Director Procurement Third Party Risk Management
Director Procurement Third Party Risk Management
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Job Description
Working with Us
Challenging. Meaningful. Lifechanging. Those arent words that are usually associated with a job. But working at Bristol Myers Squibb is anything but usual. Here uniquely interesting work happens every day in every department. From optimizing a production line to the latest breakthroughs in cell therapy this is work that transforms the lives of patients and the careers of those who do it. Youll get the chance to grow and thrive through opportunities uncommon in scale and scope alongside highachieving teams. Take your career farther than you thought possible.
Bristol Myers Squibb recognizes the importance of balance and flexibility in our work environment. We offer a wide variety of competitive benefits services and programs that provide our employees with the resources to pursue their goals both at work and in their personal lives. Read more: Director of ThirdParty Risk Management (TPRM) will oversee BMS Global Procurements global thirdparty risk management program ensuring alignment with BMSs policies systems and regulatory requirements. The role is critical for advancing and evolving the TPRM framework through strong strategic leadership stakeholder engagement efficient process management and compliance oversight. This position will be responsible for driving continuous improvement within the TPRM program by identifying opportunities for enhancements managing escalations and supporting both regulatory and organizational priorities.
Major Responsibilities and Accountabilities:
Leadership and Governance
Lead a team to oversee the sustainable and effective operation of the TPRM program framework ensuring compliance with risk management and regulatory requirements.
Plan and lead Steering Committee meetings to ensure alignment across business units and share progress updates.
Represent the TPRM program in key forums including the Audit and Risk Management Subcommittee (ARMSC) Business Continuity PMO and IT Third Party Assessment Steering Committee.
Serve as the primary point of contact for audits conducted by GIA supporting audit requests and presenting TPRM updates.
Policy and Process Enhancements:
Identify and drive changes to TPRM processes policies and tools soliciting and integrating feedback from stakeholder groups such as FTPRM Risk SMEs SS&P leadership and business unit leaders.
Ensure policies are uptodate and reflective of evolving business needs including updates to TPRM policy documents and the GxP SIMON taxonomy.
Plan and prioritize ProcessUnity system changes partnering with IT Accenture and other teams to ensure effective user testing tool evolution and adoption.
Stakeholder Engagement and Collaboration
Act as an escalation point for TPRM process and toolrelated issues/questions assisting stakeholders with resolution when needed.
Collaborate with internal and external stakeholders including FTPRMs Procurement team members SMEs ThirdParty Service Providers and ProcessUnity to align on TPRM strategies contracting approaches and service delivery models.
Foster strong partnerships with key stakeholders such as IT legal procurement and other business units to enhance overall TPRM program effectiveness.
Lead crossfunctional efforts to address program challenges update stakeholders on TPRM initiatives and identify opportunities for improvement.
Training and Awareness
Responsible for developing and delivering training materials and informational resources about the TPRM program (shared with designated team members) to drive organizational awareness and compliance.
Promote education and engagement about TPRM processes across stakeholder groups.
Monitoring Reporting and Metrics
Build and refine TPRM KPIs reports and dashboards to monitor compliance stakeholder engagement and program goals. Ensure procurementrelated TPRM data is incorporated into SS&P dashboard reporting.
Review reports summarizing TPRM status and follow up with stakeholders (e.g. FTPRMs) on overdue items where appropriate.
Update and evolve TPRM reporting and KPIs based on feedback and shifting business needs.
Develop leadership reporting for key stakeholders such as the Audit Committee and CFO as requested.
Manage ad hoc stakeholder requests related to system approvals process inquiries and TPRM scope clarification.
Direct contracting approaches and business models related to tools leveraged for TPRM (ProcessUnity Resilinc etc. working with Global Procurement colleagues to maintain alignment.
Qualifications
Minimum Requirements
Minimum education of a bachelors degree required; MBA preferred.
Minimum of ten 10 years of successful track record in procurement R&D Commercial Operations or risk management consulting with proven experience managing projects people and resources in a global business environment.
Ability to drive highly effective risk management strategies aligned with regulatory frameworks. Capability to define and achieve actionable recommendations and implementation plans through critical analysis.
Advanced understanding of Procurement Category Management Strategic Sourcing Supplier Management Compliance Management processes and associated risk dimensions.
Strong crossfunctional leadership and stakeholder relationship skills with a demonstrated ability to influence and gain buyin from internal and external stakeholders.
Experience with TPRM tools such as ProcessUnity and Resilinc as well as developing and managing KPIs and dashboards.
Outstanding communication negotiating analytical and management skills. Emphasis on people development change management and training.
Ability to incorporate newest technologies as part of the category strategy
#LIHybrid
If you come across a role that intrigues you but doesnt perfectly line up with your resume we encourage you to apply anyway. You could be one step away from work that will transform your life and career.
Uniquely Interesting Work Lifechanging Careers
With a single vision as inspiring as Transforming patients lives through science every BMS employee plays an integral role in work that goes far beyond ordinary. Each of us is empowered to apply our individual talents and unique perspectives in a supportive culture promoting global participation in clinical trials while our shared values of passion innovation urgency accountability inclusion and integrity bring out the highest potential of each of our colleagues.
Onsite Protocol
BMS has an occupancy structure that determines where an employee is required to conduct their work. This structure includes siteessential sitebydesign fieldbased and remotebydesign jobs. The occupancy type that you are assigned is determined by the nature and responsibilities of your role:
Siteessential roles require 100 of shifts onsite at your assigned facility. Sitebydesign roles may be eligible for a hybrid work model with at least 50 onsite at your assigned facility. For these roles onsite presence is considered an essential job function and is critical to collaboration innovation productivity and a positive Company culture. For fieldbased and remotebydesign roles the ability to physically travel to visit customers patients or business partners and to attend meetings on behalf of BMS as directed is an essential job function.
BMS is dedicated to ensuring that people with disabilities can excel through a transparent recruitment process reasonable workplace accommodations/adjustments and ongoing support in their roles. Applicants can request a reasonable workplace accommodation/adjustment prior to accepting a job offer. If you require reasonable accommodations/adjustments in completing this application or in any part of the recruitment process direct your inquiries to . Visit to access our complete Equal Employment Opportunity statement.
BMS cares about your wellbeing and the wellbeing of our staff customers patients and communities. As a result the Company strongly recommends that all employees be fully vaccinated for Covid19 and keep up to date with Covid19 boosters.
BMS will consider for employment qualified applicants with arrest and conviction records pursuant to applicable laws in your area.
If you live in or expect to work from Los Angeles County if hired for this position please visit this page for important additional information: data processed in connection with role applications will be treated in accordance with applicable data privacy policies and regulations.
Required Experience:
Director
Employment Type
Full-Time
