Senior Manager of Licensing Compliance and Revenue

Senior Manager of Licensing Compliance and Revenue

The University of Southern California ("USC") is a leading private research university located in the heart of Los Angeles a global center for arts, technology and international business. As a USC employee, you will enjoy excellent benefits and perks and be a member of the Trojan Family - the faculty, staff, students and alumni who make USC a great place to work. The USC Stevens Center for Innovation ("USC Stevens"), is a university-wide resource for USC innovators in the office of the Provost. The Center reports to the Senior Vice President of Research and has the full support of the USC Provost. USC Stevens is seeking outstanding candidates for the position of Senior Manager of Licensing Compliance and Revenue to join its team. Under the direction of the Associate Director of Operations and Finance, the Senior Manager of Licensing Compliance and Revenue will manage, organize, and implement all department contract administration and compliance activities. The successful candidate will be highly motivated, organized, detail-oriented, and committed to delivering high-quality work, have excellent written and oral communication skills and thrive in a fast-paced environment.

Job Accountabilities :

• Coordinates maintenance of detailed records, documents, correspondences, modifications, recordings, filings, and payments. Prepares and distributes information to appropriate individuals regarding aspects of the contract / agreement. Coordinates necessary closing tasks and provision of summaries to related parties. Develops and distributes reports as necessary.
• Conducts reviews and investigations of potential compliance violations for all existing contracts / agreements. Advises on specific corrective actions as appropriate and coordinates process to compliance resolution. Initiates, develops, manages, and delivers pertinent documents, comprehensive reports, notices of breach, and termination letters as required. Communicates with internal and external stakeholders to ensure all necessary individuals or agencies are timely notified of pertinent information relative to contracts / agreements to ensure compliance.
• Reviews and analyzes new and / or continuing contracts / agreements to ensure terms comply with department's compliance program, policies, and procedures. Conducts contract / agreement review audits in the department's database(s) to ensure compliance. Annually sends out current intellectual property docket to all active licensees and confirms accuracy. Reviews licensee royalty and development reports and monitors for reasonableness and accuracy, including follow up with licensee as necessary. Resolves and / or takes necessary actions to remediate issues found. Ensures all information is accurate and timely entered and maintained in department's database(s).
• Administers and manages contract / agreement terms, deadlines, and deliverables to ensure internal and external stakeholders needs or obligations are met. Reviews and notifies appropriate department staff, agencies, or vendors of all contract / agreement related updates. Ensures all performance responsibilities outlined by the contract / agreement are fulfilled and timely. Consistently reviews and monitors performance during the duration of the contract / agreement. Interfaces with key members of the finance team to monitor, track, and allocate licensing revenue and patent reimbursements.
• Leads the development and implementation of contract compliance administration program including the development and maintenance of standard operating procedures. Reviews, recommends, creates, and modifies policies and procedures to ensure compliance with the University, regulatory and private or other sponsors' regulations and requirements.
• Administers contract / agreement terms to ensure private entities or sponsors' information is correctly recorded for invention disclosure records in department database(s). Obtains copies of sponsor agreements and update records with summary of obligations. Ensures all obligations to sponsors are met, including reports, notifications and payments.
• Develops, modifies, and maintains systems, processes, and / or procedures to facilitate departmental operations specific to contract terms and compliance matters. Develops and implements education and training programs related to contract administration and compliance. Identifies and develops tools and techniques as necessary to ensure departmental compliance.
• Leads and coordinates administration of the University's policies regarding distributions of revenues received under license agreements or other commercialization agreements. Develops and implements processes and procedures for policy administration. Conducts complex research, analyses and calculations of amounts to be distributed in accordance with University policies. Ensures all information necessary to determine distribution amounts is audited, accurate, and complete, and that distributions are timely made in accordance with the University's policies. Interfaces with faculty, University offices, and staff.
• Acts as key resource for contract administration and compliance information for the division, department, or unit. Administers, implements and interprets contract / agreement policies, procedures and guidelines. Provides guidance and makes recommendations to staff members related to contract / agreement and compliance guidelines and procedures.
• Leads development and implementation of department's audit program. Serves as principal administrator of audit program, including coordination of process to select audit targets, selection of audit firms, leading audits through completion, and resolving issues identified in audit results.
• Performs other related duties as assigned or requested.

Preferred Qualifications :

Minimum Qualifications :

USC strongly values diversity and is committed to equal opportunity in employment.