Senior Manager, Procurement, Third Party Risk Management

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Bristol Myers Squibb (BMS) is seeking a candidate for the position of Senior Manager, Procurement, Third Party Risk Management. The Senior Manager will perform duties within the Research & Development (R&D) functional area will focus on the development and enablement of end-to-end risk governance that achieves simple and compliant processes (e.g. supplier onboarding, supplier risk assessment, on-going supplier risk monitoring) with the appropriate tools and controls in place as per the in-force enterprise Third Party Risk Management (TPRM) Standards and functional SOPs. On the on-going base the Senior Manager ensures compliance to TPRM requirements within the R&D functional area by coordinating / assisting R&D colleagues with each phase of the program and ensuring timely completion of requested activities (i.e. assessment renewals).

Major Responsibilities and Accountabilities:

• Implementation of the enterprise TPRM program within the R&D by leveraging existing Risk Management processes and SOPs and supporting key stakeholders in learning on how to use the newly developed TPRM platform. 

• Supporting the development and enablement of end-to-end risk governance that achieves simple and compliant processes (e.g. risk identification during sourcing selection (RFQ-RFPs), risk assessment, contracting, supplier onboarding, ongoing monitoring, termination) by coordinating and interacting with all key stakeholders and SMEs from involved risk areas (IT, Quality, Corporate Security, EOHSS, Compliance & Ethics, Finance, Legal, etc).

• Help defining process flows and steps to effectively reflect in the TPRM platform existing or newly defined risk assessment processes as per R&D SOPs.

• Support R&D colleagues (Supplier Relationship Managers/ Business Owners, Procurement and SME’s) in implementing TPRM program and complying with the TPRM requirements.

• IRQ (Inherent Risk Questionnaire) to identifying high risk areas per procured services/ goods.

• Support Due Diligence Phase by facilitating and coordinating with BOs and SMEs.

• Support Contingency Plan definition for Critical Suppliers.

• Support on going Monitoring Phase by ensuring active interactions between BOs and SMEs and timely up-date of Risk Summary Reports.

• Support SMEs and BOs with Issue Management at each phase of TPRM program as needed.

This Senior Manager will collaborate with the following cross functional teams

• Counterparts from other BMS Functions. (GPS, Commercial Enabling Services)

• Procurement core TPRM team to ensure harmonization and alignment on approach and execution of the companies’ broader risk management strategy.

• SMEs from Risk Areas supporting TPRM program. (IT Data Privacy & Cyber, Quality, BCM, EOHSS, Corporate Security, Financial Viability, Legal, Compliance & Ethics)

• Members of Procurement. (Global Category Leads, Site Procurement Leads)

• Business Owners and Supplier relationship Mangers (managing external partners in all categories Direct and Indirect) at global level.

Qualifications

Minimum Requirements

• Minimum education of a B.S./B.A. is required.

• Minimum of five (5) plus years of business experience is required in which four (4) years of multi-disciplined procurement experience, or related category domain experience or relevant experience is required.