Senior Director, Risk Diligence and Oversight

Working with Us
Challenging. Meaningful. Life-changing. Those aren’t 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. You’ll get the chance to grow and thrive through opportunities uncommon in scale and scope, alongside high-achieving teams rich in diversity. 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: careers.bms.com/working-with-us.

Summary:

The Senior Director of Risk Diligence and Oversight will play a critical leadership role in managing and overseeing third party risk for Bristol Myers Squibb.  This position focuses on healthcare compliance diligence and the oversight of all third-party relationships across all risk domains. The ideal candidate will possess extensive experience in risk management, healthcare compliance, and third-party oversight, with a strategic mindset and the ability to influence and collaborate with senior stakeholders across the organization.

Key Responsibilities:
Healthcare Compliance Risk Diligence and Oversight:

• Lead and manage comprehensive healthcare compliance third party diligence processes to ensure adherence to regulatory requirements and internal standards.

• Collaborate with market compliance professionals and other internal stakeholders to identify and assess compliance risks associated with third-party engagements.

• Provide strategic advisory support on third-party healthcare compliance matters to senior leadership and business units.

• Develop and maintain risk assessment models, inputs, and requirements.

• Partner with risk owners and business stakeholders to conduct risk assessments and provide training on risk management best practices.

• Facilitate risk assessment calibration and stratification processes to ensure consistency and accuracy.

• Report risk assessment findings and insights to senior leadership and designated stakeholders, providing clear and actionable recommendations.

Third-Party Oversight:

• Deliver comprehensive insights on risks for all third-party relationships across all risk domains, including financial, operational, compliance, reputational, and strategic risks.

• Inform and maintain third-party risk management policies, procedures, and tools.

• Monitor and review the performance and risk exposure of existing third-party relationships, ensuring ongoing compliance and risk mitigation.

Strategic Leadership:

• Provide strategic direction and leadership to the third party risk diligence and oversight function, aligning with the company's overall risk management strategy.

• Collaborate with cross-functional teams to integrate risk management practices into business processes and decision-making.

• Drive continuous improvement in risk diligence and oversight practices, leveraging industry best practices and emerging trends.

• Represent the company in external forums and industry groups related to risk management and compliance.

Qualifications & Experience:

• Bachelor’s degree in Risk Management, Business Administration, Finance, Law, or a related field; advanced degree (MBA, JD, etc.) preferred.

• Minimum of 12-15 years of experience in risk management, healthcare compliance, or a related field, with significant experience in a senior leadership role, preferably within the biopharmaceutical industry.

• Deep understanding of healthcare compliance regulations, third-party risk management, and risk assessment methodologies.

• Proven experience in and implementing third party risk diligence and oversight frameworks and tools.

• Exceptional analytical and problem-solving skills, with the ability to interpret complex data and develop strategic insights.

• Strong communication and interpersonal skills, with the ability to effectively influence and collaborate with senior stakeholders at all levels of the organization.

• Experience in