Genentech

Portfolio Rotation Program (PRP)


PayCompetitive
LocationSouth San Francisco/California
Employment typeFull-Time

This job is now closed

  • Job Description

      Req#: 202310-122843

      About the Program:

      The Portfolio Rotation Program (PRP) is a 2 year rotational program that provides motivated early-in-career individuals the opportunity to learn the management principles behind drug development and commercialization. PRP participants will be embedded in teams across the drug development life cycle evaluating business strategies, facilitating team decision-making, and supporting the execution of our world-class science to bring the best medicines to patients. The goal is to build a diverse talent pipeline of future industry leaders with drug development and commercialization experience.

      PRP participants will have the opportunity to rotate in the Program Management, Portfolio Strategy, and Commercial Strategy functions at Genentech. Together, these functions will provide the PRP participant a holistic experience to become a drug development professional within the biopharmaceutical industry.

      Project Management : This function plays a critical role in delivering transformative medicines to patients by driving strategic drug development planning, execution, and decision-making through cross-functional teams.

      Portfolio Strategy: This function takes a holistic view of all the drugs in our development portfolio to generate objective business insights, balance risk with value, and frame problems to enable quality decision-making.

      Commercial Strategy: Once a drug is approved, this function uses competitive intelligence, primary insights, data analytics, and forecasting to unlock key insights for our internal partners that ultimately benefit healthcare providers and patients.

      Responsibilities may include (depending on the rotation department):

      • Facilitate project team meetings, cross-functional communication, and decision making, ensuring alignment with internal and external stakeholders

      • Establish and maintain functionally-integrated project schedules to enable accurate project, financial, and portfolio analyses and ensure accurate inputs are provided into business planning processes

      • Assess the business case for a specific drug development decision, including assessment of risk and/or valuation of various options to be considered by leadership

      • Evaluate Genentech’s drug development portfolio against business strategy, competitive pressures, and other market dynamics to identify strategic initiatives that would enhance the portfolio

      • Conduct market research, forecasting, and data analytics to develop strategic sales & marketing insights and deliver impactful presentations to executive leadership that drive business impact across the organization

      What you can expect:

      • Three rotations lasting 8 months each

      • One rotation in each of program management, portfolio strategy, and commercial strategy functions

      • Tailored assignments that will provide challenging and meaningful projects with hands-on experience

      • A 2-year manager that will serve as your mentor to support your career development and success throughout the program

      • Guidance from experienced managers for on-the-job training during each rotation

      • Training to build your technical and leadership skills

      • Exposure to senior leadership across Genentech and Roche

      • Networking with other rotational associates at Genentech

      • Eligibility for Genentech’s employee benefits (merit increases, bonuses, long-term incentives, 401k match, health/vision/dental insurance, etc.)

      Who we are looking for:

      We are seeking self-starting, highly-motivated early-in-career candidates that thrive in a fast-paced environment. Candidates must have both a strong scientific foundation as well as demonstrated interest in the business of drug development. We’re looking for leaders who can work independently, think critically, thrive in a collaborative space, and communicate effectively.

      Specific Qualifications:

      • Must have an MS/PhD in STEM-related fields or an MBA. Current postdocs that will have not been in their positions for more than 2 years by August 2024 are also eligible to apply

      • Must be a recent graduate (less than two years since graduating from your last degree by August 2024)

      • 0-2 years of work experience in the biotechnology industry

      • A minimum of 1 year of exposure to the business side of drug development. Examples of experience include:

        • Graduate consulting club

        • Independent or part-time consulting outside of academia

        • Venture fund at your university

        • Internship within the biotechnology industry in a business-facing (e.g. non-lab) role

        • Full-time industry experience in a business facing (e.g. non-lab) role (for

      • Passionate about helping patients and engaging with their communities

      • Strong interest in learning about drug development and pursuing a career in the biopharmaceutical industry

      • Evidence of resilience and persevering through challenges

      • Strategic thinking, results oriented

      • Embraces working in a culture where receiving and providing feedback is valued

      How to Apply:

      If you qualify, now is your chance to embark on a career where you can help deliver improved patients outcomes. Please apply with a resume (max 2-pages) and a 1-page cover letter.

      • Bundle Your Application Materials into a Single PDF. We do NOT want separate attachments, please bundle your CV/Resume and Cover Letter into one single PDF when applying.

      • Title Your PDF “First Name_Last Name_PRP_Application” (e.g. Aisha_Aimes_PRP_Application)

      Do not send additional documents (i.e.letters of recommendation, CV, publications, etc.).

      Genentech is committed to diversity and we encourage students from historically underrepresented backgrounds to apply.

      Applications will be due on November 10, 2023 at 5pm Pacific Standard Time.

      For all other inquiries, contact: portfolio-d@gene.com

      The expected salary range for this position based on the primary location of California is $99,300 and $184,500. Actual pay will be determined based on experience, qualifications, geographic location, and other job-related factors permitted by law. This position also qualifies for the benefits detailed at the link provided below.

      Benefits

      Relocation benefits are available for this job posting.

      Genentech is an equal opportunity employer, and we embrace the increasingly diverse world around us. Genentech prohibits unlawful discrimination based on race, color, religion, gender, sexual orientation, gender identity or expression, national origin or ancestry, age, disability, marital status and veteran status.

  • About the company

      Genentech, Inc., is an American biotechnology corporation which became a subsidiary of Roche in 2009.