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Associate Director, SD&PM Third Party Risk Systems & Governance

MSD
United StatesRemotefull_timeVerifiedPosted 13 Jun 2024
💰 $193,300/yr($122,800/yr$193,300/yr)

About the role

Job Description

Position Description:

Associate Director, SD&PM Third Party Risk Systems & Governance

Supplier Development & Performance Management (SD&PM) collaborates internationally with both internal and external stakeholders to ensure efficient acquisition of goods and services to enable the commercialization of our medicines, vaccines and Animal Health products. SD&PM’s focus is to ensure delivery of reliable, compliant goods and services from capable Suppliers to enable an uninterrupted supply of our Company’s products and services to our patients.  

Primary Roles: 

As a Third-Party Risk systems & processes owner, partners with SD&PM Risk Operations, Risk Domain Owners, Sourcing Leads, Business Stakeholders, and Third Parties in the robust management of our enterprise Third Party Due Diligence program. This predominantly includes leading governance discussions, driving process improvements, and ensuring appropriate KPIs are monitored and communicated to sponsors.

Responsibilities also extend into supporting system administration and answering user questions.

  • Supports Enterprise Governance for select Top Enterprise Third Parties

  • Facilitates Environmental, Social & Governance (ESG) Third Party Risk Reporting as required

  • Engages with the Enterprise Strategy Office, Corporate Audit and Assurance Services (MCAAS), and various Divisions and functional areas to execute a robust Enterprise Risk Management program

  • Works with Relationship Managers from across the enterprise to ensure effective identification and mitigation of risk associated with the company’s Top Enterprise Third Parties

  • Identifies, designs, and executes Third Party Risk initiatives across the enterprise in partnership with applicable Risk Domain Owners

  • Facilitates the Labor and Human Rights Audit Program

  • Supports Third Party Risk questions during audits

  • Ensures appropriate escalation of risk management gaps, issues, and concerns to management

  • Manages activities related to monitoring of key priorities and metrics for reporting to senior management

  • Develops educational resources such as training materials, communications, and job aids

Role is expected to follow the current hybrid working model.

Position Qualifications:

Education Minimum Requirement:

  • Undergraduate degree in Engineering, Science, Business or related field

Required Experience and Skills:

  • Minimum 7 years in Procurement, Compliance, Quality, Technology, Manufacturing/Operations, Supply Chain or related Business Operations

  • Excellent communication skills and ability to collaborate with both external suppliers and internal stakeholders to drive results and affect change

  • Ability to work in a matrix organization and leverage expertise from other internal departments

  • Detail oriented and strong project/time management skills

  • Ability to identify and lead process improvements

  • Strong problem solving and ability to develop corrective and preventative actions

  • Service Mindset and Growth mindset

  • Appreciation and respect for diversity of thought and inclusion

  • Strong business negotiation skills conducted in a professional manner

  • Ability to lead, coach and mentor

  • Proficiency in data management and analysis

  • Capability to adapt/react quickly to new or changing expectations

  • Ability to respond to inquiries or complaints from colleagues and stakeholders

Preferred Experience and Skills:

  • Knowledge of Procurement/purchasing processes (e.g., Category Management, Strategic Sourcing, Risk Assessment/Analysis)

  • Knowledge of Supplier Development Life Cycle (SDLC) activities and requirements

  • Lean Six Sigma certification (e.g., Green Belt, Black Belt) or equivalent demonstrated process improvement knowledge

  • Knowledge of cGxPs and pharmaceutical / life science operations

  • Experience with executive level presentations

  • Understanding of how to develop and / or improve Third Party/Supplier relationships

  • Knowledge of Finance, Regulatory/Quality, Privacy and Legal expectations for Global Procurement

NOTICE FOR INTERNAL APPLICANTS

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