutics and vaccines for infectious diseases, immuno-oncology, rare diseases, cardiovascular diseases, and autoimmune and inflammatory diseases, independently and with strategic collaborators.

Headquartered in Cambridge, Mass., Moderna currently has strategic alliances for development programs with AstraZeneca, Plc. and Merck, Inc., as well as the Defense Advanced Research Projects Agency (DARPA), an agency of the U.S. Department of Defense, the Biomedical Advanced Research and Development Authority (BARDA), a division of the Office of the Assistant Secretary for Preparedness and Response (ASPR) within the U.S. Department of Health and Human Services (HHS) and the Coalition for Epidemic Preparedness Innovations (CEPI). Moderna has been ranked in the top ten of Science’s list of top biopharma industry employers for the past five years. To learn more, visit www.modernatx.com .

Our Mission: Deliver on the promise of mRNA science to create a new generation of transformative medicines for patients.

Moderna is a smoke-free, alcohol-free and drug-free work environment.

Moderna is committed to equal employment opportunity and non-discrimination for all employees and qualified applicants without regard to a person’s race, color, gender, age, religion, national origin, ancestry, disability, veteran status, genetic information, sexual orientation or any characteristic protected under applicable law. Moderna will make reasonable accommodations for qualified individuals with known disabilities, in accordance with applicable law.

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About Us Our Mission and Vision

At Moderna we are pioneering the development of a new class of drugs made of messenger RNA (mRNA). This novel drug platform builds on the discovery that modified mRNA can direct the body’s cellular machinery to produce nearly any protein of interest, from native proteins to antibodies and other entirely novel protein constructs that can have therapeutic activity inside and outside of cells.

We have a clear mission to propel the field of mRNA science forward and deliver new medicines to patients and a unique vision for how to achieve this mission.

Our Mission : To deliver on the promise of transformative messenger RNA (mRNA) science to bring new medicines to patients.

Our Vision : To unlock the potential of mRNA Therapeutics™ by establishing an ecosystem of teams and partners that will work together to develop the broadest possible array of drugs, across diverse therapeutic areas and routes of administration, for serious diseases that are not treatable today.

Third Party Staffing Agencies

M oderna does not accept unsolicited resumes from any source other than directly from candidates. For the protection of all parties involved in the recruiting process, resumes will only be accepted from recruiters/agencies if a signed agreement is in place at the inception of the recruiting effort and authorized for a specified position. Unsolicited resumes sent to Moderna from recruiters/agencies do not constitute any type of relationship between the recruiter/agency and Moderna and do not obligate Moderna to pay fees if we hire from those resumes.

EEO Disclosure

Moderna is committed to equal employment opportunity and non-discrimination for all employees and qualified applicants without regard to a person's race, color, gender, age, religion, national origin, ancestry, disability, veteran status, genetic information, sexual orientation or any characteristic protected under applicable law. Moderna will make reasonable accommodations for qualified individuals with known disabilities, in accordance with applicable law.

Keywords: Moderna Therapeutics, Cambridge , VP, Global Total Rewards, Other , Cambridge, Massachusetts