Department:
102100 People Success
Location:
San Diego, USA- Remote
Be a part of a global team that is inspired to make a difference in the lives of people living with rare disease.
At Travere Therapeutics, we recognize that our exceptional employees are vital to our success. We are a dedicated team focused on meeting the unique needs of rare patients. Our work is rewarding – both professionally and personally – because we are making a difference. We are passionate about what we do.
We are seeking talented individuals who will thrive in our collaborative, diverse, fast-paced environment and share in our mission – to identify, develop and deliver life-changing therapies to people living with rare disease. We stick by our values centered on patients, courage, community, and collaboration to pursue our vision of becoming a leading biopharmaceutical company dedicated to the delivery of innovation and hope to patients in the global rare disease community.
At Travere Therapeutics, we are in rare for life. We continue to courageously forge new paths as we move toward a common goal of elevating science and service for rare patients .
Position Summary
The Vice President, Total Rewards leads the enterprise strategy, design and delivery of total rewards programs that advance Travere’s business priorities and strengthen its ability to attract, engage and retain exceptional talent. The portfolio includes compensation, equity, executive compensation, health and wellbeing benefits, retirement, job architecture, and recognition programs. The leader ensures these programs evolve with the organization, reinforce Travere’s patient-inspired culture, and balance employee value, market competitiveness and long-term financial sustainability.
As a member of the People Success Leadership Team, the Vice President serves as a strategic advisor to the Chief People Officer and senior leaders. The role partners closely with Finance and Legal on executive compensation, workforce investments and Compensation Committee matters and uses market data, analytics, technology and AI to improve decisions, program effectiveness and the employee experience.
Key Responsibilities
Strategy and governance
· Establish and lead a multiyear total rewards strategy aligned with business priorities, organizational growth and current and future talent needs.
· Evolve Travere’s compensation philosophy and the mix of base pay, annual incentives, equity and other rewards in response to talent markets, workforce needs and business priorities.
· Assess market trends and peer practices and translate relevant findings into practical recommendations for Travere. Balance external competitiveness, internal equity, employee impact and financial sustainability.
· Lead total rewards budgeting, forecasting and scenario planning with Finance to clarify investment tradeoffs and opportunities to improve value and sustainability.
· Anticipate the total rewards implications of organizational change, business growth and potential business development activity.
Compensation, equity and executive rewards
· Lead the design, evaluation and administration of executive compensation, including base salary, annual and long-term incentives, and executive offer and retention arrangements.
· Partner with the Chief People Officer, Finance, Legal and external advisors on executive compensation recommendations and materials for the Compensation Committee and Board of Directors.
· Assess peer positioning, pay and performance alignment, equity dilution and share utilization to inform compensation strategy and governance.
· Oversee annual compensation planning, salary structures, incentive programs and equity awards with disciplined, consistent application and clear decision rights.
· Lead pay equity analyses and translate findings into action to strengthen fairness, consistency and transparency.
· Guide differentiated rewards and retention approaches for critical capabilities, key talent and competitive…