VP of Human Resources

Date:  Jan 13, 2025
Req ID:  4263
Location: 

Somerset, NJ, US, 08873

Company:  Terumo Medical Corporation
Department:  TMC Human Resources

Terumo Medical Corporation (TMC) develops, manufactures, and markets a complete, solutions-based portfolio of high-quality medical devices used in a broad range of applications for numerous areas of the healthcare industry. TMC places a premium on providing customers with world-class products, training and education programs that drive clear economic value, better clinical outcomes and improved quality of life for patients. TMC is part of Tokyo-based Terumo Corporation; one of the world’s leading medical device manufacturers with $6+ billion in sales, 30,000+ employees worldwide and operations in more than 160 nations. Terumo Medical Corporation is comprised of two strategic business divisions: Terumo Interventional Systems and Terumo Medical Products.

We believe that the future is bright for everyone at Terumo. We work with the future in mind to generate lasting change, create a bigger impact and produce greater outcomes for today, and for decades to come.

At Terumo we believe in the power of personal growth and will encourage you to get in the driver's seat - progressing in the direction you want to go by deepening your skills throughout your career. We want you to be bold, think outside the box, experiment, innovate and deliver what's next for quality healthcare. You will be part of a collaborative, respectful and resilient team of associates and leaders around the world, working together as partners to achieve more than you thought possible, providing real-world, impactful solutions for patients.

Join us and help shape wherever we go next!

Advancing healthcare with heart

 

 

 

 

Job Summary

The Vice President of Human Resources (VP, HR) is responsible for supporting the business through the strategic leadership and direction of the Human Resources function for all Terumo Medical Corporation (TMC) businesses, Shared Services functions and the Terumo Americas Holding (TAH) organization. VP, HR is a key member of the Senior Leadership Team and strategic business partner to the President/COO of TMC, the CEO of TAH, and senior leadership across the TMC/TAH organization, focused on an innovative and integrated people strategy that supports the long-term vision and mission of the company with an emphasis on creating a best-in-class organization. 

The VP, HR is responsible for developing and implementing the Human Resources strategic plan, that ensures we have the right talent, systems, and infrastructure in place, establishes accountability, and identifies solutions to resolve problems, while fostering a diverse and inclusive workplace that enables all associates to contribute to the organization at their full potential. Will focus on cultivating a culture that maximizes associate engagement and performance and lead the organizational efforts aimed at recruiting, developing, informing, inspiring, retaining and rewarding the talent required to achieve the company’s long-term strategy, while developing opportunities to improve the effectiveness of both our people and their collective work.  

VP, HR will lead efforts to improve the efficiency in which the organization operates by understanding the strategic imperatives of the organization, assessing our talent, and ensuring we have the ability to achieve these objectives by developing our people and processes to support success. In addition, VP, HR will be a contributing member of the global HR Leadership team, collaborating with the Chief Human Resources Officer (based in Japan) and the Global HR team, and will build and foster effective HR partnerships across the US and with other global Terumo entities in an effort to identify and develop synergies and efficiencies that will strengthen Terumo as a global Med-Tech leader.

Job Details/Responsibilities

The VP HR needs to think both strategically and act tactically on a local level to ensure that the organization is capable of supporting business objectives.

  • Lead, develop and strengthen a high performing, sustainable HR organization to best support the overall TMC and TAH organizations.
  • Evaluate, implement and assess company-wide programs, systems, policies and procedures that impact our ability to attract, engage, develop and retain associates with the goal of establishing the organization as an employer of choice. This will include, amongst others, recruitment, compensation, recognition, performance management, etc.
  • Build strong partnerships with executive leadership, cross functional leaders, associates, and the Global HR leadership team to ensure informed and efficient solutions based on best practice, data, and an understanding of the business.
  • Drive operational planning (near term) and strategic workforce planning (long-term), inclusive of a robust succession plan for the senior leadership team and key roles throughout the organization. Drive initiatives to address critical talent gaps.
  • Champion, promote, and guide the Diversity, Equity and Inclusion strategies, and associated initiatives/practices in alignment and support of TMC’s business objectives. Foster an inclusive culture focused on mitigating unconscious biases, role modeling self-awareness and openness, and coaching leaders accordingly.
  • Drive initiatives to improve organizational health and effectiveness. Provide overall stewardship related to the maintenance of a healthy, productive, and rewarding culture.
  • Accountable for the advancement and implementation of workforce development and succession strategies that enable the business to identify talent from within and outside the organization and to develop existing talent so that all associates can meet their maximum potential.​​
  • Accountable for the development of progressive and proactive compensation (inclusive of base pay, annual incentive plan, commission plans and LTIP) and benefits programs to assist in the retention of talent, and to provide motivation, recognition, and rewards for effective performance.

