Job Description

Take this opportunity to gain valuable experience supporting the U.S. commercial organization as part of the fast-paced and collaborative Sales Operations team. Join a dynamic group of colleagues who are committed to positively impacting our company's business and supporting our mission of saving and improving lives.

The Fair Market Value Sr. Specialist will enable the U.S. business by providing operational support to business activity owners conducting Fair Market Value (FMV) assessments as they engage with US customers. Federal Regulations, and company policies, mandate that FMV assessments are done when paying fee-for-service contracts to customers. The FMV Sr. Specialist will be an integral part of our company's efforts to ensure compliance with federal anti-kickback regulations.

The FMV Sr. Specialist will lead, organize and perform analyses of FMV’s and serve as the day-to-day contact on all aspects of the FMV process, which includes oversight, maintenance, access and proper cataloging of the FMV SharePoint site. The position is accountable for partnering with and reviewing all data obtained for analysis from our preferred external consulting partner along with working directly with Finance, Legal and Compliance to ensure contract proposals are within appropriate ranges.

Strong project management skills are required, along with executive presence and the ability to communicate complex information to senior management in a concise, factual manner. Leading without authority, independent resourcefulness and working in ambiguity are critical to this role. Since this position manages across multiple divisions within the U.S. Market, a broad understanding of managing/navigating within our company and the intricacies of working in a matrix team environment across multiple senior level stakeholders is required.

Core responsibilities include but are not limited to:

• • Oversee the portfolio of FMV projects, the library of benchmark data and the need to engage our preferred FMV Consulting Firm on projects not currently within the library

  • Partner with IT to implement ongoing updates to AXIA, our company’s internal FMV platform

  • Set schedules, agendas, milestones and prioritize projects across the FMV portfolio in collaboration with the business activity owner

  • Identify opportunities for continual process improvement

  • Report key metrics to company stakeholders, keep stakeholders apprised of progress through regular project updates, solicit voice of customer feedback and ensure vendor meets the KPIs laid out in our contract

  • Create and conduct training for appropriate business activity owners

  • Assist the business in creating new FMV analyses, by consulting business activity owners on appropriate benchmark data

  • Raise questions and report any compliance issues or concerns

  • Represent the interests of our company on every FMV request and consult with the Process Owner, the FMV Governance team and other senior management regarding FMV proposals/assessments

Position Qualifications:

Education Minimum Requirement:

Education:

• • Bachelor's Degree

Required Experience and Skills**:

• • 3+ years of experience in Fair Market Value or Operations, Sales, Marketing, Marketing Support, Compliance, Legal, Finance or Procurement

  • Project management experience for high priority, complex projects

  • Vendor management and enforcing deadlines

  • Experience working and leading without authority

  • Strong strategic thinking, problem solving, analytical, proactive mind-set & leadership skills

  • Demonstrated communication and collaboration skills between potentially conflicting stakeholders

  • Strong understanding of laws and company policies

  • Ability to function and lead others effectively in a fast-paced, ambiguous environment, with frequently changing priorities

  • Highly Proficient in MS Office (SharePoint, Excel, etc.)

  • Familiarity with databases – meta-tagging, searching and retrieval

  • Excellent time management and organizational skills as well as attention to detail

Required Skills:

Adaptability, Adaptability, Analytical Problem Solving, Analytical Thinking, Brand Management, Business Management, Campaign Management, Collaborative Communications, Communication, Contract Proposals, Customer Feedback, Customer Insights, Data Analysis, Digital Engagement Strategy, Executive Project Management, Fair Valuation, Leadership, Marketing, Marketing Campaign Development, Marketing Management, Market Research, Negotiation, Pricing Strategies, Product Management, Project Management {+ 4 more}

Preferred Skills:

Current Employees apply HERE

Current Contingent Workers apply HERE

US and Puerto Rico Residents Only:

Our company is committed to inclusion, ensuring that candidates can engage in a hiring process that exhibits their true capabilities. Please click here if you need an accommodation during the application or hiring process.

As an Equal Employment Opportunity Employer, we provide equal opportunities to all employees and applicants for employment and prohibit discrimination on the basis of race, color, age, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability status, or other applicable legally protected characteristics. As a federal contractor, we comply with all affirmative action requirements for protected veterans and individuals with disabilities. For more information about personal rights under the U.S. Equal Opportunity Employment laws, visit:

EEOC Know Your Rights

EEOC GINA Supplement​

We are proud to be a company that embraces the value of bringing together, talented, and committed people with diverse experiences, perspectives, skills and backgrounds. The fastest way to breakthrough innovation is when people with diverse ideas, broad experiences, backgrounds, and skills come together in an inclusive environment. We encourage our colleagues to respectfully challenge one another’s thinking and approach problems collectively.

Learn more about your rights, including under California, Colorado and other US State Acts

U.S. Hybrid Work Model

Effective September 5, 2023, employees in office-based positions in the U.S. will be working a Hybrid work consisting of three total days on-site per week, Monday - Thursday, although the specific days may vary by site or organization, with Friday designated as a remote-working day, unless business critical tasks require an on-site presence.This Hybrid work model does not apply to, and daily in-person attendance is required for, field-based positions; facility-based, manufacturing-based, or research-based positions where the work to be performed is located at a Company site; positions covered by a collective-bargaining agreement (unless the agreement provides for hybrid work); or any other position for which the Company has determined the job requirements cannot be reasonably met working remotely. Please note, this Hybrid work model guidance also does not apply to roles that have been designated as “remote”.

The salary range for this role is

$106,200.00 - $167,200.00

This is the lowest to highest salary we in good faith believe we would pay for this role at the time of this posting. An employee’s position within the salary range will be based on several factors including, but not limited to relevant education, qualifications, certifications, experience, skills, geographic location, government requirements, and business or organizational needs.

The successful candidate will be eligible for annual bonus and long-term incentive, if applicable.

We offer a comprehensive package of benefits. Available benefits include medical, dental, vision healthcare and other insurance benefits (for employee and family), retirement benefits, including 401(k), paid holidays, vacation, and compassionate and sick days. More information about benefits is available at https://jobs.merck.com/us/en/compensation-and-benefits.

You can apply for this role through https://jobs.merck.com/us/en (or via the Workday Jobs Hub if you are a current employee). The application deadline for this position is stated on this posting.

San Francisco Residents Only: We will consider qualified applicants with arrest and conviction records for employment in compliance with the San Francisco Fair Chance Ordinance

Los Angeles Residents Only: We will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws, including the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance

Search Firm Representatives Please Read Carefully
Merck & Co., Inc., Rahway, NJ, USA, also known as Merck Sharp & Dohme LLC, Rahway, NJ, USA, does not accept unsolicited assistance from search firms for employment opportunities. All CVs / resumes submitted by search firms to any employee at our company without a valid written search agreement in place for this position will be deemed the sole property of our company. No fee will be paid in the event a candidate is hired by our company as a result of an agency referral where no pre-existing agreement is in place. Where agency agreements are in place, introductions are position specific. Please, no phone calls or emails.

Employee Status:

Regular

Relocation:

No relocation

VISA Sponsorship:

No

Travel Requirements:

No Travel Required

Flexible Work Arrangements:

Hybrid

Shift:

1st - Day

Valid Driving License:

No

Hazardous Material(s):

n/a

Job Posting End Date:

01/30/2026

*A job posting is effective until 11:59:59PM on the day BEFORE the listed job posting end date. Please ensure you apply to a job posting no later than the day BEFORE the job posting end date.