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Sr. Portfolio Manager

Thermo Fisher Scientific

Pittsburgh, PAHybridPosted 32 days ago
Full TimeMid LevelCommercial & Pharma SalesLife Science Service & Supply
Original posting ↗

Summary

The Senior Portfolio Manager – Core Lab is responsible for the strategic and commercial management of a clinical diagnostics portfolio, with primary responsibility for clinical chemistry and immunoassay (CCIA) and additional responsibility across hematology, urinalysis, coagulation, LC-MS, and select point-of-care diagnostics. This role serves as the business and relationship lead for assigned supplier partners, driving profitable growth and performance against annual operating plan (AOP) objectives.

Job description

Key Responsibilities

  • Own the business relationship for assigned supplier partners, driving alignment, performance, and profitable growth.
  • Develop and execute portfolio and supplier strategies, manage performance against AOP objectives, and identify opportunities to accelerate growth and optimize business performance.
  • Lead supplier business reviews, including performance analysis, business updates, opportunities, risks, and action plans.
  • Negotiate commercial terms with suppliers, including pricing, rebates, and marketing funding; partner with Legal and other stakeholders on contractual agreements.
  • Build strong, collaborative supplier relationships while effectively managing negotiations, aligning priorities, and driving shared business objectives.
  • Identify and evaluate new suppliers, products, technologies, and portfolio opportunities.
  • Lead new product launches and supplier introductions, driving cross-functional readiness and commercial execution.
  • Partner with Marketing and suppliers to develop and execute marketing programs, sales tools, campaigns, and other growth initiatives.
  • Serve as a portfolio subject matter expert for the organization, providing product, market, competitive, and technical guidance and presenting effectively to sales teams, supplier partners, and leadership.
  • Analyze market dynamics, business performance, pricing, margin, and forecasts to develop business cases and inform portfolio decisions.
  • Develop pricing and positioning strategies that support profitable growth.
  • Partner across Sales, Finance, Supply Chain, Capital Contracting, Purchasing, Marketing, Quality, Regulatory, Legal, Product Administration, Learning and Development, and other Thermo Fisher Scientific teams to achieve business objectives.
  • Secure supplier support and funding for strategic sales, marketing, training, and commercial programs.
  • Take ownership of business issues, engage the appropriate stakeholders, and drive timely resolution.
  • Effectively prioritize and manage multiple suppliers, projects, deadlines, and business needs while maintaining focus on longer-term objectives.

Minimum Requirements/Qualifications

  • Bachelor’s degree (BA/BS) in science, business, or a related field.
  • 3+ years of relevant professional experience in the clinical diagnostics or laboratory products industry, including experience in product or portfolio management, channel management, supplier management, commercial sales, or a related function.
  • Experience with or strong knowledge of clinical chemistry and immunoassay (CCIA), including an understanding of laboratory workflows, instrumentation, assays, reagents and consumables, competitive platforms, and customer requirements.
  • Experience with capital instrumentation is strongly preferred.
  • Experience working within a distribution model or managing distributors/channel partners for a diagnostics manufacturer is highly valued.
  • Additional knowledge or experience across hematology, urinalysis, coagulation, LC-MS, and/or point-of-care diagnostics is beneficial.
  • Previous clinical laboratory experience, including experience as a medical laboratory scientist/medical technologist or in a related laboratory role, is beneficial but not required.
  • Strong commercial, financial, and analytical acumen, with the ability to interpret business performance, pricing, margin, forecasts, and market dynamics and use data to inform decisions and recommendations.
  • Ability to balance strategic thinking with hands-on execution, translating portfolio and supplier strategies into actionable plans and results.
  • Demonstrated ability to build strong business relationships, negotiate effectively, align priorities, and influence across internal and external stakeholders without direct authority.
  • Strong organizational and prioritization skills, with demonstrated ability to manage multiple suppliers, projects, and competing priorities in a fast-paced environment while maintaining focus on longer-term objectives.
  • Strong judgment, ownership, and problem-solving skills, with the ability to bring together cross-functional partners and deliver results.
  • Excellent written and verbal communication, interpersonal, and presentation skills, with the confidence and executive presence to effectively represent the business with commercial teams, supplier partners, and leadership.
  • Proficiency with Microsoft Excel, PowerPoint, and other standard business applications.
  • Ability to travel domestically approximately 20–25%.

Requirements

  • Bachelor’s degree (BA/BS) in science, business, or a related field.
  • 3+ years of relevant professional experience in the clinical diagnostics or laboratory products industry, including experience in product or portfolio management, channel management, supplier management, commercial sales, or a related function.
  • Experience with or strong knowledge of clinical chemistry and immunoassay (CCIA), including an understanding of laboratory workflows, instrumentation, assays, reagents and consumables, competitive platforms, and customer requirements.
  • Experience with capital instrumentation is strongly preferred.
  • Experience working within a distribution model or managing distributors/channel partners for a diagnostics manufacturer is highly valued.
  • Additional knowledge or experience across hematology, urinalysis, coagulation, LC-MS, and/or point-of-care diagnostics is beneficial.
  • Previous clinical laboratory experience, including experience as a medical laboratory scientist/medical technologist or in a related laboratory role, is beneficial but not required.
  • Strong commercial, financial, and analytical acumen, with the ability to interpret business performance, pricing, margin, forecasts, and market dynamics and use data to inform decisions and recommendations.
  • Ability to balance strategic thinking with hands-on execution, translating portfolio and supplier strategies into actionable plans and results.
  • Demonstrated ability to build strong business relationships, negotiate effectively, align priorities, and influence across internal and external stakeholders without direct authority.
  • Strong organizational and prioritization skills, with demonstrated ability to manage multiple suppliers, projects, and competing priorities in a fast-paced environment while maintaining focus on longer-term objectives.
  • Strong judgment, ownership, and problem-solving skills, with the ability to bring together cross-functional partners and deliver results.
  • Excellent written and verbal communication, interpersonal, and presentation skills, with the confidence and executive presence to effectively represent the business with commercial teams, supplier partners, and leadership.
  • Proficiency with Microsoft Excel, PowerPoint, and other standard business applications.
  • Ability to travel domestically approximately 20–25%.

Benefits

  • Competitive remuneration
  • Annual incentive plan bonus
  • Healthcare
  • 401(k)
  • Employee benefits

Company overview

Thermo Fisher Scientific Inc. is the world leader in serving science, with annual revenue of approximately $40 billion. The company's mission is to enable customers to make the world healthier, cleaner, and safer. With over 100,000 employees globally, Thermo Fisher provides an unrivaled combination of innovative technologies, purchasing convenience, and pharmaceutical services through its industry-leading brands including Thermo Scientific, Applied Biosystems, Invitrogen, Fisher Scientific, Unity Lab Services, Patheon, and PPD. The company serves customers across healthcare, life sciences, applied markets, and pharmaceutical sectors, offering solutions that accelerate research, solve complex analytical challenges, improve patient diagnostics, and increase laboratory productivity. Headquartered in Waltham, Massachusetts, Thermo Fisher operates globally, delivering critical scientific products, services, and workflow solutions that support researchers, organizations, and companies in addressing some of the world's most pressing issues.

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