Job Responsibilities (continued)

  • Develop and monitor long range HR Information Systems (HRIS) strategic plan, including reporting meaningful data, metrics and analytics for management use across the organization. Ensure existing HRIS tools are fully integrated to provide maximum functionality and utilization. 
  • Responsible for overall HR compliance and addressing risk management issues.
  • Manage and direct the application and interpretation of Human Resource policies throughout the organization.
  • Actively contribute as a member of the TMC Senior Staff Team and proactively support value creation initiatives across functional disciplines
  • Collaborate with the Global CHRO Office and Global HR Steering Committees to develop long term HR strategies that support the business globally.
  • Manage the budget of the department in a cost-efficient manner to meet the goals established and agreed upon with the leadership team
  • Maintain in depth knowledge of all HR policies, programs, laws, and regulations. 
  • Follow all established Environmental Health & Safety and Quality System policies, programs, rules and practices, including but not limited to product and patient safety, the health and safety of all associates as well as the environment and community at large.
  • Perform other job-related duties as assigned.

Knowledge, Skills and Abilities (KSA)

  • Accomplished leader in developing large teams and mentoring others, as well as successfully developing diverse, high-performance teams in highly matrixed environments.
  • Demonstrated knowledge of organizational design, change management, succession management, workforce planning, employee relations methodologies and processes. 
  • Demonstrated ability to manage program and project management to accomplish goals, objectives, timelines, and milestones.
  • Demonstrated ability to provide leadership and vision in a regional and global environment in a collaborative manner.
  • Effective listener with superior critical thinking, problem solving, communication, and leadership skills.
  • Strong cross-functional collaboration and communication skills.
  • High commitment to quality and integrity.

 

Qualifications/ Background Experiences

  • Bachelor’s Degree and a minimum of 15 years of progressive, collaborative Human Resource leadership experience, with a minimum of 10 years in a management capacity required, or equivalent combination of education and experience. Master’s degree a plus.
  • Must have experience successfully providing vision and leadership in a global environment.
  • Thorough knowledge of applicable employment and labor laws at the Federal and State level.
  • Knowledge of Human Resource administration and management, computerized functions as well as excellent knowledge and application of communications and interpersonal skills. 
  • Strong ability to communicate and oversee policy, projects and administration where effecting change is a major issue.
  • Requires demonstrated effective change management skills, conflict resolution skills and the ability to promote, motivate and effect positive changes for the total organization.

 

It is Terumo’s policy to provide equal employment opportunity to all its employees and applicants for employment regardless of their race, creed, color, national origin, age, ancestry, nationality, marital or domestic partnership or civil union status, sex, pregnancy, gender identity or expression, disability status, liability for military service, protected veteran status, sexual orientation, atypical cellular or blood trait, genetic information (including the refusal to submit to genetic testing), or any other category protected by law. As a Company, we value diversity of background and opinion, and prohibit discrimination or harassment on the basis of any legally protected class in the areas of hiring, recruitment, promotion, transfer, demotion, training, compensation, pay, fringe benefits, layoff, termination or any other terms and conditions of employment.

Final compensation packages will ultimately depend on factors including relevant experience, internal equity, skillset, knowledge, geography, education, business needs and market demand. We provide competitive and comprehensive benefit options which include: annual bonus, paid vacation, paid holidays, health, dental and vision benefits, 401(k), with matching contributions, tax advantage savings accounts, legal plan, voluntary life and AD&D insurance, voluntary long-term disability, short term disability, critical illness and accident insurance, parental leave, personal leave, tuition reimbursement, travel assistance, and an employee assistance program.

 


Nearest Major Market: New Jersey