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Vice President, Global Total Rewards at Genmab
Genmab
Princeton, NJ
Administration
Posted 0 days ago
Job Description
At Genmab we are dedicated to building extranotordinary futures together by developing antibody products and groundbreaking knock-your-socks-off KYSO antibody medicines that change lives and the future of cancer treatment and serious diseases. We strive to create champion and maintain a global workplace where individuals unique contributions are valued and drive innovative solutions to meet the needs of our patients care partners families and employees.Our people are compassionate candid and purposeful and our business is innovative and rooted in science. We believe that being proudly authentic and determined to be our best is essential to fulfilling our purpose. Yes our work is incredibly serious and impactful but we have big ambitions bring a ton of care to pursuing them and have a lot of fun while doing so.Does this inspire you and feel like a fit Then we would love to have you join us!The RoleAs Genmab continues its transformation into a fully integrated global biotech company the Head of Total Rewards will architect a future-ready technology-enabled global rewards strategy that aligns with our purpose growth ambitions and values.This leader will combine expertise in executive compensation global scalability and digital enablement to create a next-generation total rewards modelanchored in data automation and human experience. The role will also build the structures systems and shared-service capabilities needed to scale efficiently while maintaining governance equity and agility.The location is flexible across Genmabs global hubs (Princeton Copenhagen Utrecht). We have a hybrid model that requires being onsite 60% of the time.ResponsibilitiesStrategic Design & Operating ModelDefine and lead the evolution of Genmabs total rewards philosophy and structure to support a global end-to-end biotech organization.Design a modern total rewards operating model that integrates regional teams shared services and centers of excellence for consistent global delivery.Drive process standardization and automation to improve quality transparency and efficiency.Lead a strategic compensation team responsible for developing forward-looking frameworks tools and analytics that enable proactive support to HR Business Partners Talent and other COE stakeholders.Ensure the Total Rewards function continuously evolves its offerings to meet the changing needs of a high-growth science-driven organization.Executive Compensation & GovernanceServe as lead advisor to the Boards Remuneration Committee on executive and equity compensation.Design performance-based and ESG-linked long-term incentive plans aligned with Genmabs business strategy and culture.Ensure strong governance compliance and transparency in all executive pay matters.Bring external perspective and best-in-class practices to inform committee discussions and program evolution ensuring Genmab remains competitive within the biotech and broader life sciences markets.Global Rewards Strategy & WellbeingOversee global compensation benefitsrecognition and mobility programs that balance competitiveness scalability and inclusivity.Integrate skills-based pay internal mobility and evolving career architectures into the total rewards framework.Evolve wellbeing and flexibility offerings through technology and personalized employee experiences.Champion employee understanding and appreciation of Total Rewards by partnering with Communications and HR to create clear engaging messaging that connects programs to our purpose values and EVP.Regularly assess market trends benchmark data and emerging innovations to identify opportunities for differentiation and continuous improvement.Technology Automation & DataLead implementation of digital total rewards platforms and process automation across compensation benefits and equity administration.Establish robust analytics capabilities for pay equity retention risk and predictive modeling.Drive continuous improvement through data insights benchmarking and feedback loops.Leverage advanced analytics to generate actionable insights for business leaders enabling data-driven decisions around talent retention productivity and performance outcomes.Governance & Continuous ImprovementStrengthen global governance structures and ensure alignment with regulatory financial and ethical standards.Create transparency and consistency through standardized processes policies and data.Build and mentor a global total rewards team with strong analytical and design skills.Requirements15 years of experience in total rewards with significant leadership in global complex organizations.Deep expertise in executive compensation design governance and disclosure.Proven success implementing technology analytics and automation within HR or total rewards functions.Experience designing shared-service or center of excellence models across geographies.Strong understanding of compensation and benefits regulations across multiple markets.Exceptional ability to influence and communicate at the executive and Board level.Demonstrated success leading and developing global teams fostering capability growth and functional excellence.Proven ability to translate external best practices and market intelligence into actionable strategies tailored to the biotech industry.AttributesVisionary leader who designs systems for long-term scalability.Digital innovator who applies automation and analytics to improve the employee experience.Trusted advisor who balances strategic foresight with operational excellence.Inclusive globally minded leader who champions fairness and sustainability in rewards.For US based candidates the proposed salary band for this position is as follows:$285200.00---$427800.00The actual salary offer will carefully consider a wide range of factors including your skills qualifications experience and location. Also certain positions are eligible for additional forms of compensation such as discretionary bonuses and long-term incentives.When you join Genmab youre joining a culture that supports your physical financial social and emotional wellness. Within the first year regular full-time U.S. employees are eligible for:401(k) Plan: 100% match on the first 6% of contributionsHealth Benefits: Two medical plan options (including HDHP with HSA) dental and vision insuranceVoluntary Plans: Critical illness accident and hospital indemnity insuranceTime Off: Paid vacation sick leave holidays and 12 weeks of discretionary paid parental leaveSupport Resources: Access to child and adult backup care family support programs financial wellness tools and emotional well-being supportAdditional Perks: Commuter benefits tuition reimbursement and a Lifestyle Spending Account for wellness and personal expensesAbout YouYou are genuinely passionate about our purposeYou bring precision and excellence to all that you doYou believe in our rooted-in-science approach to problem-solvingYou are a generous collaborator who can work in teams with a broad spectrum of backgroundsYou take pride in enabling the best work of others on the teamYou can grapple with the unknown and be innovativeYou have experience working in a fast-growing dynamic company (or a strong desire to)You work hard and are not afraid to have a little fun while you do so!LocationsGenmab maximizes the efficiency of an agile working environment when possible for the betterment of employee work-life balance. Our offices are crafted as open community-based spaces that work to connect employees while being immersed in our powerful laboratories. Whether youre in one of our office spaces or working remotely we thrive on connecting with each other to innovate.About GenmabGenmab is an international biotechnology company with a core purpose to improve the lives of patients through innovative and differentiated antibody therapeutics. For 25 years its hard-working innovative and collaborative team has invented next-generation antibody technology platforms and harnessed translational quantitative and data sciences resulting in a proprietary pipeline including bispecific T-cell engagers antibody-drug conjugates next-generation immune checkpoint modulators and effector function-enhanced antibodies. By 2030 Genmabs vision is to transform the lives of people with cancer and other serious diseases with Knock-Your-Socks-Off (KYSO) antibody medicines.Established in 1999 Genmab is headquartered in Copenhagen Denmark with international presence across North America Europe and Asia Pacific. For more information please visit and follow us on LinkedIn and X.Genmab is committed to protecting your personal data and privacy. Please see our privacy policy for handling your data in connection with your application on our website Job Applicant Privacy Notice ().Please note that if you are applying for a position in the Netherlands Genmabs policy for all permanently budgeted hires in NL is initially to offer a fixed-term employment contract for a year if the employee performs well and if the business conditions do not change renewal for an indefinite term may be considered after the fixed-term employment contract.Required Experience:Exec Key Skills Change Management,Financial Services,Growing Experience,Managed Care,Management Experience,Analysis Skills,Senior Leadership,Performance Management,Process Management,Leadership Experience,negotiation,Analytics Employment Type : Full-Time Experience: years Vacancy: 1 Monthly Salary Salary: 285200 - 427800
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