Director Executive Rewards

Sandoz continues to go through an exciting and transformative period as a global leader and pioneering provider of sustainable Biosimilar and Generic medicines. As we continue down this new and ambitious path, unique opportunities will present themselves, both professionally and personally. Join us, the future is ours to shape!

Position Purpose:

Manage the end-to-end process on rewards and other contractual aspects for senior leaders. Additionally, lead and/or participate in global rewards projects, including rewards framework and design, governance, policies, M&A activities etc.

Your Key Responsibilities:

Your responsibilities include, but not limited to:

• Produce compensation packages for senior leaders that require top management approvals and support the communication and implementation of such packages. This includes competitive new hire compensation proposals, terminations, special retention actions and other off-cycle requests, as well as the preparation of the relevant documents. Ensure accurate implementation in line with compliance and governance requirements.
• Coordinate with Legal, Tax and Global Mobility on specific cases to ensure appropriate governance, as well as (tax) compliance requirements.
• Manage the year-end compensation process for senior leaders, including preparation of communication / information material, data validation, benchmark reviews. Ensure accurate implementation in line with compliance and governance requirements.
• Advise the P&O Partners on compensation packages for senior management roles, where needed.
• Develop communication material for senior management, helping them to understand the compensation and benefits delivered (e.g., salary letters, brochures, total compensation statements, individual reports, etc.).
• Analysis and reporting of senior management compensation such as retention values, compensation projections, tax, or cash-flow analysis, etc.
• Analyze compensation systems, programs, processes, and data (e.g., executive benchmarking, incentive payout modelling, etc.). Set out results and recommendations tailored to various audiences.
• Lead and/or participate in rewards related projects and M&A activities. Contribute to rewards policy design, program design and compensation systems, defining and applying the governance framework, etc.
• Substitute and/or support other Executive Rewards and Equity Rewards related activities as required. Pro-actively seek to simplify and improve the way we work

What you’ll bring to the role:

Essential Requirements:

• MBA or post graduate post-graduate HR qualification desirable with min years relevant P&O/Rewards experience, preferably in complex, international organization
• Strong business acumen
• Advanced understanding of benefits practices in main locations, tax aspects on equity plans, Global Mobility benefits, and rewards M&A activities is a plus
• Demonstrated P&O business partner mindset and customer sensitivity
• Proven analytical and decision-making skills
• Ability to communicate complex data in a simple and easy-to-understand manner. Ability to manage, influence and provide solutions to senior stakeholders that often have conflicting priorities
• Ability to work across P&O disciplines to help the business find solutions to complex cases. Negotiation skills / Ability to professionally challenge decisions even when interacting with senior executives

Why Sandoz?

Generic and Biosimilar medicines are the backbone of the global medicines industry. Sandoz, a leader in this sector, provided more than 900 million patient treatments across 100+ countries in 2024 and while we are proud of this achievement, we have an ambition to do more!

With investments in new development capabilities, production sites, new acquisitions, and partnerships, we have the opportunity to shape the future of Sandoz and help more patients gain access to low-cost, high-quality medicines, sustainably.

Our momentum is powered by an open, collaborative culture driven by our talented and ambitious colleagues, who, in return for applying their skills experience an agile and collegiate environment with impactful, flexible-hybrid careers, where diversity is welcomed and where personal growth is supported!

Join us!

Commitment to Diversity & Inclusion:

We are committed to building an outstanding, inclusive work environment and diverse teams representative of the patients and communities we serve.