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Sr. Director, Global Compensation

Company: Moderna Theraputics
Location: Cambridge
Posted on: June 12, 2021

Job Description:

The Role:

Moderna is searching for a Senior Director of Global Compensation who will play a key role on the Global Total Rewards team. This role will be responsible for actively managing our global compensation strategy and critical employee financial initiatives. This role will proactively identify and drive initiatives to improve Moderna's compensation programs and lead support of our international expansion. This includes designing, implementing and administering compensation policies, programs, and processes. The Senior Director, Global Compensation will build collaborative partnerships with HR Business Partners and key stakeholders and leaders in the business to deliver innovative solutions for compensation, total rewards and broader HR initiatives.

Here's What You'll Do:

  • Champion Moderna's compensation philosophy and partner across Human Resources and the business to ensure compensation programs are designed and delivered in alignment with compensation, total rewards and HR objectives

  • Build strong relationships with HR Business Partners and Business Leaders

  • Provide consultation and partnership to identify needs and priorities; including conducting market research, internal analysis, establishing design principles, outlining implications through modeling, determining employee and cost impacts, and creating communications to the business

  • Consult with HR Business Partners and Business Leaders on compensation challenges and solutions ranging from individual employee recommendations to unique compensation program interventions (e.g., retention programs, one-time payments, off-cycle increases, etc.)

  • Lead the Annual Compensation Review and all related work streams. This includes design, resource allocation, project management, and communication planning, as well as market survey participation, market pricing practices, salary structures, budget recommendations and market analysis

  • Manage the annual market analysis for assigned client groups including involvement in data preparation, data analysis, development and delivery of observations, and recommendations to business leaders

  • Partner with the Culture and Belonging team to ensure we monitor and measure our programs to prevent bias in our strategies

  • Influence the direction and design innovative solutions for compensation programs by understanding the business, anticipating and diagnosing client needs, and utilizing best practice knowledge

  • Maintain current knowledge of legal and market topics to ensure compliance including Equal Pay, minimum wage, living wage and FLSA

  • Facilitate leadership conversations pertaining to organization and job design to identify and scope work, clarify and articulate accountabilities and develop solutions

  • Design, communicate and implement compensation programs and processes that are used across Moderna's global locations

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

  • A desire to be part of a high-growth, transformational company that is Bold, Relentless, Curious, and Collaborative

  • Certified compensation professional with a minimum of 15 years of relevant experience required

  • Extensive knowledge of compensation practices and theory including experience in compensation program design and project management

  • Proven track record of complex integration experience in a large global, matrixed organization (North America, Europe and Asia)

  • Excellent interpersonal, communication, and consulting skills with the proven ability to build collaborative partnerships within HR and with Business leaders to recommend compensation solutions that solve business problems

  • Ability to effectively communicate complex concepts in simple terms to various audiences

  • Advanced Excel skills and spreadsheet analysis with strong PowerPoint skills with the ability to build audience-specific presentations

  • Exceptional analytical, problem solving and financial modeling skills, with an eye for detail and accuracy

  • Ability to organize and accomplish objectives independently and proactively and navigate within a growing organization

  • Experience with mergers and acquisitions desirable

  • Bachelor's degree required, Master's degree in a related field is preferred

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:

In 10 years since its inception, Moderna has transformed from a science research-stage company advancing programs in the promising-but-still-unproven field of messenger RNA (mRNA), to an enterprise with its first medicine having treated millions of people, a diverse clinical portfolio of vaccines and therapeutics across six modalities, a broad intellectual property portfolio in areas including mRNA and lipid nanoparticle formulation, and an integrated manufacturing plant that allows for both clinical and commercial production at scale and at unprecedented speed. Moderna maintains alliances with a broad range of domestic and overseas government and commercial collaborators, which has allowed for the pursuit of both groundbreaking science and rapid scaling of manufacturing. Most recently, Moderna's capabilities have come together to allow the authorized use of one of the earliest and most-effective vaccines against the COVID-19 pandemic.

Moderna's mRNA platform builds on continuous advances in basic and applied mRNA science, delivery technology and manufacturing, and has allowed the development of therapeutics and vaccines for infectious diseases, immuno-oncology, rare diseases, cardiovascular diseases and auto-immune diseases. Today, 24 development programs are underway across these therapeutic areas, with 13 programs having entered the clinic. Moderna has been named a top biopharmaceutical employer by Science for the past six years. To learn more, visit www.modernatx.com.

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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Keywords: Moderna Theraputics, Cambridge , Sr. Director, Global Compensation, Other , Cambridge, Massachusetts

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