VC Manager @ Merck in Rahway, NJ

VC Stack; Rahway (NJ); Hybrid; USD 100,000 - 130,000; Full time

Job summary

VC Stack in Rahway, New Jersey, is seeking an Investment Manager responsible for supporting product-focused decision making and financial stewardship. This role will manage the IT Investment Management Framework, utilizing portfolio demand and fiscal management tools to monitor performance and drive investment decisions.

The ideal candidate has 5+ years in IT portfolio management, especially in the pharmaceutical sector, strong quantitative skills, and the ability to communicate effectively with senior leadership.

This position follows a hybrid work model with specific days in the office.

Qualifications

• 5+ years of IT portfolio or fiscal management experience, preferably in pharmaceuticals.
• Strong quantitative skills with ability to use data for investment decisions.
• Demonstrated ability to meet deadlines in detail-oriented roles.

Responsibilities

• Manage investment process and optimize IT portfolio.
• Govern portfolio operations and reporting for leadership.
• Create reports for Senior Leaders articulating value drivers.

Skills

IT portfolio management

Quantitative analysis

Financial acumen

Communication skills

Process improvement

Education

Bachelor's degree

Tools

Microsoft Excel

Power BI

JIRA

Job description

The Investment Manager supports product-focused decision making and financial stewardship by taking accountability for how the Value Team leverages the IT Investment Management Framework. This role will utilize portfolio demand and fiscal management tools to monitor and analyze performance that includes Total Cost of Ownership (TCO) and value realization. The incumbent will curate insights of operational savings and efficiencies that will inform investment decisions. The Portfolio Manager reports to the Value Team Portfolio Lead and works closely with Product Line Leads, Product Managers, Finance and Value Teams.

What will you do?

• Portfolio governance, operational reviews, and reporting (overall health, resource consumption, financials etc.) for Value Team members and Senior Leaders.
• Management in all phases of investment process to drive, execute and optimize division IT portfolio.
• Proactive stewardship of all investment funding mechanisms, which includes ensuring the collective initiatives and product lines do not exceed the portfolio’s budget allocation.
• Consistent reporting in all applicable systems and forums at various levels of Value Team operations.
• Adoption of portfolio and financial tools and processes. This includes becoming a subject matter expert that can host training to increase financial acumen of peers and Value Team.
• Validation and prioritization of new portfolio demand in partnership with Value Team Leader & Portfolio Lead while instilling a culture of sharing and re‑use.
• Propose and secure funding through business case and guardrail management in collaboration with Business Technology Partners (BTPs) and Product Line Leaders (PLLs).
• Tracking/Reporting Total Cost of Ownership (TCO) & value realization that supports decision making for Portfolio Lead and Value Team.
• Independent content creation for Senior Leaders that articulates value drivers, progress on value, key decisions, and impact/outcomes.
• Active participation in process improvement forums and retrospectives. As a next step, incumbent can implement changes with Agile mindset.

Qualifications, Skills & Experience Required

• 5+ years of demonstrated IT portfolio or fiscal management experience, pharmaceutical industry preferred.
• Curiosity to discover drivers behind trends. Strong quantitative skills and the ability to use/visualize data and metrics to inform investment decisions in cross‑functional team.
• Strong financial, process improvement acumen with interest in educating organization in these concepts.
• Demonstrated ability to thrive in detail‑oriented role with a sense of urgency to meet deadlines, often without oversight.
• Solid communication skills including facilitation of live or virtual meetings, meeting/workshop management, written communication, and presentation skills.
• Competent in the use of financial and communications tools including Microsoft Excel and Teams along with the rest of Office 365 suite, Confluence, Spotfire, Power BI, JIRA.
• Minimum education – Bachelor degree required.

As an Equal Employment Opportunity Employer, we provide equal opportunities to all employees and applicants for employment and prohibit discrimination on the basis of race, color, age, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability status, or other applicable legally protected characteristics. As a federal contractor, we comply with all affirmative action requirements for protected veterans and individuals with disabilities. For more information about personal rights under the U.S. Equal Opportunity Employment laws, visit the EEOC Know Your Rights and EEOC GINA Supplement.

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, Monday – 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”.