Merck
Director, Integrated Account Management (IAM) Contracting Compliance & Operations
North Wales, PA
Nov 19, 2024
Full-time
Full Job Description

Job Description

The Integrated Account Management (IAM) Director, IAM Contract Compliance & Operations reports directly to the IAM Vice President. This role is responsible for leading a team of 2 Associate Directors to provide best-in-class compliance and operation support to the Integrated Account Management team in coordination with key stakeholders within Finance, Compliance and Legal. The role dotted lines to the US Corporate Compliance Officer.

Key compliance priorities include program oversight and governance over policies and Standard Operating Procedures of contracting functions in IAM (e.g., contract eligibility, chargebacks, order management, bundle/stacking and contract lifecycle management), audit/monitoring management, and remediation activities. In addition, this role serves as business owner for the Contract Lifecycle Management platform (ICM) and Formulary Verification processes, including operations provided by MMIT platform. This role works closely with compliance points of contact within IAM, Finance and Compliance office.


Key Responsibilities include and may not be limited to:

  • Ensure that all aspects of the IAM Compliance Plan are met without exception.

  • Facilitate the annual audit of Central Contract Services (CCS) by internal and external audit in support of our Company's external reporting. Follow up to ensure that any outstanding audit issues are addressed in a timely manner.

  • Coordinate annual reviews of all Integrated Account Management (IAM) internal controls and Standard Operating Procedures within contracting functions. Identify, investigate, and implement future preventative actions for IAM compliance incidents requiring remediation.

  • Provide subject matter expertise and Compliance perspective on contracting initiatives.

  • Hold monthly Compliance reviews with a cross-functional council including representation from Finance, Legal, Corporate Compliance and IAM. Conduct quarterly reviews with the VPs of IAM, US Market Finance, Legal and Compliance and semi-annual reviews with the President of US Human Health.

  • Act as IAM Privacy Steward as part of the Global Privacy Office.

  • Assess monthly bundle/stacking metrics across IAM, Puerto Rico and Vaccines Contracting to ensure meeting KPIs as dictated in IAM Compliance Plan. Investigate inaccurate or untimely submissions. Adjust processes or conduct training, as needed.

  • As business owner of contract lifecycle management platform, ICM, ensure proper end-to-end utilization of the system by IAM, Puerto Rico and Vaccine Contracting Customer Managers. Collaborate across IAM, IT and vendor on system enhancements and updates needed.

  • In partnership with Legal and Customer Contract Management (CCM) Government Pricing, conduct annual GP refresher training at IAM 1S Meetings.

  • As business and compliance owner of the Formulary Verification process. Supervise semi-annual verification process. Collaborate with vendor of tool, MMIT, to address inefficiencies or deficiencies with the tool. At the conclusion of each cycle, compile reports to present to VPs of IAM and US Market Finance. Oversee Hospital Formulary Verification and Enrollment Audit processes, on a semi-annual and annual basis, respectively.

  • Identify additional areas for compliance improvement across IAM, Puerto Rico and Vaccines contracting teams.

Position Qualifications:

Minimum Requirements:

  • BS/BA degree

  • 10 years of business experience, preferably pharmaceutical/healthcare-related

  • US market knowledge and experience

  • Strong leadership and problem-solving skills

  • Expertise with collaboration, influencing without authority and working successfully with cross-functional teams

  • Strong demonstration of ethics and integrity

  • Ability to work hybrid at the North Wales (Upper Gwynedd), PA office at least 3 days per week

  • Ability to travel ~10%

Preferred Qualifications:

  • Knowledge of US contracting processes and government pricing regulations, including pharmacy contracting & compliance

  • Prior management / team leadership experience with proven results

  • MBA degree

#IAM

#USPHARMA

Current Employees apply HERE

Current Contingent Workers apply HERE

US and Puerto Rico Residents Only:

Our company is committed to inclusion, ensuring that candidates can engage in a hiring process that exhibits their true capabilities. Please click here if you need an accommodation during the application or hiring process.

We are an Equal Opportunity Employer, committed to fostering an inclusive and diverse workplace. All qualified applicants will receive consideration for employment without regard to race, color, age, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, or disability status, or other applicable legally protected characteristics. For more information about personal rights under the U.S. Equal Opportunity Employment laws, visit:

EEOC Know Your Rights

EEOC GINA Supplement

Pay Transparency Nondiscrimination

We are proud to be a company that embraces the value of bringing diverse, talented, and committed people together. The fastest way to breakthrough innovation is when diverse ideas come together in an inclusive environment. We encourage our colleagues to respectfully challenge one another's thinking and approach problems collectively.

Learn more about your rights, including under California, Colorado and other US State Acts

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".

San Francisco Residents Only:We will consider qualified applicants with arrest and conviction records for employment in compliance with the San Francisco Fair Chance Ordinance

Los Angeles Residents Only:We will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws, including the City of Los Angeles' Fair Chance Initiative for Hiring Ordinance

Search Firm Representatives Please Read Carefully
Merck & Co., Inc., Rahway, NJ, USA, also known as Merck Sharp & Dohme LLC, Rahway, NJ, USA, does not accept unsolicited assistance from search firms for employment opportunities. All CVs / resumes submitted by search firms to any employee at our company without a valid written search agreement in place for this position will be deemed the sole property of our company. No fee will be paid in the event a candidate is hired by our company as a result of an agency referral where no pre-existing agreement is in place. Where agency agreements are in place, introductions are position specific. Please, no phone calls or emails.

Employee Status:

Regular

Relocation:

Domestic

VISA Sponsorship:

No

Travel Requirements:

10%

Flexible Work Arrangements:

Hybrid

Shift:

Not Indicated

Valid Driving License:

No

Hazardous Material(s):

n/a

Job Posting End Date:

11/28/2024

*A job posting is effective until 11:59:59PM on the day BEFOREthe listed job posting end date. Please ensure you apply to a job posting no later than the day BEFORE the job posting end date.


Requisition ID:R322501

PDN-9d85eee3-8817-4f60-a095-2e7a5dd932dc
Job Information
Job Category:
Sales
Spotlight Employer
Related jobs
Business Development Executive The Sentinel, a publication of Lee Enterprises, is seeking an energetic, skilled sales executive to drive digital multi-media account growth for new and existing account...
Nov 23, 2024
Carlisle, PA
Photo/Video Intern
Lee Enterprises Inc
The St. Louis Post-Dispatch multimedia team is looking for a 2025 winter photo/video intern from January through March to join our staff. This is a 12-week paid internship at a rate of $18 per hour. P...
Nov 23, 2024
St Louis, MO
Staff Accountant (Virtual)
Lee Enterprises Inc
Staff Accountant This job will be involved in day-to-day and month-end accounting processes including commission calculations. This position will assist operations management as necessary. The candida...
Nov 23, 2024
Davenport, IA
©2024 TalentAlly.
Powered by TalentAlly.
Apply for this job
Director, Integrated Account Management (IAM) Contracting Compliance & Operations
Merck
North Wales, PA
Nov 19, 2024
Full-time
Your Information
First Name *
Last Name *
Email Address *
Zip Code *
Password *
Confirm Password *
Create your Profile from your Resume
By clicking the Apply button, you agree to the terms of use and privacy policy.
Continue to Apply

Merck would like you to finish the application on their website.

Ace your interview with AI-powered interview practice

Get comfortable talking to hiring managers, receive personalized feedback on areas for improvement, sharpen your ability to answer the most common questions, and build confidence in formulating strong responses on the spot. Click the button below to begin your three free virtual interviews!