Vice President, Global Total Rewards

Key Responsibilities

Strategic Design & Operating Model

• Define and lead the evolution of Genmab’s total rewards philosophy and structure to support a global, end-to-end biotech organization.
• Design a modern total rewards operating model that integrates regional teams, shared services, and centers of excellence for consistent global delivery.
• Drive process standardization and automation to improve quality, transparency, and efficiency.
• Lead a strategic compensation team responsible for developing forward-looking frameworks, tools, and analytics that enable proactive support to HR Business Partners, Talent, and other COE stakeholders.
• Ensure the Total Rewards function continuously evolves its offerings to meet the changing needs of a high-growth, science-driven organization.

Executive Compensation & Governance

• Serve as lead advisor to the Board’s Remuneration Committee on executive and equity compensation.
• Design performance-based and ESG-linked long-term incentive plans aligned with Genmab’s business strategy and culture.
• Ensure strong governance, compliance, and transparency in all executive pay matters.
• Bring external perspective and best-in-class practices to inform committee discussions and program evolution, ensuring Genmab remains competitive within the biotech and broader life sciences markets.

Global Rewards Strategy & Wellbeing

• Oversee global compensation, benefits, recognition, and mobility programs that balance competitiveness, scalability, and inclusivity.
• Integrate skills-based pay, internal mobility, and evolving career architectures into the total rewards framework.
• Evolve wellbeing and flexibility offerings through technology and personalized employee experiences.
• Champion employee understanding and appreciation of Total Rewards by partnering with Communications and HR to create clear, engaging messaging that connects programs to our purpose, values, and “EVP”.
• Regularly assess market trends, benchmark data, and emerging innovations to identify opportunities for differentiation and continuous improvement.

Technology, Automation & Data

• Lead implementation of digital total rewards platforms and process automation across compensation, benefits, and equity administration.
• Establish robust analytics capabilities for pay equity, retention risk, and predictive modeling.
• Drive continuous improvement through data insights, benchmarking, and feedback loops.
• Leverage advanced analytics to generate actionable insights for business leaders, enabling data-driven decisions around talent retention, productivity, and performance outcomes.

Governance & Continuous Improvement

• Strengthen global governance structures and ensure alignment with regulatory, financial, and ethical standards.
• Create transparency and consistency through standardized processes, policies, and data.
• Build and mentor a global total rewards team with strong analytical and design skills.

Qualification & Requirements

• 15+ years of experience in total rewards, with significant leadership in global, complex organizations.
• Deep expertise in executive compensation design, governance, and disclosure.
• Proven success implementing technology, analytics, and automation within HR or total rewards functions.
• Experience designing shared-service or center of excellence models across geographies.
• Strong understanding of compensation and benefits regulations across multiple markets.
• Exceptional ability to influence and communicate at the executive and Board level.
• Demonstrated success leading and developing global teams, fostering capability growth and functional excellence.
• Proven ability to translate external best practices and market intelligence into actionable strategies tailored to the biotech industry.

Attributes

• Visionary leader who designs systems for long-term scalability.
• Digital innovator who applies automation and analytics to improve the employee experience.
• Trusted advisor who balances strategic foresight with operational excellence.
• Inclusive, globally minded leader who champions fairness and sustainability in rewards.

About you

• You are genuinely passionate about our purpose
• You bring precision and excellence to all that you do
• You believe in our rooted-in-science approach to problem-solving
• You are a generous collaborator who can work in teams with a broad spectrum of backgrounds
• You take pride in enabling the best work of others on the team
• You can grapple with the unknown and be innovative
• You have experience working in a fast-growing, dynamic company (or a strong desire to)
• You work hard and are not afraid to have a little fun while you do so!

Benefits

When You Join Genmab, You’re Joining a Culture That Supports Your Physical, Financial, Social, And Emotional Wellness. Within The First Year, Regular Full-time U.S. Employees Are Eligible For:

• 401(k) Plan: 100% match on the first 6% of contributions
• Health Benefits: Two medical plan options (including HDHP with HSA), dental, and vision insurance
• Voluntary Plans: Critical illness, accident, and hospital indemnity insurance
• Time Off: Paid vacation, sick leave, holidays, and 12 weeks of discretionary paid parental leave
• Support Resources: Access to child and adult backup care, family support programs, financial wellness tools, and emotional well-being support
• Additional Perks: Commuter benefits, tuition reimbursement, and a Lifestyle Spending Account for wellness and personal expenses