Director, Supplier/Third Party Risk Management (Downers Grove)

Employment Type

: Full-Time


: Executive Management

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Director, Supplier/Third Party Risk Management. Bristol-Myers Squibb is a global Biopharma company committed to a single mission: to discover, develop, and deliver innovative medicines focused on helping millions of patients around the world in disease areas such as oncology, cardiovascular, immunoscience and fibrosis.. Join us and make a difference. We hire the best people and provide them with a work environment that places a premium on diversity, integrity, collaboration and personal development. Through a culture of inclusion, we create a better, more productive work environment. We believe that the diverse experiences and perspectives of all our employees help to drive innovation and transformative business results.. The Head of Third Party Risk Management (TPRM) will oversee BMS Global Procurement?s global third party risk management program, including the ongoing development, management and monitoring of the TPRM program framework in line with BMS?s Global policies and processes. The Head of TPRM is responsible for:. Provide leadership, strategic direction, oversight and management of BMS?s TPRM program to lead the successful execution of the program framework elements. Create and maintain a sustainable TPRM framework that drives ongoing compliance with regulatory requirements, as well as accountability for TPRM requirements including due diligence, contract recommendations and ongoing monitoring. Monitor, manage, enhance and implement TPRM policies, procedures and program governance to ensure effective risk management of Third Parties in accordance with BMS?s guiding principles, enterprise risk appetite and Regulatory requirements. Lead a team in the overall management of the TPRM Program including the coordination of multiple risk dimensions and stakeholder groups to execute due diligence assessments, identify, monitor and mitigate risks of new and existing third-party vendors through remediation. Actively engage and collaborate with internal stakeholders and subject matter specialists across various business units, corporate functions and risk groups to contribute to the effective management of third party relationships and ensure the program is functioning in a consistent, repeatable and risk based manner across all risks dimensions. Partner with Procurement and Legal to ensure compliance of TPRM policies, procedures, processes and escalation of issues, as related to third party risks. Manage regulatory and internal audit interactions related to TPRM. Bring strategic and innovative thought leadership to TPRM key stakeholders to drive continuous collaboration, adoption and performance improvement opportunities. Develop standardized reporting to enable continuous monitoring against program goals. Develop reports to present to program steering committees, cross-functional management committees and the BMS Leadership Committee, as required. Promote and deliver continuous training and awareness on TPRM. Provide oversight of communication, training and change management efforts for TPRM efforts. Actively participate in internal and external forums for developing and providing TPRM thought leadership. Qualifications. Bachelor's degree required with MBA preferred.. Successful 8+ year track record in a procurement organization or R&D or Commercial or Operations function or risk management consulting firm. Demonstrated ability to successfully manage projects, people and resources in a global business environment.. Strategic ability to develop highly effective risk management strategies.. Exhibits thought leadership, insource/outsource analysis and understanding of key value drivers.. Familiarity/experience with Procurement Category Management, Strategic Sourcing, Supplier Management, Compliance Management processes.. Strong analytical skills.. Able to define and understand the most critical issues.. Ability to develop actionable recommendations and implementation plans.. Excellent communication skills (written and verbal).. Strong management skills, with emphasis on people development.. World class procurement competency development skills and supplier relationship skills.. Outstanding cross-functional leadership skills; viewed as credible by business unit/functional leaders.. Willingness to ?constructively dissent? and challenge senior management thinking on key Procurement issues.. Visionary leader with a global business perspective.. Able to get buy-in and commitment from both internal and external stakeholders.. 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 the resources to pursue their goals, both at work and in their personal lives.. Bristol-Myers Squibb - 30+ days ago - save job. Get job updates from Bristol-Myers Squibb. Bristol-Myers Squibb is a global biopharmaceutical company whose mission is to discover, develop and deliver innovative medicines that he.... Thousands of employers search for candidates on Indeed
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Associated topics: buyer, distribution, material, meat, procurement, purchase, raw material, subcontract, supplier, turnaround

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